About this work
Bloomberg Línea reports that Latin American banks earned US$ 88.9 billion in 2025, up 31%, according to a Felaban report. Jonathan Fortun of the IIF said net interest margins at large regional banks reached 5.5% versus 3% for emerging market peers excluding China, a gap he called too large to be cyclical. He also said it seems unlikely a 31% profit rise will repeat, with the IIF expecting profits to normalize.