Banco de Chile (BCH) Expected to Announce Quarterly Earnings on Monday

Banco de Chile (NYSE:BCH - Get Free Report) is expected to release its earnings data before the market opens on Monday, February 3rd. Analysts expect Banco de Chile to post earnings of $0.53 per share and revenue of $819,990.00 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Banco de Chile (NYSE:BCH - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The bank reported $0.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.03). The company had revenue of $980.10 million for the quarter, compared to analysts' expectations of $796.96 million. Banco de Chile had a net margin of 30.00% and a return on equity of 22.69%. On average, analysts expect Banco de Chile to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Banco de Chile Trading Down 1.5 %

Shares of BCH traded down $0.36 during trading hours on Monday, reaching $24.36. 149,650 shares of the company traded hands, compared to its average volume of 202,103. Banco de Chile has a 12 month low of $20.93 and a 12 month high of $25.97. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.99. The company's fifty day moving average price is $23.06 and its two-hundred day moving average price is $23.85. The company has a market capitalization of $12.30 billion, a price-to-earnings ratio of 8.73 and a beta of 0.44.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upped their price target on Banco de Chile from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Friday.

About Banco de Chile

Banco de Chile, together with its subsidiaries, provides various banking services to customers in Chile. The company offers checking and debit accounts, debit and credit cards, and lines of credit; mortgage, consume, commercial, general purpose mortgage loans, and finance leases; and factoring services, mutual fund management, stock brokerage, foreign trade, payments and collections, insurance brokerage, including life and general insurance, as well as time deposits, savings instruments, and foreign currency services through branches under the Banco de Chile and Banco Edwards brands.