Banco De Chile (BCH) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Banco De Chile stock $24.88, price $38.66, that is 35.6% below the price, quality 61 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $10.69 – $43.70 · fair‑value band $18.66 – $31.10 · the $38.66 price screens above the $24.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Banco de Chile, together with its subsidiaries, provides commercial banking services in Chile. It operates through four segments: Retail Banking, Wholesale Banking, Treasury, and Subsidiaries.
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The company offers current account and digital student plans; digital and checking accounts; mortgage loans; credit and debit cards; consumer credit; applications; deposits and savings; financing; autoleasing; online payments; cell phone top-ups; foreign currency; and income accreditation.
It also provides insurance products, including journey, health, protection, home, life, and automotive; and investments, such as mutual, investment, and APV funds, stocks, fixed income, and derivative products.
In addition, the company offers cash management comprising mass and easy payments, collection, and fund transfers; foreign trade, which includes imports, exports, international network products, Banchile international transport insurance, and customs guarantee insurance; and other services, such as bank connection, financial portability, digital VAT and signature, financial advice, and SME program.
It serves individuals, private entities, companies, and small and medium-sized enterprises. The company was founded in 1893 and is headquartered in Santiago, Chile.
Stock analysis
Banco De Chile (BCH) currently trades at $38.66, while our model-based Fair Value estimate is $24.88, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of $40.38 per share, and 1 of the 6 models we run sit above the $38.66 price.
Bear case: the Asset-Based group reads lowest at $8.81, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $18.66 (bear) to $31.10 (bull), the price of $38.66 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Banco De Chile reported revenue of 3.0T CLP in FY2025 versus 3.0T CLP in FY2021, a compound 0.0%/yr. Reported net income was 1.2T CLP in FY2025, compounding +3.1%/yr from FY2021.
Key figures
Market cap $19.5B Large · P/E ratio 14.8 · P/S ratio 5.84 · EPS (TTM) $2.61 · Dividend yield 5.4% · Net margin 39.4% · Return on equity 21.1% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (medium confidence).
What moves the price
The share trades about 12% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −36%, BCH screens richer than that median.
Fair Value models
Bear$18.66Fair Value $24.88Bull$31.10
Price $38.66 · Downside -35.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($2.23 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.94/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.2%
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.1%
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What shareholders gained per year (last 5 years), in CLP ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in CLP: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+20.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.6%
Dividend (yield on the price)5.4%
Per share before 2016divided by the spin-off factor 1.0223
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.14.6% vs 7.6%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 50%
News mood ⓘNews mood, the average tone of recent news (95 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Banco de Chile draws strength from its solid capital base while its main weakness remains subdued loan growth amid higher credit costs and tax pressures despite digital initiatives.
Main risk: Neobanks such as Tenpo and fintechs like Mercado Pago could capture low-margin payment and account segments from Banco de Chile through fully digital low-cost offerings, pressuring fees and customer acquisition in Chile.
Bull case: Banco de Chile could leverage its Microsoft GenAI alliance and B-Pago acquiring network to integrate superior digital tools and retain high-margin clients against neobank pressure.
Bear case: If neobanks and fintechs accelerate digital migration while regulatory costs mount, Banco de Chile might lose significant low- and mid-tier customers, compressing fee income and forcing costly branch or process overhauls.
Banco de Chile keeps a strong capital base while shifting focus to efficiency improvements and fee income. Loan growth remains subdued amid higher credit costs and tax pressures, even with new digital initiatives. Will these levers deliver more than they offset in the current environment?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 5/15 measures
Overall it trails its industry peers.
Valuation
Quality Score61 · Top 25%
Fair Value upside−35.6% · Bottom 25%
Profitability
Return on equity (12 months)21.1% · Top 25%
Return on assets2.2% · Top 25%
Net margin (12 months)45.2% · Top 25%
Operating margin (12 months)0.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)0.8% · Bottom 25%
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity1.54× · Highest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Banco De Chile Fair Value". https://www.fairvalue-calculator.com/stock/BCH
Frequently asked questions
Is Banco De Chile (BCH) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $24.88 versus a price of $38.66, about 36% lower (overvalued).
What is the fair value of BCH?
Our model-based fair value for Banco De Chile is $24.88 (as of Nov 6, 2026), built from audited fundamentals. The current price: $38.66.
What is the quality score of BCH?
Banco De Chile has a Quality Score of 61/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Banco De Chile (BCH)?
Our model-based price target is the fair value of $24.88 (as of Nov 6, 2026) from 6 valuation models. Cautious scenario $18.66, optimistic scenario $31.10. It is a calculation from audited fundamentals, not an analyst target.
What is the Banco De Chile stock forecast for 2026?
Our models put fair value at $24.88, about 36% lower versus a price of $38.66 (overvalued). Cautious scenario $18.66, optimistic scenario $31.10. The calculation is refreshed regularly with new filings.
What is the revenue of Banco De Chile (BCH)?
Banco De Chile reported trailing-twelve-month revenue of about 2.7T CLP (latest available figure, as of Nov 6, 2026).
Does Banco De Chile pay a dividend?
Banco De Chile currently shows a dividend yield of 5.39% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Banco De Chile (BCH) and when is the ex-dividend date?
Banco De Chile has a dividend yield of 5.4%. The last ex-dividend date was Mar 30, 2026. A dividend has been paid every year since at least 2002. The payout ratio is 86.1% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Banco De Chile (BCH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Banco De Chile it is $24.88 per share (as of Nov 6, 2026), against a price of $38.66. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Banco De Chile stock overvalued or undervalued in 2026?
As of Nov 6, 2026, BCH trades above its calculated fair value: price $38.66, fair value $24.88, a gap of about −36% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BCH?
No. The price is what the market pays today ($38.66); the fair value is what the company's own numbers justify ($24.88). For Banco De Chile the two are $13.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is Banco De Chile worth?
The market values Banco De Chile at about $19.5B (market capitalisation, as of Nov 6, 2026). Per share that is $38.66; our models calculate a fair value of $24.88 per share.
What do the bullish and bearish scenarios say about BCH?
Our models span a range for Banco De Chile: cautious scenario $18.66, base $24.88, optimistic $31.10 per share (as of Nov 6, 2026, price $38.66). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BCH?
Banco De Chile trades at a price-to-earnings ratio of 14.8 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $24.88 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2018 to 2025), reported earnings, FY2020, FY2021, FY2023 ex one-offs: 11.3. Other multiples: PEG 2.3, P/B 2.9, P/S 7.1, EV/EBITDA 16.4.
What is the PEG ratio of BCH?
The PEG ratio of Banco De Chile is 2.25 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Banco De Chile (BCH)?
Balance-sheet figures for Banco De Chile (as of Nov 6, 2026): return on equity 21.1%, debt of 1.54 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is BCH from its 52-week high?
Banco De Chile trades at $38.66, about 12% below its 52-week high of $43.70 and 14% above the low of $33.91 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $24.88 is for.
Which stocks are comparable to Banco De Chile?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Banco De Chile stock attractive at the current price?
The data as of Nov 6, 2026: price $38.66, calculated fair value $24.88 (−36%), Quality Score 61/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BCH calculated?
We run Banco De Chile through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $24.88 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Banco De Chile itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Banco De Chile (BCH)?
The closing price on Nov 6, 2026 was $38.66. Our model-based fair value is $24.88, about 36% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Banco De Chile right now?
The price sits above even our optimistic bull case ($31.10). The favourable scenario is already priced in. Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Banco De Chile (BCH) come from?
Earnings per share at Banco De Chile grew +8.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.7 %, EBIT margin +3.1 %, tax rate −1.0 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Banco De Chile
How large is the market capitalisation of Banco De Chile (BCH)?
The market capitalisation of Banco De Chile is $19.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Banco De Chile (BCH)?
The price-to-sales ratio of Banco De Chile is 5.84 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Banco De Chile (BCH)?
Earnings per share at Banco De Chile are $2.61 (price ÷ EPS = P/E 14.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Banco De Chile (BCH)?
The dividend yield of Banco De Chile is 5.4% (payout 79.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Banco De Chile (BCH)?
The net margin of Banco De Chile is 39.4% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Banco De Chile (BCH)?
The return on equity (ROE) of Banco De Chile is 21.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Banco De Chile (BCH)?
On an EBIT basis the return on assets of Banco De Chile is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at Banco De Chile (BCH)?
Revenue at Banco De Chile is growing +0.8% versus a year earlier (3y avg −17.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Banco De Chile (BCH)?
Earnings per share at Banco De Chile are growing −1.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Banco De Chile (BCH) generate?
The free cash flow of Banco De Chile is 749B CLP (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Banco De Chile (BCH) carry?
The net debt of Banco De Chile is 10.5T CLP (fiscal year 2025, ≈ 14.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026