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Bci CONFERENCE 2Q CALL 2026 B 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 accordance with U.S. GAAP and may be different from non - GAAP measures used by other companies . In addition , these non - GAAP measures are not based on any comprehensive set of accounting rules or principles . Non - GAAP measures have limitations in that they do not reflect all of the amounts associated with our results of operations as determined in accordance with U.S. GAAP . These non - GAAP financial measures should only be used to evaluate our results of operations in conjunction with the most comparable U.S. GAAP financial measures . The 2026 financial guidance contained in this presentation reflects management's current assumptions regarding numerous evolving factors that are difficult to accurately predict . [ Reconciliations of forward - looking non - GAAP measures to the relevant forward - looking GAAP measures are not being provided , as we do not currently have sufficient data to accurately estimate the variables and individual adjustments for such guidance and reconciliations . The 2023 financial guidance includes forward - looking statements . August 2026
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Macro Overview Key Financial Results Closing Remarks & Guidance Contents.
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US GDP grew 1,5% in Q2. Florida’s economic performance is slightly underpacing the national average. Source: BEA, BLS, Bci Research US & Florida. GDP Growth by Quarter (annualized QoQ, %) US & Florida. Unemployment Rate (%)
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Inflation has increased in line with higher energy prices. The Fed, with a cautious stance, will wait and see the impacts on the economy. US. Total & Core CPI (YoY, %) US. Fed Funds Rate (%) Source: BEA, BLS, Federal Reserve, Bci Research US. Yield Curve 4Q25 vs 3Q25 (%)
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Peru’s economic activity is fluctuating around its potential level and monetary policy rate stands at 4,25%. Peru. GDP Growth by Quarter and Forecast (YoY, %) Peru. Inflation and MPR (%) Source: BCRP, Bloomberg, Bci Research Peru. Yield Curve 2Q26 vs 1Q26 (%)
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Chile. Quarterly GDP Growth and Forecast (YoY, %) Chile. Labor Market (%) Source: Central Bank of Chile, INE, Bci Research In Chile, economic activity has shown signs of weakness, as well as the labor market.
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Headline CPI will rise in line with energy prices. Chile. CPI, Components and Perspectives (YoY, %) Chile. Monetary Policy Rate & Projections (%) Chile. Yield Curve 3Q25 vs 2Q25 (%) Source: Central Bank of Chile, INE, Bci Research Jan22 Jan23 Jan24 Jan25 Jan26 Jan27
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Macro Overview Key Financial Results Closing Remarks & Guidance Contents.
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Consolidated Operation. Financial highlights
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● Net Income: Of US$699 million for 1H26 (+21% YoY). ● NIM: Stood at 3.67%, driven by inflation indexation income. ● Fees: +10%, highlighting credit card growth and transactionality in Retail, Sales & Trading in Wholesale, and asset management. ● Efficiency Ratio: Improved 452 bps YoY, with Operating Expenses decreased by 2.5% YoY. ● Credit Loss Expenses: US$ 160.9 million, an improvement of 14.0%, reflecting strong asset quality. Balance Sheet Composition Financial Results Key Initiatives Consolidated Operations ● Corporate Evolution Proposal: Bci Group's is progressing according to plan. ● International Platform : Sound financial results in CNB, Bci Miami, and Bci Peru. ● Customer Experience: NPs of 77 by June. ● New Branch Models: Successfully rolling out new branch formats to elevate the customer experience. ● Sustainability & ESG: Accelerating our Net Zero 2050 commitment. Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026), and % variations consider 1S26 against 1S25. Executive Summary As of June 2026, we delivered a Net Income increasing 21% YoY, reflecting the strength of our diversified business model ● Loans: Total loans grew by 6.1% YoY, driven by our continued leadership in the Commercial segment and strong momentum in the Consumer porfolio. ● Deposits: Strong momentum in demand deposits +10.21% YoY. ● Liquidity: Continues well above regulatory requirements, with a global LCR of 139.3% and an NSFR of 110.2%. ● Capital: CET1 Ratio of 11.27% (+16 bps YoY), driven internal capital generation and 226 bps over regulatory requirements.
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Financial Results 2Q 2026 Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Consolidated Operations
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Local Operation. Key financial results
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CAGR Loan growth driven by commercial and consumer Source: Financial Market Commission (CMF) as of June 2026 Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026); Exclude CorpBanca investments in Colombia and Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú CAGR CAGR CAGR Commercial & Interbank loans (US$mm)Total loans (US$mm) Consumer lending loans (US$mm) Mortgage loans (US$mm) Financial System Local Operations
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Evolution of NIM and Fees 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 available for sale, and held-to-maturity securities. Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026). Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú NIM (%) Net Fees (US$mm) Local Operations
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Operating Expenses Efficiency ratio as calculated by the CMF (operating expenses excluding other operating expenses/gross operating result). Sin ce 1Q18, additional allowances are not included in the calculation. Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026). Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú Local Efficiency Ratio as of June 2026 Expenses Breakdown as of June 2026 Local Operations Second quarter 2026 Operating Expenses YoY Operating Expenses YoY as of June 2026
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CET1 increased by 16 bps year-on-year, reaching 11.26% as of June 2026. The improvement reflects internal capital generation outpacing the growth in risk-weighted asset associated with business expansion, resulting in a stronger capital position. The increase in CET1 was partially offset by higher regulatory deductions following the full phase-in of Basel III transitional arrangements from December 2025. Effective equity continued to strengthen, increasing year-on-year, supported by retained earnings and solid profit generation. Sound Liquidity and Capital Ratios Liquidity Coverage Ratio Jun’26 = 254.68% Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Liabilities Breakdown (Local) Capital Ratios (Consolidated) Capital Ratio (Consolidated) Net Stable Funding Ratio Jun’26 = 113.5%
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Trend of Risk Indicators Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú Figures are converted to US$ using an FX of 922.21 (July 1st 2026) **LLP = Loan loss provisions Total loans Local Operations
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* LLP = Loan loss provisions Commercial loans Trend of Risk Indicators Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Local Operations
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* LLP = Loan loss provisions Mortgage loans Trend of Risk Indicators Nota: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Local Operations
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* LLP = Loan loss provisions Consumer loans Trend of Risk Indicators Note: Excludes Bci subsidiary in USA (CNB and Bci Securities) and Bci Perú Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Local Operations
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*Loan figures exclude Bci Perú loans booked outside Peru. Note: figures are shown by their respective accounting standards. Figures are converted to US$ using an FX of 922.21 (July 1st 2026) 4 Years Assets Under Management: ~$2.4B Total Assets: $6.7 B (+11.1% YoY). Net Income: $37.3M (+69.4% YoY) Loans evolution in Peru* (US$ million): Complementary products: ● Treasury & cash management ● Trade finance ● Asset based lending x17 Sustained growth across our international platform continues to strengthen our value proposition in the region Net Income ($US MM) -5.5 -0.9 2.4 11.1 11.4 Total assets reached US$ 1.6 Bn, a +43.7% YoY growth, powered by a highly committed team of 95 full-time employees driving our continued expansion.
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Strategic execution drives sound results despite a high volatility period *ROAE estimations consider last twelve months (LTM). Market share based on CMF as of June 2026, it excludes chilean banking system and Bci Subsidiaries abroad. Figures are converted to US$ using an FX of 922.21 (July 1st 2026) Local Operations Net Income ~US$510 MM (+14.84% YoY) Equivalent to a local ROAE* of: 17.49% Loan Growth +5.47% Market share of 15.32% ex. abroad operations NIM 4.13% (-13 bps YoY) Cost of Risk 0.66% (-6 bps YoY) Efficiency 46.54% (-400 bps YoY)
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Key financial results
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Metric ($MM) Q2-2026 Actual Q1-2026 Actual QoQ Var YTD Jun 2026 Actual YTD Jun 2025 Actual YoY Var Loan balances $20,381 $20,158 $223 1.1% $20,381 $18,928 $1,454 7.7% DDAs $5,192 $5,391 ($198) -3.7% $5,192 $4,743 $449 9.5% Client Deposits $20,918 $20,102 $816 4.1% $20,918 $18,920 $1,998 10.6% Net interest income $205 $197 $7 3.7% $402 $328 $73 22.3% NIM 3.00% 2.97% 0.03% 2.98% 2.57% 0.41% Net income after tax $93 $84 $9 11.1% $178 $121 $56 46.4% ROE (ex goodwill amort) 12.66% 11.84% 0.82% 12.26% 9.79% 2.47% Actual results as of June are overall better QoQ and YoY, reflecting disciplined execution and strategic focus Source: City National Bank of Florida The decline in DDAs QoQ was due to a temporary $255MM inflow in Q1
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Total Deposits ($MM) Banking Industry - Total Deposits ($B) Non-interest bearing deposits represent 23.49% of total deposits Cost of Client Deposits (QTD Avg) Non-Int Bearing / Total Deposits Client Deposits ($MM) CNB deposits have grown ~1.9x times greater than market YTD CNB’s strong client deposit growth in 2026 is outpacing the banking industry (includes brokered) by nearly 1.9x Source: City National Bank of Florida 2.28% $19,392 22.28% Wholesale Funding ratio 19.21% 2.13% 24.42% $20,102 18.32% USA CNB 4.23% 7.87% 1.86x $4,890 $5,391 $5,192 $14,502 $14,711 $15,726 $2,551 $1,970 $1,187 Dec-25 Mar-26 Jun-26 Brokered deposits Interest bearing deposits Non-interest bearing deposits $21,943 $22,072 $22,105 +$1,526 (+8%) +$302 (+6%) YTD client deposit growth YTD DDA growth 2.19% 23.49% $20,918 16.01%
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Loans to Deposits (%) Total Risk Based Capital Ratio (%) Tier 1 Leverage Ratio (%) Investment Portfolio ($MM) OCI after tax ($MM) $19,636 $20,158 $20,381 Dec-25 Mar-26 Jun-26 +$223 (+1%) +$745 (+4%) Non-Performing Assets Ratio (%) Net Charge-offs Ratio (%) $27,990 $28,630 $29,112 Dec-25 Mar-26 Jun-26 +$482 (+2%) +$1,122 (+4%) Source: City National Bank of Florida 89.49% 10.94% $6,474 ($285) 15.48% 0.71% 0.06% Non-owner occupied CRE represents 47% of total portfolio 91.33% 11.22% $6,473 ($286) 15.48% 0.79% 0.08% Non-Performing Loans Ratio (%) Much lower than peers, which averaged 0.21% (banks with assets between $10B- $100B) in March ACL Coverage Ratio (%) 1.11% 1.10% 0.94% 0.86% 92.20% 11.38% $6,739 ($284) 15.67% 0.75% 0.09% 1.09% 0.81% QoQ growth QoQ growth Total Assets ($MM) Total Loans & Leases ($MM) Loans grew ~$223MM (1%) in Q2, increasing $745MM (4%) YTD, maintaining sound asset quality and strong capital ratios Total assets now exceed $29B and our capital ratios are strong
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INCOME STATEMENT ($ millions) Q2 2025 Q4 2025 Q1 2026 Q2 2026 $ Var QoQ % Var QoQ YTD 2025 YTD 2026 $ Var YoY % Var YoY (+) Net Interest Income $167.4 $194.8 $197.2 $204.5 $7.3 3.7% $328.5 $401.8 $73.3 22.3% (+) Non-Interest Income $31.3 $29.2 $32.1 $35.7 $3.7 11.5% $59.5 $67.8 $8.3 13.9% (=) Operating Income $198.7 $224.0 $229.3 $240.3 $11.0 4.8% $388.0 $469.6 $81.6 21.0% (-) Personnel Expenses $51.5 $54.2 $64.6 $62.8 -$1.8 -2.8% $104.8 $127.4 $22.6 21.5% (-) Occupancy & Equipment Expenses $7.4 $9.1 $6.1 $6.6 $0.5 7.8% $14.2 $12.7 -$1.6 -10.9% (-) Other Non-Interest Expenses $32.9 $44.1 $29.6 $32.0 $2.4 8.1% $69.2 $61.6 -$7.5 -10.9% (-) Non-Interest Expenses $91.8 $107.5 $100.3 $101.4 $1.1 1.1% $188.2 $201.7 $13.5 7.2% (=) Core Earnings $106.9 $116.5 $129.0 $138.9 $9.9 7.7% $199.8 $267.8 $68.1 34.1% (-) Provision Expense $13.4 $4.0 $8.9 $8.6 -$0.3 -3.0% $28.5 $17.5 -$11.0 -38.6% (-) Amortization Expense $4.7 $4.6 $4.6 $4.5 -$0.1 -2.2% $9.3 $9.1 -$0.3 -2.7% (+) Gain on Sale of Securities, CVA Adj & Marketable securities -$0.5 -$7.5 -$2.5 -$0.2 $2.4 -93.0% -$0.4 -$2.7 -$2.3 539.3% (=) Net Income before Taxes $88.3 $100.4 $113.0 $125.6 $12.6 11.2% $161.6 $238.6 $77.0 47.7% (-) Tax Expense $22.3 $28.9 $28.9 $32.2 $3.3 11.6% $40.3 $61.1 $20.8 51.6% (=) Net Income after Taxes $66.0 $71.6 $84.1 $93.4 $9.3 11.1% $121.3 $177.6 $56.3 46.4% RATIOS (%) Q2 2025 Q4 2025 Q1 2026 Q2 2026 % Var QoQ YTD 2025 YTD 2026 % Var YoY Net Interest Margin (NIM) 2.59% 2.88% 2.97% 3.00% 3 bps 2.57% 2.98% 41 bps ROAA 0.97% 1.01% 1.21% 1.31% 10 bps 0.90% 1.26% 36 bps ROAA (excluding goodwill amort) 1.02% 1.05% 1.25% 1.35% 10 bps 0.95% 1.30% 35 bps ROAE 9.93% 9.85% 11.44% 12.27% 84 bps 9.33% 11.86% 254 bps ROAE (excluding goodwill amort) 10.38% 10.25% 11.84% 12.66% 82 bps 9.79% 12.26% 247 bps Core Efficiency Ratio 46.32% 47.89% 44.24% 42.23% -201 bps 48.57% 43.21% -536 bps Net income after taxes grew 11% QoQ and 46% YoY ROA and ROE, excluding goodwill amortization, were 1.35% and 12.66% in Q2’26, respectively Source: City National Bank of Florida
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YoY net income comparison: YTD Jun 2025 vs. YTD 2026 ($MM) Net income after taxes grew 11% ($9MM) QoQ and 46% ($56MM) YoY. NIM expanded 3bps QoQ and 41bps YoY Source: City National Bank of Florida QoQ net income comparison: Q1-26 vs. Q2-26 ($MM) $84 $7 Q1 2026 Actual Net interest income $4 Non- interest income ($1) Non- interest expense $0 Provision expense $2 Gain on sale of securities, CVA adj & marketable securities ($0) Intangibles & taxes ($3) BOLI tax penalty Q2 2026 Actual $93 +$9 (11%) NIM expanded 3bps in Q2 $121 $73 $11 2025 Actual Net interest income $8 Non-interest income ($13) Non-interest expense Provision expense ($23) Intangibles & taxes 2026 Actual $178 +$56 (46%) NIM is 41bps higher YoY
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+117bps Both our net interest income and margin increased for the tenth consecutive quarter: In Q2-2026, our NIM expanded 3bps Net interest income ($MM) Net Interest Margin (%) Source: City National Bank of Florida NIM expanded 3bps in Q2-2026, due to increased yield on earning assets (4bps higher), while cost of funds remained stable (1bp increase) $114 $118 $119 $132 $149 $161 $167 $176 $195 $197 $205 Q1-24 Q2-25 Q2-26Q1-26Q4-25Q3-25Q1-25Q4-24Q3-24Q2-24Q4-23 +$4 (+4%) +$2 (+1%) +$13 (+11%) +$17 (+13%) +$12 (+8%) +$6 (+4%) +$9 (+5%) +$19 (+11%) +$2 (+1%) +$7 (+4%) 1.83 1.90 1.96 2.11 2.37 2.50 2.59 2.66 2.88 2.97 3.00 Q1-24 Q2-25 Q1-26Q4-25Q3-25Q1-25Q4-24Q3-24Q4-23 Q2-24 Q2-26 +0.06 +0.06 +0.16 +0.26 +0.13 +0.08 +0.07 +0.22 +0.08 +0.03 Cost of funds 3.19% 3.23% 3.20% Effective Fed Funds 5.33% 5.33% 5.33% Yield on earning assets 5.03% 5.12% 5.16% 3.12% 5.24% 2.83% 5.26% 4.65% 5.21% 2.72% 5.27% 4.33% 2.64% 5.23% 4.33% 2.62% 4.29% 5.28% 2.40% 3.90% 5.29% 2.27% 5.23% 3.64% 2.27% 3.63% 5.27%
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Our fee income is meaningfully higher and more diversified Source: City National Bank of Florida Non-interest income mix – YTD Jun 2022 vs 2026 33% 41% 26% Treasury Mgmt. (TM) fees Non-TM fees Operating leases $48MM 2022 2026 33% 56% 10% Treasury Mgmt. (TM) fees Non-TM fees Operating leases $68MM Fees as a % of avg. assets 0.43% 0.48% +0.05% New fee initiatives to increase profitability and diversify fee mix ▪ Treasury distribution desk (swaps, options, FX, etc.) ▪ Capital market capabilities ▪ Wealth Management enhanced offering ▪ Residential secondary market ▪ Sale of SBA loans ▪ Insurance commissions, etc…
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We are continue generating strong, profitable, and diversified growth, in our second year of the 5-year Project Win strategy Source: City National Bank of Florida Moderate Growth / Diversification Enhanced Profitability Scalability / Digital Experience Culture Preservation / Engagement Regulatory Excellence 1 2 3 4 5 Value Creation Key Objectives YTD June 2026 Accomplishments Increased client deposits by 16% (annualized) vs. 8% for the industry, positioning us as the leading deposit-gathering bank in Florida. Loans growing at 8% annually, and funded by client deposit growth, with higher loan diversification (C&I represent 31% of total loans vs. 30% a year ago) ROE of ~12% YTD, with NIM expanding 41bps YoY. Strong DDA growth & execution of new fee initiatives continued to enhance earnings diversification and profitability AI strategy initiative to deliver enterprise-wide impact (i.e. credit delivery optimization, processes automation, agent for pre-call and post-client calls, client concierge center, data and analytics, etc.) High employee engagement and disciplined execution continue in our year two of Project WIN. Strong and distinct leadership culture Strengthened our three lines of defense to maintain a robust internal control framework as we grow
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Macro Overview Key Financial Results Closing Remarks & Guidance Contents.
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● We delivered a consolidated Net Income of US$ 699 million for the first half of the year, representing a 21% YoY increase, with CNB contributing USD 177M (up 47% YoY). ● Fee income increased by 10% YoY, fueled by higher Retail transactionality and strong momentum across our Wholesale and Finance divisions. ● Efficiency Ratio improved by 452 bps YoY to 45.6%, supported by a 2.5% decrease in operating expenses. ● With a 6.13% YoY expansion in the total loans, driven by the commercial segment, Bci continues as the largest bank by total assets and loans.* ● We maintain a solid capital position with a CET1 ratio of 11.27%, while keeping a proactive asset quality reflected on a 1.36% NPL and a 14.0% YoY drop in credit loss expenses. ● Bci Group is advancing according to plan, hand-in-hand with an outstanding customer experience that pushed our NPS to 77 points by June. Consolidated Operations2Q26 Closing Remarks Note: Figures are converted to US$ using an FX of 922.21 (July 1st 2026), and considers operations at the consolidated level. *CMF data as of June 2026, consolidated system figures.
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2026 Guidance update Chile (includes international and local Subsidiaries) GDP 1.2% Inflation 4.1% MPR 4.5% USD/CLP $905 CNB GDP 2.1% Inflation 3.4% FFR 3.25% Consolidated Notes: Percentages consider full year-over-year (YoY) variations. CNB figures consider US GAAP. Macro indicators are based on Bci Estudios. Loan growth: +6-7%. NIM: Flat. Fee Income: Lower double digit. Core Operating Expenses: -1%. Reinforcing our commitment with cost control. Cost of Risk: Flat. Loan Growth: +8-10%. NIM: 3.00% levels - Driven by deposit and loan growth. Net Income: ~35%. Net Income: +17-19% after sound fundamentals as of 1H26. ROAE: ~15% levels.
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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”, “plan”, “intend”, “forecast”, “project”, “may”, “will”, “should”, “could”, “estimate”, “predict” or similar words suggesting future outcomes or language suggesting an outlook. While these forward looking statements represent our judgment and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our plans, objectives, expectations, anticipations, estimates and intentions expressed in such forward-looking statements. The risk factors and other key factors that we have indicated in our past and future filings and reports, including those with local or foreign authorities, could adversely affect our business and financial performance. The information contained herein is subject to, and must be read in conjunction with, all other publicly available information, including relevant document published by Banco de Crédito e Inversiones (“Bci”) or any of its related companies. The forward-looking statements represent our views as of the date of this presentation and should not be relied upon as representing our views as of any date subsequent to the date of this presentation. We undertake no obligation to update any of these statements. Recipients of this presentation are not to construe the contents therein as legal, tax or investment advice and such recipients should consult their own advisors in this regard. Likewise, this presentation does not constitute or form any part of any offer, invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities issued or related to Bci. Furthermore, any liability for losses arising from the use of material contained in this presentation, which is confidential and submitted to prior selected recipients only, is accepted by Bci or its executives, directors or related companies. This presentation may not be reproduced (in whole or in part) to any other person, without our prior written consent”. We have adopted IFRS 9 “Financial Instruments” (previously IAS 39). However, the Financial Market Commission (CMF, according to the Spanish acronym) excluded the application of the methodology to calculate the expected credit risk loss for loans, which will continue to be calculated using the expected loss models defined by the CMF, our local regulator. Besides this modification, there were other regulatory modifications that we disclosed in our annual financial statements concerning accounting criteria and the presentation of the financial statements. These modifications of our accounting policies and of the presentation of our financial statements require the 2021 figures to be stated off the books (pro forma) to comply with the comparability principle of the IFRS, due to the implementation as of January 2022 of the new accounting regulation requirements of the CMF in its Compendium of Accounting Regulations for Banks. Lastly, it should be indicated that besides issuing the consolidated financial statements of the Bank, we will also include a new financial report on management comments that will be published jointly on our website on August 12th, 2022. If you have any further queries about this new format, do not hesitate to contact the IR team.