Banco De Chile ADR
BCH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @Z | LOCK|f#Cs! | LOCK|@QwKHT |
Banco de Chile Earnings: Inflation Adjustment Income and Lower Expenses Drive Earnings Higher
Banco de Chile reported solid first-quarter results. Revenue was basically flat with last year at CLP 779.2 billion. On the other hand, net income rose 10.5% to CLP 329 billion on lower credit costs and operating expenses.
