Banco De Credito E Inversiones · BCS:BCI
Banco De Credito E Inversiones — Q3 2025 Earnings Presentation
31 slides from Banco De Credito E Inversiones's earnings presentation, November 2025
Slide 1: 3Q 2025
3Q 2025 This presentation includes references to certain non-GAAP measures. We believe these non-GAAP measures provide useful information to both management and investors. These non-GAAP measures should not be considered in isolation or as a substitute for measures of performance prepared in accorda
Slide 2: Contents: Macro Overview
Macro Overview Contents. Financial Results City National Bank of Florida 2
Slide 3: US GDP grew 3.8% in Q2 due to resilient domestic demand
US GDP grew 3.8% in Q2 due a still resilient domestic demand. Florida’s economic performance is slightly outpacing the national average US & Florida. GDP Growth by Quarter US & Florida. Unemployment Rate (annualized QoQ, %) (%) Source: BEA, BLS, Bci Research 3
Slide 4: Tariffs have had a mild impact on inflation; Fed expected to cut rates
Tariffs, to date, have had a mild impact on inflation. Fed is expected to cut rates at a faster pace, in line with a weaker labor market US. Fed Funds Rate US. Total & Core CPI (%) (YoY, %) US. Yield Curve 3Q25 vs 2Q25 (%) Source: BEA, BLS, Federal Reserve, Bci Research 4
Slide 5: Peru's economic activity has remained resilient
Peru’s economic activity has maintained resilient and monetary policy rate is close to its neutral level Peru. Inflation and MPR (%) Peru. GDP Growth by Quarter and Forecast (YoY, %) Peru. Yield Curve 3Q25 vs 2Q25 (%) Source: BCRP, Bloomberg, Bci Research 5
Slide 6: In Chile, economic activity has shown higher dynamism than expected
In Chile, economic activity has shown higher dynamism than expected. Nevertheless, labor market is still weak Chile. Quarterly GDP Growth and Forecast Chile. Labor Market (YoY, %) (%) Source: Central Bank of Chile, INE, Bci Research 6
Slide 7: CPI is expected to reach the Central Bank's target in 2026
CPI is expected to reach the Central Bank’s target at 2026 Chile. Monetary Policy Rate & Projections (%) Chile. CPI, Components and Perspectives (YoY, %) Chile. Yield Curve 3Q25 vs 2Q25 (%) Source: Central Bank of Chile, INE, Bci Research 7
Slide 8: Contents: Financial Results
Macro Overview Contents. Financial Results City National Bank of Florida 8
Slide 9: Executive Summary
Executive Summary Consolidated Operations We achieved a record Net Income for the first nine months of the year, amounting to USD 797.3 million, driven by the successful advancement towards our strategic initiatives. Key Metric Balance Sheet Key (9M YoY Comparison) Composition Initiatives ● Loan Por
Slide 10: Financial Results 3Q 2025
Financial Results 3Q 2025 Consolidated Operations Note: Figures are converted to US$ using an FX of 962.39 (October 1st 2025) 10
Slide 11: Local Operation
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Slide 12: Loan growth driven by mortgage & commercial loans
Loan growth driven by mortgage & commercial loans Local Operations Total loans (US$mm) Commercial & Interbank loans (US$mm) CAGR CAGR Financial System Consumer lending loans (US$mm) Mortgage loans (US$mm) CAGR CAGR Source: Financial Market Commission (CMF) as of September 2025 Note: Figures are conv
Slide 13: Evolution of NIM and Fees
Local Evolution of NIM and Fees Operations NIM (%) Net Fees (US$mm) NIM: calculated as the average of the last 7 months for interest-earning assets. Interest-earning assets include total loans, trading portfolio financial assets, investments under agreements to resell, financial investments availabl
Slide 14: Operating Expenses
Operating Expenses Local Operations Local Efficiency Ratio Operating Expenses YoY as of September 2025 as of september 2025 Expenses Breakdown Operating Expenses YoY as of September 2025 Third quarter 2025 Efficiency ratio as calculated by the CMF (operating expenses excluding other operating expens
Slide 15: Sound Liquidity and Capital Ratios
Sound Liquidity and Capital Ratios Liabilities Breakdown (Local) BIS Ratio Basel III (Consolidated) Capital Ratios (Consolidated) CET1 decreased by 46 bps YoY, reaching 11.20% as of Sep-25, mainly due to higher regulatory deductions and the increase in Risk-Weighted Assets (RWA) in line with busines
Slide 16: Trend of Risk Indicators: Total loans
Trend of Risk Indicators Local Operations Total loans Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú **LLP = Loan loss provisions 16 Figures are converted to US$ using an FX of 962.39 (October 1st 2025)
Slide 17: Trend of Risk Indicators: Commercial loans
Trend of Risk Indicators Local Operations Commercial loans Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú * LLP = Loan loss provisions 17 Figures are converted to US$ using an FX of 962.39 (October 1st 2025)
Slide 18: Trend of Risk Indicators: Mortgage loans
Trend of Risk Indicators Local Operations Mortgage loans Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú 18 Figures are converted to US$ using an FX of 962.39 (October 1st 2025) * LLP = Loan loss provisions
Slide 19: Trend of Risk Indicators: Consumer loans
Trend of Risk Indicators Local Operations Consumer loans Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú * LLP = Loan loss provisions 19 Figures are converted to US$ using an FX of 962.39 (October 1st 2025)
Slide 20: City National Bank of Florida
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Slide 21: In 2025 we continued to expand NIM and maintain strong liquidity
In 2025, we have continued to expand our NIM, maintain a strong liquidity position, improve our capital ratios and our CRE portfolio remains well managed Client Deposits Liquidity NIM Profitability Capital CRE Client deposits have Earnings Our CET 1 ratio Our commercial We maintained Both our net in
Slide 22: Client deposits have grown more than 2x the industry
While total deposits in the banking industry have increased this year (includes brokered), our client deposits have grown significantly more, outpacing the industry by more than 2x Total Deposits ($MM) Banking Industry - Total Deposits ($B) +$634 +$1,095 (+4%) (+5%) $18.273 $18.418 $21,529 $21,955 Y
Slide 23: Total loans have grown ~$1.4B YTD with strong asset quality
Total loans have grown ~$1.4B (7.6%) YTD while maintaining strong asset quality & expanding capital ratios Total Assets ($MM) Total Loans & Leases ($MM) +$1,291 Non-owner +$1,385 occupied CRE (+5%) (+8%) represents 48% $27.039 $27.771 $18.928 $19.583 of total portfolio $26.480 $18.198 Dec-24 Jun-25
Slide 24: CRE loans well diversified with low LTVs
CRE loans are well diversified across various property types with low LTVs (47%), excellent asset quality and ACL ratios CRE by Property Type % % Full & On BS Commitment % Balance % % of WAvg % Accr Non- % In Partial Reserve Property Type ($M) Total ($M) Total RBC LTV % 30+ DPD Accrual Florida Recou
Slide 25: Net income after taxes grew ~3% QoQ and 344% YoY
Net income after taxes grew ~3% QoQ and 344% YoY Q3 Q4 Q2 Q3 $ Var % Var YTD YTD % Var INCOME STATEMENT ($ millions) $ Var YoY 2024 2024 2025 2025 QoQ QoQ 2024 2025 YoY (+) Net Interest Income $132.4 $149.3 $167.4 $176.1 $8.7 5.2% $369.4 $504.5 $135.1 36.6% (+) Non-Interest Income $28.4 $25.6 $31.3
Slide 26: Net income growth driven by higher net interest income
Net income after taxes grew 3% ($2MM) QoQ and 344% ($147MM) YoY primarily driven by higher net interest income QoQ net income comparison: Q2-25 vs. Q3-25 ($MM) YoY net income comparison: YTD September 2024 vs. 2025 ($MM) +$2 +$147 (3%) (344%) $2 ($7) $68 ($49) $66 $9 ($2) $69 $0 $189 NIM $9 ($27) ex
Slide 27: Net interest income and margin increased for seventh consecutive quarter
Both our net interest income and margin increased for the seventh consecutive quarter: In Q3-2025, our NIM expanded 7bps Net interest income ($MM) Net Interest Margin (%) +$6 +$9 +83bps +$12 +$17 (+4%) (+5%) +0.18 +0.04 +0.07 (+8%) +$13 (+13%) $176 +0.26 $167 +0.16 2,59 2,66 +$2 (+11%) $161 2.55 +$4
Slide 28: Earnings continue in an upward trajectory
Earnings continue in an upward trajectory Quarterly normalized net income after taxes and ROE ($MM, %) Normalized ROE (%) Normalized net income after taxes ($) Net income is being normalized primarily for a one-time gain on the sale of the drive-thru location as well as one-time +7% expenses related
Slide 29: Project WIN: delivering profitable and diversified growth
Although we have just started our 5-year Project WIN journey, we are already delivering profitable and diversified growth Key Objectives YTD Sep 2025 Accomplishments Increased client deposits growing by 10% (annualized) doubling the 5% from 1 Moderate Growth / Diversification the industry. Loans gro
Slide 30: 3Q25 Closing Remarks
3Q25 Closing Remarks ● Consolidated Results: We achieved USD 797 million in net income for the first nine months of 2025, +21.6% increase compared to the same 9M of last year. ● YTD Income Drivers: Our results are supported by a 8.6% expansion of the financial margin, strong 17.9% YoY growth in net
Slide 31: Thank you
Thank you. This presentation contains forward-looking statements in various places throughout therein, related to, without limitation, our future business development. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “believe”, “expect”, “pla
Banco de Crédito e Inversiones (Bci) — Q3 2025 Earnings Presentation on 6ix