Banco BMG (BMGB4) investor relations material

Executive summary

• Net income reached R$125 million in 2Q25, with ROAE of 14.3%, up 3.5 p.p. year-over-year, reflecting a sustainable results strategy and strong brand.

• Financial margin after cost of credit rose 19.3% year-over-year, driven by credit revenue, operational efficiency, and digital investments.

• Customer base reached over 10 million, with cross-sell index up 15% year-over-year and digital/physical presence expanding.

• Insurance segment grew, with nearly 10 million policies and strong performance in Bmg Corretora and Bmg Seguradora.

• Multiple awards received for workplace and franchise excellence, and ESG initiatives expanded.

Financial highlights

• Net income was R$125 million in 2Q25 (+18.9% YoY), with ROAE at 14.3% and net interest margin after cost of credit at 10.7%.

• Total credit portfolio reached R$24.7 billion (+1.7% YoY); payroll products portfolio at R$17.3 billion (+10.6% YoY).

• Efficiency ratio improved to 53.9% in 2Q25; administrative and operational expenses rose 6.2% YoY.

• Over 90-day NPL ratio at 3.8%, the lowest since IPO, and coverage ratio at 207.8%.

• Dividend yield at 10.8%; P/E at 4.7, P/B at 0.6 in 2Q25.

Outlook and guidance

• Focus on sustainable profitability, asset and capital quality, and expanding payroll and personal credit products.

• Planned expansion to around 900 help! stores in 2025 and ongoing digital transformation.

• Anticipates INSS marketplace to become operational in September, providing a new origination channel.

• Announced capital increase of at least R$35.4 million and up to R$49.5 million to reinforce capital base.