2Q26 calendar: momentum building across the Andean banks: Earnings Preview

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2Q26 calendar: momentum building across the Andean banks: Earnings Preview

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Andean Banks

2Q26 calendar: momentum building across

the Andean banks

Earnings Preview

2Q26 earnings calendar 16 July 2026

We publish our 2Q26 earnings calendar for the 8 Andean banks under our coverage. Equity

Chilean banks to kick-off on July 30th, while BAP to end on Aug 13th. Latin America

Banks

Chilean banks: mind Kast’s mega-bill

Ernesto Gabilondo >>

Chilean banks reported earnings above our expectations, driven by strong NII growth Research Analyst

supported by higher inflation, disciplined operating expense control, and lower provision Merrill Lynch (Mexico)

+52 55 5201 3428

charges. BCH delivered the standout performance, with earnings well above both our ernesto.gabilondo@bofa.com

estimates and market consensus, followed by BCI. BSAC also exceeded our expectations, Mario Pierry

although results were broadly in line with consensus estimates. Lastly, the government Research Analyst

BofAS

is expected to push for final approval of Kast’s mega-reform before the July 16 holiday. +1 646 743 0047

If approved, we see additional upside risk to our earnings forecasts. mario.pierry@bofa.com

Antonio Ruette >>

Peruvian banks: Still too early for “El Niño” ResearchMerrill LynchAnalyst(Brazil)

We expect BAP to post NI of S$1.9bn (+5% YoY) mainly driven by positive revenue +55antonio.ruette@bofa.com11 2188 4225

generation. Meanwhile, we expect upside risks to our IFS’ NI forecast of S$556mn (-8% Augusto Uehara >>

YoY) supported by greater fee income generation and lower operating costs. We believe Research Analyst

is too early to anticipate to a potential impact of a strong El Niño, and it would be more Merrill+55 11Lynch2188 (Brazil)4651