Banco de Chile Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 30, 2023 at 07:50 am EDT
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Banco de Chile reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was CLP 376,117 million compared to CLP 313,152 million a year ago. Net income was CLP 259,993 million compared to CLP 339,574 million a year ago. Basic earnings per share from continuing operations was CLP 2.57 compared to CLP 3.36 a year ago. Diluted earnings per share from continuing operations was CLP 2.57 compared to CLP 3.36 a year ago.
For the nine months, net interest income was CLP 1,112,645 million compared to CLP 937,213 million a year ago. Net income was CLP 858,091 million compared to CLP 1,062,823 million a year ago. Basic earnings per share from continuing operations was CLP 8.49 compared to CLP 10.52 a year ago. Diluted earnings per share from continuing operations was CLP 8.49 compared to CLP 10.52 a year ago.
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
BANCO DE CHILE 
