Grupo Aval maintained steady dividend payments through early 2026, supported by disciplined capital allocation and improving credit portfolio quality. Despite a slight revenue decline in 2024, the company reduced net impairment losses notably in 2025, particularly within consumer loans. Strategic deployment of liquidity into fixed-income securities and a shift toward lower-cost retail deposits have lowered funding costs. The sustainable finance portfolio more than doubled in 2025, reflecting ESG integration in capital allocation. Investors should monitor credit risk trends, funding cost developments, and dividend policy consistency against Colombia’s evolving fiscal and monetary conditions.