BLADEX ANNOUNCES 2Q25 NET PROFIT OF $64.2 MILLION, OR $1.73 PER SHARE, RESULTING IN AN ANNUALIZED RETURN ON EQUITY OF 18.5%

PANAMA CITY, Aug. 4, 2025 /PRNewswire/ — Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX, “, Bladex”, , or “, the Bank”, )), a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Second Quarter (“2Q25”) and six months (“6M25”) ended June 30, 2025.

The consolidated financial information in this document has been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).           

Financial & Business Highlights

• Improved profitability, with Net Profits reaching $64.2 million in 2Q25 (+28% YoY) and $115.9 million in 6M25 (+14% YoY), fostered by strong top-line revenues, with stable credit provisions and greater efficiency.
• Annualized Return on Equity (“ROE”) increased to 18.5% in 2Q25 (+222bps YoY) and 17.0% in 6M25 (+47bps YoY), on the back of stronger income growth and the strengthening of the Bank’s business model and successful execution of its strategy.
• Net Interest Income (“NII”) increased to a record-high of $67.7 million in 2Q25 (+8% YoY) and $133.0 million in 6M25 (+6% YoY), mainly driven by higher average business volumes and margin stability. Consequently, Net Interest Margin (“NIM”) stood at 2.36% for 2Q25 (-7bps YoY) and 6M25 (-9bps YoY), in the face of increased USD market liquidity driving competitive pricing.
• Record Fee Income at $19.9 million for 2Q25 (+59% YoY) and $30.5 million for 6M25 (+39% YoY), driven by the strong performance in all business lines, highlighted by the Bank’s largest ever structured transaction and higher fees from letters of credit and credit commitments.
• Well-managed Efficiency Ratio of 23.1% for 2Q25 and 24.9% in 6M25, as revenue growth overcompensated the ongoing investments in technology, modernization and other business initiatives related to the Bank’s strategy execution.
• Credit Portfolio reached new all-time high at $12,182 million as of June 30, 2025 (+18% YoY), resulting from:
  • Commercial Portfolio EoP balances reaching an historic peak of $10,819 million at the end of 2Q25 (+18% YoY), driven by higher off-balance sheet business (+25% YoY), supported by strong credit demand across all business products.
  • Investment Portfolio amounted to $1,363 million (+20% YoY), mostly consisting of investment-grade securities outside of Latin America held at amortized cost, further enhancing country and credit-risk diversification and providing contingent liquidity funding.
• Healthy asset quality, with most of the credit portfolio (97.9%) remaining low risk or Stage 1 at the end of 2Q25. Impaired credits or Stage 3 principal balance totaled $19 million or 0.2% of total Credit Portfolio, with a robust reserve coverage of 5.1x.
• Steady growth of the Bank’s deposit base, reaching $6,446 million at the end of 2Q25 (+23% YoY), representing a new all-time high, and 62% of the Bank’s total funding sources (+4pp YoY). The Bank also counts on ample and constant access to interbank and debt capital markets, denoted by its most recent $4 billion MXN bond issuance in the Mexican capital market.
• Strong Liquidity position at $1,959 million, or 15.5% of total assets as of June 30, 2025, mostly consisting of deposits placed with the Federal Reserve Bank of New York (96%).
• The Bank´s Tier 1 Basel III Capital and Regulatory Capital Adequacy Ratios stood at 15.0% and 13.9%, respectively, enhanced by strong earnings generation and within the Bank’s risk appetite.
• Quarterly dividend payment: The Board of Directors approved a quarterly common dividend of $0.625 per share corresponding to 2Q25. The cash dividend will be paid on September 3, 2025, to shareholders registered as of August 15, 2025.

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