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Chilean (IPSA) Banks Industry Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies7
  • 7D-0.4%
  • 3M11.0%
  • 1Y24.5%
  • YTD8.8%

Over the last 7 days, the Banks industry has dropped 2.0%, driven by a pullback from Banco de Chile of 2.1%. Meanwhile, Banco Itaú Chile actually outperformed within the industry, gaining 5.0% in the last week. In the past year, the industry has gained 24%. Earnings are forecast to grow by 5.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024CL$32.3tCL$9.3tCL$3.5t7.6x9.1x3.5x
Sun, 28 Jan 2024CL$29.8tCL$8.7tCL$3.3t6.8x9x3.4x
Tue, 26 Dec 2023CL$29.5tCL$8.6tCL$3.3t6.5x8.9x3.4x
Thu, 23 Nov 2023CL$28.6tCL$8.6tCL$3.3t6.4x8.6x3.3x
Sat, 21 Oct 2023CL$28.1tCL$9.0tCL$3.5t6.2x7.9x3.1x
Mon, 18 Sep 2023CL$28.7tCL$9.1tCL$3.6t6.1x7.9x3.2x
Wed, 16 Aug 2023CL$28.8tCL$9.1tCL$3.6t6.6x7.9x3.2x
Fri, 14 Jul 2023CL$27.0tCL$9.4tCL$3.9t5.8x6.9x2.9x
Sun, 11 Jun 2023CL$26.1tCL$9.5tCL$3.9t5.5x6.6x2.7x
Tue, 09 May 2023CL$26.9tCL$9.6tCL$4.0t5.4x6.7x2.8x
Thu, 06 Apr 2023CL$24.7tCL$9.6tCL$4.1t5.1x6x2.6x
Sat, 04 Mar 2023CL$26.1tCL$9.6tCL$4.1t5.4x6.3x2.7x
Mon, 30 Jan 2023CL$25.4tCL$9.8tCL$4.3t6.1x6x2.6x
Wed, 28 Dec 2022CL$25.5tCL$9.8tCL$4.2t5.6x6.1x2.6x
Fri, 25 Nov 2022CL$25.5tCL$9.8tCL$4.2t5.6x6.1x2.6x
Sun, 23 Oct 2022CL$26.1tCL$9.5tCL$4.0t5.8x6.6x2.7x
Tue, 20 Sep 2022CL$26.7tCL$9.4tCL$3.8t6.6x7x2.8x
Thu, 18 Aug 2022CL$26.4tCL$9.2tCL$3.7t6.8x7.1x2.9x
Sat, 16 Jul 2022CL$26.1tCL$9.2tCL$3.7t6.8x7.1x2.8x
Mon, 13 Jun 2022CL$26.9tCL$8.6tCL$3.2t8.2x8.4x3.1x
Wed, 11 May 2022CL$25.7tCL$8.5tCL$3.2t7.4x8.1x3x
Fri, 08 Apr 2022CL$28.0tCL$8.3tCL$3.0t8.8x9.4x3.4x
Sun, 06 Mar 2022CL$27.0tCL$8.3tCL$3.0t8.2x9x3.2x
Tue, 01 Feb 2022CL$26.3tCL$8.0tCL$2.8t9.4x9.4x3.3x
Thu, 30 Dec 2021CL$23.3tCL$7.6tCL$2.5t8.7x9.3x3.1x
Sat, 27 Nov 2021CL$26.7tCL$7.5tCL$2.5t10x10.8x3.5x
Mon, 25 Oct 2021CL$24.0tCL$7.2tCL$2.2t9.4x10.8x3.3x
Wed, 22 Sep 2021CL$25.7tCL$7.0tCL$2.2t11.5x11.9x3.7x
Fri, 20 Aug 2021CL$25.4tCL$7.0tCL$2.2t11.4x11.8x3.6x
Fri, 04 Jun 2021CL$26.3tCL$6.6tCL$1.1t13.6x24.3x4x
Mon, 08 Mar 2021CL$26.9tCL$6.4tCL$855.0b14.9x31.4x4.2x
Price to Earnings Ratio

31.4x


Total Market Cap: CL$26.9tTotal Earnings: CL$855.0bTotal Revenue: CL$6.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Chilean Banks Industry Price to Earnings3Y Average 9.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Chilean Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 60% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market0.46%
Financials-0.012%
Banks-0.37%
Regional Banks0%
Diversified Banks-0.37%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 9.7x.
    • Analysts are expecting annual earnings growth of 5.2%, which is higher than its past year's earnings decline of 14.7% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 5.2% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 5.2% 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
BCI Banco de Crédito e InversionesCL$26.80k2.3%
+CL$113.8b
16.3%PB0.8x
CHILE Banco de ChileCL$112.000.9%
+CL$101.0b
29.1%PB2.2x
ITAUCL Banco Itaú ChileCL$9.50k3.3%
+CL$64.9b
19.3%PB0.6x
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Latest News

ITAUCL

CL$9,500.00

Banco Itaú Chile

7D

3.3%

1Y

19.3%

SECURITY

CL$271.00

Grupo Security

7D

-1.5%

1Y

52.5%

BSANTANDER

CL$46.98

Banco Santander-Chile

7D

-0.04%

1Y

34.3%

CHILE

CL$112.00

Banco de Chile

7D

0.9%

1Y

29.1%