A Year of Growth: Banesco USA Reports Record 2025 Year-End Results

San Juan, Puerto Rico - February 18, 2026 - Banesco USA, a member of the Banesco International financial brand of banks with over $111 billion in assets and serving 7.4 million customers worldwide, announced today its 2025 year-end results, marking a year of strong financial performance, strategic growth, and enhanced value propositions to target clients.

Financial Highlights as of 2025 Year-End:

• Net Income: $57 million, representing a 32% increase compared to prior year.
• Asset Growth: Total assets of $5.5 billion, equivalent to an asset growth of 24% or $1.1 billion compared with 2024 year-end, driven by strong market performance and effective client acquisition strategy.
• Loan Growth: 17% with respect to 2024 year-end, reflecting strong demand across business, commercial and corporate banking segments in Florida and Puerto Rico.
• Deposit Growth: Total deposits increased by 27% with respect to 2024 year-end.
• Banesco reached the $1 Billion customer deposit milestone in Puerto Rico during the second quarter of 2025.
• Strong Ratings:
  1. KBRA, a full-service credit rating agency, revised the bank's Outlook for all long-term ratings to Positive. KBRA affirmed the deposit and senior unsecured debt ratings of BBB, the subordinated debt rating of BBB-, and the short-term deposit and debt ratings of K3.
  2. BauerFinancial, an independent firm that evaluates financial condition of U.S. banks and credit unions since 1983, granted Banesco USA its highest 5-star rating for its superior financial strength and stability, based on a rigorous, objective analysis of financial data filed with federal regulators.

"Our year-end 2025 results reflect not only strong financial performance but also the disciplined execution of a strategy centered on sustainable growth, strategic acquisitions, and an unwavering commitment to our clients. As we expand our footprint, enhance product offerings, and onboard new clients, we remain focused on delivering the personalized service that defines our relationship banking model and sets us apart. As we look ahead to 2026, we do so with a strong sense of optimism grounded in the solid performance of our operations and the clarity of our strategic direction. We see meaningful new business opportunities on the horizon and remain focused on executing our strategy with discipline and purpose. Most importantly, we have the best talent in the industry, whose expertise and commitment position us to continue delivering exceptional results in the year ahead," expressed Calixto (Cali) García-Vélez, President and CEO of Banesco USA.

Throughout 2025, Banesco delivered on its strategic priorities, including:

• Digital Transformation: Enhancements to the Cash Management, Online and Mobile banking platforms, creating a more intuitive and personalized digital banking experience, improving user engagement and operational efficiency to end users.
• Targeted growth: Expansion in two high-potential markets: Broward and Tampa, both in Florida.
• New Line of Business: Acquisition of the SBA lending business and approximately $95 million in SBA loan balances, allowing Banesco USA to enter the small business lending space nationwide.
• Community Support: Outstanding impact on the communities through the Emergency Capital Investment Program (ECIP). As of 2025 Year-End, Banesco USA reported a total of $3.8 Billion in ECIP loans supporting businesses and borrowers located in underserved or minority communities in South Florida and Puerto Rico.
• Community Contributions: A total of 50 organizations across South Florida and Puerto Rico were awarded funding to provide affordable housing, educational programs, social services, and economic development initiatives to underserved communities.

In addition, the operation of Banesco in Puerto Rico surpassed expectations by achieving loan and deposit growth of 26% and 62%, respectively, over the twelve-month period ending in December 2025. Banesco granted $370 million in ECIP loans in Puerto Rico during 2025.

"These positive results reflect the dedication of our team in Puerto Rico and the trust our clients continue to place in us. Through disciplined execution, close collaboration, and a deep understanding of our local market, we were able to drive meaningful growth while maintaining the high level of service our clients expect. This performance reinforces our commitment to delivering value to our communities and sustaining momentum for the periods ahead," said Maritza Abadía, President of Banesco USA in Puerto Rico.

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About Banesco USA

Banesco USA, founded in 2006 and headquartered in Miami, is an independent Florida state-chartered bank with $5.5 billion assets as of December 31, 2025, and operates six banking centers across South Florida and Puerto Rico. Following a recent acquisition, Banesco USA has significantly enhanced its capabilities. The bank now features an expanded SBA lending platform with a presence in the Greater Tampa Bay region, boosting its capacity to offer specialized SBA loans nationwide. Banesco USA continues to proudly serve its core clients-the commercial real estate sector and small to middle-market businesses-supported by Loan and Deposit Production Offices in Palm Beach and Broward counties. The bank services domestic and international clients and operating companies with a suite of products and services delivered with personalized attention to support their financial journeys. For more information, please visit banescousa.com.