Banco de Crédito e Inversiones (BCI) investor relations material

Executive summary

• 9M26 consolidated net income was Ch$872,882 million, up 13.76% YoY; total loans grew 7.24%, deposits 6.88%, and the efficiency ratio improved 505 bps to 45.24%.

• 90+ day NPLs improved to 1.30%; CET1 was 11.01%, while international operations contributed strongly to earnings growth.

Financial highlights

• Q3 consolidated operating income rose 4.7% YoY to $788.7 million; net interest and indexation income increased 11.1% to $648.9 million and net fee income rose 12.0% to $129.5 million.

• Q3 income before tax rose 7.1% to $330.9 million, while net income declined 2.71% YoY to Ch$228,173 million.

• Q3 credit-loss expense increased 70.77% YoY to $106.7 million; operating expenses fell 8.1% to $351.1 million.

• 9M operating expenses declined 4.31% to Ch$1,098,089 million; income before credit losses increased 17.19%.

• 9M credit-loss expense rose 8.03% to Ch$252,163 million, while income tax expense increased 52.88% to Ch$204,091 million.

Outlook and guidance

• 2026 consolidated income before tax is forecast to grow more than 20%; net income is expected to be flat and ROAE near 15%.

• Chile loan growth guidance is 6–7%; fee income is expected to grow at a lower double-digit rate, core operating expenses to decline 1%, and cost of risk to remain flat.

• CNB guidance includes 8–10% loan growth, NIM around 3.00%, and net income growth around 47%.

• Chilean tax reform is expected to trigger a one-time $35 million charge; exchange-rate movements create additional tax volatility through monetary corrections.