Bac Holding International Corp · BVC:BHI
Bac Holding International — Investor Presentation (2026)
26 slides from Bac Holding International's investor presentation, 2026
Slide 1: Performance that scales
BAC International Bank Inc. Value in action Performance that scales IQ26
Slide 2: Disclaimer
Disclaimer R The information contained here in has been prepared with the sole purpose of facilitating BAC does not intend, nor assume any obligation, to update or revise the content of this E general knowledge of BAC International Bank Inc. (hereinafter “BAC” or “BIB”) and is presentation in the ev
Slide 3: BAC's Structure
BAC’s Structure Holding company BAC Holding International Registered in Panama Corp. Listed in Colombian and Panamanian Stock Exchange (BHIC) 1 Named “Leasing Bogotá Panamá S.A”. until 2022 Spun-off from Grupo AVAL / Banco de Bogota in 2022 BAC Registered in Panama Headquarters Inc. 100% BAC Interna
Slide 4: BAC is the main banking platform in Central America
BAC is the main banking platform in Central America R BAC Overview Regional footprint of key operational and financial metrics E S U #1 BAC is the leading Financial Group in Diversified business portfolio by type US$42.0 bn US$4.2 bn Central America, leading in assets, loans, and geography with no s
Slide 5: Leading payments platform network in Central America
We are the leading payments platform network in Central America, providing a low-cost source of funding R 55% E S Volume of payments made through BAC represents U 55% of Central America GDP 2025 Why is this important? L T S Volume of payments made through BAC 2021-2025 (US$bn) Entry Barrier BAC’s 55
Slide 6: The largest regional group in Central America
And the largest regional group in Central America R Net loans • US $240,5 Bn IQ26 Card market share E S U • Largest issuer of credit cards in Central America L • We are the only company in Central America that can acquire merchant T vouchers and issue cards across all major brands S Long-term agreem
Slide 7: Multibank acquisition strengthens Panama franchise
Multibank acquisition strengthens Panama franchise R E Acquisition adds scale in Panama while preserving BAC’s regional diversification and supporting the broader credit story. S U L Strategic Benefits Credit Impact T S Stronger Panama franchise Positive rating momentum 01 BAC becomes the 3rd larges
Slide 8: BAC Key Financial & Operational Metrics
R E S Central American macroeconomic U L trends T S BAC Key Financial & Operational IQ26 Metrics 2 0 2 6 IQ26
Slide 9: Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits
Economic landscape of Central America: Growth, Inflation, and Fiscal Deficits R In 2026, average real GDP growth of countries …similarly, inflation has returned to …and fiscal consolidation has resulted in E in BAC region are expected to surpass Latam sustainable levels, below the Latam decreasing f
Slide 10: Results: Financial Strength and Strategic Growth
Results: Financial Strength and Strategic Growth YoY % Relevant facts R US$ MM 2022 2023 2024 2025 1Q25 1Q26 E 25-26 S Significant growth U Gross Portfolio 20 824 23 478 26 452 28 422 26 985 28 779 6,6% L T S Assets 31 050 34 503 37 970 40 747 38 416 42 016 9,4% Continued asset momentum Assets reach
Slide 11: Core net income grew 13.8% YoY
Strong underlying business performance: core net income grew 13.8% YoY R Underlying net income grew +13.8% YoY, demonstrating Improved ROE ex-FX confirms equity strength and robust E S strong operational momentum despite FX headwinds core earning power U 802 22% L 900 20.9% 723 13 800 21% T 800 668
Slide 12: Solid balance sheet backed by a diversified loan portfolio
Solid balance sheet backed by a healthy, diversified loan portfolio… R Gross portfolio ($B) E US$ 28.8 S Δ Abs Δ% U L 7ByBcountry CAGR +11.1% 26 vs 25 26 vs 25 T 28.4 28.8 Costa Rica 26.4 26.9 S 23.5 4.3 4.3 173 4.2% 30% 18.7 20.8 3.9 4.1 4.2 Panamá 3.6 3.3 10.2 10.7 10.1 10.8 21% 7.5 8.9 566 5.6% 6
Slide 13: ...and controlled risk levels
...and controlled risk levels R Total Portfolio by Stages E 15% S 16% U L 11% 12% 10% T 9% 8% S 7% 7% 7% 7% 7% S2 4% 4% 4% 4% 4% 3% 3% 3% 2% 2% 2% 2% S3 sep-20 mar-21 sep-21 mar-22 sep-22 mar-23 sep-23 mar-24 sep-24 mar-25 sep-25 mar-26 80% 80% 80% 84% 86% 88% 89% 90% 89% 90% 90% 90% S1 IQ26 Past Du
Slide 14: Funding driven by a diversified and low-cost base
Funding driven by a highly diversified and low-cost base given the relevance of demand deposits… R Deposits ($M) E US$ 31.6 B S YoY +6.4% Δ Abs Δ% U By country CAGR +8,4% 26 vs 25 26 vs 25 L 31.6 T 30.2 28.8 28.4 S Costa Rica 26.0 11.8 60 1% 11.1 32% 21.9 23.3 9.9 11.1 11.7 Panamá 8.5 8.6 23% 7.8 8.
Slide 15: Ample liquidity
Ample liquidity … R Stable liquidity from diversified sources Investment portfolio evolution (1) E US$mm US$mm 3.2 S CAGR: 6.3% 3.0 2.9 2.8 2.4 2.4 2.6 U L 4,196 3,994 5,882 5,214 5,204 5,336 5,648 6,283 6,552 T S 16.8% 18.2% 12.0% 14.2% 14.8% 17.5% 16.6% 16.7% 14.4% 5.5% 6.0% 5.9% 5.7% 5.7% 4.8% 5.
Slide 16: US$ denominated portfolio (FVOCI) invested in high quality instruments
US$ denominated portfolio (FVOCI) remains mainly invested in high liquidity and quality instruments US$ Portfolio Composition by Asset Class US$ Portfolio Composition by Rating R E S U L 0% 0% 0% 0% 0% T 3% 3% 2% 2% 2% S 6% 7% 7% 6% 11% 11.7% 11% 9% 14% 9% 19% 23% 26% 29% 47% 50% 57% 54.2% 55% IQ26
Slide 17: Strong capitalization levels above regulatory requirements
BAC has strong capitalization levels above regulatory requirements Panamanian Regulation R E Stable capitalization levels above minimum BAC’s current capitalization would allow the bank to cover phased-in S Capitalization Overview regulatory requirements. Currently, BAC has a 1.9% requirements, rema
Slide 18: Capital position remains above requirements, with clear rebuild path
Capital position remains above requirements, with clear rebuild path R E Mar-26 capital position versus 2026 Panama regulatory requirements Total regulatory capital: US$4.3bn | Total RWA: US$35bn S U L 9.7% 11.2% 12.4% 93.7% Panama requirements 2026: CET1 7.00% | T1 8.50% | Total 10.50% T CET1 ratio
Slide 19: Recurring earnings support capital rebuild and AT1 coupon capacity
Recurring earnings support capital rebuild and AT1 coupon capacity R E Net income trend (US$m) S Illustrative coverage of existing AT1 coupon U L Existing local AT1 coupon burden: US$52m/year based on US$520m at 10%. T 838 S 789 2025 net income 15.2x 705 594 604 IQ26 annualized 11.6x 464 448 IQ26 co
Slide 20: Our strong results enable confident progress in our ESG strategy
Our Ourstrong strongresults resultsenable enableconfident confidentprogress progressininour ourESG ESGstrategy: strategy:‘Triple ‘TripleValue’ Value’ R Sustainable Financial Communities E Finance Well-Being Inclusion S U Triple value financial solutions Business portfolio of US $1,531 million, and C
Slide 21: Appendix
R E S U L T S Appendix IQ26 BIB 2 0 2 6 IQ26
Slide 22: Balance sheet BIB
Balance sheet BIB R E S US$ MM 2022 2023 2024 2025 IQ25 IQ26 U L Assets T S Cash and cash equivalents 769 932 936 1,051 764 942 Securities purchased under resale agreements 11 61 10 3 138 0 Total deposits in banks, net 4,424 4,343 4,702 5,229 4,438 5,610 Investments in securities, net 4,190 4,549 4,
Slide 23: Income statement BIB
Income statement BIB R US$ M 2022 2023 2024 2025 IQ25 IQ26 E S Deposits in banks 27 60 67 63 16 19 U Investments in securities 182 267 300 291 74 77 L Loans 1,878 2,303 2,733 3,049 731 761 T Total interest income 2,087 2,631 3,100 3,404 821 857 S Deposits from customers 459 613 791 899 223 210 Finan
Slide 24: Selected ratios and operating data BIB
Selected ratios and operating data BIB R E US$ M 2022 2023 2024 2025 IQ25 IQ26 S U Profitability. efficiency. and growth L T Net Interest Margin (LTM) 5.8% 6.3% 6.3% 6.3% 6.3% 6.3% S LTM Return on average assets 1.6% 1.9% 2.0% 2.0% 2.0% 1.9% LTM Return on average equity 16.4% 18.7% 19.5% 19.3% 19.5%
Slide 25: Country Summary
Country Summary R Other & E Guatemala El Salvador Honduras Nicaragua Costa Rica Panama BIB & Subs S Eliminations U Gross Portfolio 5,061 2,972 4,067 1,918 8,637 6,355 -232 28,779 L Assets 6,992 4,139 5,775 2,887 13,375 8,872 -26 42,016 T S Deposits 4,962 3,290 4,138 2,061 10,022 6,639 496 31,609 Equ
Slide 26: Performance that scales
BAC International Bank Inc. Value in action Performance that scales IQ26
BAC Holding International — Investor Presentation (2026) on 6ix