Banco de Chile (BCH) Stock Analysis
This is a peer-relative look at Banco de Chile (BCH): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Banks peers, so every number reads in context rather than in isolation.
Company Profile
Banco de Chile (BCH) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BCH |
|---|---|
| Name | Banco de Chile ADR |
| Country/Region | Chile |
| GICS Sector | Financials |
| GICS Industry Group | Banks |
| GICS Industry | Banks |
| GICS Sub-Industry | Diversified Banks |
| Market Capitalization | 19.53 billion USD |
| Currency | USD |
| Exchange | NYSE |
| Listing Date | August 2, 2002 |
| Security Type | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Total Return (1Y) | 15.15% | 30.28% |
| Total Return (3Y, Annualized) | 33.39% | 26.57% |
| Total Return (5Y, Annualized) | 25.19% | 9.43% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 31.20% | 24.34% |
| Beta (5Y) | 0.26 | 0.72 |
| Max Drawdown (5Y) | -26.93% | -43.36% |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | 0.35 | 1.08 |
| Sortino Ratio (1Y) | 0.50 | 1.61 |
Profitability
ROE (TTM)
Banco de Chile (BCH) posts ROE of 21.08%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.
BCH
Banks industry group
21.08%
Group distribution
- BCH
- 21.08%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Largest peers
- BCH
- 21.08%
- JPM
- 18.01%
- RY
- 16.21%
- HSBC
- 14.22%
- WFC
- 12.91%
- BAC
- 10.73%
- MUFG
- 9.46%
Net Margin (TTM)
Banco de Chile (BCH) keeps 45.15% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.
BCH
Banks industry group
45.15%
Group distribution
- Max
- 47.19%
- BCH
- 45.15%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- Min
- 14.93%
Largest peers
- BCH
- 45.15%
- HSBC
- 41.16%
- JPM
- 34.59%
- RY
- 33.87%
- BAC
- 28.06%
- WFC
- 27.64%
- MUFG
- 27.45%
Operating Margin (TTM)
operating margin is set aside for Banco de Chile (BCH) in Banks: the operating-income line is not a clean boundary for this business model, so net margin, ROE, FFO, or industry-specific measures may be more useful.
Profitability Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| ROE (TTM) | 21.08% | 11.49% |
| ROA (TTM) | 2.18% | 1.24% |
| Net Margin (TTM) | 45.15% | 31.21% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Banco de Chile (BCH) grew revenue -1.56%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.
EPS Growth
Banco de Chile (BCH) grew earnings per share -1.84%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.
Growth Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | -1.56% | 11.23% |
| Revenue Growth (3Y CAGR) | -1.29% | 6.33% |
| EPS Growth (YoY) | -1.84% | 16.14% |
| EPS Growth (3Y CAGR) | -5.61% | 3.15% |
Financial Strength
Current Ratio (MRQ)
current ratio is set aside for Banco de Chile (BCH) in Banks: these balance sheets are not best read through a current/non-current split, so regulatory, funding, or liquidity-coverage measures usually matter more.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for Banco de Chile (BCH) in Banks: leverage is part of the business model itself, so capital adequacy, funding mix, and regulatory measures are usually better risk gauges.
Financial Strength Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Banco de Chile (BCH) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
BCH
Banks industry group
0.00%
Group distribution
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- BCH
- 0.00%
- Min
- 0.00%
Largest peers
- MUFG
- 406.81%
- RY
- 3.23%
- BAC
- 2.33%
- WFC
- 2.19%
- JPM
- 1.82%
- HSBC
- 0.86%
- BCH
- 0.00%
Dividend Payout Ratio (TTM)
Banco de Chile (BCH) has payout ratio of 85.54%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.
BCH
Banks industry group
85.54%
Group distribution
- BCH
- 85.54%
- Max
- 70.75%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Largest peers
- BCH
- 85.54%
- HSBC
- 53.57%
- RY
- 41.49%
- MUFG
- 34.74%
- BAC
- 27.62%
- WFC
- 26.09%
- JPM
- 25.80%
Dividend Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.39% |
| Dividend Payout Ratio (TTM) | 85.54% | 29.26% |
Valuation
P/E Ratio (TTM)
Banco de Chile (BCH) trades at P/E ratio of 14.81, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
BCH
Banks industry group
14.81
Group distribution
- Max
- 18.16
- BCH
- 14.81
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
Largest peers
- RY
- 17.58
- BCH
- 14.81
- JPM
- 14.03
- MUFG
- 13.71
- WFC
- 11.84
- BAC
- 11.79
- HSBC
- 11.38
P/S Ratio (TTM)
P/S ratio is not assessed for Banco de Chile (BCH) in Banks: the revenue line is driven by spread economics rather than conventional product or service sales, so book value or earnings usually carry more weight.
P/B Ratio (MRQ)
Banco de Chile (BCH) trades at 0.69 on P/B ratio, in the lower book-value quartile for its industry. Investors are paying less for the balance-sheet equity than they pay for most peers, with returns on that equity still central to the read.
BCH
Banks industry group
0.69
Group distribution
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- BCH
- 0.69
- Min
- 0.59
Largest peers
- HSBC
- 6.87
- RY
- 2.92
- JPM
- 2.53
- MUFG
- 1.64
- WFC
- 1.59
- BAC
- 1.26
- BCH
- 0.69
Valuation Metrics
| Metric | Current stock: BCH | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 14.81 | 11.81 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 0.69 | 1.32 |
| Free Cash Flow Yield (TTM) | -- | -- |