Regional S.A.B (RA) investor relations material

Executive summary

• Q3 net income was MXN 1,676 million, up 10% YoY; operating income rose 12% to MXN 2,356 million.

• Total loans reached MXN 206,538 million, up 10% YoY, while core deposits rose 9% to MXN 199,950 million.

• LTM ROAE was 17.6%, down 168 bps YoY; stronger profitability marked an early recovery, though revenue growth and productivity gains remain priorities.

Financial highlights

• Financial margin was MXN 4,025 million, up 3% YoY; adjusted margin after credit-loss provisions was MXN 3,587 million, up 4%, and quarterly NIM was 5.7%.

• Total income reached MXN 4,437 million, up 9% YoY; operating income was MXN 2,356 million, up 12%.

• Non-financial income rose 9% to MXN 1,111 million; insurance income rose 46% to MXN 260 million. Card and merchant fees grew 7%, current-account services 13%, while total net fees declined 1%.

• Expenses increased 7% YoY to MXN 2,081 million; 9M26 expenses rose 8% to MXN 6,170 million.

• 9M26 net income was MXN 4,717 million, down 2% YoY; operating income was MXN 6,601 million, flat YoY.

Outlook and guidance

• FY26 net income growth guidance remains -5% to flat, with an expected outcome of ~-3%.

• 2027 loan growth is expected at ~10% across Banregio and Hey Banco, led more by working-capital lines than projects.

• 2027 expenses are expected to grow above 5% but below 10%; management expects single-digit growth.

• Long-term ROE target is 18%-20%; next year's ROE is expected to improve from a 16% low to at least 17%.

• NIM is expected to remain fairly stable, with potential modest improvement from a shift toward auto, mortgages, and small businesses if CASA stays near or above 50%.