2Q26 earnings calendar: loan engines reignite, earnings stay in check

研报英文原文证据摘录

2Q26 earnings calendar: loan engines reignite, earnings stay in check

Accessible version

Banks - Mexico

2Q26 earnings calendar: loan engines

reignite, earnings stay in check

Industry Overview

Mexican Financials 2Q26 earnings calendar 10 July 2026

We provide our 2Q26 earnings calendar for the Mexican financials under our coverage. Equity

Banorte, Bolsa, and Qualitas will kick-off the earnings season on July 21, and Bajío to Mexico

close them on July 29. Financial Services

Banks: Better lending dynamics but still modest NI growth MarioResearchPierryAnalyst

Mex banks should post single-digit loan growth (although at a higher pace when BofAS +1 646 743 0047

compared to 1Q26 and some with positive surprises like Bajio) and mixed revenue mario.pierry@bofa.com

generation. CNBV data as of April indicated stronger 2Q26 results for Banorte and Bajio, Ernesto Gabilondo >>

while weaker for the rest of the banks. Nonetheless, including May and June data, we Research Analyst Merrill Lynch (Mexico)

expect Gentera to meet expectations, dissipating recent investors’ concerns on earnings, +52 55 5201 3428

although we should continue to monitor the evolution on asset quat quality. ernesto.gabilondo@bofa.com

Antonio Ruette >>

• Banorte: we anticipate modest earnings growth but meeting expectations Research Analyst

Merrill Lynch (Brazil)

• Regional: downside risks to earnings on softer revenue +55 11 2188 4225

• Bajío: upside risks to our NI forecast; NII likely reaching an inflection point antonio.ruette@bofa.com

• Inbursa: lower NI vs. BofA pressured by weak revenues and provisions Augusto Uehara >>

Research Analyst

• Gentera: despite April’s concern, it is poised to meet 2Q26 earnings Merrill Lynch (Brazil)

expectations +55 11 2188 4651 augusto.uehara@bofa.com