Bac Holding International Corp · BVC:BHI
Bac Holding International — BAC International Bank — FY2024 Earnings Presentation
20 slides from Bac Holding International's earnings presentation, 2025
Slide 1: Results BIB full year 2024
Results BIB full year 2024 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
BAC is the main banking platform in Central America G L A N C E BAC Overview Regional footprint of key operational and financial metrics (FY 2024) Diversified business portfolio by #1 BAC International is the leading Financial Group in Central America, leading in assets, type and geography with no s
Slide 4: 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(1) 53% G L A N C E Volume of payments made through BAC represents 53% of Central America GDP 2024E A T Volume of payments made through BAC 2013-2024 (US$bn) Why is this important? B A C % of Centr
Slide 5: And the largest regional group in Central America
And the largest regional group in Central America Card market share R • Largest issuer of credit cards in Central America Net loans • US $215,9 Bn Sep 2024 E • We are the only company in Central America that can acquire S merchant vouchers and issue cards across all major brands U L 25.0 11.6% 30 T
Slide 6: Central American macroeconomic trends
R E S Central American macroeconomic U L T trends S 3 Q 2 4 BAC Key Financial & Operational Metrics 2 0 2 4
Slide 7: Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits
Economic landscape of Central America: Growth, Inflation, and 7 Fiscal Deficits In 2024, average real GDP growth of countries …similarly, inflation has returned to …and fiscal consolidation has resulted in M A C R O E C O N O M I C S in BAC region are expected to surpass that of sustainable levels,
Slide 8: Results: summary 2024
Results: summary 2024 BAC Key Financial & Operational Metrics R E S Figures in US$M 2020 2021 2022 2023 2024 Δ Abs Relevant facts 24-23 U Significant growth in the last 12 months L T Gross Portfolio 17,175 18,666 20,824 23,478 26,452 12.7% S Assets Assets 26,624 28,066 31,050 34,503 37,970 10.1% Gro
Slide 9: Solid balance sheet backed by a healthy, diversified loan portfolio
Solid balance sheet backed by a healthy, diversified loan portfolio… H I G H L I G H T S Gross portfolio ($B) US$ 26.5 B YoY +12.7% Δ Abs Δ% By country CAGR +7,6% 24 vs 23 24 vs 23 26.5 Costa Rica 23.5 20.8 4.1 187 4,8% 30% 16.9 17.2 18.7 3.9 10.2 K E Y 16.2 3.3 Panamá 3.6 8.9 21% 3.3 3.4 3.5 7.5 1.
Slide 10: ...and controlled risk levels
...and controlled risk levels BAC Key Financial & Operational Metrics R E Total portfolio by stages S U 16% L 16% 13% T S 9% 10% 10% E2 2 9% 8% 8% 7% 0 4% 4% 2 4% 4% 3% 3% 4 3% 3% 3% 2% E3 jun-20 dic-20 jun-21 dic-21 jun-22 dic-22 jun-23 dic-23 jun-24 dic-24 88% 80% 80% 84% 86% 88% 89% 87% 89% 89% E
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 ($M) US$ 28.4 B YoY +9,2% Δ Abs Δ% By country CAGR +10,5% 28.4 24 vs 23 24 vs 23 26.1 23.3 11.1 Costa Rica 21.9 9.9 1222 12,3% 20.6 29% 17.2 8.5 8.6 K E Y 15.77 8.6 Panamá 24
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 3.3 CAGR: 5.1% 3.0 2.9 2.4 2.5 2.4 4.196 3.994 5.882 5.214 5.204 5.336 5.648 1.3 0.5% 0.5% 0.4% 2.0% 0.2% 1.1% 0.2% 4.0% 5.0% 5.8% 4.9% 4.8% 5.9% 6.3% K E Y 16.8% 18.2% 12.0% 14
Slide 13: BAC has strong capitalization levels above regulatory requirements
BAC has strong capitalization levels above regulatory requirements 13 H I G H L I G H T S Stable capitalization levels above minimum BAC current capitalization would allow the bank to cover Capitalization Overview A regulatory requirements. Currently, BAC has a 3.62% B phased-in requirements three y
Slide 14: Our strong results enable confident progress in our ESG strategy 'Net Positive'
Our strong results enable confident progress in our ESG strategy ‘Net Positive’ R Sustainable Financial Social Human Rights E Finance Inclusion Investment S U Triple-value financial solutions Education & Financial Health: +251k ‘Yo me Uno’ Donation Platform Diversity & Inclusion (D&I) Placement of U
Slide 15: Appendix BIB
R E S U L T S 3 Q 2 4 Appendix BIB 2 0 2 4
Slide 16: Balance sheet BIB
Balance sheet BIB BAC Key Financial & Operational Metrics R E S US$ MM 2020 2021 2022 2023 Dec24 U L Assets T S Cash and cash equivalents 709 742 769 932 936 2 Securities purchased under resale agreements 21 104 11 61 10 0 2 Total deposits in banks, net 5,152 4,368 4,424 4,343 4,702 4 Investments in
Slide 17: Income statement BIB
Income statement BIB BAC Key Financial & Operational Metrics R US$ M 2020 2021 2022 2023 Dec24 E S Deposits in banks 19 10 27 60 67 U Investments in securities 139 165 182 267 300 L Loans 1,765 1,683 1,878 2,303 2,733 T S Total interest income 1,922 1,858 2,087 2,631 3,100 Deposits from customers 51
Slide 18: Selected ratios and operating data BIB
Selected ratios and operating data BIB BAC Key Financial & Operational Metrics R E US$ M 2020 2021 2022 2023 Dec24 S U Profitability, efficiency, and growth L T Net Interest Margin (LTM) 5.8% 5.4% 5.8% 6.3% 6.3% S LTM Return on average assets 1.2% 1.7% 1.6% 1.8% 2.0% LTM Return on average equity 11.
Slide 19: Country Summary
Country Summary BAC Key Financial & Operational Metrics P E R F O R M A N C E Other & Dec 2024 Guatemala El Salvador Honduras Nicaragua Costa Rica Panama BIB & Subs Eliminations Gross Portfolio 4,768 2,733 3,932 1,626 7,806 5,778 -190 26,452 Assets 6,547 3,725 5,541 2,395 11,680 8,290 -209 37,970 De
Slide 20: Results 2024
Results 2024 BAC International Bank Inc.
BAC International Bank — FY2024 Earnings Presentation on 6ix