Banco De Chile ADR
BCH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Df& | LOCK|>t#k | LOCK|tH<?>CT |
Banco de Chile Earnings: Higher Inflation and Controlled Expenses Are Key Factors in Strong Earnings
Banco de Chile reported strong second-quarter results on the surface, largely driven from much higher inflation adjustment income than a year ago. Net revenue increased 20.9% to CLP 922 billion, while net income rose 28.1% to CLP 390 billion.
