AllAnalyst Report
logoMorningstarFebruary 21, 2024

Banco de Chile: Banco de Chile Earnings: Strong Results Benefited From High Inflation Adjustment Income

Symbols
BCH
Sector(s)
Financial Services
Rating
Current Price
$22.20
Fair Value
Economic Moat
Stewardship
Summary

Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking

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