BCH
Banco De Chile
NYSE: BCH · FINANCIAL SERVICES · BANKS - REGIONAL
$36.09
-1.64% today
Updated 2026-06-05
Market cap
$19.47B
P/E ratio
15.86
P/S ratio
6.03x
EPS (TTM)
$2.43
Dividend yield
5.68%
52W range
$26 – $44
Volume
0.4M
Banco De Chile (BCH) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed BCH price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$36.09
Today
Analyst consensus
$40.00
+10.83% · 12M
2030 Base
$-4,991.56
-13930.87% future
NPV today
$-4,991.56
@ 5% WACC
12 analysts:
1 Buy9 Hold2 Sell
Management guidance
Management has not provided explicit forward revenue guidance beyond 2025. Recent earnings (Q1 2026) showed net revenue declining 3.9% YoY to CLP 779.2B, with management citing lower inflation and higher credit costs. FY2025 guidance indicated projected ROAC of ~21%, NIM around 4.7%, efficiency ~38%, and loan growth of 4.0-4.5%, suggesting conservative single-digit to low-double-digit revenue growth through 2026.
Sources: Management guidance, analyst consensus, sector analysismedium confidence
BCH · Banco De Chile · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$-18,454.64
NPV today: $-18,454.64
Base case (2030)
$-4,991.56
NPV today: $-4,991.56
Bull case (2030)
$15,203.06
NPV today: $11,982.19
WallStSmart.com
BCH financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $3026.0B | $2750.0B | $2890.0B | $3050.0B | $3220.0B | $3400.0B |
| Revenue growth | -34.9% | 4.2% | 5.1% | 5.5% | 5.6% | 5.6% |
| Net margin | — | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| EPS | $2.54 | $2.87 | $3.08 | $3.32 | $3.58 | $3.85 |
| Diluted shares | — | 505M | 505M | 505M | 505M | 505M |
| Net debt | — | $13.89T | $13.62T | $13.34T | $13.04T | $12.72T |
| P/S multiple | — | 3.0x | 3.0x | 3.0x | 3.0x | 3.0x |
| Implied price (base) | — | $-11,171.35 | $-9,806.21 | $-8,292.72 | $-6,688.46 | $-4,991.56 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $3400.0B | $3400.0B | $3400.0B |
| P/S multiple | 1.0x | 3.0x | 6.0x |
| Diluted shares | 505M | 505M | 505M |
| Net debt | $12.72T | $12.72T | $12.72T |
| Implied P/E † | -4793x | -1297x | 3949x |
| 2030 Price | $-18,454.64 | $-4,991.56 | $15,203.06 |
| NPV @ 5% | $-18,454.64 | $-4,991.56 | $11,982.19 |
† Implied P/E: Multiples remain elevated across all three scenarios because BCH is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $-4,991.56 base case
BCH catalysts and risks
Growth catalysts
+ Regulatory changes allowing internal risk models expected to free up capital for growth and improve ROE
+ Inflationary pressures boosting interest margins; margin stabilization post-inflation normalization
+ Digital transformation and operational efficiency initiatives improving cost-to-income ratios
+ Special dividend distributions and capital repatriation supporting shareholder returns
+ Potential loan growth acceleration in Chilean economy if inflation moderates further
Key risks
- Revenue declining (-2.95% in 2025, -3.9% in Q1 2026) due to margin compression and lower inflation
- Rising credit loss provisions (+26.6% in Q1 2026) signaling deteriorating credit environment
- Chilean economic sensitivity to commodity prices and regional macroeconomic volatility
- Limited analyst optimism: consensus 'Reduce' rating with only 1 analyst rating stock positively
- Net income falling 18.3% YoY in Q1 2026 despite strong capital ratios, indicating profit pressure
- Currency risk for USD-based investors; Chilean peso volatility
Methodology · Banco De Chile 2030 stock forecast model
Banco De Chile 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 12 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (0% cumulative for BCH by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($12.72T by 2030) |
| 3. Time value | NPV calculated using 5% WACC (CAPM: beta 0.139) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 3.0x / bull 6.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
BCH price target FAQ
What is the BCH price target for 2030?
WallStSmart's Banco De Chile 2030 base case is $-4,991.56 per share, with a bull case of $15,203.06 and bear case of $-18,454.64. The NPV of the base case discounted to today at 5% WACC is $-4,991.56.
How is the Banco De Chile 2030 stock forecast calculated?
The BCH 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the BCH price target account for dilution?
Banco De Chile is projected to grow diluted share count from 505M to 505M by 2030 (a 0% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 0%.
What is the analyst consensus on BCH stock?
12 analysts cover BCH with an average 12-month price target of $40.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.