Banco de ChileBCH
Market Cap: 11.9B
About: Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.
Employees: 12,217
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
130% more call options, than puts
Call options by funds: $129K | Put options by funds: $56K
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
3% more capital invested
Capital invested by funds: $145M [Q4 2023] → $149M (+$4.23M) [Q1 2024]
0.1% more ownership
Funds ownership: 0.01% [Q4 2023] → 0.11% (+0.1%) [Q1 2024]
3% less funds holding
Funds holding: 92 [Q4 2023] → 89 (-3) [Q1 2024]
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
JP Morgan Domingos Falavina | 11%downside $21 | Neutral Maintained | 16 Apr 2024 |