Recent Updates — BCH
Banco de Chile reported third-quarter 2026 net income of Ch$287,734 million (approximately USD 315 million), a 1.8% decline from the prior year period. Operating revenues rose 3.0% to Ch$757,587 million, driven by higher customer income and non-customer financial gains. However, these increases were offset by a 21.2% surge in credit loss expenses to Ch$96,392 million due to rising delinquency in the retail segment, as well as a 7.2% increase in operating costs linked to salary inflation adjustments and collective bargaining bonuses. The bank's return on average capital stood at 21.4%. Banco de Chile is a leading full-service financial institution providing banking, insurance, and investment services in Chile.
Banco de Chile reported consolidated net income of MCh$946,928 million (approx. $1.05 billion) for the third quarter ended September 30, 2026, compared to MCh$926,725 million in the prior-year period. Basic earnings per share rose to MCh$9.37 from MCh$9.17. The bank's total assets reached MCh$55.9 trillion as of quarter-end. Banco de Chile is a major commercial bank providing retail, corporate, and treasury banking services in Chile.
The Board of Directors accepted the resignation of Chief Executive Officer Eduardo Ebensperger Orrego, effective April 2, 2027. The board also appointed Hernán Arellano Salas to succeed him as Chief Executive Officer, with an effective start date of April 3, 2027. Ebensperger served in the role for more than ten years. Banco de Chile operates as a commercial bank providing financial services.
Banco de Chile placed senior bonds in the local market on September 4, 2026. The issuance included Serie FT Bonds totaling CLF 466,000 with a maturity date of October 1, 2032 and an average placement rate of 2.86%. Additionally, Serie HC Bonds were issued for CLF 900,000, maturing on August 1, 2034, at an average placement rate of 2.98%. Banco de Chile operates in the banking industry.
Banco de Chile announced the placement of senior, dematerialized bearer bonds in the local market on September 3, 2026. The issuance involves Serie FT Bonds (CMF Registry No. 11/2022) with a total principal amount of 400,000 Chilean UF. These bonds mature on October 1, 2032 and carry an average placement interest rate of 2.88%. The company operates in the banking and financial services industry.
Banco de Chile announced the placement of senior, dematerialized bearer bonds in the local market on August 27, 2026. The issuance involved Serie FT Bonds (CMF Registry No. 11/2022) with a total principal amount of 1,100,000 Chilean UF. These bonds mature on October 1, 2032, and carry an average placement interest rate of 2.92%. Banco de Chile operates in the banking industry.