Logo

BCH

Banco de Chile

BCH

Banco de Chile • NYSE
$37.78 ▲ 1.15% (+0.43)
Market Cap $19.08 B
52w High $38.00
52w Low $22.06
Dividend Yield 2.10%
P/E 13.94
Volume 109.98K
Outstanding Shares 505.09M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $656.123B ▼ $511.868B ▲ $292.914B ▼ 44.643% ▲ $580 ▼ $379.777B ▼
Q2-2025 $1.006T ▼ $276.125B ▼ $304.867B ▼ 30.292% ▼ $604 ▼ $409.022B ▼
Q1-2025 $1.012T ▼ $278.14B ▼ $328.944B ▼ 32.515% ▲ $652 ▲ $431.621B ▼
Q4-2024 $1.487T ▲ $282.963B ▲ $339.15B ▲ 22.8% ▼ $590 ▲ $451.64B ▲
Q3-2024 $988.687B $270.584B $288.071B 29.137% $570 $391.714B

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $5.853T ▼ $55.47T ▲ $49.789T ▲ $5.682T ▲
Q2-2025 $6.049T ▲ $53.321T ▼ $47.754T ▼ $5.567T ▲
Q1-2025 $5.692T ▲ $53.77T ▲ $48.375T ▲ $5.395T ▼
Q4-2024 $5.137T ▲ $52.056T ▲ $45.551T ▼ $6.505T ▲
Q3-2024 $3.604T $51.688T $46.213T $5.475T

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $292.914B ▼ $0 ▼ $0 ▲ $0 ▼ $-5.52T ▼ $0 ▼
Q2-2025 $304.867B ▼ $463.858B ▼ $-10.407B ▲ $161.707B ▲ $586.95B ▲ $449.203B ▼
Q1-2025 $328.944B ▲ $1.303T ▲ $-15.601B ▼ $-805.695B ▼ $443.381B ▼ $1.284T ▲
Q4-2024 $298.066B ▼ $499.266B ▲ $-8.259B ▲ $132.574B ▲ $748.468B ▲ $495.013B ▲
Q3-2024 $532.832B $-382.083B $-16.249B $-17.933B $-489.091B $-399.036B

Five-Year Company Overview

Income Statement

Income Statement Banco de Chile’s income statement shows a bank that is consistently profitable, but with earnings that can swing from year to year. Revenue and profits stepped up sharply after the pandemic period and have stayed at clearly higher levels than a few years ago, even though there has been some cooling off from the recent peak. Margins remain healthy, and the bank continues to turn a solid share of its revenue into operating profit and net income. The main watchpoint is the volatility in revenue and earnings, which reflects both interest rate cycles and broader conditions in the Chilean economy.

Balance Sheet

Balance Sheet The balance sheet looks sturdy, with total assets gradually expanding over time and shareholders’ equity building up compared with earlier years. Debt levels have been relatively stable, suggesting the bank is not aggressively levering up to grow. Cash and liquid holdings have moved around, but not in a way that suggests stress; this is common for a bank as it shifts its funding mix and loan book. Overall, the picture is of a well‑capitalized institution with room to absorb shocks and comply comfortably with regulatory capital demands.

Cash Flow

Cash Flow Cash flow has been more volatile than earnings, which is typical for a bank because customer deposits, loans, and securities flows can swing year to year. There was a period of very strong operating cash generation followed by a year with negative operating cash, then a rebound, and most recently a step down from those highs but still positive. Free cash flow generally tracks this pattern and remains positive in most years, helped by relatively modest investment spending needs. The key takeaway is that cash generation is lumpy but broadly sound, not driven by heavy capital spending but by the core banking activity and balance‑sheet movements.

Competitive Edge

Competitive Edge Banco de Chile holds a leading position in its home market, with strong brand recognition and meaningful shares in core segments like demand deposits and both commercial and consumer lending. It is often among the most profitable banks in the country and is known for conservative risk management, which supports relatively good asset quality. Its strong capital ratios and focus on efficiency give it a cost and resilience advantage versus many peers. The main competitive risks are a slow‑growing loan market, increasing digital competition from fintechs and other banks, and sensitivity to Chile’s economic and political backdrop.

Innovation and R&D

Innovation and R&D The bank is clearly leaning into digital innovation rather than defending an old‑style branch model. It has built a full ecosystem of mobile apps, digital onboarding, and AI‑enabled tools that personalize services and speed up processes, especially for SMEs and retail clients. Partnerships with fintech firms, like those in foreign exchange technology, show it is willing to plug in external capabilities instead of trying to build everything in‑house. Inclusive products such as the FAN digital accounts broaden its reach to underbanked customers and deepen cross‑selling, while its omni‑channel strategy and sustainability focus aim to keep it relevant as regulations, open finance, and possibly central bank digital currencies reshape the market.

Summary

Banco de Chile comes across as a mature, well‑run regional bank with a strong franchise in Chile, healthy profitability, and a solid capital base. Earnings and cash flows are higher than in the past but can be quite variable, reflecting interest‑rate cycles and credit conditions rather than structural weakness. Its competitive edge rests on scale, brand, prudent risk management, and ongoing efficiency improvements, all supported by an active digital and fintech strategy. Key uncertainties to watch include the pace of loan growth in a relatively subdued economy, regulatory changes tied to fintech and open finance, and continued pressure from digital‑only competitors, but the bank appears strategically aware of these challenges and is investing to address them.