Narrative Update • May 02
Have your own idea? Try our Stock Screener
Chilean (IPSA) Financials Sector Analysis
UpdatedMay 22, 2026
DataAggregated Company Financials
Companies30
- 7D1.3%
- 3M-5.4%
- 1Y32.7%
- YTD0.4%
In the last week, the Financials industry is up 4.3%, with Banco de Chile up 5.0%. During this same period, the Administradora de Fondos de Pensiones Cuprum underperformed, falling 15%. This means that the industry has gained 33% over the past year. Looking forward, earnings are forecast to grow by 8.1% annually.
Sector Valuation and Performance
Has the Chilean Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 May 2026 | CL$72.6t | CL$21.8t | CL$5.6t | 10.9x | 12.9x | 3.3x |
| Sun, 19 Apr 2026 | CL$78.2t | CL$21.7t | CL$5.7t | 11.7x | 13.8x | 3.6x |
| Tue, 17 Mar 2026 | CL$77.1t | CL$21.7t | CL$5.7t | 12.2x | 13.4x | 3.6x |
| Thu, 12 Feb 2026 | CL$82.3t | CL$21.2t | CL$5.7t | 12.6x | 14.4x | 3.9x |
| Sat, 10 Jan 2026 | CL$77.3t | CL$21.3t | CL$5.7t | 12.3x | 13.5x | 3.6x |
| Mon, 08 Dec 2025 | CL$71.7t | CL$21.3t | CL$5.7t | 12.3x | 12.5x | 3.4x |
| Wed, 05 Nov 2025 | CL$64.9t | CL$20.7t | CL$5.6t | 10.2x | 11.5x | 3.1x |
| Fri, 03 Oct 2025 | CL$61.0t | CL$21.7t | CL$5.7t | 9.2x | 10.7x | 2.8x |
| Sun, 31 Aug 2025 | CL$57.3t | CL$21.2t | CL$5.9t | 9.3x | 9.7x | 2.7x |
| Tue, 29 Jul 2025 | CL$55.2t | CL$20.9t | CL$5.8t | 8.7x | 9.5x | 2.6x |
| Thu, 26 Jun 2025 | CL$55.4t | CL$20.7t | CL$5.7t | 8.9x | 9.6x | 2.7x |
| Sat, 24 May 2025 | CL$56.8t | CL$20.2t | CL$5.2t | 7.5x | 10.8x | 2.8x |
| Mon, 21 Apr 2025 | CL$54.4t | CL$20.2t | CL$5.3t | 7.3x | 10.3x | 2.7x |
| Wed, 19 Mar 2025 | CL$51.4t | CL$19.8t | CL$4.6t | 7.8x | 11.2x | 2.6x |
| Fri, 14 Feb 2025 | CL$50.5t | CL$20.5t | CL$5.1t | 7.4x | 9.9x | 2.5x |
| Sun, 12 Jan 2025 | CL$46.4t | CL$20.6t | CL$5.2t | 6.7x | 9x | 2.3x |
| Tue, 10 Dec 2024 | CL$46.3t | CL$20.5t | CL$5.2t | 6.7x | 8.9x | 2.3x |
| Thu, 07 Nov 2024 | CL$46.3t | CL$20.5t | CL$5.8t | 6.5x | 7.9x | 2.3x |
| Sat, 05 Oct 2024 | CL$45.9t | CL$19.9t | CL$5.4t | 6.8x | 8.5x | 2.3x |
| Mon, 02 Sep 2024 | CL$47.0t | CL$20.1t | CL$5.7t | 7.2x | 8.3x | 2.3x |
| Wed, 31 Jul 2024 | CL$46.7t | CL$20.3t | CL$5.9t | 6.8x | 7.9x | 2.3x |
| Fri, 28 Jun 2024 | CL$46.8t | CL$20.2t | CL$5.9t | 7x | 7.9x | 2.3x |
| Sun, 26 May 2024 | CL$47.6t | CL$20.1t | CL$6.5t | 6.6x | 7.3x | 2.4x |
| Tue, 23 Apr 2024 | CL$46.3t | CL$19.7t | CL$6.3t | 6.7x | 7.3x | 2.4x |
| Thu, 21 Mar 2024 | CL$47.2t | CL$19.3t | CL$6.2t | 6.3x | 7.6x | 2.4x |
| Sat, 17 Feb 2024 | CL$46.6t | CL$18.9t | CL$6.8t | 6.2x | 6.9x | 2.5x |
| Mon, 15 Jan 2024 | CL$43.0t | CL$18.2t | CL$6.5t | 5.7x | 6.6x | 2.4x |
| Wed, 13 Dec 2023 | CL$42.1t | CL$18.1t | CL$6.4t | 5.5x | 6.5x | 2.3x |
| Fri, 10 Nov 2023 | CL$40.6t | CL$18.4t | CL$6.8t | 5.6x | 5.9x | 2.2x |
| Sun, 08 Oct 2023 | CL$40.5t | CL$18.7t | CL$7.2t | 5.8x | 5.7x | 2.2x |
| Tue, 05 Sep 2023 | CL$41.3t | CL$18.6t | CL$7.0t | 5.7x | 5.9x | 2.2x |
| Thu, 03 Aug 2023 | CL$42.4t | CL$18.6t | CL$7.4t | 5.8x | 5.7x | 2.3x |
| Sat, 01 Jul 2023 | CL$39.3t | CL$18.7t | CL$7.4t | 5.6x | 5.3x | 2.1x |
| Mon, 29 May 2023 | CL$38.8t | CL$18.5t | CL$7.4t | 5.2x | 5.2x | 2.1x |
Price to Earnings Ratio
5.2x
Current Industry PE
- Investors are optimistic on the Chilean Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.6x which is higher than its 3-year average PE of 9.0x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Financials industry have declined 8.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chilean Financials sector?
| CL Market | 2.11% | |
| Financials | 1.35% | |
| Banks | 2.44% | |
| Diversified Financial | 1.09% | |
| Insurance | -0.13% | |
| Capital Markets | -2.32% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 12.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.7x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 8.1% over the next 5 years.
- This is better than its past earnings growth rate of 2.3% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 8.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CHILE Banco de Chile | CL$171.90 | 5.0% +CL$828.3b | 17.7% | PB3.2x | |
| BSANTANDER Banco Santander-Chile | CL$70.10 | 1.6% +CL$209.2b | 19.5% | PB2.8x | |
| BCI Banco de Crédito e Inversiones | CL$60.00k | 1.4% +CL$176.4b | 50.8% | PB1.7x | |
| BICE Bicecorp | CL$381.51 | 1.3% +CL$45.5b | 28.3% | PE16.9x | |
| PROVIDA Administradora de Fondos de Pensiones Provida | CL$5.22k | 2.4% +CL$39.8b | 18.0% | PE12x |