Banco de Crédito e Inversiones (BCI) investor relations material

Executive summary

• Net income for 1H26 rose 21% year-over-year to $699 million (Ch$644,709 million), driven by diversified business lines, prudent risk management, and a robust business model.

• Efficiency ratio improved by 452 basis points year-over-year, reaching 45.6% as of June, with operating expenses down 2.5%.

• Total loans expanded 6.13% year-over-year, led by commercial and consumer segments, and demand deposits rose 10.21%.

• International operations contributed significantly, with City National Bank net income up 46% year-over-year and Bci Perú net income up 63% year-over-year.

• Strategic milestones included the creation of Bci Group, AI product launches, and sustainability leadership.

Financial highlights

• Operating income expanded 19.7% year-over-year to $985.6 million in Q2, with net interest income up 14.8%.

• Fee income increased 10% year-over-year, supported by growth in retail and wholesale banking.

• Loan loss expenses decreased by 14% year-over-year, and credit quality remained strong with NPL ratio at 1.36%.

• Deposits grew 2.9% year-over-year, with demand deposits up 10.21%.

• International operations: Peru assets up 43.7% year-over-year, Miami net income up 69.4% year-over-year.

Outlook and guidance

• Full-year 2026 guidance raised: consolidated net income expected to grow 17%-19%, with ROAE improving to 15%.

• Chile loan growth projected at 6%-7%, double-digit fee income growth, and core operating expenses to decrease 1%.

• City National Bank anticipates 8%-10% loan growth and a 35% increase in net income, maintaining a 3% NIM.

• Cost of risk expected to remain flat at current levels, supported by prudent portfolio management.

• Chilean GDP growth forecast at 1.0% for 2026, U.S. at 2.1%, and Peru at 3.0%.