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Banco de Chile

BCH

(2.0)
Stock Price

24,56 USD

2.19% ROA

25.08% ROE

8.38x PER

Market Cap.

10.098.962.439.300,00 USD

210.88% DER

9.47% Yield

36.67% NPM

Banco de Chile Stock Analysis

Banco de Chile Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Banco de Chile Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (24.76%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ROA (2.19%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

3 PBV

The stock's PBV ratio (1.91x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

5 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

6 Dividend

The company's history of regular dividend distributions in the last three years showcases its ability to generate reliable income for shareholders.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (58.183) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 DER

The company has a high debt to equity ratio (211%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

Banco de Chile Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Banco de Chile Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Banco de Chile Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Banco de Chile Revenue
Year Revenue Growth
2000 263.158.559.619
2001 275.984.136.341 4.65%
2002 490.634.009.100 43.75%
2003 488.703.923.040 -0.39%
2004 546.666.671.040 10.6%
2005 577.616.891.260 5.36%
2006 635.059.634.153 9.05%
2007 752.295.819.562 15.58%
2008 1.097.480.000.000 31.45%
2009 515.716.893 -212706.68%
2010 1.164.397.000.000 99.96%
2011 1.223.782.000.000 4.85%
2012 1.342.039.000.000 8.81%
2013 1.451.352.000.000 7.53%
2014 1.642.984.000.000 11.66%
2015 1.646.355.000.000 0.2%
2016 1.728.827.000.000 4.77%
2017 1.684.492.000.000 -2.63%
2018 1.873.283.000.000 10.08%
2019 1.999.854.000.000 6.33%
2020 1.921.443.000.000 -4.08%
2021 2.211.149.000.000 13.1%
2022 3.089.998.000.000 28.44%
2023 2.705.912.000.000 -14.19%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Banco de Chile Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Banco de Chile General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 72.775.043.509
2001 71.841.374.457 -1.3%
2002 134.005.764.600 46.39%
2003 125.445.897.520 -6.82%
2004 136.111.112.200 7.84%
2005 150.828.012.738 9.76%
2006 157.381.788.206 4.16%
2007 192.858.068.454 18.4%
2008 483.902.000.000 60.15%
2009 215.117.199 -224848.08%
2010 470.406.000.000 99.95%
2011 546.910.000.000 13.99%
2012 559.524.000.000 2.25%
2013 534.602.000.000 -4.66%
2014 614.267.000.000 12.97%
2015 671.362.000.000 8.5%
2016 677.570.000.000 0.92%
2017 685.998.000.000 1.23%
2018 774.054.000.000 11.38%
2019 767.102.000.000 -0.91%
2020 740.977.000.000 -3.53%
2021 704.554.000.000 -5.17%
2022 761.466.000.000 7.47%
2023 958.580.000.000 20.56%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Banco de Chile EBITDA
Year EBITDA Growth
2000 399.050.947.649
2001 361.434.896.069 -10.41%
2002 394.812.682.800 8.45%
2003 366.230.677.120 -7.8%
2004 400.555.558.760 8.57%
2005 530.132.854.065 24.44%
2006 609.125.661.996 12.97%
2007 928.151.895.920 34.37%
2008 1.230.912.000.000 24.6%
2009 570.608.000.000 -115.72%
2010 823.597.000.000 30.72%
2011 1.162.967.000.000 29.18%
2012 1.285.383.000.000 9.52%
2013 1.371.321.000.000 6.27%
2014 1.496.778.000.000 8.38%
2015 1.404.215.000.000 -6.59%
2016 1.401.097.000.000 -0.22%
2017 1.376.982.000.000 -1.75%
2018 1.480.722.000.000 7.01%
2019 833.232.000.000 -77.71%
2020 662.427.000.000 -25.78%
2021 1.048.270.000.000 36.81%
2022 2.810.309.000.000 62.7%
2023 1.496.624.000.000 -87.78%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Banco de Chile Gross Profit
Year Gross Profit Growth
2000 263.158.559.619
2001 275.984.136.341 4.65%
2002 490.634.009.100 43.75%
2003 488.703.923.040 -0.39%
2004 546.666.671.040 10.6%
2005 577.616.891.260 5.36%
2006 635.059.634.153 9.05%
2007 752.295.819.562 15.58%
2008 1.019.691.000.000 26.22%
2009 515.716.893 -197623.02%
2010 1.164.397.000.000 99.96%
2011 1.223.782.000.000 4.85%
2012 1.340.829.000.000 8.73%
2013 1.451.352.000.000 7.62%
2014 1.642.984.000.000 11.66%
2015 1.657.830.000.000 0.9%
2016 1.713.518.000.000 3.25%
2017 1.684.492.000.000 -1.72%
2018 1.827.476.000.000 7.82%
2019 1.999.854.000.000 8.62%
2020 1.921.443.000.000 -4.08%
2021 2.211.149.000.000 13.1%
2022 3.089.998.000.000 28.44%
2023 2.705.912.000.000 -14.19%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Banco de Chile Net Profit
Year Net Profit Growth
2000 74.864.339.462
2001 86.968.274.593 13.92%
2002 52.593.660.300 -65.36%
2003 130.796.670.400 59.79%
2004 152.222.223.440 14.08%
2005 180.978.373.268 15.89%
2006 194.536.207.581 6.97%
2007 243.357.072.628 20.06%
2008 272.425.000.000 10.67%
2009 130.839.675 -208112.84%
2010 417.614.000.000 99.97%
2011 428.805.000.000 2.61%
2012 465.850.000.000 7.95%
2013 513.602.000.000 9.3%
2014 591.080.000.000 13.11%
2015 558.995.000.000 -5.74%
2016 552.249.000.000 -1.22%
2017 572.080.000.000 3.47%
2018 594.872.000.000 3.83%
2019 593.008.000.000 -0.31%
2020 463.108.000.000 -28.05%
2021 792.922.000.000 41.59%
2022 1.409.433.000.000 43.74%
2023 1.039.972.000.000 -35.53%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Banco de Chile Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 290
2001 311 6.45%
2002 141 -121.43%
2003 350 59.89%
2004 422 17.1%
2005 483 12.84%
2006 497 2.82%
2007 591 15.91%
2008 617 4.06%
2009 267.964 99.77%
2010 851 -31388.13%
2011 859 0.82%
2012 865 0.81%
2013 961 9.9%
2014 1.162 17.38%
2015 1.199 3.09%
2016 1.138 -5.36%
2017 1.132 -0.53%
2018 1.178 3.82%
2019 1.174 -0.26%
2020 796 -47.49%
2021 2.092 61.95%
2022 2.790 25.02%
2023 2.059 -35.5%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Banco de Chile Free Cashflow
Year Free Cashflow Growth
2000 -130.199.199.661
2001 112.624.586.451 215.6%
2002 405.619.599.300 72.23%
2003 -120.689.654.960 436.08%
2004 560.555.560.040 121.53%
2005 413.621.010.311 -35.52%
2006 434.050.583.160 4.71%
2007 365.240.539.222 -18.84%
2008 239.732.000.000 -52.35%
2009 688.298.000.000 65.17%
2010 -137.534.000.000 600.46%
2011 -479.144.000.000 71.3%
2012 -443.084.000.000 -8.14%
2013 -161.771.000.000 -173.9%
2014 -255.412.000.000 36.66%
2015 -1.679.712.000.000 84.79%
2016 301.314.000.000 657.46%
2017 830.560.000.000 63.72%
2018 -987.970.000.000 184.07%
2019 1.169.675.000.000 184.47%
2020 471.700.000.000 -147.97%
2021 2.363.689.000.000 80.04%
2022 -411.721.000.000 674.1%
2023 2.105.921.000.000 119.55%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Banco de Chile Operating Cashflow
Year Operating Cashflow Growth
2000 -125.006.297.502
2001 121.620.620.782 202.78%
2002 417.867.438.000 70.89%
2003 -114.149.821.440 466.07%
2004 572.777.782.360 119.93%
2005 431.626.159.687 -32.7%
2006 455.995.204.968 5.34%
2007 388.779.881.940 -17.29%
2008 256.043.000.000 -51.84%
2009 703.623.000.000 63.61%
2010 -110.055.000.000 739.34%
2011 -447.474.000.000 75.41%
2012 -415.987.000.000 -7.57%
2013 -144.011.000.000 -188.86%
2014 -218.517.000.000 34.1%
2015 -1.639.717.000.000 86.67%
2016 340.381.000.000 581.73%
2017 872.563.000.000 60.99%
2018 -936.393.000.000 193.18%
2019 1.235.840.000.000 175.77%
2020 519.649.000.000 -137.82%
2021 2.429.490.000.000 78.61%
2022 -333.581.000.000 828.31%
2023 2.129.354.000.000 115.67%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Banco de Chile Capital Expenditure
Year Capital Expenditure Growth
2000 5.192.902.159
2001 8.996.034.332 42.28%
2002 12.247.838.700 26.55%
2003 6.539.833.520 -87.28%
2004 12.222.222.320 46.49%
2005 18.005.149.376 32.12%
2006 21.944.621.808 17.95%
2007 23.539.342.718 6.77%
2008 16.311.000.000 -44.32%
2009 15.325.000.000 -6.43%
2010 27.479.000.000 44.23%
2011 31.670.000.000 13.23%
2012 27.097.000.000 -16.88%
2013 17.760.000.000 -52.57%
2014 36.895.000.000 51.86%
2015 39.995.000.000 7.75%
2016 39.067.000.000 -2.38%
2017 42.003.000.000 6.99%
2018 51.577.000.000 18.56%
2019 66.165.000.000 22.05%
2020 47.949.000.000 -37.99%
2021 65.801.000.000 27.13%
2022 78.140.000.000 15.79%
2023 23.433.000.000 -233.46%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Banco de Chile Equity
Year Equity Growth
2000 349.371.496.767
2001 398.268.339.407 12.28%
2002 618.155.623.800 35.57%
2003 695.600.474.400 11.13%
2004 671.666.672.040 -3.56%
2005 776.197.221.318 13.47%
2006 831.587.854.502 6.66%
2007 1.056.032.374.489 21.25%
2008 1.297.735.000.000 18.62%
2009 706.618.465 -183554.27%
2010 1.694.323.000.000 99.96%
2011 1.739.173.000.000 2.58%
2012 2.007.057.000.000 13.35%
2013 2.284.314.000.000 12.14%
2014 2.535.154.000.000 9.89%
2015 2.740.084.000.000 7.48%
2016 2.887.410.000.000 5.1%
2017 3.545.347.000.000 18.56%
2018 3.304.153.000.000 -7.3%
2019 3.528.223.000.000 6.35%
2020 3.726.268.000.000 5.31%
2021 4.223.014.000.000 11.76%
2022 4.858.327.000.000 13.08%
2023 5.026.133.000.000 3.34%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Banco de Chile Assets
Year Assets Growth
2000 5.142.930.779.295
2001 5.387.581.603.766 4.54%
2002 8.595.821.384.100 37.32%
2003 9.249.702.718.560 7.07%
2004 9.611.666.743.560 3.77%
2005 10.707.796.628.425 10.24%
2006 12.713.759.243.158 15.78%
2007 14.685.027.943.662 13.42%
2008 18.128.442.000.000 18.99%
2009 8.859.370.847 -204524.49%
2010 18.276.464.000.000 99.95%
2011 21.740.947.000.000 15.94%
2012 23.261.066.000.000 6.54%
2013 25.933.870.000.000 10.31%
2014 27.645.828.000.000 6.19%
2015 31.292.944.000.000 11.65%
2016 31.558.000.000.000 0.84%
2017 32.561.437.000.000 3.08%
2018 35.926.459.000.000 9.37%
2019 41.273.333.000.000 12.95%
2020 46.095.131.000.000 10.46%
2021 51.702.439.000.000 10.85%
2022 55.255.362.000.000 6.43%
2023 55.153.335.000.000 -0.18%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Banco de Chile Liabilities
Year Liabilities Growth
2000 4.793.556.420.479
2001 4.989.313.264.358 3.92%
2002 7.977.665.760.300 37.46%
2003 8.554.102.244.160 6.74%
2004 8.940.000.071.520 4.32%
2005 9.931.598.377.242 9.98%
2006 11.882.169.258.731 16.42%
2007 13.628.994.573.157 12.82%
2008 16.830.699.000.000 19.02%
2009 8.152.750.860 -206341.96%
2010 16.582.139.000.000 99.95%
2011 20.001.772.000.000 17.1%
2012 21.254.007.000.000 5.89%
2013 23.649.554.000.000 10.13%
2014 25.110.672.000.000 5.82%
2015 28.552.857.000.000 12.06%
2016 28.670.589.000.000 0.41%
2017 29.016.089.000.000 1.19%
2018 32.622.306.000.000 11.05%
2019 37.745.110.000.000 13.57%
2020 42.368.863.000.000 10.91%
2021 47.479.425.000.000 10.76%
2022 50.397.035.000.000 5.79%
2023 50.127.202.000.000 -0.54%

Banco de Chile Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5437.88
Net Income per Share
2385.14
Price to Earning Ratio
8.38x
Price To Sales Ratio
3.68x
POCF Ratio
3.67
PFCF Ratio
3.81
Price to Book Ratio
2.01
EV to Sales
6.22
EV Over EBITDA
7.21
EV to Operating CashFlow
6.21
EV to FreeCashFlow
6.44
Earnings Yield
0.12
FreeCashFlow Yield
0.26
Market Cap
10.098,96 Bil.
Enterprise Value
17.081,85 Bil.
Graham Number
23109.1
Graham NetNet
-84014.36

Income Statement Metrics

Net Income per Share
2385.14
Income Quality
2.28
ROE
0.25
Return On Assets
0.02
Return On Capital Employed
0.05
Net Income per EBT
0.82
EBT Per Ebit
1
Ebit per Revenue
0.45
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.31
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.14
Gross Profit Margin
1
Operating Profit Margin
0.45
Pretax Profit Margin
0.45
Net Profit Margin
0.37

Dividends

Dividend Yield
0.09
Dividend Yield %
9.47
Payout Ratio
0.72
Dividend Per Share
2.08

Operating Metrics

Operating Cashflow per Share
5444.62
Free CashFlow per Share
5252.46
Capex to Operating CashFlow
-0.04
Capex to Revenue
-0.04
Capex to Depreciation
-1.08
Return on Invested Capital
0.12
Return on Tangible Assets
0.02
Days Sales Outstanding
97.79
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
3.73
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-192.16

Balance Sheet

Cash per Share
14.137,94
Book Value per Share
9.951,05
Tangible Book Value per Share
9698.53
Shareholders Equity per Share
9951.05
Interest Debt per Share
24177.86
Debt to Equity
2.11
Debt to Assets
0.19
Net Debt to EBITDA
2.95
Current Ratio
19.85
Tangible Asset Value
4.898,59 Bil.
Net Current Asset Value
-42.250,46 Bil.
Invested Capital
2.11
Working Capital
7.479,97 Bil.
Intangibles to Total Assets
0
Average Receivables
687,26 Bil.
Average Payables
369,88 Bil.
Average Inventory
0
Debt to Market Cap
1.05

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Banco de Chile Dividends
Year Dividends Growth
2003 1
2004 2 100%
2005 3 0%
2006 0 0%
2007 3 100%
2008 5 50%
2009 3 -100%
2010 4 50%
2011 4 0%
2012 4 -33.33%
2013 5 25%
2014 4 -33.33%
2015 3 0%
2016 3 0%
2017 3 -50%
2018 3 33.33%
2019 1 -200%
2021 1 0%
2022 1 100%
2023 2 50%

Banco de Chile Profile

About Banco de Chile

Banco de Chile, together with its subsidiaries, provides banking and financial products and services to customers in Chile. It operates through Retail Banking, Wholesale Banking, and Treasury and Money Market segments. The company offers deposit products, such as checking accounts, current accounts, demand deposits and accounts, saving accounts, and time deposits; commercial, mortgage, consumer, working capital, syndicated, and installment loans; and credit cards. It also provides leasing, factoring, and foreign trade services; international and treasury banking services; and financial advisory services. In addition, the company offers liquidity management services, debt instruments, and derivative contracts and leases, as well as financial transaction and currency trading services; and securities brokerage, mutual funds management, wholesale customer, investment banking and management, and insurance brokerage services. As of December 31, 2021, it operated through a network of 272 branches and 1,761 ATMs. The company serves individuals, small and medium-sized companies, corporate clients, and large companies. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.

CEO
Mr. Eduardo Ebensperger Orrego
Employee
12.486
Address
Ahumada 251
Santiago de Chile,

Banco de Chile Executives & BODs

Banco de Chile Executives & BODs
# Name Age
1 Mr. Hector Hernandez Gonzalez
General Manager of Accounting
70
2 Mr. Claudia Marcela Herrera García
Manager of Marketing & Digital Banking Division
70
3 Mr. Hernan Buchi Buc
Director
70
4 Mr. Alfredo Villegas Montes
General Counsel & Secretary of the Board of Directors
70
5 Mr. Esteban Kemp De La Hoz
Manager of Operations & Technology Division
70
6 Mr. Felipe Echaiz Bornemann
Manager of Global Compliance Division
70
7 Mr. Cristian Lagos Contardo
Manager of People & Organisation Division
70
8 Mr. Eduardo Ebensperger Orrego
Chief Executive Officer
70
9 Mr. Rolando Arias Sanchez
Chief Financial Officer
70
10 Mr. Pablo Mejia Ricci
Head of Investor Relations
70

Banco de Chile Competitors