Banco De Chile
NYSE: BCH · FINANCIAL SERVICES · BANKS - REGIONAL
Updated 2026-06-05
Banco De Chile (BCH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01T | $1.43T | $1.96T | $1.26T | $1.49T | $1.87T | $2.03T | $2.18T | $2.45T | $2.34T | $2.40T | $2.33T | $2.50T | $2.73T | $2.49T | $3.03T | $5.31T | $5.09T | $4.65T | $3.03T |
| Revenue growth (YoY) | — | +42.5% | +36.5% | -35.7% | +18.1% | +25.5% | +8.9% | +7.4% | +12.3% | -4.6% | +2.8% | -2.9% | +7.2% | +9.3% | -9.0% | +21.8% | +75.4% | -4.1% | -8.8% | -34.9% |
| Cost of revenue | $406.98B | $747.14B | $1.04T | $464.23B | $482.03B | $771.13B | $875.05B | $926.02B | $1.05T | $926.39B | $949.52B | $873.26B | $929.41B | $1.07T | $1.11T | $832.62B | $2.60T | $2.33T | $1.96T | $381.92B |
| Gross profit | $598.96B | $686.68B | $914.85B | $793.88B | $1.00T | $1.09T | $1.16T | $1.25T | $1.40T | $1.41T | $1.45T | $1.46T | $1.57T | $1.66T | $1.38T | $2.20T | $2.71T | $2.77T | $2.69T | $2.64T |
| Gross margin | 59.5% | 47.9% | 46.7% | 63.1% | 67.6% | 58.7% | 56.9% | 57.5% | 57.1% | 60.4% | 60.5% | 62.6% | 62.8% | 60.7% | 55.3% | 72.5% | 51.0% | 54.3% | 57.8% | 87.4% |
| R&D | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $157.38B | $338.53B | $482.12B | $433.78B | $438.92B | $510.57B | $515.25B | $534.17B | $613.42B | $627.44B | $679.21B | $686.00B | $709.21B | $741.73B | $722.60B | $662.96B | $992.24B | $1.12T | $1.15T | $1.13T |
| Operating income | $218.54B | $293.17B | $361.91B | $302.13B | $464.13B | $503.57B | $543.81B | $639.27B | $675.20B | $692.23B | $675.26B | $687.44B | $763.40B | $777.41B | $504.85B | $1.33T | $1.74T | $1.70T | $1.58T | $1.51T |
| Operating margin | 21.7% | 20.4% | 18.5% | 24.0% | 31.2% | 27.0% | 26.8% | 29.3% | 27.6% | 29.6% | 28.1% | 29.4% | 30.5% | 28.4% | 20.3% | 44.0% | 32.7% | 33.3% | 34.0% | 50.0% |
| EBITDA | $238.24B | $318.47B | $400.98B | $338.58B | $499.09B | $538.71B | $578.96B | $666.95B | $707.99B | $724.05B | $710.84B | $724.98B | $801.08B | $847.95B | $578.21B | $1.41T | $1.82T | $1.79T | $1.68T | $1.61T |
| EBITDA margin | 23.7% | 22.2% | 20.5% | 26.9% | 33.6% | 28.9% | 28.5% | 30.6% | 28.9% | 31.0% | 29.6% | 31.1% | 32.0% | 31.0% | 23.2% | 46.5% | 34.2% | 35.1% | 36.1% | 53.1% |
| EBIT | $218.54B | $293.17B | $361.91B | $302.13B | $464.13B | $503.57B | $543.81B | $639.27B | $675.20B | $692.23B | $675.26B | $687.44B | $763.40B | $777.41B | $504.85B | $1.33T | $1.74T | $1.70T | $1.58T | $1.51T |
| Interest expense | $370.89B | $690.46B | $893.08B | $222.88B | $324.38B | $624.21B | $708.63B | $704.37B | $788.79B | $680.17B | $690.26B | $652.00B | $679.64B | $742.27B | $560.01B | $814.45B | $2.20T | $2.12T | $1.61T | $969.64B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $194.54B | $263.85B | $365.05B | $261.74B | $417.61B | $438.14B | $479.88B | $550.19B | $595.52B | $609.90B | $575.05B | $572.08B | $603.63B | $603.74B | $401.63B | $1.06T | $1.45T | $1.37T | $1.25T | $1.19T |
| Net income growth (YoY) | — | +35.6% | +38.4% | -28.3% | +59.6% | +4.9% | +9.5% | +14.7% | +8.2% | +2.4% | -5.7% | -0.5% | +5.5% | +0.0% | -33.5% | +163.0% | +36.9% | -5.0% | -9.1% | -4.5% |
| Profit margin | 19.3% | 18.4% | 18.7% | 20.8% | 28.1% | 23.5% | 23.6% | 25.2% | 24.3% | 26.1% | 23.9% | 24.5% | 24.1% | 22.1% | 16.1% | 34.9% | 27.2% | 27.0% | 26.9% | 39.4% |
Frequently asked questions
What is Banco De Chile's revenue?
Banco De Chile's trailing twelve-month revenue is $2.69T, and consensus projects about $3.40T by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is BCH?
In its most recent fiscal year, BCH ran a gross margin of 87.38%, an operating margin of 49.98%, and a net margin of 39.40%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does BCH generate?
BCH produced $748.78B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is BCH's balance sheet healthy?
BCH holds $3.01T in cash and equivalents against $10.30T in long-term debt, on $6.69T of shareholder equity. That debt is best read against the cash flow the business throws off each year.