Banco Itau Chile · BCS:ITAUCL
Banco Itau Chile — Itaú Chile — Q1 2026 Earnings Presentation
19 slides from Banco Itau Chile's earnings presentation, May 7, 2026
Slide 1: 1Q 2026 Results Conference Call
ItaúChile 1Q 2026 Results Conference Call May 7, 2026 ITAUCL ir.itau.cl /Itaú Chile /itauchile @itauchile
Slide 2: 1Q26 Key Highlights
ItaúChile 1Q26 Results | Conference Call 1Q26 | Key Highlights Solid loans and deposits growth in Chile, despite challenging macroeconomic environment. Challenging results in Chile, pressured mainly by lower operating income in a volatile environment. Upgrade to A- by S&P, in addition to diversifica
Slide 3: Macroeconomic Backdrop and Outlook
ItaúChile 1Q26 Results | Conference Call 1Q26 | Macroeconomic Backdrop and Outlook Inflationand Monetary Policy Rate (MPR) Exchange Rate Annual variation. % & period average % CLP/USD Outlook 963 Outlook 955 5.0% 5.0% 932 929 The Chilean peso 4.8% 4.7% 907 depreciated 4.5% 4.5% 4.5% 880 sharply towa
Slide 4: Macroeconomic Backdrop and Outlook
ItaúChile 1Q26 Results | Conference Call 1Q26 | Macroeconomic Backdrop and Outlook Inflationand Monetary Policy Rate (MPR) Exchange Rate Annual variation. % & period average % COP/USD Outlook Outlook 4,204 4,085 COP supported 3,937 12.5% 11.0% by high interest 9.5% 9.3% 9.3% 9.3% 9.9% 3,777 rates an
Slide 5: Best Place to Work in Chile
ItaúChile 1Q26 Results | Conference Call Highlights Sustainability Leadership in ESG. Itaú Chile is a constituent in: Culture 2026 DJ BiC* 2026 DJ BiC* MILA We are the Pacific Alliance Chile 1 Best Place *Dow Jones Best-in-Class Indices (DJ BiC) to Work in Chile Among companies with +1.000 employees
Slide 6: Hecho contigo
ItaúChile 1Q26 Results | Conference Call Brand Sponsoring major sports events Hecho con cada paso. Hecho contigo. We want to be present in our clients’ lives Hecho contigo campaign 6
Slide 7: 1st sustainable bond in Chile
ItaúChile 1Q26 Results | Conference Call Itau Corporate Strategic partner advising on major public infrastructure projects Debt 1st sustainable bond in Chile Capital US$ 300 mm US$ 500 mm US$ 500 mm US$ 680 mm US$ 680 mm Markets Local Market Local Market Local Market Local Market Local Market Bonds
Slide 8: 1Q26 Loan Portfolio
ItaúChile 1Q26 Results | Conference Call 1Q26 | Loan Portfolio 1.9% 1Q’26 vs. 4Q’ 25 Well positioned to sustain loan Loan Growth 12-month growth (%) 1.3% 1Q’26 vs. 4Q’25 growth across all segments despite a challenging macro backdrop in 1Q26 7.3% 3.6% Commercial Consumer Mortgage Outperformed the Wi
Slide 9: Funding and AuM; Upgrade in International Credit Risk Rating
ItaúChile 1Q26 Results | Conference Call 1Q26 | Funding and AuM Upgrade in Volume Growth International 12-month % Credit Risk Rating System Sustainability in results, solidity in capital, and discipline in execution A- Total 15.5% 6.9% Demand Deposits Individuals 7.5% 6.6% 5.8% 1Q’26 vs. 4Q’25 Diver
Slide 10: Summary of main performance indicators
ItaúChile 1Q26 Results | Conference Call 1Q26 | Summary of main performance indicators 1Q’26 vs. 1Q’25 In Ch$ billion Credit Cost of Portfolio 29.8 trillion 24.6 trillion Credit 75.4 57.9 ▲8.9% ▲ 7.3 % ▲ -0.3% ▼ 0.8% Financial Recurring Margin with 317.5 245.7 Net Income 76.7 71.5 clients ▼ -4.7 % ▼
Slide 11: Financial margin with Clients
ItaúChile 1Q26 Results | Conference Call 1Q26 | Financial margin with Clients Financial margin with Clients In Ch$ billion -5.4% -5.6% Decrease of 5.6% due to 259.7 262.6 259.6 260.3 245.7 • Fewer accrual days during the 1Q26 vs. 4Q25 period • Lower average loan portfolio during 1Q26 • Partially off
Slide 12: Financial margin with the Market
ItaúChile 1Q26 Results | Conference Call 1Q26 | Financial margin with the Market Quarterly evolution 14.7 In Ch$ billion 11.5 7.7 Increased global uncertainty drove 6.8 0.8 28.1 26.5 market volatility, impacting Trading’s performance during 4.2 the period 0.2 1Q’25 2Q’25 3Q’25 4Q’25 1Q’26 -8.9 Finan
Slide 13: Commissions and fees
ItaúChile 1Q26 Results | Conference Call 1Q26 | Commissions and fees In Ch$ billion 1Q26 4Q25 ∆ 1Q25 ∆ Lower commissions mainly Insurance Brokerage 9.1 12.8 -28.4% 8.4 8.1% due to 4Q’25 one offs and Credit Operations and Guarantees Provided 10.8 12.2 -12.1% 10.6 1.7% seasonality effect Current Accou
Slide 14: Cost of Credit
ItaúChile 1Q26 Results | Conference Call 1Q26 | Cost of Credit Cost of credit In Ch$ billion 2,4 150.000 1.0% 1.1% 1.0% 1.1% 1.0% 2,0 1,6 Structural improvement driving lower Cost of Credit 130.000 1,2 110.000 0,8 and NPLs despite the 0,4 65.8 65.3 57.9 90.000 70.000 58.4 61.3 0,0 macroeconomic cont
Slide 15: Non-interest expenses
ItaúChile 1Q26 Results | Conference Call 1Q26 | Non-interest expenses In Ch$ billion 1Q26 4Q25 ∆ 1Q25 ∆ Personnel 66.7 67.6 1.4% 62.9 -5.9% Strict cost control led to a minor increase in non-interest Administrative 51.8 55. 8 7.1% 56.4 8.2% expenses vs. 1Q’25 Total Personnel and Administrative 118.5
Slide 16: Colombia
ItaúChile 1Q26 Results | Conference Call 1Q26 | Colombia Our Transformation Plan continues underway… …while showing higher Financial Margin… Branches and Headcount Financial Margin In Ch$ billion 2,162 2.200 80 79.3 81.9 79.8 81.3 2,048 90.000 71.2 78 2,006 2.100 - 76 4.1 6.6 5.8 2.000 72 74 70.000
Slide 17: Capital & Dividends
ItaúChile 1Q26 Results | Conference Call 1Q26 | Capital & Dividends CET1 Capital Ratio Dividends and Dividend Yield Information of Itaú Chile and peers as of Mar′26 In Ch$ and % 5.0% 12.0% 60% dividend 4.2% 23,979 payout 10.9% approved by 2026 AGM, with 11.0% CET1 expected to 10.7% 12,330 decrease t
Slide 18: Guidance 2026
ItaúChile 1Q26 Results | Conference Call Guidance 2026 Expected Guidance 2026 As of Mar’26 FY’26 revised Loan Growth Between 6% – 8% On track Unchanged Financial Margin with Clients Between 3.3% – 3.5% On track Unchanged (Average rate) Commissions and Fees Between 13% – 15% Below guidance Between 12
Slide 19: 1Q 2026 Results Q&A
ItaúChile 1Q 2026 Results Conference Call Q&A ITAUCL ir.itau.cl /Itaú Chile /itauchile @itauchile