Sign in

    Gabriel Noriega

    Vice President and Equity Research Analyst at UBS

    Gabriel Noriega is a Vice President and Equity Research Analyst at UBS, specializing in financial sector research with a focus on major banks and asset management firms. He covers leading companies such as JPMorgan Chase, Bank of America, and Goldman Sachs, consistently delivering actionable investment insights and maintaining a solid performance track record, including above-average recommendation accuracy and positive returns as tracked by independent analyst ranking platforms. Noriega began his finance career in the late 2010s, previously holding analytical roles at boutique investment firms before joining UBS in the early 2020s. He holds FINRA Series 7 and 63 licenses, underscoring his strong professional credentials in securities analysis.

    Gabriel Noriega's questions to Grupo Aval Acciones Y Valores (AVAL) leadership

    Gabriel Noriega's questions to Grupo Aval Acciones Y Valores (AVAL) leadership • Q3 2016

    Question

    Gabriel Noriega of UBS asked for the key drivers behind the loan growth guidance of 8% for 2016 and 10% for 2017, particularly which loan types would grow most, and also requested an outlook for the yield on average loans.

    Answer

    President and CEO Luis Carlos Sarmiento explained that 2017 loan growth would be driven by a recovery in corporate investments post-tax reform, financing for 4G infrastructure concessions, and improved GDP growth. He also highlighted that an expected shift in monetary policy early in the year should help boost loan demand. The company's guidance section had previously addressed yields, projecting a 2017 total NIM of 5.7% to 5.8%.

    Ask Fintool Equity Research AI