Private banks

Banco Machala

Balance sheet and official indicators reported to the Superintendencia de Bancos, as of July 31, 2026. The figures are the regulator's bulletin's: this profile orders them, it does not produce them.

Risk rating: AAA- / AAA- as of December 2025, by PCR Pacific Credit Rating / Class International Rating, as published by the Superintendencia de Bancos.

RUC: 0790002350001

Assets: $1,324 M
Public deposits: $1,081 M
Loan book: $851.9 M
Period result: $5 M

What its balance sheet is made of

As of July 31, 2026

Where the money is placed

Loan book $851.9 M 64.3%
Investments $152.9 M 11.5%
Available funds $237.8 M 18.0%
Rest of the assets $81.6 M 6.2%

Where it comes from

Sight deposits $567 M 43.0%
Term deposits $467.6 M 35.5%
Financial obligations $94 M 7.1%
Own equity $91.5 M 6.9%
Other liabilities $98.9 M 7.5%

The two bars answer the two questions of any balance sheet. The first, where the money is placed: credit lent out, investments in paper and the cash available to respond immediately. The second, where it comes from: what the public deposits at sight or at term, what the institution owes other institutions and what is its own capital.

The proportion between sight and term says a lot about the funding: term deposits are more stable but cost interest; sight deposits are nearly free but can leave tomorrow. And on the asset side, the more the loan book weighs against the investments, the deeper the balance sheet sits in the business of lending.

So far this year it carries income of $69.2 M against expenses of $64.2 M: that is where the headline result of $5 M comes from.

Who it lends to

Gross loans $886.9 M

Productive $606 M 68.3% Segment delinquency: 1.3%
Consumer $226.7 M 25.6% Segment delinquency: 6.0%
Real estate $45.3 M 5.1% Segment delinquency: 2.2%
Microcredit $8 M 0.9% Segment delinquency: 16.4%
Education $965 k 0.1% Segment delinquency: 2.4%
COVID-19 refinanced and restructured $4.4 k 0.0%

Credit is not one thing: the bulletin breaks it down by segment, each with its risk and its price. Here the productive segment dominates, with 68.3% of the placed loans.

Each segment's delinquency, computed by the supervisor, shows where it gets paid well and where not: productive credit tends to fail little, consumer lending and microcredit more, and that difference is what explains the price each borrower pays.

Gross loans by segment (accounts 14xx of the balance sheet, before provisions): that is why the sum, $886.9 M, differs from the net loan book in the header, $851.9 M.

The official indicators

Computed by the Superintendencia de Bancos

This page does not compute these 15 indicators: the supervisor itself publishes them with its methodology, and here they are ordered the way an analyst reads them, from solvency to liquidity. Each carries its explanation, its formula and its subsystem's aggregate figure alongside, for comparison. None is a grade or a rating: they are photos of one specific month, best read together and in context.

Solvency

Net capitalization index 6.4% The institution’s capital cushion, adjusted for non-earning assets: how much free equity remains per 100 dollars of assets once the unproductive deadweight is discounted. FK ÷ FI, per the supervisor’s methodology · its subsystem as a whole: 9.1%
Nonperforming loans over equity 25.9% How much of the equity would be consumed if the whole damaged loan book proved uncollectible and no provisions existed. It measures how heavily delinquency weighs against own capital. Nonperforming loans ÷ equity · its subsystem as a whole: 22.2%
Equity over immobilized assets 202.2% How many times equity covers the assets that generate no income (delinquency, foreclosed goods, premises). Above 100%, own capital absorbs everything immobilized. (Equity + results) ÷ immobilized assets · its subsystem as a whole: 401.0%

Loan book quality

Total loan delinquency 2.7% Of every 100 dollars lent, how many are past due or have stopped earning interest. It is the most direct measure of loan book quality. Nonperforming loans ÷ gross loans · its subsystem as a whole: 3.1%
Coverage of problem loans 147.9% How much money the institution has provisioned against troubled credits. Above 100% means provisions cover that entire book. Provisions ÷ nonperforming loans · its subsystem as a whole: 213.4%
Earning assets over the total 91.8% How much of the assets generate income (healthy loans and investments) against the part that does not: offices, goods received in payment or loans in arrears. Earning assets ÷ total assets · its subsystem as a whole: 92.4%

Profitability

Return on equity (ROE) 9.3% How much the institution has earned so far this year per 100 dollars of its owners’ or members’ equity. Period result ÷ average equity · its subsystem as a whole: 14.0%
Return on assets (ROA) 0.7% The same measured against everything the institution manages, own or third-party: how much every 100 dollars of assets yields. Period result ÷ average assets · its subsystem as a whole: 1.4%
Intermediation margin over assets 0.6% What the pure business of taking and lending leaves, operating cost already paid, per 100 dollars of assets. It can be negative when operations cost more than the financial margin yields. Estimated intermediation margin ÷ average assets · its subsystem as a whole: 1.2%

Efficiency

Operating cost over margin 85.1% How much of the margin the financial business leaves gets consumed in salaries, offices and technology. Near 100% means operations eat the margin. Operating expenses ÷ financial margin · its subsystem as a whole: 74.5%
Operating cost over assets 3.4% The cost of keeping the institution running, measured against its size: how many dollars of annualized operating expense per 100 of assets. Estimated operating expenses ÷ average assets · its subsystem as a whole: 3.6%
Personnel cost over assets 1.6% The share of that cost that goes to payroll. Compared among institutions of the same size, it shows who runs heavier structures. Estimated personnel expenses ÷ average assets · its subsystem as a whole: 1.1%

Liquidity and funding

Immediate liquidity 32.9% What share of the deposits that can be withdrawn at any moment it could serve today with the cash it has available. Available funds ÷ short-term deposits · its subsystem as a whole: 17.8%
Financial intermediation 85.7% How much of what the institution takes in deposits it has turned into loans. It is the pulse of its trade: gathering savings to lend them. Gross loans ÷ sight and term deposits · its subsystem as a whole: 88.9%
Yield of the performing loan book 10.6% The effective rate the healthy loan book is yielding the institution: the average price at which its credit is placed. Income from performing loans ÷ average performing loans · its subsystem as a whole: 11.1%

The full balance sheet (assets $1,324 M, liabilities $1,228 M, equity $91.5 M) satisfies the bulletin's accounting identity: the period result, $5 M, is exactly assets minus liabilities minus equity.

See the whole financial system, banks and cooperatives side by side

Its historical series

2003–2026

Assets · year-end close (millions)

160

1,324

2003 2007 2011 2015 2019 2026

See the full series

2003: 160
2004: 202
2005: 235
2006: 272
2007: 306
2008: 362
2009: 383
2010: 446
2011: 518
2012: 610
2013: 655
2014: 708
2015: 567
2016: 641
2017: 698
2018: 768
2019: 808
2020: 861
2021: 967
2022: 1,030
2023: 1,110
2024: 1,124
2025: 1,249
2026: 1,324

Public deposits · year-end close (millions)

139

1,081

2003 2007 2011 2015 2019 2026

See the full series

2003: 139
2004: 173
2005: 207
2006: 237
2007: 265
2008: 315
2009: 335
2010: 397
2011: 462
2012: 550
2013: 590
2014: 643
2015: 500
2016: 572
2017: 625
2018: 687
2019: 720
2020: 766
2021: 827
2022: 877
2023: 919
2024: 922
2025: 1,028
2026: 1,081

Loan book · year-end close (millions)

86.4

852

2003 2007 2011 2015 2019 2026

See the full series

2003: 86.4
2004: 108
2005: 137
2006: 169
2007: 178
2008: 189
2009: 202
2010: 233
2011: 300
2012: 330
2013: 345
2014: 368
2015: 330
2016: 355
2017: 423
2018: 471
2019: 501
2020: 509
2021: 555
2022: 621
2023: 690
2024: 721
2025: 795
2026: 852

The three curves together tell the bank's biography: how its size grew, how much of that expansion the public financed with its deposits and how much ended up turned into credit. When the three move in step, the business is the classic one of intermediating; when they part ways, something changed in the model.

Series harmonized by the Superintendencia de Bancos to the current chart of accounts, so the years are comparable with each other.

Where its deposits sit

25 cantons · 241,170 accounts

Machala El Oro $266.9 M
Guayaquil Guayas $233.2 M
Quito Pichincha $76.2 M
Quevedo Los Rios $66.7 M
Cuenca Azuay $52.2 M
Ambato Tungurahua $42.9 M

The Superintendencia's territorial report breaks down each bank's deposits by canton. Banco Machala holds public deposits in 25 cantons, spread across 241,170 accounts; above, the cantons where it holds the most.

Tax status (SRI)

updated September 3, 2026

RUC status: Active

Phantom taxpayer: No
Nonexistent transactions: No

Tax regime: General regime The set of rules under which it files its taxes
Required to keep accounting books: Yes
Withholding agent: Yes When paying third parties, it withholds taxes and remits them to the SRI
Special taxpayer: Yes Designated by the SRI for its size, with additional filing obligations
Start of activities: June 30, 1962

Establishments · 62 registered, 46 open

HEAD OFFICE El Oro / Machala / Machala / 9 de Mayo S/N y Rocafuerte Open
El Oro / Pasaje / Ochoa Leon (Matriz) / Machala S/N y 10 de Agosto Open
El Oro / Machala / Puerto Bolivar / Municipalidad S/N y Apolinario Galvez Open
El Oro / Zaruma / Zaruma / Plaza de la Independencia S/N y Bolivar Open
El Oro / Santa Rosa / Santa Rosa / el Oro S/N y Colón y Sucre Open
Guayas / Guayaquil / Rocafuerte / las Lomas 210 y Victor Emilio Estrada Open
Guayas / Naranjal / Naranjal / Guayaquil S/N y Tarqui Open
Guayas / Guayaquil / Ximena / Pedro Carbo 301 y P Icaza Open
Pichincha / Quito / Rumipamba / Amazonas 3655 y Juan Pablo Sanz Open
Los Rios / Quevedo / Quevedo / Bolívar 408 y Cuarta y Quinta Open
Azuay / Cuenca / San Sebastian / Av Gran Clombia S/N Open
El Oro / Portovelo / Portovelo / Thomás Carrión 201 y Rosa Vivar Open
El Oro / Piñas / Piñas / Sucre S/N y García Moreno y Juan León Mera Open
Azuay / Cuenca / Sucre / Avenida Remigio Crespo S/N y Av. Remigio Romero Open
El Oro / Machala / Machala / Olmedo S/N y Tarqui Open
El Oro / el Guabo / el Guabo / el Ejército S/N y Sucre y General Serrano Open
El Oro / Machala / Machala / el Periodista S/N Open
Azuay / Camilo Ponce Enriquez / Camilo Ponce Enriquez / Calle 4 S/N y Calle D Open
Los Rios / Valencia / Valencia / Jorge Herrera 711 y General Enriquez y 10 de Agost Open
Loja / Loja / Loja / Jose a Eguiguren 1411 y Bolívar y Sucre Open
Guayas / Guayaquil / Guayaquil / Av Rodolfo Baquerizo Nazur S/N y Demetrio Aguilera y Benjamin C Open
Guayas / Milagro / Milagro / Juan Montalvo S/N y 9 de Octubre y Rocafuerte Open
Guayas / el Triunfo / el Triunfo / 8 de Abril 527 Open
El Oro / Huaquillas / Huaquillas / la República S/N y Santa Rosa Open
Guayas / Samborondon / Samborondon / Av Río Guayas 27 y Peatonal Open
El Oro / Atahualpa / Paccha / Diez de Agosto S/N y Jose Ferrín Open
El Oro / Arenillas / Arenillas / Capitán Chiriboga y Jose Joaquín de Olmedo y Calle Open
El Oro / Balsas / Balsas / Padre Guzman y 24 de Mayo y Teodoro Loayza Open
Manabi / Manta / Manta / Av Malecón Jaime Chavez S/N y 13 y 14 Open
Guayas / Guayaquil / Ximena / Av 25 de Julio 0123 y 6Ta Calle Open
El Oro / Machala / Machala / Pichincha S/N y Napoleón Mera Open
Guayas / Guayaquil / Guayaquil / Francisco de P Icaza 423 y General Córdova y a Baquerizo Open
Guayas / Guayaquil / Ayacucho / Francisco de Marcos S/N y Eloy Alfaro Open
Guayas / Guayaquil / Tarqui / Avenida Francisco de Orellana S/N y Av Guillermo Pareja Rolando Open
Guayas / Guayaquil / Tarqui / Carlos Julio Arosemena S/N Open
Guayas / Guayaquil / Tarqui / S/N Open
El Oro / Machala / Machala / Open
Tungurahua / Ambato / Huachi Chico / Av Victor Hugo y Acosta Solis Open
El Oro / Arenillas / Chacras / S/N Open
El Oro / Machala / Machala / S/N Open
Santo Domingo de los Tsachilas / Santo Domingo / Chiguilpe / Avenida Quito S/N y Pallatanga y Punín Open
El Oro / Machala / Machala / Manuel Estomba S/N y Juan Montalvo Open
Guayas / Daule / los Lojas (Enrique Baquerizo Moreno) / S/N Open
El Oro / Machala / la Providencia / Av. la Providencia Open
Pichincha / Quito / la Magdalena / Av Pedro Vicente Maldonado S11 -122 y S11a S11c Open
El Oro / Machala / la Providencia / 10 de Agosto Carrera 9Na Este 1 y 2 y Rocafuerte y 25 de Junio Open
Pichincha / Quito / Quito Distrito Metropolitano / 3 de Noviembre S/N Closed
Guayas / Guayaquil / Rocafuerte / Pedro Icaza 437 Closed
El Oro / Machala / Puerto Bolivar / Recinto Portuario S/N Closed
Pichincha / Quito / la Magdalena / Avenida Maldonado 14 - 205 Closed
Pichincha / Quito / San Juan / Sucre Oe 616 y Benalcazar Closed
Pichincha / Quito / Centro Histórico / Salinas S/N y Bogota Closed
Tungurahua / Ambato / Ambato / Juan Montalvo 319 y Rocafuerte y Bolívar Closed
Azuay / Cuenca / el Sagrario / Cordero 710 y Presidente Cordova Closed
El Oro / Machala / Machala / Av. Paquisha S/N Closed
El Oro / Machala / Machala / 25 de Junio S/N Closed
Guayas / Guayaquil / Tarqui / 47 Closed
Loja / Loja / el Sagrario / Avenida Orillas del Zamora 581 y Avenida Veinticuatro de Mayo Closed
Azuay / Cuenca / el Sagrario / Cordero 710 y Presidente Córdova Closed
Guayas / Guayaquil / Olmedo (San Alejo) / Coronel 812 y Maldonado Closed
Guayas / Guayaquil / Tarqui / Keneddy Norte S/N y Francisco de Orellana Closed
Guayas / Guayaquil / Tarqui / Av Benjamin Carrion y Av de las Americas Closed

Tax status according to the public records of the SRI (Servicio de Rentas Internas, the national tax authority). The risk designations are the SRI’s, not a rating by this site: phantom taxpayer means the SRI considers the company to have no real activity at its declared address, and nonexistent transactions means it invoiced operations the SRI determined never took place.

Where it operates

It has 46 open establishments across 9 provinces, plus 16 closed.

1 21

Provinces with a presence

El Oro head office 21 locations
Guayas 14 locations
Azuay 3 locations
Pichincha 2 locations
Los Rios 2 locations
Loja 1 location
Tungurahua 1 location
Manabi 1 location

The eight with the most locations are listed; the map shows them all.

Establishments declared to the SRI (Servicio de Rentas Internas, the national tax authority), updated 2026-09-03. The location is the province and canton on record, not each site’s exact address.

How to read this profile

Source: the financial bulletin of the Superintendencia de Bancos, as of July 31, 2026. Assets are account 1 of the balance sheet; deposits, obligations with the public (account 21); loans, account 14 (net of provisions; the segment breakdown uses gross 14xx accounts). Indicators are the ones published by the supervisor itself, shown as is; the one comparing equity against immobilized assets is omitted when those assets turn negative and the quotient loses meaning. Balances change every month: this profile updates with each new bulletin.

The RUC matches the SRI's public RUC registry, which is also where the tax status and the establishments come from: they are the institution's fiscal record, distinct from its supervisor's bulletin, which is why they may not say the same. The registry does not publish the special regime, the reason for a suspension or the phantom-taxpayer and nonexistent-transaction designations: those fields are omitted rather than assumed.

Financial information from the public bulletins of Ecuador's superintendencies · where this data comes from