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EQUITY ATTRIBUTABLE TO OWNERS OF THE PARENT (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of classes of share capital [abstract] |
Schedule of authorized, issued and outstanding shares | Authorized, issued and outstanding shares as of December 31, 2024 and 2023 consisted of the following: ​
​ | ​ | ​ | ​ | ​ | ​
​ | December 31, 2024 | ​ | December 31, 2023
Authorized shares |  | 120,000,000,000 | ​ |  | 120,000,000,000
Subscribed fully paid shares |  | 23,743,475,754 | ​ |  | 23,743,475,754
Total outstanding shares |  | 23,743,475,754 | ​ |  | 23,743,475,754
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​
The outstanding shares are as follows: | December 31, 2024 | ​ | December 31, 2023
Common voting shares (1) |  | 16,201,212,499 | ​ |  | 16,201,712,499
Preferred non-voting shares (2) |  | 7,542,263,255 | ​ |  | 7,541,763,255
​ | ​ | 23,743,475,754 | ​ | ​ | 23,743,475,754
(1) Common Voting shares with a nominal value of (Ps. 1) Colombian peso. (2) Since 2011, Grupo Aval, upon prior request, allows its shareholders to convert their common shares into preferred shares. For the years ended December 31, 2024 and 2023, 500,000 and 2,433,481 common shares were converted into preferred shares, respectively. Preferred shares have the right to receive a preferential minimum dividend of one Colombian peso (Ps. 1) per semester per share. This preferential minimum dividend is only applicable when dividends declared for common shares are less than one Colombian peso (Ps. 1). Preferential minimum dividends are not cumulative. ​
Schedule of appropriation of retained earnings | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023
Retained earnings |  | Ps. | 807,629 | ​ | Ps. | 525,153
Accumulated withholding tax over dividends | ​ | ​ | (30,145) | ​ | ​ | (26,135)
Legal reserve |  | ​ | 11,872 | ​ | ​ | 11,872
Statutory and voluntary reserves |  | ​ | 7,374,078 | ​ | ​ | 7,220,883
​ |  | Ps. | 8,163,434 | ​ | Ps. | 7,731,773
Schedule of the dividends are declared and paid to shareholders based on unconsolidated net income under Colombian IFRS (NCIF) | The dividends are declared and paid to shareholders based on unconsolidated net income under Colombian IFRS (NCIF), the dividends declared were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023 | ​ | December 31, 2022 | ​ | December 31, 2021
Net income for the periods ended in | ​ | Ps. | 723,038 | ​ | Ps. | 2,541,179 | ​ | Ps. | 3,502,758
Declared dividends |  | ​ | In the general assembly held in March 2024, a cash profit of Ps. 2.00 per share per month during the months of April 2024 to March 2025, both months included over 23,743,475,754 shares subscribed and paid as of the date of this meeting. | ​ | ​ | In the general assembly held in March 2023, a cash profit of Ps. 3.60 per share per month during the months of April 2023 to March 2024, both months included over 23,743,475,754 shares subscribed and paid as of the date of this meeting. | ​ | ​ | In the general assembly held in March 2022, A stock dividend at the rate of $54 per share on the 22,281,017,159 common and preferred shares outstanding as of December 31, 2021. These dividends will be paid in shares, at the rate of 1 share for every 13.72333 common or preferred shares, as of December 31, 2021. The payment of the shares will be made on May 31, 2022, to whoever is entitled to it at the time the payment becomes due in accordance with current regulations. For this purpose, up to a total of 1,623,586,385 new shares of the same species held by the shareholder will be issued. The unit value of the shares will be 741.06.
Total outstanding shares |  | ​ | 23,743,475,754 | ​ | ​ | 23,743,475,754 | ​ | ​ | 22,281,017,159
Total declared dividends (*) |  | Ps. | 569,843 | ​ | Ps. | 1,025,718 | ​ | Ps. | 1,203,175
(*) See Consolidated Statement of Changes in Equity for dividends distribution.
Schedule of earnings per share | The following table summarizes the earnings per share for the year ended as of December 31, 2024, 2023 and 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023 | ​ | December 31, 2022
Net income for the year |  | Ps. | 2,191,477 | ​ | Ps. | 2,177,116 | ​ | Ps. | 4,869,133
Less: participation of non- controlling interests | ​ | ​ | (1,176,390) | ​ | ​ | (1,438,113) | ​ | ​ | (2,386,248)
Net income attributable to owners of the parent | ​ | Ps. | 1,015,087 | ​ | Ps. | 739,003 | ​ | Ps. | 2,482,885
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: preferred dividends declared | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Less: Allocation of undistributed earnings to preferred stockholders (1)(2) | ​ | ​ | (322,436) | ​ | ​ | (234,727) | ​ | ​ | (791,989)
Net Income allocated to common shareholders for basic and diluted EPS |  | Ps. | 692,651 | ​ | Ps. | 504,276 | ​ | Ps. | 1,690,896
Weighted average number of common shares outstanding used in basic EPS calculation (2) | ​ | ​ | 16,201,502,910 | ​ | ​ | 16,202,376,163 | ​ | ​ | 15,760,496,801
Basic and Diluted earnings per share to common shareholders (in Colombian pesos) | ​ | ​ | 42.75 | ​ | ​ | 31.12 | ​ | ​ | 107.29
Basic and Diluted earnings per ADS (3) (in Colombian pesos) | ​ | ​ | 855.05 | ​ | ​ | 622.47 | ​ | ​ | 2,145.74
Weighted average of the common and preferred shares used in the calculation of earnings per basic share (common and preferred) | ​ | ​ | 23,743,475,754 | ​ | ​ | 23,743,475,754 | ​ | ​ | 23,142,465,372
Basic earnings of the owners of the parent per share in Colombian pesos | ​ | ​ | 42.75 | ​ | ​ | 31.12 | ​ | ​ | 107.29
(1) | Based on a weighted average of preferred shares.
(2) | Averages based on an end of month number of preferred or common shares.
(3) | Each ADS represents 20 preferred shares.
​ The following table summarizes earnings per share over net income from continuing operations for the years ended December 31, 2024, 2023 and 2022.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023 | ​ | December 31, 2022
Net income from continuing operations |  | Ps. | 2,191,477 | ​ | Ps. | 2,177,116 | ​ | Ps. | 4,002,967
Less: participation of non- controlling interests | ​ | ​ | (1,176,390) | ​ | ​ | (1,438,113) | ​ | ​ | (2,114,072)
Net income attributable to owners of the parent | ​ | Ps. | 1,015,087 | ​ | Ps. | 739,003 | ​ | Ps. | 1,888,895
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: preferred dividends declared | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Less: Allocation of undistributed earnings to preferred stockholders (1)(2) | ​ | ​ | (322,436) | ​ | ​ | (234,727) | ​ | ​ | (602,519)
Net Income allocated to common shareholders for basic and diluted EPS |  | Ps. | 692,651 | ​ | Ps. | 504,276 | ​ | Ps. | 1,286,376
Weighted average number of common shares outstanding used in basic EPS calculation (2) | ​ | ​ | 16,201,502,910 | ​ | ​ | 16,202,376,163 | ​ | ​ | 15,760,496,801
Basic and Diluted earnings per share to common shareholders (in Colombian pesos) | ​ | ​ | 42.75 | ​ | ​ | 31.12 | ​ | ​ | 81.62
Basic and Diluted earnings per ADS (3) (in Colombian pesos) | ​ | ​ | 855.05 | ​ | ​ | 622.47 | ​ | ​ | 1,632.41
Weighted average of the common and preferred shares used in the calculation of earnings per basic share (common and preferred) | ​ | ​ | 23,743,475,754 | ​ | ​ | 23,743,475,754 | ​ | ​ | 23,142,465,372
Basic earnings of the owners of the parent per share in Colombian pesos | ​ | ​ | 42.75 | ​ | ​ | 31.12 | ​ | ​ | 81.62
(1) | Based on a weighted average of preferred shares.
(2) | Averages based on an end of month number of preferred or common shares.
(3) | Each ADS represents 20 preferred shares.
​ The following table summarizes earnings per share over net income from discontinued operations for the years ended December 31, 2024, 2023 and 2022.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2024 | ​ | December 31, 2023 | ​ | December 31, 2022
Net income from continuing operations |  | Ps. | — | ​ | Ps. | — | ​ | Ps. | 866,166
Less: participation of non- controlling interests | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (272,176)
Net income attributable to owners of the parent | ​ | Ps. | — | ​ | Ps. | — | ​ | Ps. | 593,990
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: preferred dividends declared | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Less: Allocation of undistributed earnings to preferred stockholders (1)(2) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (189,470)
Net Income allocated to common shareholders for basic and diluted EPS |  | Ps. | — | ​ | Ps. | — | ​ | Ps. | 404,520
Weighted average number of common shares outstanding used in basic EPS calculation (2) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 15,760,496,801
Basic and Diluted earnings per share to common shareholders (in Colombian pesos) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 25.67
Basic and Diluted earnings per ADS (3) (in Colombian pesos) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 513.33
Weighted average of the common and preferred shares used in the calculation of earnings per basic share (common and preferred) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 23,142,465,372
Basic earnings of the owners of the parent per share in Colombian pesos | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 25.67
(1) | Based on a weighted average of preferred shares.
(2) | Averages based on an end of month number of preferred or common shares.
(3) | Each ADS represents 20 preferred shares.
Schedule of components of accumulated other comprehensive income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Net gain (loss) on hedges of net investment in foreign operations | ​ | Cash flow hedges | ​ | Foreign currency translation differences from unhedged foreign operations | ​ | Transfer from owner-occupied property to investment property | ​ | Unrealized (losses) gains on securities at FVOCI | ​ | Unrealized gains (losses) on equity securities at FVOCI | ​ | Investments in associates and joint ventures | ​ | Actuarial (losses) gains from defined benefit pension plans | ​ | Income tax expense | ​ | Total comprehensive income, net of taxes
Balance at January 1, 2022 | ​ | Ps. | 235,032 | ​ | Ps. | 7,938 | ​ | Ps. | (1,067,581) | ​ | Ps. | 19,020 | ​ | Ps. | (785,731) | ​ | Ps. | 805,538 | ​ | Ps. | 114,498 | ​ | Ps. | (123,489) | ​ | Ps. | 2,968,725 | ​ | Ps. | 2,173,950
Current-period change | ​ | ​ | (266,716) | ​ | ​ | (2,396) | ​ | ​ | 90,619 | ​ | ​ | 461 | ​ | ​ | (2,088,548) | ​ | ​ | (439,150) | ​ | ​ | 66,366 | ​ | ​ | 95,819 | ​ | ​ | 809,995 | ​ | ​ | (1,733,550)
Realization of OCI to P&L of discontinued operation (1) | ​ | ​ | 192,707 | ​ | ​ | — | ​ | ​ | 1,265,594 | ​ | ​ | — | ​ | ​ | (98,947) | ​ | ​ | — | ​ | ​ | 15,364 | ​ | ​ | — | ​ | ​ | (2,804,043) | ​ | ​ | (1,429,325)
Balance at December 31, 2022 |  | Ps. | 161,023 | ​ | Ps. | 5,542 | ​ | Ps. | 288,632 | ​ | Ps. | 19,481 | ​ | Ps. | (2,973,226) | ​ | Ps. | 366,388 | ​ | Ps. | 196,228 | ​ | Ps. | (27,670) | ​ | Ps. | 974,677 | ​ | Ps. | (988,925)
Current-period change |  | ​ | (36,517) | ​ | ​ | (47,793) | ​ | ​ | (409,671) | ​ | ​ | 557 | ​ | ​ | 1,898,441 | ​ | ​ | 151,517 | ​ | ​ | (35,892) | ​ | ​ | (51,763) | ​ | ​ | (813,708) | ​ | ​ | 655,171
Realization of OCI | ​ | ​ | — | ​ | ​ | 11,870 | ​ | ​ | — | ​ | ​ | (2,520) | ​ | ​ | (102,775) | ​ | ​ | 4,866 | ​ | ​ | — | ​ | ​ | (4,561) | ​ | ​ | 476 | ​ | ​ | (92,644)
Balance at December 31, 2023 |  | Ps. | 124,506 | ​ | Ps. | (30,381) | ​ | Ps. | (121,039) | ​ | Ps. | 17,518 | ​ | Ps. | (1,177,560) | ​ | Ps. | 522,771 | ​ | Ps. | 160,336 | ​ | Ps. | (83,994) | ​ | Ps. | 161,445 | ​ | Ps. | (426,398)
Current-period change |  | ​ | 14,706 | ​ | ​ | 57,474 | ​ | ​ | 247,019 | ​ | ​ | 16,935 | ​ | ​ | 12,911 | ​ | ​ | 302,346 | ​ | ​ | 15,329 | ​ | ​ | (39,312) | ​ | ​ | 232,822 | ​ | ​ | 860,230
Realization of OCI | ​ | ​ | — | ​ | ​ | (2,393) | ​ | ​ | — | ​ | ​ | (194) | ​ | ​ | (125,603) | ​ | ​ | (849) | ​ | ​ | — | ​ | ​ | 21,573 | ​ | ​ | (6,631) | ​ | ​ | (114,097)
Balance at December 31, 2024 |  | Ps. | 139,212 | ​ | Ps. | 24,700 | ​ | Ps. | 125,980 | ​ | Ps. | 34,259 | ​ | Ps. | (1,290,252) | ​ | Ps. | 824,268 | ​ | Ps. | 175,665 | ​ | Ps. | (101,733) | ​ | Ps. | 387,636 | ​ | Ps. | 319,735
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Owners of the parent | ​ | Non -controlling interest | ​ | Total comprehensive income, net of taxes
Balance at January 1, 2022 |  | Ps. | 1,117,182 | ​ | Ps. | 1,056,768 |  | Ps. | 2,173,950
Current-period change |  | ​ | (1,280,568) | ​ | ​ | (452,982) |  | ​ | (1,733,550)
Realization of OCI to P&L of discontinued operation (1) | ​ | ​ | (983,179) | ​ | ​ | (446,146) | ​ | ​ | (1,429,325)
Balance at December 31, 2022 |  | Ps. | (1,146,565) | ​ | Ps. | 157,640 |  | Ps. | (988,925)
Current-period change |  | ​ | 661,618 | ​ | ​ | (6,447) |  | ​ | 655,171
Realization of OCI | ​ | ​ | (59,272) | ​ | ​ | (33,372) | ​ | ​ | (92,644)
Balance at December 31, 2023 |  | Ps. | (544,219) | ​ | Ps. | 117,821 |  | Ps. | (426,398)
Current-period change |  | ​ | 364,879 | ​ | ​ | 495,351 |  | ​ | 860,230
Realization of OCI | ​ | ​ | (64,643) | ​ | ​ | (49,454) | ​ | ​ | (114,097)
Balance at December 31, 2024 |  | Ps. | (243,983) | ​ | Ps. | 563,718 |  | Ps. | 319,735
V (1) See note 1.1., "Discontinued operation of BAC Holding".

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