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Intercorp Financial Services Priced, NYSE: IFS

Leading bank, insurer, and wealth manager in Peru.

Industry: Financials

Latest Trade: $46.11 0.00 (0.0%)

First Day Return: +0.2%

Return from IPO: +0.2%

Industry: Financials

IFS is a leading provider of banking, insurance and wealth management services for retail customers and commercial clients in Peru. Our purpose is to empower all Peruvians to achieve financial well-being, and as such, we have built an integrated financial services platform in the fast-growing, underpenetrated and profitable Peruvian financial system. We have invested in building a leading and scalable digital platform (mobile and online), which is rapidly being adopted by existing and new customers. Our digital platform is complemented by one of the largest distribution networks in the country which includes financial stores, ATMs, correspondent agents, dedicated sales forces, financial advisors, and call centers. Together our digital platform and distribution network provide our more than three million customers and a potential market of more than 30 million Peruvians and 9 million businesses with access to our products and services and a distinctive and convenient customer experience. We manage our business in three segments, banking, insurance and wealth management, that complement each other and represent diversified sources of revenue. Our banking segment operates through our subsidiary Interbank, which is the second largest provider of consumer loans in Peru, according to the SBS.
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IPO News for Intercorp Financial Services
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IPO Data
IPO File Date 07/03/2019
Offer Price $46.00
Price Range $44.00 - $50.00
Offer Shares (mm) 9.0
Deal Size ($mm) $414
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/18/2019
Offer Price $46.00
Price Range $44.00 - $50.00
Offer Shares (mm) 9.0
Deal Size ($mm) $414
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Lima, Peru
Founded 1897
Employees 6,759
Website www.ifs.com.pe