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Chilean (IPSA) Banks Industry Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies7
  • 7D-0.3%
  • 3M-6.4%
  • 1Y0.8%
  • YTD6.9%

Over the last 7 days, the Banks industry has remained flat, although notably Banco de Crédito e Inversiones declined by 4.0%. In line with that, the industry has also been flat over the past 12 months. In the next few years, earnings are forecast to decline by 4.2% annually.

Industry Valuation and Performance

Has the Chilean Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022CL$25.6tCL$9.8tCL$4.2t5.4x6.1x2.6x
Mon, 31 Oct 2022CL$26.0tCL$9.5tCL$4.0t5.9x6.6x2.7x
Wed, 28 Sep 2022CL$25.4tCL$9.4tCL$3.8t6.3x6.6x2.7x
Fri, 26 Aug 2022CL$26.1tCL$9.3tCL$3.7t6.3x7x2.8x
Sun, 24 Jul 2022CL$26.3tCL$9.2tCL$3.7t6.8x7.1x2.9x
Tue, 21 Jun 2022CL$26.8tCL$8.6tCL$3.2t8.1x8.3x3.1x
Thu, 19 May 2022CL$26.4tCL$8.5tCL$3.2t7.5x8.3x3.1x
Sat, 16 Apr 2022CL$27.8tCL$8.4tCL$3.0t8x9.2x3.3x
Mon, 14 Mar 2022CL$27.1tCL$8.3tCL$3.0t8.3x9x3.2x
Wed, 09 Feb 2022CL$27.0tCL$8.2tCL$2.9t8.7x9.2x3.3x
Fri, 07 Jan 2022CL$24.7tCL$7.6tCL$2.5t9.2x9.9x3.3x
Sun, 05 Dec 2021CL$25.1tCL$7.5tCL$2.5t9.4x10.1x3.3x
Tue, 02 Nov 2021CL$23.9tCL$7.3tCL$2.3t9.9x10.3x3.3x
Thu, 30 Sep 2021CL$25.4tCL$7.0tCL$2.2t11.5x11.8x3.6x
Sat, 28 Aug 2021CL$25.9tCL$7.0tCL$2.2t11.6x12x3.7x
Sun, 04 Jul 2021CL$24.7tCL$7.0tCL$2.2t10.7x11.4x3.5x
Wed, 07 Apr 2021CL$29.2tCL$6.6tCL$1.1t14.4x27.1x4.4x
Sat, 09 Jan 2021CL$24.1tCL$6.4tCL$855.0b12.7x28.2x3.8x
Fri, 02 Oct 2020CL$20.9tCL$6.5tCL$838.5b11.8x25x3.2x
Mon, 06 Jul 2020CL$23.7tCL$6.7tCL$986.9b12.5x24x3.5x
Thu, 09 Apr 2020CL$23.1tCL$7.1tCL$2.0t10.9x11.3x3.2x
Wed, 01 Jan 2020CL$28.1tCL$7.0tCL$2.0t13.6x13.9x4x
Price to Earnings Ratio

13.6x


Total Market Cap: CL$28.3tTotal Earnings: CL$2.1tTotal Revenue: CL$7.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Chilean Banks Industry Price to Earnings3Y Average 15.4x202020212022
Current Industry PE
  • Investors are pessimistic on the Chilean Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.1x which is lower than its 3-year average PE of 15.5x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chilean Financials industry?

CL Market0.34%
Financials-0.045%
Banks-0.26%
Regional Banks0%
Diversified Banks-0.26%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 15.4x.
    • Analysts are expecting annual earnings decline of 4.2%, which is lower than the prior year's growth of 54.8% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Diversified Banks industry since they expect its earnings to decline by only 4.2% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 55% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings decline by 4.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BSANTANDER Banco Santander-ChileCL$34.551.0%
+CL$66.0b
-4.6%PB1.7x
ITAUCORP ItaĂș CorpbancaCL$1.841.3%
+CL$23.4b
6.6%PB0.5x
CHILE Banco de ChileCL$84.600.2%
+CL$18.2b
7.8%PB1.8x
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Latest News

CHILE

CL$84.60

Banco de Chile

7D

0.2%

1Y

7.8%

SECURITY

CL$164.46

Grupo Security

7D

-0.4%

1Y

46.9%

ITAUCORP

CL$1.84

ItaĂș Corpbanca

7D

1.3%

1Y

6.6%

BCI

CL$24,202.00

Banco de Crédito e Inversiones

7D

-4.0%

1Y

-2.9%