Central Bancompany (CBC) investor relations material

Executive summary

• Q3 net income was $116.2M, up 19.7% YoY; adjusted net income was $116.1M, up 13.4% YoY, and diluted EPS was $0.48.

• Results reflected higher net interest income and margin, fee growth, disciplined expenses, and benign credit performance.

Financial highlights

• Net interest income was $218.9M, up 10.0% YoY; net interest income after provision was $214.8M, up 9.9%.

• Total noninterest income increased 17.0% YoY to $66.8M; adjusted noninterest income grew 4.0% to $66.6M.

• Noninterest expense rose 3.2% YoY to $131.0M, below revenue growth; income before taxes was $150.6M, up 19.9%.

• Average earning assets increased 7.1% YoY to $19.4B; average loans held for investment were $11.7B, up 3.2% annualized QoQ.

• Average deposits rose 4.4% YoY to $15.4B, including 6.2% growth in noninterest-bearing deposits.

Outlook and guidance

• Static-rate-curve, static-balance-sheet models project 2027 and 2028 NII above 2026 projections; management sees further NIM and NII growth potential.

• Fixed-rate loan roll-offs total $700M at 6.0% in Q4’26 and $2.2B at 6.0% in 2027; securities roll-offs total $200M at 4.2% and $1.1B at 4.3%, respectively.

• Loan growth was 3% linked-quarter annualized, or ~4% excluding declines in other consumer loans; management cited ~4% growth in competitive conditions and mid-single-digit growth as the long-term norm.

• Noninterest-bearing deposits grew 6% YoY; management expects mid-single-digit growth over the long term through checking-account acquisition.

• Net commercial loan pipelines remained as strong as the prior quarter; period-end loans exceeded quarterly average loans by $54M, supporting momentum into Q4.