BANK OF CHILE
BCH · Commercial Banks, NEC · EDGAR filings ↗
Grade
B82High-quality Chilean bank with top-decile ROE/ROA and strong franchise, held to B by a modest earnings decline.
Strengths
- Top-decile returns: ROE 19.2% and ROA 2.4% (both ~94th pct) with strong interest coverage (91st pct)
- Leading retail/wholesale franchise (Banco de Chile/Edwards Citi) in a relatively stable economy
Risks
- Net income fell 9.1% (12th pct) as rates eased and asset-quality/prepayment dynamics shifted
- Chile macro, currency and pending consolidated-debtor-registry credit-data risks
Notable findings
- No interest coverageInterest coverage 0.98 (cannot cover interest)
- Strong balance sheetStrong balance sheet — $3.5B cash & investments
Key metrics
Return on equity
19.2%
Return on assets
2.4%
Net-income growth
-9.1%
Interest coverage
1.0×
Free cash flow
$3.9B
Tangible book value
$6.8B
Cash & investments
$3.4B
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-30 | 2025-12-31 | 0001213900-26-050243 ↗ |
| 20-F | 2025-04-25 | 2024-12-31 | 0001213900-25-035593 ↗ |
| 20-F | 2024-04-26 | 2023-12-31 | 0001213900-24-036675 ↗ |
| 20-F | 2023-04-28 | 2022-12-31 | 0001213900-23-033930 ↗ |
| 20-F | 2022-04-29 | 2021-12-31 | 0001213900-22-022791 ↗ |
| 20-F | 2021-04-30 | 2020-12-31 | 0001213900-21-023927 ↗ |
| 20-F | 2020-04-30 | 2019-12-31 | 0001213900-20-010484 ↗ |
| 20-F | 2019-04-26 | 2018-12-31 | 0001104659-19-024105 ↗ |
| 20-F | 2018-04-27 | 2017-12-31 | 0001104659-18-027756 ↗ |
| 20-F | 2017-04-27 | 2016-12-31 | 0001104659-17-027009 ↗ |
| 20-F | 2016-04-28 | 2015-12-31 | 0001104659-16-115359 ↗ |
| 20-F | 2015-04-27 | 2014-12-31 | 0001193125-15-149533 ↗ |