AllAnalyst Report
logoMorningstarJanuary 06, 2021

Banco de Chile: Banco de Chile's Position Slips, but Moaty Non-Interest Lines and Safe Underwriting Remain Alluring

Symbols
BCH
Sector(s)
Financial Services
Rating
Current Price
$18.10
Fair Value
Economic Moat
Stewardship
Summary

Banco de Chile is one of the largest banks in Chile; it provides banking services to a wide customer base of large corporations, small and medium-size businesses, and individuals. Through its network of roughly 380 branches, the bank offers a diverse set of financial products that includes traditional banking services, investment and mutual funds, insurance, financial advisory, and capital market services.

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Analyst Profile

Eric Compton

Equity Analyst
Eric Compton, CFA, is an equity analyst for Morningstar Research Services LLC, covering the U.S. and Canadian banking sectors, including the U.S. money center banks, U.S. regional banks, and the Big Six Canadian banks.Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of ACE Group. Compton holds a bachelor's degree in applied health science from Wheaton College. He has passed all three levels of the Chartered Financial Analyst® program and holds the Chartered Financial Analyst® designation.