Business Context and Reporting Period
Company: Intercorp Financial Services Inc. (IFS)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: March 18, 2025
Context: Notification of a Material Event regarding the Board of Directors' unanimous approval of the 2024 fiscal year results and the convening of the 2025 Annual Shareholders' Meeting (ASM).
Key Financial Metrics
This filing serves as a procedural notification and does not contain specific numerical financial data. The following items were approved by the Board but their values are not disclosed in this text:
- Financial Statements: Audited Separate and Consolidated Financial Statements for fiscal year 2024 (Auditor: Tanaka, Valdivia & Asociados, member of Ernst & Young).
- Profit and Dividends: Net Profit Allocation and Dividend Distribution for fiscal year 2024.
- Policy: 2025 Dividend Policy.
Note: Specific figures for revenue, profit, cash flow, margins, debt, and liquidity are not provided in this filing text. Investors must refer to the full Annual Report and Financial Statements posted on the company website.
Material Changes
No comparative financial data or material changes in metrics versus prior periods are detailed in this document. The filing focuses on corporate governance actions taken on March 18, 2025.
Guidance, Outlook, and Corporate Actions
Board Resolutions:
- Approved 2024 Audited Financial Statements and Annual Report.
- Proposed Net Profit Allocation and Dividend Distribution for 2024 to the ASM.
- Proposed the 2025 Dividend Policy to the ASM.
- Approved a Share Repurchase Program.
2025 Annual Shareholders' Meeting (ASM):
- First Call: March 31, 2025, at 11:30 a.m. (Lima time).
- Second Call: April 4, 2025, at 11:30 a.m. (Lima time).
- Format: Virtual mode.
- Key Agenda Items: Approval of 2024 results, dividend distribution, 2025 dividend policy, appointment of the Board of Directors for 2025-2027, and approval of the Share Repurchase Program.
Sustainability: The agenda includes a presentation on the Company's participation in the S&P Global 2024 Corporate Sustainability Assessment (CSA) and ESG progress.
Investor Verification Checklist
- Dividend Details: Verify the specific dividend amount per share and payout ratio in the full 2024 Financial Statements.
- Share Repurchase Program: Review the terms, authorization limits, and duration of the approved Share Repurchase Program.
- Board Composition: Confirm the list of directors appointed for the 2025-2027 term at the ASM.
- Financial Performance: Access the full Audited Financial Statements on www.ifs.com.pe to review revenue, net income, and liquidity metrics for 2024.
- Meeting Attendance: Review the proxy letter and attendance procedures posted on the company website for the March 31/April 4 ASM.