Stock Analysis

Banco de Crédito e Inversiones First Quarter 2024 Earnings: EPS: CL$949 (vs CL$897 in 1Q 2023)

Simply Wall St

April 12, 2024

Banco de Crédito e Inversiones (SNSE:BCI) First Quarter 2024 Results

Key Financial Results

Revenue: CL$586.9b (up 21% from 1Q 2023).
Net income: CL$207.4b (up 21% from 1Q 2023).
Profit margin: 35% (in line with 1Q 2023).
EPS: CL$949 (up from CL$897 in 1Q 2023).

earnings-and-revenue-growth — SNSE:BCI Earnings and Revenue Growth April 12th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Banco de Crédito e Inversiones Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Banks industry in South America.

Performance of the market in Chile.

The company's shares are up 3.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Banco de Crédito e Inversiones you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.