Banco de Crédito e Inversiones (BCI) Investor Day 2026 summary

Strategic direction and technology

• Assets were $93.4bn at September 2026, 3x 2016; equity grew at a 12.2% CAGR; international assets reached 41.8%, vs 20% in 2025.

• Strategic priorities: improve efficiency through simpler operations and GenAI; grow payments, affluent, wholesale and international businesses; monetize MACHBANK; diversify and improve City National Bank profitability.

• Proposed corporate structure aims to optimize capital allocation across Chile and the U.S., simplify reporting visibility by bank, and diversify capital sources and shareholder distribution mechanisms.

• Cloud and microservices, the 360 Connect integration platform, and Gemini adoption (8k employee monthly active users) are positioned to support scalability, productivity and operational resilience.

City National Bank strategy and growth

• Five-year Project WIN, launched in 2025, targets high-single-digit loan and deposit growth through 2029, higher NIM from risk-based pricing and lower funding costs, and more fee income.

• Plan priorities include expansion beyond Miami-Dade into Broward, Palm Beach, Orlando and Tampa; more C&I lending and client deposits; digital and operating-model improvements; culture preservation and stronger risk controls.

• Relationship strategy targets relationship managers spending 50% of their time with clients; more than 5,000 client meetings were planned for October, with a target of 25 meetings per RM monthly.

• Assets grew 4x from $6.5bn in 2015 to $28bn in 2025; June 2026 assets were $29bn. City National Bank ranked fourth among Florida-based banks by assets.

• Deposit market share rose from 0.9% to 2.5% statewide, improving rank from 17th to ninth; in Miami-Dade, share rose from 3.4% to 8.8%, improving from eighth to third.

Financial performance and outlook

• YTD June 2026 loans were $20.381bn (+7.7% YoY), client deposits $20.918bn (+10.6%), net interest income $402m (+22.3%) and net income $178m (+46.4%).

• YTD June normalized ROE was 12.26%, vs 9.79% in 2025; efficiency ratio improved to 42.96% from 54.57%; NIM rose to 2.98% from 2.57%.

• Q2 2026 NIM reached 3.00%, expanding for a tenth consecutive quarter; the quarter’s increase was 3bps, supported by a 4bps rise in earning-asset yield and stable funding costs.

• Client deposits grew nearly 1.9x the banking industry YTD June 2026; wholesale funding fell to 16.01% of assets in June from 19.21% in December 2025.

• Fee income increased from $16m in 2015 to $120m in 2025; new initiatives include treasury, wealth management, operating leases, loan sales, insurance and capital markets.