16 slides from Banco Latinoamericano De Comercio Exterior's earnings presentation, Oct 29, 2025
Slide 1: 3Q25 Earnings Results
3Q25 Earnings Results OCTOBER 2025
Slide 2: Q3 Highlights: Balance Sheet Strengthening and Solid Profitability
Q3 Highlights: Balance Sheet Strengthening and Solid Profitability Commercial Book Deposits Record Commercial Portfolio and Record $10.9 Bn $6.8 Bn Total Deposits 0% QoQ | ↑ 12% YoY ↑ 6% QoQ | ↑ 21% YoY Capital Adequacy Ratio Tier 1 Basel III Capital Ratio Additional Capital to support 15.8% 18.1% Fu
Slide 3: Robust Capitalization Supports Business & Balance Sheet Expansion
Robust Capitaliza>on Supports Business & Balance Sheet Expansion Capital Capital adequacy ratio1 (Panama regulatory) Tier I ratio2 (Basel III) AT1 Perpetual Non-Call 7 18.1% 2.2% 15.8% 16.0% 15.0% Subordinated Notes 1.3% 13.7% 13.9% 1.4% 2.0% 1.5% US$200mm 8.50% 9.25% 7.500% 15.9% 12.2% 12.5% 12.5%
Slide 4: Continued profitability expansion: Net Income & ROE
Con>nued profitability Net Income & ROE expansion 9M 2025 170.9 154.4 ROE 3Q25 14.9% 55.0 Adj. ROE* 3Q25 53.0 15.1% 119.8 45.8 64.2 50.1 61.0 37.1 26.9 3Q 2Q 51.3 51.7 23.0 1Q 37.0 11.1 9M 2022 9M 2023 9M 2024 9M 2025 ROA 9M 0.9% 1.7% 1.9% 1.9% ROE 9M 8.0% 14.4% 16.4% 16.2% Adj. ROE 9M 8.0% 14.4% 16.
Slide 5: Well diversified Commercial Portfolio
Well diversified Commercial PorEolio Credit Portfolio Commercial Portfolio (Commercial Por-olio + Investments) (Loans + Con6ngencies) Loans Contingencies Investment Portfolio By Country By Industry 10,819 10,872 10,819 10,872 13% 12,182 12,286 Guatemala 12% 13% 1,363 1,414 27% 11% 12% 10,875 Fin
Slide 6: Diversified Investment Portfolio mainly in Ex-Latam countries and strong liquidity buffers
Diversified Investment Portfolio mainly in Ex-Latam countries and strong liquidity buffers Investment Portfolio Total Liquid Assets 2 Liquid Assets EOP Balances (in USD millions) 1,414 Liquid Assets / Total Assets Avg. Term to Maturity 2.0 y Investment Grade 88% 16.2% 15.0% 14.9% 15.5% 15.5% 1,918 1
Slide 7: Asset Quality, Credit Risk and Reserve Coverage
Asset Quality, Credit Risk and Reserve Coverage Impaired credits Exposure by Stages Coverage Ratio 0.16% 0.15% 0.15% 540% 506% Stage 1 $11,948M 474% 18.7 18.7 97.2% 101.5 17.0 95.1 $12.3B 80.8 0.2% 2.6% 3Q24 2Q25 3Q25 Stage 3 Stage 2 3Q24 2Q25 3Q25 $19M $320M Impaired Credits Impaired Credits to Tot
Slide 8: Consistent Deposit Growth and Diversified Deposit Base
Consistent Deposit Growth and Diversified Deposit Base Funding Sources Deposits Composition 10,423 10,372 6% 9,556 2,540 2,337 6,836 ( 24% ) ( 23% ) 6,446 2,795 ( 29% ) 2,182 Central Banks or designees 1,060 32% Class A shareholders 1,240 ( 10% ) ( 12% ) 2,360 139 1% 37% 776 197 2% ( 8%
Slide 9: Margins Stabilize at Target Levels
Margins Stabilize at Target Levels Net Interest Spread NIS Net Interest Margin NIM Rate of Interest Earning Assets Net Interest Margin ("NIM") Rate of Interest Bearing Liabilities Net Interest Income 2.55% 2.36% 2.32% 7.49% 66.6 67.7 67.4 6.69% 6.57% NIS 1.78% NIS NIS 1.70% 1.64% 5.71% 4.99% 4.9
Slide 10: Non-Interest Income
Non-Interest Income Non Interest Income Total Fees 40% 22.3 34% 19.9 7.8 15.4 14.1 19.9 10.5 89.3% 11.0 8.9 7.1 10.0 14.1 91.5% 10.5 1.9 95.8% 1.5 3.3 1.9 2.1 2.2 3Q24 2Q25 3Q25 0.9 0.1 0.3 0.2 0.4 3Q24 2Q25 3Q25 Letters of credit and guarantees Structuring Services Other income, net Gain o
Slide 11: Operational Efficiency Aligned with Annual Guidance
Opera>onal Efficiency Aligned with Annual Guidance Opex & Efficiency Ratio 27.1% 25.8% 23.1% 21.0 20.8 21.3 Efficiency Ratio Total Operating Expenses 3Q24 2Q25 3Q25 USD millions, except for % 11
Slide 12: Closing Remarks
Closing Remarks OCTOBER 2025 12
Slide 13: Progress towards scalability and Non-Interest Income generation
Progress towards scalability and Non-Interest Income genera>on Trade Platform Treasury & Capital Markets platform • First phase completed on time. • State-of-the-art platform that supports client Stabilization period to finalize by 4Q 2025 hedging in FX and rates, broadens local- currency and struct
Slide 14: Full Year Guidance
Full Year Guidance Guidance 2025 Commercial Portfolio Growth 10% 12% Average Deposit Growth 15% 17% NIM 2.30% Efficiency Ratio 27% ROE 15% 16% CET1 15% 16% 14
Slide 15: 3Q25 Earnings Results
3Q25 Earnings Results OCTOBER 2025
Slide 16: Contact
Contact IR@bladex.com www.bladex.com/en/investors Carlos Raad Chief Investor Relations Officer craad@bladex.com Panama Diego Cano VP Investor Relations dcano@bladex.com Panama 16