Banco Latinoamericano De Comercio Exterior, S.a. · NYSE:BLX
Banco Latinoamericano De Comercio Exterior — Q3 2026 Earnings Presentation
13 slides from Banco Latinoamericano De Comercio Exterior's earnings presentation, October 2026
Slide 1: Third Quarter 2026 Earnings Results
Third Quarter 2026 Earnings Results
Slide 2: Key Results: Solid Performance in 3Q26
Key Results: Solid Performance in 3Q26 Commercial Book Average Deposits Record Commercial Portfolio and Average $15.0 Bn $7.7 Bn Deposit Base ↑ 15% QoQ | ↑ 38% YoY ↑ 6% QoQ | ↑ 22% YoY Impaired Credits to NIM Credit Portfolio Steady Margins and healthy Asset Quality 2.30% 0.4% ↑ 6 Bps QoQ | ↓ 2 Bps
Slide 3: Continued Profitability Expansion
Continued Profitability Expansion Net Income, ROA & ROE 9M 2026 186.0 170.9 154.4 Adj. ROE * 63.2 3Q26 55.0 15.0% 119.8 53.0 45.8 66.5 64.2 50.1 37.1 3Q 2Q 51.3 51.7 56.4 1Q 37.0 9M 2023 9M 2024 9M 2025 9M 2026 ROA 9M 1.7% 1.9% 1.9% 1.9% Adj. ROE 9M * 14.4% 16.4% 16.3% 15.2% 3 (*) net profit - AT1 d
Slide 4: Record Commercial Portfolio Remain Well Diversified
Record Commercial Portfolio Remain Well Diversified Commercial Portfolio Commercial Portfolio by Country (Loans +Commercial Bonds Portfolio + Contingencies) Panama 17% Guatemala 11% +15% Colombia 11% Brazil 9% 14,976 3Q26 Mexico 8% 1,002 QoQ +7% Dominican Republic 8% 13,029 Ex. Panama Tx 14,976 Non
Slide 5: Strong Asset Quality, Low Credit Risk and Ample Reserve Coverage
Strong Asset Exposure by Stages Quality, Low Credit Risk and Ample Reserve Stage 2 Coverage $ 82 M Stage 1 0.4% 0.5% $ 16.4 Bn 99.1% Stage 3 $ 75 M $ 16.6 B n (USD million) 3Q25 2Q26 3Q26 1 Total Allowance for Credit Allowance for losses Losses to Impaired Credits Balance at beginning of the period
Slide 6: Record Deposit Base and Diversified Funding
Record Deposit Base and Diversified Funding Funding Sources Average Deposits +22% +36% 7,206 7,660 14,100 6,266 2,787 12,270 (20% ) 2,696 10,372 (22% ) 3,154 3Q25 2Q26 3Q26 Long - term Borrowings 2,337 (22%) and Debt (23% ) 1,410 (12%) Short - term Borrowings 1,060 274 (2% ) 247 (2% ) Deposits Compo
Slide 7: Robust Capitalization Supports Business & Balance Sheet Expansion
Robust Capitalization Supports Business & Balance Sheet Expansion Capital adequacy ratio 1 Tier 1 ratio 2 (Panama regulatory) (Basel III) 18.1% 15.8% 2.2% 16.6% 16.2% 2.0% 14.3% 14.3% 1.9% 1.8% 1.6% 1.6% 1.3% 1.4% 1.4% Regulatory 10.5% Minimum plus conservation 9.25% 9.25% buffer 15.9% 14.7% 14.4% 1
Slide 8: Record NII and Stable Margins
Record NII and Stable Margins Net Interest Spread (NIS) Net Interest Margin (NIM) Rate of Interest Earning Assets Net Interest Margin Rate of Interest Bearing Liabilities Net Interest Income (USD MM) 2.32% 2.24% 2.30% 79.8 73.3 67.4 6.57% 6.01% 6.12% NIS 1.64% NIS NIS 1.73% 1.64% 4.94% 4.37% 4.38% 3
Slide 9: Non-Interest Income contributes to revenue diversification
Non - Interest Income contributes to revenue diversification Non - Interest Income Fees and Commissions, net Quarterly Quarterly +26% +16% 25.6 23.3 19.3 9.5 15.4 16.3 14.1 23.3 9.6 16.3 8.9 7.9 14.1 19.0 3.9 1.9 5.9 2.4 1.7 2.7 3.3 2.8 0.5 0.3 - 1.1 3Q25 2Q26 3Q26 3Q25 2Q26 3Q26 Fees and commission
Slide 10: Operational Efficiency Remains Within Guidance
Operational Efficiency Remains Within Guidance Opex & Efficiency Ratio Quarterly 25.8% 25.8% 24.1% 25.6 23.8 21.3 3Q25 2Q26 3Q26 10 (USD millions, except for %)
Slide 11: Closing Remarks
BLADE X Closing Remarks
Slide 12: Full Year 2026 Guidance Updated
Full Year 2026 Guidance Updated Before Guidance Updated Commercial Portfolio GrowthUpdated 13 - 15% ~ 35% Average Deposit Growth Updated 13 - 15% ~ 20% NIM Updated ~2.30% ~2.25% Efficiency Ratio Updated ~28% ~27% Adjusted ROE 14% - 15% Tier I 15% - 16% 12
Slide 13: Contact
Contact Carlos Raad IR@bladex.com Chief Investor Relations Officer craad@bladex.com www.bladex.com/en/investors Panama Diego Cano VP Investor Relations dcano@bladex.com Panama Miguel Bolinaga Investor Relations - Analyst mbolinaga@bladex.com Panama 13
Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) — Q3 2026 Earnings Presentation on 6ix