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NYSE:BCH

Banco de Chile (BCH) Stock Price, News & Analysis

$24.56
+0.12 (+0.49%)
(As of 09/19/2024 ET)

About Banco de Chile Stock (NYSE:BCH)

Key Stats

Today's Range
$24.49
$24.77
50-Day Range
$22.92
$25.61
52-Week Range
$19.20
$25.72
Volume
115,412 shs
Average Volume
196,335 shs
Market Capitalization
$12.41 billion
P/E Ratio
8.27
Dividend Yield
5.01%
Price Target
$21.00
Consensus Rating
Hold

Company Overview

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. It also provides working capital loans, corporate credit cards, foreign currency brokerage, leasing and long-term syndicated loans, advisory services for mergers acquisitions and debt restructuring; cash management services, including payment and collection services; and international fund transfer networks, current account and deposit products, fund administration, and treasury management. In addition, the company offers insurance brokerage, derivative contracts, transactional banking, financial risks coverage, representation and asset custody, investment banking and management, capital markets products, foreign exchange transactions; and advisory services for initial public offerings, capital increases, sales and purchases of blocks of shares, private capital placements, public share tenders, company valuations, bond issuances, and syndicated loans services. Further, it provides foreign exchange brokerage, forward contracts, interest rate swaps, repurchase agreements, and other investment products based on bonds, mortgage bonds and deposits. The company serves individuals, small and medium-sized companies, corporate clients, and large companies, real estate and construction, and high net worth family office customers. Banco de Chile was founded in 1893 and is headquartered in Santiago, Chile.

Banco de Chile Stock Analysis - MarketRank™

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Overall MarketRank™: 48th Percentile

Banco de Chile scored higher than 48% of companies evaluated by MarketBeat, and ranked 651st out of 909 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Banco de Chile has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Banco de Chile has received no research coverage in the past 90 days.

  • Read more about Banco de Chile's stock forecast and price target.
  • Earnings Growth

    Earnings for Banco de Chile are expected to grow by 0.40% in the coming year, from $2.48 to $2.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Banco de Chile is 8.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.93.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Banco de Chile is 8.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.36.

  • Price to Book Value per Share Ratio

    Banco de Chile has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Banco de Chile's valuation and earnings.
  • Percentage of Shares Shorted

    0.05% of the outstanding shares of Banco de Chile have been sold short.
  • Short Interest Ratio / Days to Cover

    Banco de Chile has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Banco de Chile has recently decreased by 55.64%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Banco de Chile is a leading dividend payer. It pays a dividend yield of 4.99%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Banco de Chile does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Banco de Chile is 41.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Banco de Chile will have a dividend payout ratio of 49.40% next year. This indicates that Banco de Chile will be able to sustain or increase its dividend.

  • Read more about Banco de Chile's dividend.
  • Percentage of Shares Shorted

    0.05% of the outstanding shares of Banco de Chile have been sold short.
  • Short Interest Ratio / Days to Cover

    Banco de Chile has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Banco de Chile has recently decreased by 55.64%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Banco de Chile has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Banco de Chile this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added Banco de Chile to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Banco de Chile insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 5.93% of the stock of Banco de Chile is held by insiders.

  • Percentage Held by Institutions

    Only 1.24% of the stock of Banco de Chile is held by institutions.

  • Read more about Banco de Chile's insider trading history.
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BCH Stock Analysis - Frequently Asked Questions

Banco de Chile's stock was trading at $23.08 at the beginning of 2024. Since then, BCH shares have increased by 6.4% and is now trading at $24.56.
View the best growth stocks for 2024 here
.

Banco de Chile (NYSE:BCH) announced its earnings results on Tuesday, July, 30th. The bank reported $0.69 EPS for the quarter, topping the consensus estimate of $0.65 by $0.04. The bank had revenue of $810.22 million for the quarter, compared to analyst estimates of $767.15 million. Banco de Chile had a trailing twelve-month return on equity of 22.72% and a net margin of 28.99%.

Shares of Banco de Chile split before market open on Friday, November 23rd 2018. The 3-1 split was announced on Tuesday, October 23rd 2018. The newly issued shares were issued to shareholders after the market closes on Wednesday, November 21st 2018. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Banco de Chile's top institutional shareholders include Baillie Gifford & Co., Renaissance Technologies LLC (0.25%), AQR Capital Management LLC (0.05%) and Marshall Wace LLP (0.04%).

Shares of BCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Banco de Chile investors own include Advanced Micro Devices (AMD), Pfizer (PFE), Weyerhaeuser (WY), Alibaba Group (BABA), Eastman Chemical (EMN), General Mills (GIS) and GSK (GSK).

Company Calendar

Last Earnings
7/30/2024
Today
9/19/2024
Next Earnings (Estimated)
11/04/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
12,217
Year Founded
1893

Price Target and Rating

Average Stock Price Target
$21.00
High Stock Price Target
$21.00
Low Stock Price Target
$21.00
Potential Upside/Downside
-14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$1.65 billion
Pretax Margin
40.17%

Debt

Sales & Book Value

Annual Sales
$3.08 trillion
Cash Flow
$3.05 per share
Book Value
$14.45 per share

Miscellaneous

Free Float
N/A
Market Cap
$12.41 billion
Optionable
Optionable
Beta
0.40

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This page (NYSE:BCH) was last updated on 9/20/2024 by MarketBeat.com Staff
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