Banco Mundo Mujer reports 4.44 percent profit decline in first quarter

Banco Mundo Mujer posted a net profit of 25.94 billion pesos in the first quarter of 2026. The figure marks a 4.44 percent drop from the same period last year.

The bank's total operational income reached 306.21 billion pesos, reflecting 28.9 percent growth from 238.05 billion pesos recorded in the first quarter of 2025.

The drop in net profit was attributed mainly to a 72.9 percent rise in the tax burden compared with the final quarter of 2025. Income tax payments increased from 16.48 billion pesos to 28.49 billion pesos.

The gross loan portfolio exceeded 3 trillion pesos, with microcredit accounting for 74.8 percent of the total portfolio. Interest income from the credit portfolio totaled 251.68 billion pesos, while financial expenses stood at 51.84 billion pesos.

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Illustration of Mexico's economy showing GDP contraction with charts and Mexico City skyline
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Mexico economy contracts 0.6 percent in first quarter of 2026

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Mexico's gross domestic product fell 0.6 percent in the first quarter compared with the prior period, according to final Inegi data released Friday. The contraction was smaller than expected and revives debate over possible further rate cuts by Banxico.

In its latest monthly update, Colombia's Banco de la República reported accumulated profits of $2.55 trillion through March 2026—a 43% drop from $4.43 trillion in March 2025. This continues a downward trend following February's 8.49% decline to $2.67 trillion (part of our ongoing Banco de la República Profits Reports series). Assets, equity, and reserves also fell.

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Banco do Brasil reported an adjusted net profit of R$3.4 billion for the first quarter of 2026 on Wednesday. The result marks a 54% drop from the same period last year and came in below market forecasts. Rising defaults in agribusiness drove higher provisions and prompted the bank to lower its full-year profit guidance.

Deutsche Bank reported a first-quarter net profit of 1.9 billion euros, up about eight percent from the previous year and beating analyst expectations. CEO Christian Sewing praised the results as a strong start to the new strategy phase. Shares dropped more than two percent anyway.

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RBL Bank announced a threefold increase in its fourth-quarter net profit, reaching Rs 230 crore, up 233% from the previous year. The growth came from strong business expansion and better asset quality, even as net interest margins dipped. Net advances rose 23% year-on-year, led by the retail segment.

Co-op Bank reported a profit of Ksh11.37 billion for the first quarter of 2026. The bank called the result its best-ever performance in any single quarter.

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The latest Relevamiento de Expectativas de Mercado (REM) from the Banco Central has raised inflation expectations for March and the rest of 2026. Consultancies forecast 3.0% for March, with an annual projection of 29.1%. They also updated estimates for the dollar, GDP, and unemployment.

 

 

 

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