Bac Holding International Corp · BVC:BHI
Bac Holding International — BAC International Bank — Q1 2025 Earnings Presentation
19 slides from Bac Holding International's earnings presentation, 2025
Slide 1: Results First Quarter 2025
Results First Quarter 2025 BAC International Bank Inc.
Slide 2: Disclaimer
Disclaimer R The information contained in this presentation has been prepared with the sole purpose of BAC does not intend, nor assume any obligation, to update or revise the content of this E facilitating general knowledge of BAC International Bank Inc. (hereinafter “BAC”) and is presentation in th
Slide 3: BAC is the main banking platform in Central America
G L A N C E BAC is the main banking platform in Central America BAC Overview Regional footprint of key operational and financial metrics (march 2025) Diversified business portfolio by #1 BAC International is the leading Financial Group in Central America, leading in assets, type and geography with n
Slide 4: Leading payments platform network in Central America, providing low-cost funding
We are the leading payments platform network in Central America, providing a low-cost source of funding 52% G L A N C E Volume of payments made through BAC represents 52% of Central America GDP 2024 A T Volume of payments made through BAC 2020-2024 (US$bn) Why is this important? B A C % of Central A
Slide 5: And the largest regional group in Central America
And the largest regional group in Central America Card market share • Largest issuer of credit cards in Central America R Net loans • US $205,7 Bn March 2025 E • We are the only company in Central America that can acquire S 26.1 12,7% 132 merchant vouchers and issue cards across all major brands U L
Slide 6: Central American macroeconomic trends
R E S Central American macroeconomic U L T trends S IQ 2 0 2 5 BAC Key Financial & Operational Metrics 2 0 2 5
Slide 7: Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits
Economic landscape of Central America: Growth, Inflation, and 7 Fiscal Deficits In 2024, average real GDP growth of countries …similarly, inflation has returned to …and fiscal consolidation has resulted in M A C R O E C O N O M I C S in BAC region are expected to surpass that of sustainable levels,
Slide 8: Results: Summary IQ2025
Results: Summary IQ2025 BAC Key Financial & Operational Metrics R E S Δ Abs Relevant facts Figures in US$M 2021 2022 2023 2024 mar2024 mar2025 U 24-23 Significant growth mar24-mar25 L T Gross Portfolio S 18,666 20,824 23,478 26,452 24,244 26,985 11.3% Assets Grow 8.2% driven by a 11.3% net 2 Assets
Slide 9: Solid balance sheet backed by a healthy, diversified loan portfolio
H I G H L I G H T S Solid balance sheet backed by a healthy, diversified loan portfolio… Gross portfolio ($B) US$ 26.9 B YoY +11.3% Δ Abs Δ% By country CAGR +7,6% 25 vs 24 25 vs 24 26.4 26.5 23.5 23.5 Costa Rica 4.1 4.1 20.8 30% 18.7 3.9 3.9 10.2 1,489 13.4% 16.9 17.2 10.2 K E Y Panamá 3.3 8.9 9.2 3
Slide 10: ...and controlled risk levels
...and controlled risk levels BAC Key Financial & Operational Metrics R E Total portfolio by stages S U 15% L 16% T S 11% 12% 10% 9% 8% E2 7% IQ 7% 7% 7% 2 4% 4% 4% 4% 4% 3% 0 3% 3% 3% 2 2% 2% E3 5 mar-20 sep-20 mar-21 sep-21 mar-22 sep-22 mar-23 sep-23 mar-24 sep-24 mar-25 88% 80% 80% 84% 86% 88% 8
Slide 11: 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… H I G H L I G H T S Deposits ($M) US$ 28.8 B YoY +8,2% Δ Abs Δ% By country CAGR +10,5% 25 vs 24 25 vs 24 28.4 28.4 Costa Rica 23.3 26.0 26.1 1,439 14.0% 11.7 30% 20.6 21.9 9.9 11.1 10.3 K E Y Panamá 17.2
Slide 12: Ample liquidity
Ample liquidity … Stable liquidity from diversified sources Investment portfolio evolution H I G H L I G H T S US$mm US$mm 3.2 CAGR: 7.2% 3.0 2.9 2.4 2.5 2.4 2.3 3.994 5.882 5.214 5.204 5.336 5.648 5.341 0.5% 0.4% 2.0% 0.2% 1.1% 2.6% 6.1% K E Y 12.0% 14.8% 5.8% 5.5% 6.0% 5.8% 18.2% 14.2% 17.5% 16.6%
Slide 13: BAC has strong capitalization levels above regulatory requirements
H I G H L I G H T S BAC has strong capitalization levels above regulatory requirements 13 Stable capitalization levels above minimum BAC current capitalization would allow the bank to cover Capitalization Overview A regulatory requirements. Currently, BAC has a 3.39% B phased-in requirements three y
Slide 14: Appendix
R E S U L T S 3 Q 2 4 Appendix BIB 2 0 2 4
Slide 15: Balance sheet BIB
Balance sheet BIB BAC Key Financial & Operational Metrics R E S US$ MM 2021 2022 2023 2024 Mar25 U L Assets T S Cash and cash equivalents 742 769 932 936 764 IQ Securities purchased under resale agreements 104 11 61 10 138 2 0 Total deposits in banks, net 4,368 4,424 4,343 4,702 4,438 2 5 Investment
Slide 16: Income statement BIB
Income statement BIB BAC Key Financial & Operational Metrics R US$ M 2021 2022 2023 2024 Mar25 E S Deposits in banks 10 27 60 67 16 U Investments in securities 165 182 267 300 74 L Loans 1,683 1,878 2,303 2,733 731 T S Total interest income 1,858 2,087 2,631 3,100 821 Deposits from customers 470 459
Slide 17: Selected ratios and operating data BIB
Selected ratios and operating data BIB BAC Key Financial & Operational Metrics R E US$ M 2021 2022 2023 2024 Mar25 S U Profitability, efficiency, and growth L T Net Interest Margin (LTM) 5.4% 5.8% 6.3% 6.3% 6.3% S LTM Return on average assets 1.7% 1.6% 1.8% 2.0% 2.0% IA LTM Return on average equity
Slide 18: Country Summary
P E R F O R M A N C E Country Summary BAC Key Financial & Operational Metrics Other & March 2025 Guatemala El Salvador Honduras Nicaragua Costa Rica Panama BIB & Subs Eliminations Gross Portfolio 4,766 2,831 3,958 1,678 8,027 5,910 -185 26,985 Assets 6,568 3,798 5,512 2,442 11,873 8,384 -160 38,416
Slide 19: Results IQ2025
Results IQ2025 BAC International Bank Inc.
BAC International Bank — Q1 2025 Earnings Presentation on 6ix