Banco de Chile (BCH) Set to Announce Earnings on Friday

Banco de Chile (NYSE:BCH) will release its earnings data on Friday, February 2nd. Analysts expect Banco de Chile to post earnings of $1.39 per share for the quarter.

Banco de Chile (NYSE:BCH) last posted its quarterly earnings data on Thursday, November 2nd. The bank reported $1.26 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.11). The company had revenue of $632.80 million during the quarter, compared to the consensus estimate of $706.94 million. Banco de Chile had a net margin of 24.17% and a return on equity of 18.18%. On average, analysts expect Banco de Chile to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Banco de Chile (NYSE BCH) traded down $1.23 on Wednesday, reaching $102.29. 17,653 shares of the company traded hands, compared to its average volume of 31,683. The company has a market cap of $17,545.50, a PE ratio of 20.11, a P/E/G ratio of 1.66 and a beta of 0.41. Banco de Chile has a 1-year low of $69.48 and a 1-year high of $106.50. The company has a quick ratio of 1.39, a current ratio of 1.42 and a debt-to-equity ratio of 2.50.

Several research firms recently commented on BCH. Deutsche Bank cut shares of Banco de Chile from a “hold” rating to a “sell” rating and set a $91.00 price objective on the stock. in a research report on Wednesday, January 24th. Bank of America cut shares of Banco de Chile from a “neutral” rating to an “underperform” rating in a research report on Thursday, January 18th. Zacks Investment Research raised shares of Banco de Chile from a “sell” rating to a “hold” rating in a research report on Tuesday, January 16th. ValuEngine cut shares of Banco de Chile from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Credit Suisse Group reissued a “hold” rating on shares of Banco de Chile in a research report on Friday, December 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $89.25.

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About Banco de Chile

Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank’s segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.

Earnings History for Banco de Chile (NYSE:BCH)

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