Banco De Chile ADR
BCH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| X^T | LOCK|t>F! | LOCK|Mv!X$& |
Banco De Chile Earnings: Lower Interest Rates and Inflation Are Headwinds to Growth
Banco de Chile reported decent second-quarter earnings as lower interest income was partially offset by higher noninterest income. Net revenue decreased 1.1% to CLP 762.6 billion while net income decreased 5.8% to CLP 304.9 billion.
