Banco Comercial AV Villas S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was COP 169,464 million compared to COP 221,125 million a year ago. Net loss was COP 53,329 million compared to net income of COP 19,381 million a year ago.
For the nine months, net interest income was COP 498,687 million compared to COP 710,534 million a year ago. Net loss was COP 178,978 million compared to net income of COP 133,655 million a year ago. Basic loss per share from continuing operations was COP 796.41 compared to basic earnings per share from continuing operations of COP 594.73 a year ago.