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Banco de Chile

NYSE•BCH
CEO: Mr. Hernan Buchi Buc
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2002-08-02
Banco de Chile, together with its subsidiaries, provides various banking services to customers in Chile. The company offers checking and debit accounts, debit and credit cards, and lines of credit; mortgage, consume, commercial, general purpose mortgage loans, and finance leases; and factoring services, mutual fund management, stock brokerage, foreign trade, payments and collections, insurance brokerage, including life and general insurance, as well as time deposits, savings instruments, and foreign currency services through branches under the Banco de Chile and Banco Edwards brands. It also provides working capital loans, corporate credit cards, foreign currency brokerage, leasing and long-term syndicated loans, advisory services for mergers acquisitions and debt restructuring; cash management services, including payment and collection services; and international fund transfer networks, current account and deposit products, fund administration, and treasury management. In addition, the company offers insurance brokerage, derivative contracts, transactional banking, financial risks coverage, representation and asset custody, investment banking and management, capital markets products, foreign exchange transactions; and advisory services for initial public offerings, capital increases, sales and purchases of blocks of shares, private capital placements, public share tenders, company valuations, bond issuances, and syndicated loans services. Further, it provides foreign exchange brokerage, forward contracts, interest rate swaps, repurchase agreements, and other investment products based on bonds, mortgage bonds and deposits. The company serves individuals, small and medium-sized companies, corporate clients, and large companies, real estate and construction, and high net worth family office customers. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.
Contact Information
Ahumada 251, Santiago, Chile
56-22-653-1111
portales.bancochile.cl
Market Cap
$20.29B
P/E (TTM)
16.2
13.6
Dividend Yield
5.5%
52W High
$46.77
52W Low
$27.08
52W Range
67%
Rank52Top 73.5%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$1.18B+0.00%
4-Quarter Trend

EPS

$0.62+0.00%
4-Quarter Trend

FCF

-$220.06M+0.00%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Net Interest Income Growth NII grew 12.6% to Ch$ 2.16B, offsetting a 9.1% drop in IFRS Net Income to Ch$ 1.25B for the year.
Loan Portfolio Expanded Modestly Total loans reached Ch$ 38.88T (3.4% nominal growth), driven primarily by retail mortgage and consumer lending segments.
Robust Capital Adequacy Maintained CET1 Ratio reached 14.4% (Chilean GAAP), well above minimum requirements, reflecting a strong capital base.
Fee Income Showed Positive Growth Net fees and commissions increased 4.0% to Ch$ 556M, supported by strong growth in mutual funds management subsidiary.

Risk Factors

Retail Credit Quality Deterioration Past-due loan ratio rose to 1.60% (IFRS), driven by consumer and SME segments facing higher borrowing costs and economic pressure.
Chilean Economic Uncertainty Persists Slowed GDP growth, high interest rates, and political uncertainty continue to pressure loan demand and asset quality indicators.
Loan Loss Coverage Ratio Decreased IFRS coverage ratio fell to 111.41% (from 119.97%), reflecting increased provisioning needs relative to loan growth.
Increased Compliance Costs Expected New Chilean regulations on ESG disclosure and data privacy may increase operating expenses and compliance burdens going forward.

Outlook

Interest Rate Path Impacts NIM Central Bank's easing cycle may temper short-term interest income, but inflation convergence remains uncertain for NIM stability.
Focus on Profitable Retail Growth Strategy emphasizes expanding profitable personal banking loans via digital channels while maintaining prudent underwriting standards.
Continued Digital Transformation Spending Capital expenditures heavily focused on IT (79.4% of 2025 budget) to enhance efficiency and customer experience across segments.
Cautious Credit Quality Monitoring Expect continued pressure on retail credit quality due to economic cycle exposure, requiring ongoing improved scoring models.

Peer Comparison

Revenue (TTM)

FITB stock ticker logoFITB
$13.66B
+6.0%
KEY stock ticker logoKEY
$11.22B
+23.1%
RF stock ticker logoRF
$9.62B
+2.3%

Gross Margin (Latest Quarter)

BSAC stock ticker logoBSAC
100.0%
+5.8pp
WF stock ticker logoWF
100.0%
+57.5pp
FHN stock ticker logoFHN
100.0%
+9.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
FITB$48.42B20.38.9%6.7%
RF$24.98B11.411.8%3.9%
KEY$24.61B12.69.7%9.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.8%
Moderate Growth
4Q Net Income CAGR
-0.8%
Stable Profitability
Cash Flow Stability
25%
Cash Flow Needs Attention

Deep Research

Next earnings:Jul 30, 2026
|
EPS:$0.71
|
Revenue:$914.84M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data