Bac Holding International Corp · BVC:BHI
Bac Holding International — Q2 2026 Earnings Presentation
25 slides from Bac Holding International's earnings presentation, 2026
Slide 1: Scaled growth and proven execution
BAC International Bank Inc. Scaled growth and proven execution Financial Results IIQ26
Slide 2: Disclaimer
Disclaimer R The information contained here in has been prepared with the sole purpose of facilitating BAC does not intend, nor assume any obligation, to update or revise the content of this E general knowledge of BAC International Bank Inc. (hereinafter “BAC” or “BIB”) and is presentation in the ev
Slide 3: BAC’s Structure
BAC’s Structure R E Holding company registered in Panama S Listed in Colombian and Panamanian Stock Exchange BAC Holding International Corp. U Named “Leasing Bogotá Panamá S.A” until 2022 L Spun-off from Grupo AVAL / Banco de Bogota in 2022 T S BAC Headquarters 100% Registered in Panama BAC Internat
Slide 4: BAC is the main banking platform in Central America
BAC is the main banking platform in Central America R BAC Overview Regional footprint of key operational and financial metrics E S U #1 BAC is the leading Financial Group in Diversified business portfolio by type US$46.9 bn US$4.7 bn Central America, leading in assets, loans, and geography with no s
Slide 5: We are the leading payments platform network in Central America
We are the leading payments platform network in Central America, providing a low-cost source of funding R 55% E S Volume of payments made through BAC represents U 55% of Central America GDP 2025 Why is this important? L T S Volume of payments made through BAC 2021-2025 (US$ Bn) Entry Barrier % of Ce
Slide 6: And the largest regional group in Central America
And the largest regional group in Central America R Net loans • US $241,3 Bn IIQ26 Card market share E S U 32.1 13.3% 153 • Largest issuer of credit cards in Central America L • We are the only company in Central America that can acquire merchant T vouchers and issue cards across all major brands S
Slide 7: Multibank acquisition strengthens Panama franchise
Multibank acquisition strengthens Panama franchise R E Acquisition adds scale in Panama while preserving BAC’s regional diversification and supporting the broader credit story. S U L Strategic Benefits Credit Impact T S Stronger Panama franchise Positive rating momentum 01 BAC becomes the 3rd larges
Slide 8: Improved diversification and regional balance
Improved diversification and regional balance R Loans by product E S Assets U L Mortgage T 30% 29% 15% 12% 9% 6% S 16% Corporate 49% 36% Loans Consumer IIQ26 30% 27% 15% 12% 9% 6% Deposits by type Deposits Demand 35% 30% 29% 15% 12% 9% 6% Time Deposits 40% 25% 2 0 PAN CRI GUA HON SAL NIC 2 Savings 6
Slide 9: Key Financial & Operational Metrics
R E S Central American macroeconomic U L trends T S Key Financial & Operational Metrics IIQ26 2 0 2 6
Slide 10: Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits
Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits R In 2026, average real GDP growth of countries …similarly, inflation has returned to …and fiscal consolidation has resulted in E in BAC region are expected to surpass Latam sustainable levels, below the Latam decreasing f
Slide 11: Results: Financial Strength and Strategic Growth
Results: Financial Strength and Strategic Growth Relevant facts YoY % R US$ MM 2022 2023 2024 2025 Jun-25 Jun-26 E 25-26 S Delivered Scale and Market Expansion U Gross Portfolio 20,824 23,478 26,452 28,422 27,603 33,165 20.2% Crossing the US$46Bn asset milestone, BAC L T continues to outpace market
Slide 12: Strong underlying business performance: core net income grew 11,6% YoY
Strong underlying business performance: core net income grew 11,6% YoY R Underlying net income grew +11,6% YoY, demonstrating Improved ROE ex-FX confirms equity strength and robust E S strong operational momentum despite FX headwinds core earning power U 802 22% 900.0 20.9% L 723 13 800.0 21% 20.0%
Slide 13: Solid balance sheet backed by a healthy, diversified loan portfolio
Solid balance sheet backed by a healthy, diversified loan portfolio… R E US$ 33.2 B Gross portfolio ($B) S YoY 20.2% U By country Δ Abs Jun Δ% CAGR +11.1% L 33.2 26 vs 25 26 vs 25 T 28.4 27.6 Panamá 26.5 5.2 S 23.5 30% 18.7 20.8 4.1 4.3 4.2 1.032 24.6% Costa Rica 3.9 11.9 3.7 10.2 10.8 10.3 27% 3.6
Slide 14: ...and controlled risk levels
*Including MBK ...and controlled risk levels R Total portfolio by stages E S U L T 3.1% 2.5% 2.3% 2.4% 2.9% S 7.4% 7.3% 7.4% 8.3% S3 10.5% S2 S1 90.1% 90.3% 90.2% 88.8% 86.5% Dec-23 Dec-24 Dec-25 Jun-25 Jun-26 IIQ26 Past Due 30+ / 90+ Loan loss allowance (LLA) ratio Cost of Risk 30+/Portofolio 90+/P
Slide 15: Funding driven by a highly diversified and low-cost base
Funding driven by a highly diversified and low-cost base given the relevance of demand deposits… R Deposits ($B) E US$ 35.1 B YoY 21.4% S Δ Abs Jun Δ Jun % U By country CAGR 8.3% 35.1 26 vs 25 26 vs 25 L T Panama 28.4 30.2 28.9 26.0 S 30% 21.9 23.3 14.0 2.2 19.1% Costa Rica 11.1 11.1 11.7 8.6 9.9 29
Slide 16: Ample liquidity …
Ample liquidity … R Stable liquidity from diversified sources Investment portfolio evolution (1) E US$mm US$mm S CAGR: 4.8% 3.59 4.00 U 5,214 5,204 5,336 5,648 6,283 6,077 2.74 2.63 L 3.00 2.47 2.40 2.53 2.36 T 14.0% 2.0% 0.2% 1.1% 0.2% 0.0% 0.1% S 2.00 14.2% 14.8% 17.5% 16.6% 16.7% 14.9% 7.0% 1.00
Slide 17: US$ denominated portfolio (FVOCI) remains mainly invested in high liquidity and quality instruments
US$ denominated portfolio (FVOCI) remains mainly invested in high liquidity and quality instruments US$ Portfolio Composition by Asset Class US$ Portfolio Composition by Rating R E S U L T 3% 3% 2% 2% 1% 2% S 3% 4% 4% 3% 7% 6% 13% 15% 14% 14% 0% 6% 11% 14% 15% 21% 50% 47% 51% 57% 53% IIQ26 63% 90% 8
Slide 18: BAC has strong capitalization levels above regulatory requirements
BAC has strong capitalization levels above regulatory requirements Panamanian Regulation R E Stable capitalization levels above minimum BAC’s current capitalization would allow the bank to cover phased-in S regulatory requirements. Currently, BAC has a 2.0% requirements, remaining compliant with the
Slide 19: Our strong results enable confident progress in our ESG strategy: ‘Triple Value’
Our Ourstrong strongresults resultsenable enableconfident confidentprogress progressininour ourESG ESGstrategy: strategy:‘Triple ‘TripleValue’ Value’ R Sustainable Financial Communities E Finance Well-Being Inclusion S U Triple value financial solutions Business portfolio of US $1,531 million, and C
Slide 20: Appendix
R E S U L T S Appendix IIQ26 BIB 2 0 2 6
Slide 21: Balance sheet BIB
Balance sheet BIB R E S US$ MM 2022 2023 2024 2025 Jun-25 Jun-26 U L Assets T S Cash and cash equivalents 769 932 936 1,051 847 904 Securities purchased under resale agreements 11 61 10 3 95 4 Total deposits in banks, net 4,424 4,343 4,702 5,229 4,307 5,169 Investments in securities, net 4,190 4,549
Slide 22: Income statement BIB
Income statement BIB R US$ M 2022 2023 2024 2025 Jun-25 Jun-26 E Deposits in banks 27 60 67 64 32 37 S U Investments in securities 182 267 300 291 147 163 L Loans 1,878 2,304 2,733 3,049 1,491 1,562 T Total interest income 2,087 2,631 3,100 3,404 1,669 1,762 S Deposits from customers 459 614 791 899
Slide 23: Selected ratios and operating data BIB
Selected ratios and operating data BIB R 2022 2023 2024 2025 Jun-25 Jun-26 E S Profitability. efficiency. and growth U Net Interest Margin (LTM) (1) 5.8% 6.3% 6.3% 6.3% 6.2% 6.2% L T LTM Return on average assets 1.6% 1.8% 2.0% 2.0% 1.9% 1.8% S LTM Return on average equity 16.4% 18.5% 19.5% 19.3% 18.
Slide 24: Country Summary
Country Summary Other & Guatemala El Salvador Honduras Nicaragua Costa Rica Panama BIB & Subs R Eliminations E Gross Portfolio (1) 5,128 3,084 4,113 1,966 8,905 10,341 (371) 33,165 S U Assets 7,091 4,149 5,715 2,951 13,574 13,930 (506) 46,903 L Deposits 5,160 3,362 4,116 2,096 10,184 10,235 (98) 35,
Slide 25: Scaled growth and proven execution
BAC International Bank Inc. Scaled growth and proven execution Financial Results IIQ26
BAC Holding International — Q2 2026 Earnings Presentation on 6ix