Banco De Chile ADR
BCH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Q< | LOCK|t>TYj | LOCK|N%P@s< |
Banco de Chile Earnings: Slow Growth on Lower Inflation Adjustment Income and Weak Loan Growth
Banco de Chile reported decent third-quarter results, though strong noninterest income growth and good cost management were offset by low inflation adjustment income. Net revenue increased 2% to CLP 735.7 billion, while net income rose 2.5% to CLP 276.3 billion.
