NON-CURRENT ASSETS HELD FOR SALE (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Disclosure of noncurrent assets held-for-sale [abstract] |
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| Schedule of the movement of non-current assets held for sale |
The movement of the non-current assets held for sale during the years ended December 31, 2025, 2024 and 2023 is as follows: | | | | | | | | | |
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| | December 31, 2025 | | December 31, 2024 | | December 31, 2023 |
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Balance at the beginning of the year | | Ps. | 105,214 | | Ps. | 101,184 | | Ps. | 92,830 | Additions | | | 58,993 | | | 102,486 | | | 72,466 | Assets sold, net | | | (51,651) | | | (57,229) | | | (121,178) | Increase / decrease due to changes in fair value | | | (867) | | | (4,662) | | | (70) | Reclassifications (1) | | | (40,708) | | | (44,457) | | | 62,058 | Effect of movements in exchange rates | | | — | | | 4,501 | | | (7,094) | Assets of disposal group classified as held for sale (2) | | | 18,199,621 | | | — | | | — | Discontinued operation (3) | | | (13,989) | | | 3,391 | | | 2,172 | Balance at year end | | Ps. | 18,256,613 | | Ps. | 105,214 | | Ps. | 101,184 |
| (1) | Includes reclassifications made as of December 31, 2025: i) to investment properties for Ps. (26,604), ii) to other assets for Ps. (28,092), and iii) from own use for Ps. 13,988; for December 31, 2024 reclassifications: i) to investment properties by Ps. (22,370); ii) to other assets by Ps. (20,894); and iii) to Properties, plant and equipment for Ps. (1,193), to December 31, 2023 reclassifications to i) to investment properties by Ps. (95,593) ii) from other assets by Ps. 25,654 and iii) from Properties, plant and equipment for Ps. 131,997. |
| (2) | See note 13.A., "Assets and liabilities classified as held for sale of Multi Financial Group". |
| (3) | See note 13.B., "Discontinued operation related to Multi Financial Group". |
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| Schedule of the detail of non-current assets held for sale |
The following is the detail of the non-current assets held for sale: | | | | | | |
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| | December 31, 2025 | | December 31, 2024 |
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Foreclosed assets | | | | | | | Vehicles | | Ps. | 6,464 | | Ps. | 8,144 | Other movable property | | | — | | | 1,093 | Residential real estate | | | 4,403 | | | 24,361 | Other real estate | | | 21,939 | | | 40,930 | | | Ps. | 32,806 | | Ps. | 74,528 | Assets received from leasing agreements | | | | | | | Vehicles | | | 247 | | | — | Real estate | | | 10,988 | | | 3,666 | | | Ps. | 11,235 | | Ps. | 3,666 | Other non-current assets held for sale | | | | | | | Land | | Ps. | — | | Ps. | 5,158 | Real estate | | | 5,893 | | | 14,889 | Other | | | 7,058 | | | 6,973 | Assets of disposal group classified as held for sale (1) | | | 18,199,621 | | | — | | | Ps. | 18,212,572 | | Ps. | 27,020 | Total | | Ps. | 18,256,613 | | Ps. | 105,214 |
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| Schedule of the detail of associated liabilities to assets held for sale |
The following is the detail of the associated liabilities to assets held for sale: | | | | | | | | | December 31, 2025 | | December 31, 2024 | Other accounts payable | | Ps. | 2,372 | | Ps. | 3,544 | Liabilities of disposal group classified as held for sale (1) | | | 16,459,367 | | | — | Total | | Ps. | 16,461,739 | | Ps. | 3,544 |
(1) See note 13.A., "Assets and liabilities classified as held for sale of Multi Financial Group".
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| Schedule of impairment estimate recognized in balance sheet accounts for discontinued operation held for sale |
| | | | | Values | Net carrying amount of assets recognized as non‑current assets held for sale | Ps. | 1,884,238 | Fair value less costs to sell of assets recognized as non‑current assets held for sale | | 1,740,254 | Impairment to recognize | Ps. | 143,984 | | | | Allocation of impairment for recognized assets | | | Goodwill | Ps. | 136,858 | Intangibles | Ps. | 7,126 |
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| Schedule of assets and liabilities were reclassified as held for sale in connection with the discontinued operation |
The following assets and liabilities were reclassified as held for sale in connection with the discontinued operation as of December 31, 2025: | | |
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| | 2025 |
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| | Value |
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Assets | | | Cash and cash equivalents | Ps. | 351,881 | Trading assets | | 118,664 | Investment securities | | 2,856,396 | | | | Loans: | | | Commercial | | 7,730,539 | Consumer | | 3,836,119 | Mortgages | | 3,110,177 | Interbank and overnight funds | | 138,892 | | | 14,815,727 | Loss allowance | | (262,011) | Total loans, net | | 14,553,716 | | | | Other accounts receivable, net | | 383,898 | Non-current assets held for sale | | 27,201 | | | | Tangible assets | | | Property, plant and equipment for own-use and given in operating lease, net | | 197,768 | Right-of-use assets | | 33,076 | Investment properties | | 10,026 | | | 240,870 | Intangibles | | | Other intangible assets | | 93,650 | | | 93,650 | | | | Income tax assets: | | | Current | | 54,618 | Deferred | | 107,283 | | | 161,901 | | | | Other assets | | 164,423 | Total assets | | 18,952,600 | Effects arising from intra-group transactions | | (752,979) | Total assets of disposal group held for sale | Ps. | 18,199,621 | | | |
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| | 2025 |
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| | Value |
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Liabilities | | | | | | Customer deposits: | | | Checking accounts | Ps. | 2,066,299 | Savings accounts | | 2,128,587 | Time deposits | | 8,630,875 | Other deposits | | 3,770 | | | 12,829,531 | | | | Financial obligations: | | | Interbank borrowings and overnight funds | | 94,089 | Borrowings from banks and others | | 2,446,554 | Bonds issued | | 1,407,405 | | | 3,948,048 | | | | Provisions | | | Non legal related | | 960 | | | 960 | | | | Income tax liabilities: | | | Current | | 1,495 | Deferred | | 1,475 | | | 2,970 | | | | Employee benefits | | 14,468 | Other liabilities | | 416,369 | Total liabilities | | 17,212,346 | Effects arising from intra-group transactions | | (752,979) | Total liabilities of disposal group held for sale | Ps. | 16,459,367 | | | | Net of assets and liabilities as non-current held for sale | Ps. | 1,740,254 |
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| Schedule of financial statements of discontinued operation |
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Discontinued operations | | Notes | | | 2025 | | | 2024 | | | 2023 |
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Interest income calculated using the effective interest method | | | | | | | | | | | | Loan portfolio | | | | Ps. | 1,110,214 | | Ps. | 1,114,791 | Ps. | | 1,168,073 | Cash and cash equivalents | | | | | 558 | | | 22,452 | | | 25,471 | Other accounts receivable | | | | | (17,547) | | | (38,874) | | | (12,906) | Investments in debt securities | | | | | 117,024 | | | 111,661 | | | 87,067 | Total interest income | | | | | 1,210,249 | | | 1,210,030 | | | 1,267,705 | | | | | | | | | | | | | Interest expense | | | | | | | | | | | | Deposits | | | | | (567,311) | | | (580,792) | | | (502,565) | Financial obligations | | | | | (271,068) | | | (289,050) | | | (373,416) | Total interest expense | | | | | (838,379) | | | (869,842) | | | (875,981) | Net interest income | | | | | 371,870 | | | 340,188 | | | 391,724 | | | | | | | | | | | | | Impairment (losses) recoveries on financial assets | | | | | | | | | | | | Loans and other accounts receivable | | | | | (158,774) | | | (139,539) | | | (155,027) | Other financial assets | | | | | 4,269 | | | 825 | | | 2,112 | Net impairment loss on financial assets | | | | | (154,505) | | | (138,714) | | | (152,915) | Net interest income, after impairment losses | | | | | 217,365 | | | 201,474 | | | 238,809 | | | | | | | | | | | | | Income from commissions and fees | | | | | 179,544 | | | 138,540 | | | 140,572 | Expenses from commissions and fees | | | | | (58,265) | | | (30,725) | | | (29,563) | Net income from commissions and fees | | | | | 121,279 | | | 107,815 | | | 111,009 | | | | | | | | | | | | | Net trading income | | | | | 4,302 | | | 2,670 | | | 3,116 | Other income | | | | | 383,849 | | | 244,491 | | | 182,481 | Other expenses | | | | | (668,923) | | | (526,337) | | | (471,046) | | | | | | | | | | | | | Income before income tax | | | | | 57,872 | | | 30,113 | | | 64,369 |
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Discontinued operations | | Notes | | | 2025 | | | 2024 | | | 2023 |
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Income tax | | 19 | | | (31,226) | | | (4,449) | | | (1,361) | Net income for the period from discontinued operations | | | | Ps. | 26,646 | | Ps. | 25,664 | Ps. | | 63,008 | | | | | | | | | | | | | Net income attributable to owners of the parent | | | | | | | | | | | | Net income for the period from discontinued operations, net of tax | | | | | 18,366 | | | 17,689 | | | 43,429 | Owners of the parent | | | | Ps. | 18,366 | | Ps. | 17,689 | Ps. | | 43,429 | | | | | | | | | | | | | Net income attributable to non-controlling interests | | | | | | | | | | | | Net income for the period from discontinued operations, net of tax | | | | | 8,280 | | | 7,975 | | | 19,579 | Non-controlling interests | | | | Ps. | 8,280 | | Ps. | 7,975 | Ps. | | 19,579 | Net income for the period | | | | Ps. | 26,646 | | Ps. | 25,664 | Ps. | | 63,008 | | | | | | | | | | | | | Net income per share attributable to controlling interests (in Colombian pesos) | | 25 | | | 0.77 | | | 0.75 | | | 1.83 |
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| Note | | 2025 | | 2024 | | 2023 |
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| | | | | | | | Net income | | Ps. | 26,646 | Ps. | 25,664 | Ps. | 63,008 | | | | | | | | | Other comprehensive income | | | | | | | | Items that will be reclassified to profit or loss | | | | | | | | Net foreign investment coverage | | | | | | | | Unrealized net gain on fixed-income investments | | | 171,542 | | 50,695 | | 113,940 | | | Ps. | 171,542 | Ps. | 50,695 | Ps. | 113,940 | | | | | | | | | Items that will not be reclassified to profit or loss | | | | | | | | Actuarial losses in employee retirement plans | | | (796) | | (5,393) | | (1,694) | Income tax | | | 199 | | 1,348 | | 423 | | | Ps. | (597) | Ps. | (4,045) | Ps. | (1,271) | | | | | | | | | Other comprehensive income, net of taxes | 25.6 | | 170,945 | | 46,650 | | 112,669 | Total comprehensive income, net of taxes | | Ps. | 197,591 | Ps. | 72,314 | Ps. | 175,677 | | | | | | | | | Total comprehensive income for the year attributable to: | | | | | | | | Owners of the parent | | | 135,679 | | 49,702 | | 120,747 | Non-controlling interests | | | 61,912 | | 22,612 | | 54,930 | | | Ps. | 197,591 | Ps. | 72,314 | Ps. | 175,677 |
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| Note | | 2025 | | 2024 | | 2023 |
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| | | | | | | | Cash flows from discontinued operations MFG | | | | | | | | | | | | | | | | Net income before income tax | | Ps. | 57,872 | Ps. | 30,113 | Ps. | 64,369 | Net cash (used) provided operating activities | | | (1,260,819) | | 251,642 | | (1,893,878) | Net cash provided (used in) investing activities | | | 895,588 | | (202,561) | | 331,148 | Net cash provided (used) financing activities | 21.3 | | 37,780 | | (2,223) | | 1,352,734 | Effect of foreign currency changes on cash and cash equivalents | | | (73,843) | | 99,854 | | (166,676) | (Decrease) increase in cash and cash equivalents | | | (401,294) | | 146,712 | | (376,672) | Cash and cash equivalents at beginning of year | | | 753,175 | | 606,463 | | 983,135 | Cash and cash equivalents at end of year | | Ps. | 351,881 | Ps. | 753,175 | Ps. | 606,463 |
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