Sales Boom, Profits Stall as Margin Squeeze Hits Latin America

Latin America · Earnings Key Facts —Credit milestone. Santander Mexico’s loan book crossed a record MXN 1 trillion in the first half of 2026. —Profit drop. Despite the record portfolio, Santander Mexico’s net income fell 3 percent year-on-year in the second quarter. —Sales surge. Coca-Cola Andina, a major Latin American bottler, posted an 11.1 percent…