Banco de Chile Past Earnings Performance
Past criteria checks 2/6
Banco de Chile has been growing earnings at an average annual rate of 24.3%, while the Banks industry saw earnings declining at 2.8% annually. Revenues have been growing at an average rate of 14.8% per year. Banco de Chile's return on equity is 27.2%, and it has net margins of 48.7%.
Key information
24.3%
Earnings growth rate
24.3%
EPS growth rate
| Banks Industry Growth | 2.7% |
| Revenue growth rate | 14.8% |
| Return on equity | 27.2% |
| Net Margin | 48.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Banco de Chile makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 2,884,829 | 1,405,730 | 1,046,304 | 0 |
| 31 Dec 23 | 2,814,644 | 1,374,026 | 1,031,674 | 0 |
| 30 Sep 23 | 2,631,561 | 1,241,067 | 1,010,956 | 0 |
| 30 Jun 23 | 2,682,093 | 1,320,648 | 988,841 | 0 |
| 31 Mar 23 | 2,741,705 | 1,420,023 | 950,511 | 0 |
| 31 Dec 22 | 2,730,493 | 1,445,799 | 923,341 | 0 |
| 30 Sep 22 | 2,559,672 | 1,349,838 | 885,558 | 0 |
| 30 Jun 22 | 2,329,713 | 1,189,751 | 844,469 | 0 |
| 31 Mar 22 | 2,006,465 | 921,954 | 823,441 | 0 |
| 31 Dec 21 | 2,205,699 | 1,056,316 | 810,911 | 0 |
| 30 Sep 21 | 1,674,821 | 631,461 | 814,069 | 0 |
| 30 Jun 21 | 1,562,595 | 540,212 | 807,916 | 0 |
| 31 Mar 21 | 1,509,805 | 488,190 | 809,970 | 0 |
| 31 Dec 20 | 1,476,063 | 463,108 | 800,407 | 0 |
| 30 Sep 20 | 1,510,145 | 483,968 | 801,282 | 0 |
| 30 Jun 20 | 1,593,583 | 547,930 | 811,686 | 0 |
| 31 Mar 20 | 1,699,339 | 628,353 | 818,888 | 0 |
| 31 Dec 19 | 1,667,246 | 593,008 | 824,111 | 0 |
| 30 Sep 19 | 1,683,880 | 607,385 | 812,803 | 0 |
| 30 Jun 19 | 1,640,191 | 583,321 | 805,978 | 0 |
| 31 Mar 19 | 1,573,337 | 553,758 | 782,478 | 0 |
| 31 Dec 18 | 1,591,871 | 594,872 | 770,873 | 0 |
| 30 Sep 18 | 1,521,986 | 575,702 | 747,697 | 0 |
| 30 Jun 18 | 1,506,087 | 581,415 | 732,206 | 0 |
| 31 Mar 18 | 1,488,657 | 578,670 | 727,645 | 0 |
| 31 Dec 17 | 1,474,287 | 576,012 | 719,890 | 0 |
| 30 Sep 17 | 1,432,237 | 557,694 | 714,895 | 0 |
| 30 Jun 17 | 1,442,062 | 568,548 | 716,102 | 0 |
| 31 Mar 17 | 1,438,639 | 559,715 | 717,676 | 0 |
| 31 Dec 16 | 1,425,057 | 552,249 | 718,854 | 0 |
| 30 Sep 16 | 1,432,496 | 568,313 | 719,108 | 0 |
| 30 Jun 16 | 1,396,632 | 557,410 | 705,405 | 0 |
| 31 Mar 16 | 1,373,264 | 574,807 | 684,589 | 0 |
| 31 Dec 15 | 1,343,289 | 558,995 | 664,954 | 0 |
| 30 Sep 15 | 1,370,302 | 547,030 | 720,947 | 0 |
| 30 Jun 15 | 1,366,541 | 571,948 | 708,001 | 0 |
| 31 Mar 15 | 1,346,857 | 557,045 | 699,326 | 0 |
| 31 Dec 14 | 1,362,409 | 591,080 | 685,550 | 0 |
| 30 Sep 14 | 1,320,341 | 595,829 | 612,297 | 0 |
| 30 Jun 14 | 1,306,087 | 574,497 | 598,624 | 0 |
| 31 Mar 14 | 1,257,077 | 542,882 | 585,242 | 0 |
| 31 Dec 13 | 1,214,407 | 513,602 | 575,441 | 0 |
| 30 Sep 13 | 1,205,866 | 520,420 | 567,653 | 0 |
| 30 Jun 13 | 1,158,137 | 482,819 | 566,160 | 0 |
Quality Earnings: CHILECO has high quality earnings.
Growing Profit Margin: CHILECO's current net profit margins (48.7%) are lower than last year (51.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CHILECO's earnings have grown significantly by 24.3% per year over the past 5 years.
Accelerating Growth: CHILECO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CHILECO had negative earnings growth (-1%) over the past year, making it difficult to compare to the Banks industry average (-61.6%).
Return on Equity
High ROE: Whilst CHILECO's Return on Equity (27.16%) is high, this metric is skewed due to their high level of debt.