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.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record average dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.0%
BCI
-1.2%
CL Banks
-0.6%
CL Market
1 Year Return
-16.4%
BCI
-22.5%
CL Banks
-17.3%
CL Market
Return vs Industry: BCI exceeded the CL Banks industry which returned -22.5% over the past year.
Return vs Market: BCI matched the CL Market which returned -17.3% over the past year.
Shareholder returns
| BCI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.2% | -0.6% |
| 30 Day | -0.6% | -4.2% | -4.1% |
| 90 Day | -9.6% | -13.7% | -5.0% |
| 1 Year | -14.5%-16.4% | -20.3%-22.5% | -14.5%-17.3% |
| 3 Year | 18.5%9.8% | 27.0%15.0% | 8.2%-1.3% |
| 5 Year | 60.0%36.6% | 68.2%37.2% | 21.9%-4.2% |
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
If You Had Bought Banco de Crédito e Inversiones (SNSE:BCI) Shares Five Years Ago You'd Have Made 28%1 month ago | Simply Wall St
Is Banco de Crédito e Inversiones's (SNSE:BCI) 2.6% Dividend Worth Your Time?1 month ago | Simply Wall St
What Kind Of Shareholders Own Banco de Crédito e Inversiones (SNSE:BCI)?Valuation
Is Banco de Crédito e Inversiones undervalued compared to its fair value and its price relative to the market?
12.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BCI (CLP36191) is trading above our estimate of fair value (CLP14476.76)
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 (12.2x) compared to the Banks industry average (13.5x).
PE vs Market: BCI is good value based on its PE Ratio (12.2x) compared to the CL market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: BCI is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: BCI is good value based on its PB Ratio (1.4x) compared to the CL Banks industry average (1.4x).
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?
10.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCI's forecast earnings growth (10.4% per year) is above the savings rate (7.5%).
Earnings vs Market: BCI's earnings (10.4% per year) are forecast to grow slower than the CL market (13.4% per year).
High Growth Earnings: BCI's earnings are forecast to grow, but not significantly.
Revenue vs Market: BCI's revenue (8.2% per year) is forecast to grow faster than the CL market (5.5% per year).
High Growth Revenue: BCI's revenue (8.2% 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 (11.6%).
Next Steps
Past Performance
How has Banco de Crédito e Inversiones performed over the past 5 years?
4.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCI has high quality earnings.
Growing Profit Margin: BCI's current net profit margins (28.4%) are lower than last year (28.4%).
Past Earnings Growth Analysis
Earnings Trend: BCI's earnings have grown by 4.1% per year over the past 5 years.
Accelerating Growth: BCI's earnings growth over the past year (15.5%) exceeds its 5-year average (4.1% per year).
Earnings vs Industry: BCI earnings growth over the past year (15.5%) exceeded the Banks industry 6.2%.
Return on Equity
High ROE: BCI's Return on Equity (11.3%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: BCI has a low level of unsold assets or inventory.
Debt Coverage by Assets: BCI's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: BCI's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BCI has a low allowance for bad loans.
Low Risk Liabilities: BCI's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BCI has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: BCI has a high level of bad loans (4.13%)
Next Steps
Dividend
What is Banco de Crédito e Inversiones's current dividend yield, its reliability and sustainability?
2.65%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BCI's dividend (2.65%) is higher than the bottom 25% of dividend payers in the CL market (2.46%).
High Dividend: BCI's dividend (2.65%) is low compared to the top 25% of dividend payers in the CL market (5.5%).
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 (32.5%), 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 (40.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average board tenure
CEO
Eugenio Von Chrismar Carvajal 0
4.9yrs
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 | 8.8yrs | no data | no data | |
| Director | 8.9yrs | no data | no data | |
| Chairman of the Board | 28.3yrs | no data | 0.99% CLP50.7b | |
| Vice Chairman of the Board | 4.9yrs | no data | no data | |
| Director | 2.1yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Director | 3.9yrs | no data | no data | |
| Independent Director | 3.3yrs | no data | no data |
4.4yrs
Average Tenure
Experienced Board: BCI's board of directors are considered experienced (4.4 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 been diluted in the past year, with total shares outstanding growing by 7.4%.
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$5.125t
- Shares outstanding: 141.62m
- 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-Pacific. It operates through Retail Banking, Wholesale Banking, and Finance Division business units. The company offers current accounts, cards, and investments; insurance, payment, foreign trade, and cash management services; financing services, such as working capital, guarantee ballot, factoring, leasing, long term financing, and credit line; and institutional and real estate banking, ERNC and infrastructure project, sales and trading, and corporate finance services. It also provides wealth management and corporate services. The company was founded in 1937 and is headquartered in Santiago, Chile. Banco de Crédito e Inversiones is a subsidiary of Empresas Juan Yarur SpA.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/16 18:02 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.