San Luis Potosí Faces Sharp Increase in Business Delinquency in 2026

Past-due loans refer to credits for which payments have accumulated enough arrears for a financial institution to classify them as overdue.

The Delinquency Index, known as IMOR, indicates the percentage of the total loan portfolio that is past-due. It is calculated by dividing the past-due loan portfolio by the total loan portfolio and multiplying the result by one hundred.

During the second quarter of 2025, the combined index for the three productive sectors was 0.76%. By the same period in 2026, it reached 2.20%. This represents an increase of 1.44 percentage points.

Banxico classifies financing based on the borrower’s primary economic activity. However, the data reflects the evolution of past-due loans to productive sectors, not the number of delinquent companies.

Business Delinquency in San Luis Potosí Outpaces Credit Growth

The total loan portfolio for the agricultural, industrial, and service sectors reached 50,305.6 million pesos during April-June 2026. One year prior, it amounted to 45,247.2 million pesos, indicating an annual financing growth of 11.2%.

Meanwhile, the past-due loan portfolio increased from 342.8 to 1,108 million pesos.

Thus, for every one hundred pesos financed to these activities, 2.20 pesos were classified as past-due by the end of the second quarter of 2026.

Past-Due Portfolio Exceeds One Billion Pesos in 2026

The past-due portfolio for the three sectors increased for four consecutive quarters. Between April-June and July-September 2025, the balance rose from 342.8 to 483.1 million pesos. It subsequently reached 710.5 million pesos in the last quarter of that year. The amount hit 769.6 million between January and March 2026, finally surpassing one billion pesos during April-June.

Services Accumulates 489.8 Million in Past-Due Portfolio

The services and other activities sector recorded the highest past-due balance during the second quarter of 2026, amounting to 489.8 million pesos, compared to 173.4 million observed a year earlier, a 182.4% year-over-year variation. Furthermore, the total services portfolio grew by 10.1% to reach 20,988.7 million pesos. The sector’s delinquency index rose from 0.91% to 2.33%.

Industry Doubles Its Past-Due Portfolio in One Year

The past-due portfolio for San Luis Potosí’s industrial sector increased from 159 to 305.3 million pesos, a 92.1% annual rise. Concurrently, the total industrial portfolio grew by 12.8%, from 24,853.5 to 28,031.5 million pesos. Consequently, its delinquency index rose from 0.64% to 1.09%.

Agricultural Sector Reaches a Delinquency Rate of 24.33%

The largest percentage increase occurred in the agricultural, forestry, and fishing sector. Its past-due portfolio surged from 10.4 to 312.8 million pesos between the second quarter of 2025 and the same period in 2026, marking a 2,914.6% annual variation. In contrast, the total agricultural portfolio decreased by 3.1%, with the balance dropping from 1,326.8 to 1,285.4 million pesos. As an arithmetic result of these figures, the sector’s IMOR increased from 0.78% to 24.33%.

Public information does not specify the number of loans behind the balance, nor does it allow us to know if the amount corresponds to one or several borrowers.

National Past-Due Portfolio Increases by 16.6%

Nationally, the sum of the same three productive sectors showed a smaller growth. The past-due portfolio rose from 64,171.5 to 74,826.9 million pesos, representing a 16.6% annual increase. Additionally, the national total productive portfolio grew by 5.1% to reach 3.74 trillion pesos. The national IMOR increased from 1.80% to 2.00%.

Another analysis by ITESO’s Business School reported that the total past-due portfolio of Mexican commercial banks grew by 20.6% annually during the first quarter of 2026. In that period, credit granted by commercial banks registered an annual growth of 4.8%.

You may also be interested in: https://www.liderempresarial.com/expectativas-crecimiento-san-luis-potosi-coparmex-2026/

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