May 6 (Reuters) - Colombian financial conglomerate Grupo

Aval on Tuesday reported a first-quarter net profit

that more than tripled from the same period a year earlier,

landing at 361.5 billion pesos ($84 million), even as its income

shrunk.

The firm's interest income for the first three months of

2025 fell 9% compared a year earlier to settle at 6.59 trillion

pesos.

Grupo Aval, whose portfolio includes Colombian lenders Banco

de Bogota, Banco de Occidente and pension fund

Porvenir, said its cost of risk shrunk by 87 basis points from

the same quarter last year to land at 2.0%.

($1 = 4,283.62 Colombian pesos)