Banco de Crédito e Inversiones (BCI) Corporate presentation summary

Financial performance and profitability

• Achieved record net income in 1Q25, up 31.8% YoY, with ROAE at 12.9% and net income YTD of $286.9M.

• Consolidated NIM reached 3.73%, up 16bps, with City National Bank (CNB) NIM at its highest in over two years.

• Net financial income surged 323% due to improved currency hedge and treasury trading; fees rose 27.1% from cross-selling and mutual funds.

• Operating expenses increased 24.6% to $425.5M, reflecting investment in strategic projects.

• Provision expenses were $98M, down 21.5%, indicating strong asset quality.

Market position and business model

• Largest bank in Chile by total loans and third largest Florida-based bank, with $85.6B in assets and $58.2B in loans.

• Holds 15.1% market share in Chilean loans and 14.3% in deposits, maintaining a leading position.

• Diversified business model with significant operations in Chile, the US (CNB), Peru, and other international markets.

• Total customers number around 6 million, with a market cap of $8.1B.

Balance sheet and funding

• Total assets at $85.6B as of March 2025, with loans growing 4% YoY, driven by mortgage and commercial segments.

• Deposits increased 2.5% to $49.6B, with time deposits showing notable growth.

• Long-term funding primarily from local UF bonds and international issuances; short-term funding via Miami branch commercial paper.

• CET1 capital ratio at 11.03%, exceeding regulatory requirements; liquidity ratios (LCR 165.6%, NSFR 104.2%) remain strong.