Gentera (GENTERA) investor relations material

Executive summary

• Achieved solid and consistent Q1 2026 results, with a record loan portfolio of MXN 94.8 billion, up 14.7% year-over-year, and net income of MXN 2.494 billion, a 12.3% increase, serving 6.6 million people.

• All subsidiaries (Banco Compartamos México, Banco Compartamos Perú, ConCrédito) posted double-digit portfolio and income growth.

• Reached the best efficiency ratio in eight years and maintained strong liquidity with MXN 17.457 billion in cash and investments.

• Board changes implemented, with two members stepping down and two new members joining the Peru subsidiary.

• Extraordinary shareholders meeting called for June to clarify and resubmit dividend and foundation contribution proposals.

Financial highlights

• Loan portfolio grew 14.7% year-over-year to MXN 94.8 billion; net income reached a record MXN 2.494 billion, up 12.3% year-over-year.

• Net interest income grew 15.7% to MXN 10.8 billion; NIM at 40% for Q1 2026.

• Net fees grew 18.3% to MXN 1.587 billion, mainly from insurance business expansion.

• Operational expenses rose 10.5% year-over-year to MXN 6 billion.

• Provisions for loan losses increased 26.1% to MXN 3.03 billion, reflecting portfolio growth.

Outlook and guidance

• Portfolio growth guidance reaffirmed at 13%-16% for 2026.

• NIM expected to be around 41% by year-end; NIM after provisions to be around 30%.

• Cost of risk expected to close the year at the high end of the 13%-13.5% range.

• ROE guidance for 2026 is around 25%.

• Management expects continued solid and sustainable growth, focusing on business model modernization and prudent risk management.