ESTIMATION OF FAIR VALUE (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure of estimations of fair value [abstract] |
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| Disclosure of fair value measurement of assets and liabilities, recurring basis [table text block] |
December 31, 2025 | | | | | | | | | | | | |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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Assets (1) | | | | | | | | | | | | | | | | | | | | | | | | | | Trading investments | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 14,958,413 | | Ps. | 859,429 | | Ps. | — | | Ps. | 15,817,842 | Securities issued or secured by other Colombian Government entities | | | — | | | 213,079 | | | — | | | 213,079 | Securities issued or secured by foreign Governments | | | 245,439 | | | 247,237 | | | — | | | 492,676 | Securities issued or secured by other financial entities | | | — | | | 862,772 | | | 169,798 | | | 1,032,570 | Securities issued or secured by non-financial sector entities | | | — | | | 1,939 | | | — | | | 1,939 | Others | | | — | | | 24,738 | | | — | | | 24,738 | Total trading investments | | Ps. | 15,203,852 | | Ps. | 2,209,194 | | Ps. | 169,798 | | Ps. | 17,582,844 | Investments in debt securities at fair value through profit or loss | | | | | | | | | | | | | Others | | | — | | | — | | | — | | | — | Total investments in debt securities at fair value through profit or loss | | Ps. | 15,203,852 | | Ps. | 2,209,194 | | Ps. | 169,798 | | Ps. | 17,582,844 | Investments in debt securities at fair value through OCI | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 18,992,124 | | Ps. | 5,610,575 | | Ps. | — | | Ps. | 24,602,699 | Securities issued or secured by other Colombian Government entities | | | 46,411 | | Ps. | 459,840 | | Ps. | — | | | 506,251 | Securities issued or secured by foreign Governments | | | 72,711 | | | 1,261,975 | | | — | | | 1,334,686 | Securities issued or secured by other financial entities | | | — | | | 1,753,545 | | | — | | | 1,753,545 | Securities issued or secured by non-financial sector entities | | | — | | | 22,617 | | | — | | | 22,617 | Others | | | — | | | 236,158 | | | — | | | 236,158 | Total investments in debt securities at fair value through OCI | | Ps. | 19,111,246 | | Ps. | 9,344,710 | | Ps. | — | | Ps. | 28,455,956 | Total investments in debt securities | | Ps. | 34,315,098 | | Ps. | 11,553,904 | | Ps. | 169,798 | | Ps. | 46,038,800 | | | | | | | | | | | | | | Equity securities | | | | | | | | | | | | | Trading equity securities | | Ps. | 15,284 | | Ps. | 5,177,030 | | Ps. | 4,105,412 | | Ps. | 9,297,726 | Investments in equity through OCI | | | 1,458,576 | | | 108 | | | 140,795 | | | 1,599,479 | Total equity securities | | Ps. | 1,473,860 | | Ps. | 5,177,138 | | Ps. | 4,246,207 | | Ps. | 10,897,205 | | | | | | | | | | | | | | Held for trading derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 1,047,383 | | Ps. | — | | Ps. | 1,047,383 | Debt securities forward | | | — | | | 310,987 | | | — | | | 310,987 | Interest rate swap | | | 26,628 | | | 754,819 | | | — | | | 781,447 | Currency swap | | | — | | | 25,468 | | | — | | | 25,468 | Currency options | | | — | | | 51,736 | | | — | | | 51,736 | Total held for trading derivatives | | Ps. | 26,628 | | Ps. | 2,190,393 | | Ps. | — | | Ps. | 2,217,021 | Hedging derivatives | | | | | | | | | | | | | Currency forward | | | — | | | 637 | | | — | | | 637 | Interest rate swap | | | 23,472 | | | 212,449 | | | — | | | 235,921 | Total hedging derivatives | | Ps. | 23,472 | | Ps. | 213,086 | | Ps. | — | | Ps. | 236,558 | Other account receivables | | | | | | | | | | | | | Financial assets in concession contracts (2) | | | — | | | — | | | 2,635,437 | | | 2,635,437 | Total other account receivables designated at fair value | | Ps. | — | | Ps. | — | | Ps. | 2,635,437 | | Ps. | 2,635,437 | Non- financial assets | | | | | | | | | | | | | Biological assets | | | — | | | — | | | 235,409 | | | 235,409 | Investment properties | | | — | | | 703,818 | | | 179,161 | | | 882,979 | Total non- financial assets | | Ps. | — | | Ps. | 703,818 | | Ps. | 414,570 | | Ps. | 1,118,388 | Total assets at fair value on recurring basis | | Ps. | 35,839,058 | | Ps. | 19,838,339 | | Ps. | 7,466,012 | | Ps. | 63,143,409 | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | | Trading derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 991,647 | | Ps. | — | | Ps. | 991,647 | Debt securities forward | | | — | | | 38,858 | | | — | | | 38,858 | Interest rate swap | | | 35,179 | | | 797,291 | | | — | | | 832,470 | Currency swap | | | — | | | 36,441 | | | — | | | 36,441 | Currency options | | | — | | | 52,023 | | | — | | | 52,023 | Total trading derivatives | | Ps. | 35,179 | | Ps. | 1,916,260 | | Ps. | — | | Ps. | 1,951,439 |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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Hedging derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 9,741 | | Ps. | — | | Ps. | 9,741 | Interest rate swap | | | — | | | 25,101 | | | — | | | 25,101 | Total hedging derivatives | | Ps. | — | | Ps. | 34,842 | | Ps. | — | | Ps. | 34,842 | Total liabilities at fair value on recurring basis | | Ps. | 35,179 | | Ps. | 1,951,102 | | Ps. | — | | Ps. | 1,986,281 |
(1) As of December 2025, the assets related to Multi Financial Group (MFG) were no longer presented line-by-line on the Consolidated Statements of Financial Position and were instead reported in a single line item within “Non-current assets held for sale”, see note 13.A. (2) See Note 12.1 “Financial assets in concession arrangements”. December 31, 2024 | | | | | | | | | | | | |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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Assets | | | | | | | | | | | | | | | | | | | | | | | | | | Trading investments | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 10,580,049 | | Ps. | 61,509 | | Ps. | — | | Ps. | 10,641,558 | Securities issued or secured by other Colombian Government entities | | | — | | | 183,760 | | | — | | | 183,760 | Securities issued or secured by foreign Governments | | | 26,107 | | | 49,272 | | | — | | | 75,379 | Securities issued or secured by other financial entities | | | — | | | 1,002,194 | | | — | | | 1,002,194 | Securities issued or secured by non-financial sector entities | | | — | | | 8,813 | | | — | | | 8,813 | Others | | | — | | | 25,710 | | | — | | | 25,710 | Total trading investments | | Ps. | 10,606,156 | | Ps. | 1,331,258 | | Ps. | — | | Ps. | 11,937,414 | Investments in debt securities at fair value through profit or loss | | | | | | | | | | | | | Others | | | — | | | — | | | 1,425 | | | 1,425 | Total investments in debt securities at fair value through profit or loss | | Ps. | 10,606,156 | | Ps. | 1,331,258 | | Ps. | 1,425 | | Ps. | 11,938,839 | Investments in debt securities at fair value through OCI | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 13,391,650 | | Ps. | 4,876,258 | | Ps. | — | | Ps. | 18,267,908 | Securities issued or secured by other Colombian Government entities | | | 52,253 | | | 410,492 | | | — | | | 462,745 | Securities issued or secured by foreign Governments | | | 1,195,495 | | | 3,307,315 | | | — | | | 4,502,810 | Securities issued or secured by central banks | | | — | | | 204,855 | | | — | | | 204,855 | Securities issued or secured by other financial entities | | | — | | | 2,626,783 | | | — | | | 2,626,783 | Securities issued or secured by non-financial sector entities | | | — | | | 249,660 | | | — | | | 249,660 | Others | | | 1,740 | | | 733,697 | | | — | | | 735,437 | Total investments in debt securities at fair value through OCI | | Ps. | 14,641,138 | | Ps. | 12,409,060 | | Ps. | — | | Ps. | 27,050,198 | Total investments in debt securities | | Ps. | 25,247,294 | | Ps. | 13,740,318 | | Ps. | 1,425 | | Ps. | 38,989,037 | | | | | | | | | | | | | | Equity securities | | | | | | | | | | | | | Trading equity securities | | Ps. | 12,711 | | Ps. | 4,049,509 | | Ps. | 3,194,286 | | Ps. | 7,256,506 | Investments in equity through OCI | | | 1,302,512 | | | 100 | | | 118,691 | | | 1,421,303 | Total equity securities | | Ps. | 1,315,223 | | Ps. | 4,049,609 | | Ps. | 3,312,977 | | Ps. | 8,677,809 | | | | | | | | | | | | | | Held for trading derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 530,625 | | Ps. | — | | Ps. | 530,625 | Debt securities forward | | | — | | | 117,053 | | | — | | | 117,053 | Interest rate swap | | | 4,515 | | | 218,314 | | | — | | | 222,829 | Currency swap | | | — | | | 58,475 | | | — | | | 58,475 | Currency options | | | — | | | 40,312 | | | — | | | 40,312 | Total held for trading derivatives | | Ps. | 4,515 | | Ps. | 964,779 | | Ps. | — | | Ps. | 969,294 | Hedging derivatives | | | | | | | | | | | | | Currency forward | | | — | | | 10,642 | | | — | | | 10,642 | Interest rate swap | | | — | | | 43,377 | | | — | | | 43,377 | Total hedging derivatives | | Ps. | — | | Ps. | 54,019 | | Ps. | — | | Ps. | 54,019 | Other account receivables | | | | | | | | | | | | | Financial assets in concession contracts | | | — | | | — | | | 4,181,835 | | | 4,181,835 | Total other account receivables designated at fair value | | Ps. | — | | Ps. | — | | Ps. | 4,181,835 | | Ps. | 4,181,835 | Non- financial assets | | | | | | | | | | | | | Biological assets | | | — | | | — | | | 238,339 | | | 238,339 | Investment properties | | | — | | | — | | | 972,935 | | | 972,935 | Total non- financial assets | | Ps. | — | | Ps. | — | | Ps. | 1,211,274 | | Ps. | 1,211,274 | Total assets at fair value on recurring basis | | Ps. | 26,567,032 | | Ps. | 18,808,725 | | Ps. | 8,707,511 | | Ps. | 54,083,268 | | | | | | | | | | | | | | Liabilities | | | | | | | | | | | | |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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Trading derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 672,690 | | Ps. | — | | Ps. | 672,690 | Debt securities forward | | | — | | | 15,978 | | | — | | | 15,978 | Interest rate swap | | | 2,469 | | | 219,353 | | | — | | | 221,822 | Currency swap | | | — | | | 52,455 | | | — | | | 52,455 | Currency options | | | — | | | 48,989 | | | — | | | 48,989 | Total trading derivatives | | Ps. | 2,469 | | Ps. | 1,009,465 | | Ps. | — | | Ps. | 1,011,934 | Hedging derivatives | | | | | | | | | | | | | Currency forward | | Ps. | — | | Ps. | 5,250 | | Ps. | — | | Ps. | 5,250 | Interest rate swap | | | — | | | 16,408 | | | — | | | 16,408 | Total hedging derivatives | | Ps. | — | | Ps. | 21,658 | | Ps. | — | | Ps. | 21,658 | Total liabilities at fair value on recurring basis | | Ps. | 2,469 | | Ps. | 1,031,123 | | Ps. | — | | Ps. | 1,033,592 |
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| Trading assets in debt securities pledged as collateral |
The following is a list of held-for-trading financial assets that are being used as collateral in repo operations, pledged as collateral for transactions with financial instruments, or pledged to third parties as collateral to secure financial obligations with other banks. | | | | | | | | | | | | | | | December 31, 2025 | | | Level 1 | | Level 2 | | Level 3 | | Total | Pledged as collateral in money market operations | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 7,127,460 | | Ps. | — | | Ps. | — | | Ps. | 7,127,460 | Securities issued or secured by other financial entities | | | — | | | 3,076 | | | — | | | 3,076 | | | Ps. | 7,127,460 | | Ps. | 3,076 | | Ps. | — | | Ps. | 7,130,536 | | | | | | | | | | | | | | Pledged as collateral to special entities such as CRCC, BR and BVC (1) | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 1,570,315 | | Ps. | 1,745 | | Ps. | — | | Ps. | 1,572,060 | | | Ps. | 1,570,315 | | Ps. | 1,745 | | Ps. | — | | Ps. | 1,572,060 | | | Ps. | 8,697,775 | | Ps. | 4,821 | | Ps. | — | | Ps. | 8,702,596 |
(1) Cámara de Riesgo Central de Contraparte (“CRCC”), Banco de la República (“BR”) and Bolsa de Valores de Colombia (“BVC”) | | | | | | | | | | | | | | | December 31, 2024 | | | Level 1 | | Level 2 | | Level 3 | | Total | Pledged as collateral in money market operations | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 5,270,000 | | Ps. | — | | Ps. | — | | Ps. | 5,270,000 | Securities issued or secured by other financial entities | | | — | | | 2,055 | | | — | | | 2,055 | | | Ps. | 5,270,000 | | Ps. | 2,055 | | Ps. | — | | Ps. | 5,272,055 | | | | | | | | | | | | | | Pledged as collateral to special entities such as CRCC, BR and BVC (1) | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 1,179,027 | | Ps. | — | | Ps. | — | | Ps. | 1,179,027 | | | Ps. | 1,179,027 | | Ps. | — | | Ps. | — | | Ps. | 1,179,027 | | | | | | | | | | | | | | Pledged as collateral in operations with derivative instruments | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 1,193 | | Ps. | — | | Ps. | — | | Ps. | 1,193 | | | Ps. | 1,193 | | Ps. | — | | Ps. | — | | Ps. | 1,193 | | | Ps. | 6,450,220 | | Ps. | 2,055 | | Ps. | — | | Ps. | 6,452,275 |
(1) Cámara de Riesgo Central de Contraparte (“CRCC”), Banco de la República (“BR”) and Bolsa de Valores de Colombia (“BVC”)
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| Investment in debt at FVOCI securities pledged as collateral |
| | | | | | | | | | | | | | | December 31, 2025 | | | Level 1 | | Level 2 | | Level 3 | | Total | Pledged as collateral in money market operations | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 6,942,359 | | Ps. | 921,396 | | Ps. | — | | Ps. | 7,863,755 | Securities issued or secured by other Colombian Government entities | | | 15,470 | | | 6,987 | | | — | | | 22,457 | Others | | | — | | | 122,040 | | | — | | | 122,040 | | | Ps. | 6,957,829 | | Ps. | 1,050,423 | | Ps. | — | | Ps. | 8,008,252 | Pledged as collateral in operations with derivative instruments | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | — | | Ps. | 9,331 | | Ps. | — | | Ps. | 9,331 | | | Ps. | — | | Ps. | 9,331 | | Ps. | — | | Ps. | 9,331 | Pledged as collateral to special entities such as CRCC, BR and BVC (1) | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 2,386,077 | | Ps. | 71,398 | | Ps. | — | | Ps. | 2,457,475 | | | Ps. | 2,386,077 | | Ps. | 71,398 | | Ps. | — | | Ps. | 2,457,475 | | | Ps. | 9,343,906 | | Ps. | 1,131,152 | | Ps. | — | | Ps. | 10,475,058 |
(1) Cámara de Riesgo Central de Contraparte (“CRCC”), Banco de la República (“BR”) and Bolsa de Valores de Colombia (“BVC”) | | | | | | | | | | | | |
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| | December 31, 2024 |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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Pledged as collateral in money market operations | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 7,353,270 | | Ps. | 760,242 | | Ps. | — | | Ps. | 8,113,512 | Securities issued or secured by other Colombian Government entities | | | 17,418 | | | 6,842 | | | — | | | 24,260 | Securities issued or secured by other financial entities | | | — | | | 37,767 | | | — | | | 37,767 | Securities issued or secured by foreign Governments | | | 862,930 | | | 332,741 | | | — | | | 1,195,671 | Securities issued or secured by central banks | | | — | | | 18,670 | | | — | | | 18,670 | Others | | | — | | | 164,308 | | | — | | | 164,308 | | | Ps. | 8,233,618 | | Ps. | 1,320,570 | | Ps. | — | | Ps. | 9,554,188 | Pledged as collateral to special entities such as CRCC, BR and BVC (1) | | | | | | | | | | | | | Securities issued or secured by Colombian Government | | Ps. | 423,117 | | Ps. | 213,290 | | Ps. | — | | Ps. | 636,407 | | | Ps. | 423,117 | | Ps. | 213,290 | | Ps. | — | | Ps. | 636,407 | | | Ps. | 8,656,735 | | Ps. | 1,533,860 | | Ps. | — | | Ps. | 10,190,595 |
(1) Cámara de Riesgo Central de Contraparte (“CRCC”), Banco de la República (“BR”) and Bolsa de Valores de Colombia (“BVC”)
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| Disclosure of fair value measurement of assets and liabilities, nonrecurring basis [table text block] |
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| | Level 1 | | Level 2 | | Level 3 | | Total |
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December 31, 2025 | | | | | | | | | | | | |
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Impaired collateralized loans | | Ps. | — | | Ps. | — | | Ps. | 416,065 | | Ps. | 416,065 |
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Assets of disposal group held for sale (1) | | | — | | | — | | | 18,199,621 | | | 18,199,621 |
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Non- current assets held for sale | | | — | | | — | | | 56,992 | | | 56,992 |
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| | Ps. | — | | Ps. | — | | Ps. | 18,672,678 | | Ps. | 18,672,678 |
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| | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | December 31, 2024 | | | | | | | | | | | | | Impaired collateralized loans | | Ps. | — | | Ps. | — | | Ps. | 1,795,616 | | Ps. | 1,795,616 | Non- current assets held for sale | | | — | | | — | | | 105,214 | | | 105,214 | | | Ps. | — | | Ps. | — | | Ps. | 1,900,830 | | Ps. | 1,900,830 |
| | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Total | December 31, 2025 | | | | | | | | | | | | | Liabilities of disposal group held for sale (1) | | Ps. | — | | Ps. | — | | Ps. | 16,459,367 | | Ps. | 16,459,367 | | | Ps. | — | | Ps. | — | | Ps. | 16,459,367 | | Ps. | 16,459,367 |
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| Disclosure of Detailed Information About Sensitivity Analysis of Changes on Assumptions Related to Investments Classified as Equity Instruments at FVOCI [Text Block] |
| | | | | | | | | | | | | Favorable | | Unfavorable | Methods and Variables | | Variation | | impact | | impact | Comparable multiples / Recent transaction price | | | | | | | | | EBITDA Number of times | | +/-1% | | Ps. | 583 | | Ps. | (583) | Adjusted discounted cash flow | | | | | | | | | Perpetuity gradient | | +/- 100pb | | | 2,008 | | | (1,488) | Income | | +/- 100pb | | | 322 | | | (286) | Discount interest rates | | +/- 100pb | | | 69 | | | (70) | | | +/- 50pb | | | 74 | | | (37) | | | | | Ps. | 3,056 | | Ps. | (2,464) |
| | | | | | | | | | | | | Favorable | | Unfavorable | Methods and Variables | | Variation | | impact | | impact | Comparable multiples / Recent transaction price | | | | | | | | | EBITDA Number of times | | +/-1% | | Ps. | 434 | | Ps. | (434) | Adjusted discounted cash flow | | | | | | | | | Perpetuity gradient | | +/- 50 pb | | | 38 | | | — | Income | | +/- 100pb | | | 320 | | | (282) | Discount interest rates | | +/- 50 pb | | | 336 | | | (330) | | | | | Ps. | 1,128 | | Ps. | (1,046) |
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| Disclosure of Detailed Information About Sensitivity Analysis of Changes on Assumptions Related to Investments Classified as Equity Instruments at FVTPL [Text Block] |
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| | | Scenario 1 (1) | | Scenario 2 (2) |
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Sensitivity calculation variables: | | | | | |
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Market value (square meter) | | | +10% | | -10% |
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Market income | | | +10% | | -10% |
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Initial capitalization rate | | | +50 bp | | -50 bp |
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Cash flow discount rate | | | +50 bp | | -50 bp |
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(1) Contemplates the calculation taking the increase of the variables. (2) Contemplates the calculation taking the decrease of the variables.
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| Schedule of table includes a sensitivity analysis of main equity securities |
Nexus Real Estate Capital Funds (Nexus) Includes investments in the Nexus Real Estate Capital Funds as of December 31, 2025, Ps.3,717,262 classified at FVTPL level 3: | | | | | | | | | Scenario 1 (1) | | Scenario 2 (1) | Sensitivity impacts | | Ps. | 47,056 | | Ps. | (76,273) | | | Ps. | 47,056 | | Ps. | (76,273) |
(1) For the year 2025, there are some appraisal reports whose input is level 2, while the total compartment for the Nexus private real estate fund is classified by Grupo Aval as level 3; therefore, the analysis corresponds solely to the sensitivity of the underlying assets with level 3 valuation. Includes investments in the Nexus Real Estate Capital Funds as of December 31, 2024, Ps.2,772,165 classified at FVTPL level 3: | | | | | | | | | Scenario 1 | | Scenario 2 | Sensitivity impacts | | Ps. | 65,955 | | Ps. | (97,147) | | | Ps. | 65,955 | | Ps. | (97,147) |
Private Equity Fund Pactia Inmobiliario (Pactia) The following table includes a sensitivity analysis for the Private Equity Fund Pactia Inmobiliario as of December 31, 2025, for Ps. 368,940, classified at FVTPL level 3: | | | | | | | | | Scenario 1 (1) | | Scenario 2 (1) | Sensitivity impacts | | Ps. | 145,958 | | Ps. | (130,982) | | | Ps. | 145,958 | | Ps. | (130,982) |
(1) The impact of the scenarios corresponds to 100% of the valuation sample in which each entity of the Group has a percentage of participation of: Banco Bogotá 6.29%, Banco Popular 4.53%, Banco de Occidente 2.48% and Banco AV Villas 0.66%. The following table includes a sensitivity analysis for the Private Equity Fund Pactia Inmobiliario as of December 31, 2024, for Ps. 327,688 (1), classified at FVTPL level 3: | | | | | | | | | Scenario 1 (2) | | Scenario 2 (2) | Sensitivity impacts | | Ps. | 3,816 | | Ps. | (6,294) | | | Ps. | 3,816 | | Ps. | (6,294) |
(1) Includes opening balance as of October 29, 2024, of Ps. 324,220 and valued of Ps. 3,468. (2) The impact of the scenarios corresponds to 100% of the valuation sample in which each entity of the Group has a percentage of participation of: Banco Bogotá 6.24%, Banco Popular 4.49%, Banco de Occidente 2.46% and Banco AV Villas 0.65%. The following table includes a sensitivity analysis for the investment properties as of December 31, 2025, for Ps. 179,161, classified at FVTPL level 3: | | | | | | | | | | Scenario 1 | | | Scenario 2 | Sensitivity impacts | | Ps. | 8,950 | | Ps. | (9,177) | | | Ps. | 8,950 | | Ps. | (9,177) |
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| Disclosure of detailed information about sensitivity analysis of the assumptions used by Promigas and its subsidiaries in the calculation of fair value of unconditional transfer rights of gas pipelines to Government entities [Text Block] |
| | | | | | | | | | | | | | | December 31, 2025 | | December 31, 2024 | Variable | | +100 bps | | -100 bps | | +100 bps | | -100 bps | WACC | | Ps. | (688,849) | | Ps. | 1,057,443 | | Ps. | (927,375) | | Ps. | 1,416,415 | Perpetuity growth rate (1) | | | 598,455 | | | (417,801) | | | 888,065 | | | (617,439) |
(1) Perpetuity growth rate in the case of concessions with renewal clauses that are highly likely to be exercised.
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| Disclosure of detailed information about transfer of fair value between level 1 and 2 |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Investments in debt | | Investments in debt | | | securities at FVTPL | | securities at FVOCI | | | Transfers between: | | Transfers between: | | | Level 2 to 1 | | Level 1 to 2 | | Level 3 to 2 | | Level 2 to 1 | | Level 1 to 2 | | Level 3 to 2 | Securities issued or secured by Colombian Government | | Ps. | — | | Ps. | — | | Ps. | — | | Ps. | — | | Ps. | 161,788 | | Ps. | — | | | Ps. | — | | Ps. | — | | Ps. | — | | Ps. | — | | Ps. | 161,788 | | Ps. | — |
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| | Investments in debt | | Investments in debt |
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| | securities at FVTPL | | securities at FVOCI |
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| | Transfers between: | | Transfers between: |
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| | Level 2 to 1 | | Level 1 to 2 | | Level 3 to 2 | | Level 2 to 1 | | Level 1 to 2 | | Level 3 to 2 |
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Securities issued or secured by Colombian Government | | Ps. | — | | Ps. | 99 | | Ps. | — | | Ps. | — | | Ps. | 1,318,769 | | Ps. | — |
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| | Ps. | — | | Ps. | 99 | | Ps. | — | | Ps. | — | | Ps. | 1,318,769 | | Ps. | — |
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| | | | | | | | | | | | Investment properties | | | at FVTPL | | | Transfers between: | | | Level 2 to 1 | | Level 1 to 2 | | Level 3 to 2 | Investment properties | | Ps. | — | | Ps. | — | | Ps. | 696,084 | | | Ps. | — | | Ps. | — | | Ps. | 696,084 |
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| Disclosure of detailed information about Changes in Level 3 Fair-Value Category [Text Block] |
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| Financial assets | | | | | Financial assets in | | | | | | |
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| in debt | | Equity | | concession | | Biological | | Investment |
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| securities | | instruments | | arrangements | | assets | | properties |
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January 1, 2023 | Ps. | 1,383 | | Ps. | 2,302,280 | | Ps. | 3,507,231 | | Ps. | 212,630 | | Ps. | 880,963 | Changes in fair value recognized in profit or loss (1) | | 506 | | | 221,926 | | | 323,685 | | | 18,601 | | | 92,607 | Changes in fair value recognized in OCI | | — | | | 39,566 | | | — | | | — | | | 557 | Transfers to/from non-current assets held for sale | | — | | | — | | | — | | | — | | | 95,593 | Reclassifications | | — | | | — | | | — | | | — | | | (4,160) | Effect of movements in exchange rates | | — | | | — | | | — | | | — | | | (7,079) | Additions | | — | | | 830,718 | | | — | | | 26,118 | | | 56,307 | Sales / redemptions | | — | | | (606,614) | | | — | | | (26,677) | | | (200,670) | Discontinued operations (2) | | — | | | (17,650) | | | — | | | — | | | (7,649) | December 31, 2023 | Ps. | 1,889 | | Ps. | 2,770,226 | | Ps. | 3,830,916 | | Ps. | 230,672 | | Ps. | 906,469 | Changes in fair value recognized in profit or loss (1) | | (464) | | | 211,414 | | | 350,919 | | | 7,589 | | | 36,705 | Changes in fair value recognized in OCI | | — | | | (6,819) | | | — | | | — | | | 16,935 | Transfers to/from non-current assets held for sale | | — | | | — | | | — | | | — | | | 22,370 | Reclassifications | | — | | | — | | | — | | | — | | | 32,470 | Effect of movements in exchange rates | | — | | | — | | | — | | | — | | | 6,966 | Additions | | — | | (3) | 326,096 | | | — | | | 26,572 | | | 37,859 | Sales / redemptions | | — | | (4) | (1,199) | | | — | | | (26,494) | | | (85,975) | Discontinued operations (2) | | — | | | 13,259 | | | — | | | — | | | (864) | December 31, 2024 | Ps. | 1,425 | | Ps. | 3,312,977 | | Ps. | 4,181,835 | | Ps. | 238,339 | | Ps. | 972,935 | Changes in fair value recognized in profit or loss (1) | | 729 | | | 429,160 | | | 623,163 | | | 3,396 | | | 4,905 | Changes in fair value recognized in OCI | | — | | | 22,076 | | | — | | | — | | | (1,915) | Execution of the conversion option of the BOCEA into shares (5) | | (1,425) | | | — | | | — | | | — | | | — | Net effect from concession termination (6) | | — | | | — | | | (2,169,561) | | | — | | | 6,675 | Transfers to/from non-current assets held for sale | | — | | | — | | | — | | | — | | | 19,388 | Effect of movements in exchange rates | | — | | | — | | | — | | | — | | | (5,946) | Additions | | 169,069 | | (3) | 569,789 | | | — | | | 27,222 | | | 4,721 | Sales / redemptions | | — | | | — | | | — | | | (33,548) | | | (129,377) | Transfer from level 2 to level 3 | | — | | | 28 | | | — | | | — | | | — |
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| Financial assets | | | | | Financial assets in | | | | | | |
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| in debt | | Equity | | concession | | Biological | | Investment |
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| securities | | instruments | | arrangements | | assets | | properties |
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Transfers from level 3 to level 2 (7) | | — | | | — | | | — | | | — | | | (696,084) | Discontinued operations (2) | | — | | | — | | | — | | | — | | | 3,908 | Reclassification MFG operation (8) | | — | | | (87,823) | | | — | | | — | | | (49) | December 31, 2025 | Ps. | 169,798 | | Ps. | 4,246,207 | | Ps. | 2,635,437 | | Ps. | 235,409 | | Ps. | 179,161 |
(1) Included in a) debt and equity securities in “Net trading income” – “Trading investment income” line; b) financial assets in concession arrangements in “Net income from other financial instruments mandatorily at fair value through profit or loss” line; c) Biological assets in “Income from sales of goods and services” line, and d) Investment properties mainly in “Other income” line. (2) See note 13B., "Discontinued operation related to Multi Financial Group". (3) In 2024, the increase is mainly due to the transfer of assets to the Pactia Real Estate Private Equity Fund. For 2025, it is mainly due to increases in the Nexus Private Real Estate Fund by Hoteles Estelar S.A and the investment of Banco de Occidente in the Credicorp PAF private equity fund. (4) Corresponds to the sale of the shareholding of Grupo Zona Franca Bogotá of Banco de Bogotá for Ps. 1,199. (5) Corresponds to the BOCEA issued by Titularizadora Colombiana, in which Banco Av Villas held a position. Upon maturity, on December 16, 2025, the entity exercised its right to convert the instrument into shares (6) See Note 12.1 “Financial assets in concession arrangements”. (7) As of December 31, 2025, the appraisals incorporated observable data for the estimation of fair value, allowing them to be categorized at level 2. (8) Corresponds to the reclassification to Non-Current Assets Held for Sale of Multi Financial Group operation as of December 31, 2025, see note 13.A.
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| Disclosure of detailed information about financial assets and liabilities accounted at amortized cost and valued at fair value only for purposes of this disclosure [Text Block] |
| | | | | | | | | | | | | | | December 31, 2025 | | December 31, 2024 | | | Carrying | | Fair Value | | Carrying | | Fair Value | | | Amount | | Estimate | | Amount | | Estimate | Assets (1) | | | | | | | | | | | | | Investments in debt securities at amortized cost (2) | | Ps. | 9,197,179 | | Ps. | 9,239,039 | | Ps. | 10,689,692 | | Ps. | 10,715,384 | Net credit portfolio at amortized cost (3) | | | 184,225,973 | | | 185,831,654 | | | 190,129,486 | | | 189,257,222 | Total financial assets | | Ps. | 193,423,152 | | Ps. | 195,070,693 | | Ps. | 200,819,178 | | Ps. | 199,972,606 | | | | | | | | | | | | | | Liabilities (4) | | | | | | | | | | | | | Customer deposits (5) | | Ps. | 207,405,238 | | Ps. | 207,699,875 | | Ps. | 200,872,177 | | Ps. | 201,762,276 | Financial obligations (6) | | | 68,671,586 | | | 67,290,749 | | | 72,823,775 | | | 71,364,572 | Total financial liabilities | | Ps. | 276,076,824 | | Ps. | 274,990,624 | | Ps. | 273,695,952 | | Ps. | 273,126,848 |
The following is a breakdown of how financial assets and liabilities accounted at amortized cost and are measured at fair value for disclosure purposes only. (1) As of December 2025, the assets related to Multi Financial Group (MFG) were no longer presented line-by-line on the Consolidated Statements of Financial Position and were instead reported in a single line item within “Non-current assets held for sale”, see note 13.A. (2) Debt securities at amortized cost Fair value of fixed income investments at amortized cost was determined using the dirty price given by the price supplier, securities in an active market and with a market price for the day of the valuation are classified as level 1; securities with no active market and/or with an estimated price (present value of the flows of a security, discounted with the reference rate and the corresponding margin) given by the supplier are classified as level 2 and level 3. (3) Credit portfolio at amortized cost For credit portfolio at amortized cost, the fair value was determined using discounted cash flows models at zero coupon bond, taking into consideration the credit risk and its maturity; the process of valuation is deemed as level 3. Accounts receivable and payable are classified as short-term assets and liabilities; in consequence, their fair value is similar to their book value. (4) As of December 2025, the liabilities related to Multi Financial Group (MFG) were no longer presented line-by-line on the Consolidated Statements of Financial Position and were instead reported in a single line item within “Liabilities directly associated with non-current assets held for sale”, see note 13.A. (5) Customer deposits The fair value of demand deposits is equal to their carrying value. For fixed-term deposits with maturities of less than 180 days, their fair value is deemed equal to their carrying value. For fixed-term deposits with maturities of more than 180 days, their fair value was estimated using the carrying discounted cash flow models and the interest rates offered by banks in accordance with their maturity. This is considered as a level 2 valuation. (6) Financial obligations and other liabilities For financial liabilities and other short-term liabilities, the carrying value was considered to be similar to its fair value. The fair value of long-term financial liabilities was determined using the discounted cash flow model at interest rates free of risk adjusted by risk premiums of each entity. The fair value of outstanding bonds is determined according to quoted prices or estimated prices supplied by the price vendor. It is considered that this is a level 2 valuation.
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