Solid financial performance with a ROAE2 of 23.0% in 3M263 and profit growth of 7.0% in the quarter, in an environment of lower inflation.
As of March 31, 2026, net income attributable to shareholders totalled $273 billion ($1.45 per share and US$0.63 per ADR). Compared to the prior quarter (4Q25), net income attributable to shareholders increased 7.0% QoQ4, primarily due to higher financial transaction and fee income, as well as lower other expenses, partially offset by a weaker margin due to a lower inflation environment. As a result, ROAE increased from 21.9% in 4Q25 to 23.0% in 1Q265.
Compared to the same period of the previous year, net income attributable to shareholders showed a slight decrease of 1.7%, and ROAE was 25.7% in 3M256 versus 23.0% in 3M26, mainly due to the impact of lower inflation on the readjustment income line (margin), as the UF variation was 0.3% in 3M26 compared to 1.2% in 3M25. This was offset by a 4.5% YoY7 in commissions, higher results from financial transactions, and good expense control.
Furthermore, at the shareholders' meeting in April 2026, it was agreed to distribute 60% of the 2025 profits as cash dividends. This represents a dividend of $3.35 per share with a yield of 4.5% (as of the date of approval). The Bank maintains a solid CET1 ratio8 of 10.9% with a BIS ratio9 of 16.4% as of the end of March 2026.
The expansion of the customer base continues, with total customers increasing by 9.7%YoY. Our strategy of strengthening digital products has led to continuous growth in our customer base, reaching almost 4.8 million customers, of which 2.7 million are active customers.
The Bank's market share in ...
