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NYSE:BCH

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

$24.25
+0.11 (+0.46%)
(As of 05/28/2024 ET)
Today's Range
$24.06
$24.43
50-Day Range
$21.25
$24.70
52-Week Range
$19.20
$24.79
Volume
139,669 shs
Average Volume
216,156 shs
Market Capitalization
N/A
P/E Ratio
8.16
Dividend Yield
5.11%
Price Target
$22.00

Banco de Chile MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
9.3% Downside
$22.00 Price Target
Short Interest
Bearish
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.14mentions of Banco de Chile in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.44%
From $2.15 to $2.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.98 out of 5 stars

BCH stock logo

About Banco de Chile Stock (NYSE:BCH)

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.

BCH Stock Price History

BCH Stock News Headlines

Banco de Chile: The Sugar Rush Is Coming To An End
Banco de Chile - ADR
Banco De Chile's Dividend Analysis
Karely Ruiz invitó a Roberta Franco a posar juntas
Rescate imposible: Cachalote varado muere en Florida
See More Headlines
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Company Calendar

Ex-Dividend for 4/5 Dividend
3/21/2024
Dividend Payable
4/05/2024
Last Earnings
4/30/2024
Today
5/28/2024
Next Earnings (Estimated)
7/25/2024
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
$22.00
High Stock Price Target
$24.00
Low Stock Price Target
$21.00
Potential Upside/Downside
-9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$1.65 billion
Pretax Margin
40.34%

Debt

Sales & Book Value

Annual Sales
$5.30 billion
Cash Flow
$3.05 per share
Book Value
$14.45 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.40

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Key Executives

  • Mr. Hernan Buchi Buc (Age 75)
    Director
    Comp: $192M
  • Mr. Rolando Arias Sanchez (Age 59)
    Chief Financial Officer
  • Mr. Hector Hernandez Gonzalez
    General Manager of Accounting
  • Mr. Esteban Kemp De La Hoz (Age 43)
    Manager of Marketing, Technology & Digital Division
  • Mr. Pablo Camilo Mejia Ricci
    Head of Investor Relations
  • Mr. Felipe Echaiz Bornemann (Age 57)
    Manager of Global Compliance Division
  • Mr. Alfredo Villegas Montes (Age 52)
    General Counsel & Secretary of the Board of Directors
  • Mr. Cristian Lagos Contardo (Age 58)
    Manager of People & Organisation Division
  • Mr. Rodrigo Aravena
    Chief Economist & Senior VP of Institutional Relations
  • Daniel Ignacio Galarce Toro
    Head of Financial Control

BCH Stock Analysis - Frequently Asked Questions

Should I buy or sell Banco de Chile stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banco de Chile in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCH, but not buy additional shares or sell existing shares.
View BCH analyst ratings
or view top-rated stocks.

What is Banco de Chile's stock price target for 2024?

4 brokers have issued 12 month price objectives for Banco de Chile's stock. Their BCH share price targets range from $21.00 to $24.00. On average, they predict the company's share price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
View analysts price targets for BCH
or view top-rated stocks among Wall Street analysts.

How have BCH shares performed in 2024?

Banco de Chile's stock was trading at $23.08 at the beginning of 2024. Since then, BCH stock has increased by 5.1% and is now trading at $24.25.
View the best growth stocks for 2024 here
.

Are investors shorting Banco de Chile?

Banco de Chile saw a increase in short interest in May. As of May 15th, there was short interest totaling 661,400 shares, an increase of 139.7% from the April 30th total of 275,900 shares. Based on an average trading volume of 265,100 shares, the short-interest ratio is presently 2.5 days.
View Banco de Chile's Short Interest
.

When is Banco de Chile's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our BCH earnings forecast
.

How were Banco de Chile's earnings last quarter?

Banco de Chile (NYSE:BCH) issued its earnings results on Tuesday, April, 30th. The bank reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The bank earned $824.83 million during the quarter, compared to analyst estimates of $818.94 million. Banco de Chile had a trailing twelve-month return on equity of 23.65% and a net margin of 29.41%.

How often does Banco de Chile pay dividends? What is the dividend yield for Banco de Chile?

Banco de Chile announced a Variable dividend on Monday, February 5th. Shareholders of record on Friday, March 22nd will be given a dividend of $1.09 per share on Friday, April 5th. This represents a yield of 4.8%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for BCH
.

Is Banco de Chile a good dividend stock?

Banco de Chile (NYSE:BCH) pays an annual dividend of $1.24 per share and currently has a dividend yield of 5.12%. BCH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCH will have a dividend payout ratio of 53.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCH.

When did Banco de Chile's stock split?

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

What is Arturo Tagle Quiroz's approval rating as Banco de Chile's CEO?

9 employees have rated Banco de Chile Chief Executive Officer Arturo Tagle Quiroz on Glassdoor.com. Arturo Tagle Quiroz has an approval rating of 86% among the company's employees.

What other stocks do shareholders of Banco de Chile own?

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

Who are Banco de Chile's major shareholders?

Banco de Chile's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bessemer Group Inc. (0.00%), Zurcher Kantonalbank Zurich Cantonalbank (0.00%), Advisors Asset Management Inc. (0.00%), Whittier Trust Co. (0.00%), Virtu Financial LLC (0.00%) and Freestone Capital Holdings LLC (0.00%).

How do I buy shares of Banco de Chile?

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.

This page (NYSE:BCH) was last updated on 5/29/2024 by MarketBeat.com Staff

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