Executive Summary
Banco de Crédito e Inversiones provides various banking products and services to individuals, micro-enterprises, businesses, and institutions in Chile, the United States, Latin America, and the Asia-Pacific. More Details
Snowflake Analysis
Average dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Banco de Crédito e Inversiones's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BCI is not significantly more volatile than the rest of CL stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BCI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-5.8%
BCI
-2.4%
CL Banks
0.2%
CL Market
1 Year Return
-5.2%
BCI
-6.0%
CL Banks
-5.5%
CL Market
Return vs Industry: BCI exceeded the CL Banks industry which returned -4.7% over the past year.
Return vs Market: BCI exceeded the CL Market which returned -5.3% over the past year.
Shareholder returns
| BCI | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.8% | -2.4% | 0.2% |
| 30 Day | 12.9% | 7.9% | 8.8% |
| 90 Day | 13.5% | 17.1% | 15.0% |
| 1 Year | -1.8%-5.2% | -1.3%-6.0% | -1.1%-5.5% |
| 3 Year | -20.2%-26.7% | -7.7%-17.9% | -17.8%-26.2% |
| 5 Year | 47.4%26.0% | 65.5%34.9% | 26.6%-2.0% |
Long-Term Price Volatility Vs. Market
How volatile is Banco de Crédito e Inversiones's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
What Type Of Returns Would Banco de Crédito e Inversiones'(SNSE:BCI) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?1 month ago | Simply Wall St
Is Banco de Crédito e Inversiones (SNSE:BCI) The Right Choice For A Smart Dividend Investor?2 months ago | Simply Wall St
How Many Banco de Crédito e Inversiones (SNSE:BCI) Shares Do Institutions Own?Valuation
Is Banco de Crédito e Inversiones undervalued compared to its fair value and its price relative to the market?
14.95x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BCI (CLP31850) is trading above our estimate of fair value (CLP3752.63)
Significantly Below Fair Value: BCI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BCI is good value based on its PE Ratio (15.6x) compared to the CL Banks industry average (16.1x).
PE vs Market: BCI is poor value based on its PE Ratio (15.6x) compared to the CL market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: BCI is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: BCI's PB Ratio (1.2x) is in line with the CL Banks industry average.
Next Steps
Future Growth
How is Banco de Crédito e Inversiones forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
25.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCI's forecast earnings growth (25% per year) is above the savings rate (7.9%).
Earnings vs Market: BCI's earnings (25% per year) are forecast to grow slower than the CL market (39.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BCI's revenue (9.3% per year) is forecast to grow faster than the CL market (7.2% per year).
High Growth Revenue: BCI's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCI's Return on Equity is forecast to be low in 3 years time (10%).
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Past Performance
How has Banco de Crédito e Inversiones performed over the past 5 years?
1.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCI has high quality earnings.
Growing Profit Margin: BCI's current net profit margins (21.6%) are lower than last year (28.4%).
Past Earnings Growth Analysis
Earnings Trend: BCI's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: BCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BCI had negative earnings growth (-26.6%) over the past year, making it difficult to compare to the Banks industry average (-21.1%).
Return on Equity
High ROE: BCI's Return on Equity (7.7%) is considered low.
Next Steps
Financial Health
How is Banco de Crédito e Inversiones's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BCI's Assets to Equity ratio (14.4x) is moderate.
Allowance for Bad Loans: BCI has a low allowance for bad loans (48%).
Low Risk Liabilities: 53% of BCI's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCI has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: BCI's Loans to Deposits ratio (129%) is high.
Level of Bad Loans: BCI has a high level of bad loans (4.3%).
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Dividend
What is Banco de Crédito e Inversiones's current dividend yield, its reliability and sustainability?
3.11%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BCI's dividend (2.99%) is higher than the bottom 25% of dividend payers in the CL market (2.17%).
High Dividend: BCI's dividend (2.99%) is low compared to the top 25% of dividend payers in the CL market (5.76%).
Stability and Growth of Payments
Stable Dividend: BCI's dividend payments have been volatile in the past 10 years.
Growing Dividend: BCI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.5%), BCI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BCI's dividends in 3 years are forecast to be well covered by earnings (27.1% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average board tenure
CEO
Eugenio Von Chrismar Carvajal
5.83yrs
Tenure
Mr. Eugenio von Chrismar Carvajal serves as Chief Executive Officer of Banco de Credito e Inversiones SA since March 2015. Mr. Carvajal serves as Director of BCI Factoring SA. He holds a degree in civil en...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 9.67yrs | no data | no data | |
| Director | 9.83yrs | no data | no data | |
| Chairman of the Board | 29.25yrs | no data | no data | |
| Vice Chairman of the Board | 5.83yrs | no data | no data | |
| Director | 3yrs | no data | no data | |
| Independent Director | 1.75yrs | no data | no data | |
| Director | 4.83yrs | no data | no data | |
| Independent Director | 4.17yrs | no data | no data | |
| Director | 4yrs | no data | no data |
4.8yrs
Average Tenure
Experienced Board: BCI's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco de Crédito e Inversiones's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banco de Crédito e Inversiones
- Ticker: BCI
- Exchange: SNSE
- Founded: 1937
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CL$4.738t
- Shares outstanding: 148.77m
- Website: https://www.bci.cl
Number of Employees
Location
- Banco de Crédito e Inversiones
- Avenida El Golf 125
- Piso 7
- Santiago
- Region Metropolitana (Santiago)
- Chile
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BCI | SNSE (Santiago Stock Exchange) | Yes | Common Shares | CL | CLP | Dec 1992 |
Biography
Banco de Crédito e Inversiones provides various banking products and services to individuals, micro-enterprises, businesses, and institutions in Chile, the United States, Latin America, and the Asia-Pacifi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 22:02 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.