Quarterly ResultOct 28, 2026, 05:31 PM
Bladex Q3 Profit Up 15% to $63.2M on Record NII
AI Summary
Bladex, Inc. announced its financial results for the third quarter and nine months ended September 30, 2026. The bank reported a net profit of $63.2 million for Q3 2026, marking a 15% increase year-over-year, driven by record Net Interest Income (NII) of $79.8 million and solid fee generation. Total revenues increased by 20% YoY to $99.1 million. The Credit Portfolio expanded significantly by 35% YoY to $16,584 million, while the deposit base also reached a record $7,912 million. The bank maintained a well-managed Efficiency Ratio of 25.8% and strong capital adequacy ratios.
Key Highlights
- Bladex reported Q3 2026 net profit of $63.2 million, a 15% increase year-over-year.
- Net Interest Income (NII) reached a record $79.8 million in Q3 2026, up 18% YoY.
- Total revenues were $99.1 million in Q3 2026, a 20% increase year-over-year.
- The Credit Portfolio grew 35% YoY to $16,584 million as of September 30, 2026.
- Fees and non-interest income were strong at $19.3 million in Q3 2026, up 26% YoY.
- Adjusted Return on Equity stood at 15.0% in Q3 2026.
- Efficiency Ratio was 25.8% in Q3 2026, reflecting cost discipline.
- Deposit base reached a record $7,912 million at the end of Q3 2026, up 16% YoY.
Price Impact
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