Banco De Chile (NYSE:BCH – Get Free Report) posted its quarterly earnings data on Friday. The bank reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19, Zacks reports. Banco De Chile had a return on equity of 21.10% and a net margin of 31.01%. The business had revenue of $778.47 million for the quarter, compared to analyst estimates of $778.06 million.
Banco De Chile Price Performance
Shares of NYSE:BCH traded down $1.58 on Friday, reaching $36.69. 586,611 shares of the company were exchanged, compared to its average volume of 406,639. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.94. Banco De Chile has a 1-year low of $33.60 and a 1-year high of $46.77. The company has a 50-day moving average of $40.42 and a 200-day moving average of $40.03. The firm has a market cap of $18.53 billion, a price-to-earnings ratio of 13.90 and a beta of 0.20.
Key Banco De Chile News
Here are the key news stories impacting Banco De Chile this week:
- Positive Sentiment: Third-quarter revenue was broadly in line with expectations at approximately $777.5 million to $778.5 million, while one reported EPS figure of $0.85 exceeded the $0.66 consensus estimate. Banco de Chile also maintained strong profitability, with a 31.01% net margin and 21.10% return on equity. Banco de Chile Q3 Earnings Fall, Operating Revenue Rises
- Neutral Sentiment: The company filed its September 30, 2026 interim financial statements on Form 6-K, providing investors with the quarter’s detailed financial disclosures. Banco de Chile Files September 30, 2026 Interim Financials
- Neutral Sentiment: Banco de Chile announced that its long-serving CEO will transition out in April 2027 as part of a planned succession. The orderly timing reduces disruption risk, although investors may monitor the successor and future strategy. Banco de Chile Sets April 2027 CEO Transition
- Negative Sentiment: Despite higher operating revenue, quarterly earnings fell as credit costs increased, highlighting potential deterioration in loan quality or higher provisioning needs. A separate earnings flash reported EPS of $0.58 per ADS, indicating that reported per-share figures may vary by presentation and reinforcing the mixed interpretation of the results. Banco de Chile Posts Higher Revenues but Rising Credit Costs
Analyst Ratings Changes
A number of analysts recently weighed in on BCH shares. Wall Street Zen cut shares of Banco De Chile from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings downgraded shares of Banco De Chile from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 9th. Finally, JPMorgan Chase & Co. lowered their price target on Banco De Chile from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $39.67.
View Our Latest Stock Analysis on Banco De Chile
About Banco De Chile
Banco de Chile is a full-service commercial bank headquartered in Santiago, Chile. Founded in 1893, it is one of the country’s longstanding financial institutions and provides banking services to individuals, businesses, corporations and institutional clients throughout Chile.
The bank offers a broad range of products and services, including checking and savings accounts, consumer and commercial loans, mortgages, credit and debit cards, payment services, foreign-exchange transactions, investment products and financial advisory services.
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