Banco de Crédito e Inversiones Third Quarter 2024 Earnings: EPS: CL$963 (vs CL$1,094 in 3Q 2023)

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

Key Financial Results

• Revenue: CL$565.7b (up 15% from 3Q 2023).
• Net income: CL$210.4b (up 63% from 3Q 2023).
• Profit margin: 37% (up from 26% in 3Q 2023). The increase in margin was primarily driven by higher revenue.
• EPS: CL$963.

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 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Banks industry in South America.

Performance of the market in Chile.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Banco de Crédito e Inversiones has 3 warning signs we think you should be aware of.

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