- Banco de Chile‘s 4Q Net Income: The net income for the fourth quarter was CLP 298.07 billion, beating estimates of CLP 254.69 billion despite being down 23% year-over-year.
- Return on Average Equity: Achieved a return on average equity (ROE) of 21.5%.
- Net Interest Income: Recorded a slight increase of 1.7% year-over-year, reaching CLP 441.77 billion.
- Operating Revenue: The operating revenue was CLP 778.15 billion, lower than the estimated CLP 798.29 billion and down 9.8% from the previous year.
- 2024 Year-End Results: Reported a net income of CLP 1.21 trillion, with net interest income totaling CLP 1.78 trillion for the year.
- 2025 Forecast: The bank anticipates a net interest margin (NIM) between 4.5% and 4.7%, and a return on average capital (ROAC) around 18% for 2025.
- Analyst Ratings: Current analyst ratings include 3 buy recommendations, 6 holds, and 1 sell.
A look at Banco de Chile Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Banco de Chile shows a promising long-term outlook. With strong scores in Dividend and Growth categories, the bank indicates a focus on providing returns to investors and potential for expansion. This is further supported by a solid Momentum score, suggesting positive market sentiment and potential for continued growth in the future. While Value and Resilience scores are relatively lower, the bank’s emphasis on dividends, growth, and upward momentum positions it well for long-term success in the banking sector.
Banco de Chile, a financial institution that specializes in retail and commercial banking services, stands out for its diverse offerings that include credit, mortgage loans, securities brokerage, insurance, and investment products. With a solid foundation in deposit attraction and a wide array of services, the bank’s high scores in Dividend, Growth, and Momentum indicate a positive outlook for the future, showcasing potential for both investors seeking returns and customers in need of financial solutions.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
