Intercorp Financial Services (IFS) Asset Writedowns and Impairment (2019 - 2023)

Intercorp Financial Services (IFS) has 5 years of Asset Writedowns and Impairment data on file, last reported at -$7.9 million in Q4 2023.

• Asset Writedowns and Impairment for Q4 2023 came in at -$7.9 million, down 145.35% year-over-year; the trailing twelve-month figure through Dec 2023 was -$2.6 million (down 107.58% YoY), and the FY2023 annual result was $7.5 million, down 41.19% from the prior year.
• Asset Writedowns and Impairment slipped to -$7.9 million in Q4 2023 per IFS's latest filing, from $1.1 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $92.9 million in Q2 2020 and troughed at -$56.7 million in Q3 2021.
• A 5-year average of $10.5 million and a median of $1.1 million in 2019 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment jumped 11906.61% in 2020, then tumbled 2125.83% in 2021.
• A 5-year view of Asset Writedowns and Impairment shows it stood at -$5.3 million in 2019, then plunged by 323.7% to -$22.3 million in 2020, then jumped by 248.93% to $33.2 million in 2021, then sank by 47.81% to $17.3 million in 2022, then sank by 145.35% to -$7.9 million in 2023.
• Business Quant data shows IFS's Asset Writedowns and Impairment at -$7.9 million in Q4 2023, $1.1 million in Q2 2023, and -$13.2 million in Q1 2023.