Banco De Chile ADR
BCH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J? | LOCK|^GCS? | LOCK|Z?j#@% |
Banco de Chile Earnings: Macroeconomic Pressure and Elevated Compensation Expenses Weigh
Banco de Chile reported soft third-quarter results, as net revenue grew 3% to CLP 758 billion while net income declined 1.8% to CLP 287 billion. These results translate to a return on average equity of 19.9%, down about 100 basis points year over year.
