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Chilean (IPSA) Banks Industry Analysis

UpdatedJul 31, 2026
DataAggregated Company Financials
Companies6
  • 7D1.8%
  • 3M12.0%
  • 1Y48.5%
  • YTD11.7%

The Banks is pretty flat in the last 7 days, but Banco de Chile has stood out, gaining 3.2%. The past year has been better, since the industry has gained 47% in that time. Looking forward, earnings are forecast to grow by 6.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jul 2026CL$56.8tCL$10.7tCL$4.4t12.2x13x5.3x
Sun, 28 Jun 2026CL$52.8tCL$10.3tCL$4.0t12x13.1x5.1x
Tue, 26 May 2026CL$50.3tCL$10.3tCL$4.0t11.9x12.4x4.9x
Thu, 23 Apr 2026CL$53.6tCL$10.3tCL$4.1t12.3x13.1x5.2x
Sat, 21 Mar 2026CL$52.3tCL$10.2tCL$4.1t12.6x12.7x5.1x
Mon, 16 Feb 2026CL$55.3tCL$10.4tCL$4.1t12.8x13.4x5.3x
Wed, 14 Jan 2026CL$54.1tCL$10.4tCL$4.1t12.5x13.1x5.2x
Fri, 12 Dec 2025CL$51.2tCL$10.4tCL$4.1t12.3x12.4x4.9x
Sun, 09 Nov 2025CL$49.0tCL$10.4tCL$4.1t11.9x11.8x4.7x
Tue, 07 Oct 2025CL$44.4tCL$10.7tCL$4.2t11.2x10.7x4.2x
Thu, 04 Sep 2025CL$41.9tCL$10.7tCL$4.2t10x10x3.9x
Sat, 02 Aug 2025CL$39.9tCL$10.7tCL$4.2t9.2x9.6x3.7x
Mon, 30 Jun 2025CL$40.7tCL$10.5tCL$4.1t9.6x9.9x3.9x
Wed, 28 May 2025CL$41.4tCL$10.6tCL$4.1t9.8x10.1x3.9x
Fri, 25 Apr 2025CL$40.6tCL$10.8tCL$4.1t9.6x9.8x3.8x
Sun, 23 Mar 2025CL$36.8tCL$9.9tCL$3.7t9.8x9.9x3.7x
Tue, 18 Feb 2025CL$36.8tCL$10.5tCL$3.9t8.8x9.4x3.5x
Thu, 16 Jan 2025CL$33.1tCL$10.5tCL$4.1t7.6x8x3.1x
Sat, 14 Dec 2024CL$33.3tCL$10.4tCL$4.0t6.5x8.3x3.2x
Mon, 11 Nov 2024CL$33.0tCL$10.4tCL$4.0t6.3x8.2x3.2x
Wed, 09 Oct 2024CL$32.2tCL$10.2tCL$3.7t6.7x8.7x3.2x
Fri, 06 Sep 2024CL$33.2tCL$10.3tCL$3.7t6.6x8.9x3.2x
Sun, 04 Aug 2024CL$32.1tCL$10.2tCL$3.7t6.7x8.6x3.2x
Tue, 02 Jul 2024CL$31.9tCL$10.1tCL$3.8t7.7x8.5x3.1x
Thu, 30 May 2024CL$32.5tCL$10.1tCL$3.8t7.8x8.6x3.2x
Sat, 27 Apr 2024CL$31.9tCL$9.7tCL$3.6t8x8.8x3.3x
Mon, 25 Mar 2024CL$33.5tCL$9.4tCL$3.5t8.7x9.5x3.5x
Wed, 21 Feb 2024CL$32.9tCL$9.2tCL$3.4t7.6x9.6x3.6x
Fri, 19 Jan 2024CL$29.1tCL$8.7tCL$3.3t6.5x8.8x3.4x
Sun, 17 Dec 2023CL$29.9tCL$8.6tCL$3.3t6.5x9x3.5x
Tue, 14 Nov 2023CL$28.1tCL$8.8tCL$3.3t6.4x8.5x3.2x
Thu, 12 Oct 2023CL$28.0tCL$9.1tCL$3.6t5.7x7.7x3.1x
Sat, 09 Sep 2023CL$27.8tCL$9.1tCL$3.6t6x7.6x3.1x
Mon, 07 Aug 2023CL$28.7tCL$9.1tCL$3.6t6.5x7.9x3.1x
Price to Earnings Ratio

7.9x


Total Market Cap: CL$28.7tTotal Earnings: CL$3.6tTotal Revenue: CL$9.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Chilean Banks Industry Price to Earnings3Y Average 9.9x202420252026
Current Industry PE
  • Investors are optimistic on the Chilean Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.9x which is higher than its 3-year average PE of 9.9x.
  • The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 6.3% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 Market1.36%
Financials1.31%
Banks1.81%
Diversified Banks1.81%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 9.9x.
    • Analysts are expecting annual earnings growth of 6.5%, which is lower than the prior year's growth of 8.3% per year.
  • Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 6.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 8.3% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 6.5% 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
CHILE Banco de ChileCL$196.803.2%
+CL$614.2b		46.9%PB3.5x
BCI Banco de Crédito e InversionesCL$66.00k2.4%
+CL$338.8b		71.0%PB1.8x
BSANTANDER Banco Santander-ChileCL$80.700.9%
+CL$131.9b		43.6%PB3.1x

Latest News

ITAUCL
CL$21,050.00
Banco Itaú Chile
7D
-1.2%
1Y
63.8%
BSANTANDER
CL$80.70
Banco Santander-Chile
7D
0.9%
1Y
43.6%
Narrative Update • Jul 28

BSANTANDER: Future Returns Will Weigh Inflation Benefits Against Execution And Governance Changes

The analyst price target for Banco Santander-Chile has been revised to CLP 78.64 from CLP 76.44 as analysts factor in updated fair value estimates and refreshed views on earnings potential and valuation across Chilean banks. Analyst Commentary Recent Street research on Banco Santander-Chile shows a mix of optimism and caution, with analysts adjusting ratings and price targets as they reassess earnings potential, valuation, and the impact of macro factors such as inflation and local economic trends.
CHILE
CL$196.80
Banco de Chile
7D
3.2%
1Y
46.9%
Narrative Update • Jul 16

CHILE: Rich Payout And Board Uncertainty Will Pressure Future Shareholder Returns

Analysts have increased their fair value estimate for Banco de Chile stock from CLP110.08 to CLP114.73, reflecting updated assumptions regarding the discount rate, revenue growth, profit margin, and future P/E. What's in the News for Banco de Chile No recent news items, periodical coverage, or key developments were provided for Banco de Chile in the available sources.
BCI
CL$66,000.00
Banco de Crédito e Inversiones
7D
2.4%
1Y
71.0%
Narrative Update • Jul 16

BCI: Rich Dividend And High P/E Will Likely Keep Shares Expensive

Analysts have nudged their price target for Banco de Crédito e Inversiones higher from CLP 48,170 to CLP 51,690, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News for Banco de Crédito e Inversiones No recent company specific news items for Banco de Crédito e Inversiones were identified in the provided sources.