Upside case
Bull case
$70130+186021.0%
BCH would need investors to value it at roughly 27x earnings — about 27x more generous than today's 0x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
Banco de Chile (BCH) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
8
analysts
4 bullish · 0 bearish · 8 covering BCH
Strong Buy
0
Buy
4
Hold
4
Sell
0
Strong Sell
0
Consensus Target
$42
+11.5% vs today
Scenario Range
$9550 – $70130
Model bear to bull value window
Coverage
8
Published analyst ratings
Valuation Context
0.0x
Forward P/E · Market cap $19.0B
BCH price targets
Three scenarios for where BCH stock could go
Current
~$38
Confidence
28 / 100
Updated
May 1, 2026
Where we are now
Current · $38
Bear
$9550
Base
$17320
Bull
$70130
Market caseClosest to today
Base case
$17320+45867.2%
At 7x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$9550+25243.8%
The bear case assumes sentiment or fundamentals disappoint enough to push BCH down roughly 25244% from the current price.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Banco de Chile
BCH · NYSEFinancial ServicesBanks - RegionalDecember year-end
Banco de Chile is a full-service commercial bank providing traditional banking products and services to retail, corporate, and institutional clients across Chile. It generates revenue primarily through net interest income from its lending activities — including commercial, mortgage, and consumer loans — complemented by fee-based income from transaction services, asset management, and insurance brokerage. The bank's competitive advantage stems from its extensive branch network — one of Chile's largest — and its long-established reputation as one of the country's most stable and well-capitalized financial institutions.
Market Cap
$19.0B
Net Income TTM
$1.19T
BCH Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
58%Exceptional
12 quarters tracked
Revenue Beat Rate
50%Exceptional
vs consensus estimates
Avg EPS Surprise
+7.2%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Last 4 Quarters
EPS beats: 2 of 4Q2 2025
EPS
$0.97/$0.58
Revenue
$1.1B/$818M
Q3 2025
EPS
$0.64/$0.63
Revenue
$1.1B/$802M
Q4 2025
EPS
$0.60/$0.62
Revenue
$681M/$842M
Q1 2026
EPS
$0.58/$0.60
Revenue
$862M/$856M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q2 2025 | $0.97/$0.58 | +67.2% | $1.1B/$818M | +29.6% |
| Q3 2025 | $0.64/$0.63 | +1.6% | $1.1B/$802M | +35.0% |
| Q4 2025 | $0.60/$0.62 | -3.2% | $681M/$842M | -19.0% |
| Q1 2026 | $0.58/$0.60 | -3.3% | $862M/$856M | +0.7% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$2.09T
-20.8% YoY
FY2
$1.64T
-21.7% YoY
EPS Outlook
FY1
$1501.94
-36.4% YoY
FY2
$1197.87
-20.2% YoY
Trailing FCF (TTM)-$436.7B
Next Earnings
—
Expected EPS
—
Expected Revenue
—
BCH beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
BCH Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2024
Total disclosed revenue $1.90T
Product Mix
Latest annual revenue by segment or product family
Retail Segment Member
100.0%
+4.4% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Retail Segment Member is the largest disclosed segment at 100.0% of FY 2024 revenue, up 4.4% YoY.
BCH Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Undervalued
Fair value est. $13190 — implies +35499.3% from today's price.
Upside to Fair Value
35499.3%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
BCH
14.5x
vs
S&P 500
25.2x
43% discount
vs Financial Services Trailing P/E
BCH
14.5x
vs
Financial Services
13.4x
+8% premium
vs BCH 5Y Avg P/E
Today
14.5x
vs
5Y Average
0.0x
+140672% premium
Forward PE
0.0x
S&P 500
19.1x
-100%
Financial Services
10.5x
-100%
5Y Avg
—
—
Trailing PE
14.5x
S&P 500
25.2x
-43%
Financial Services
13.4x
+8%
5Y Avg
0.0x
+140672%
PEG Ratio
0.60x
S&P 500
1.75x
-66%
Financial Services
1.03x
-42%
5Y Avg
—
—
EV/EBITDA
19.9x
S&P 500
15.3x
+31%
Financial Services
11.4x
+75%
5Y Avg
4.2x
+377%
Price/FCF
39.1x
S&P 500
21.3x
+83%
Financial Services
10.6x
+267%
5Y Avg
0.1x
+66854%
Price/Sales
6.5x
S&P 500
3.1x
+108%
Financial Services
2.3x
+189%
5Y Avg
0.0x
+196110%
Dividend Yield
5.49%
S&P 500
1.88%
+192%
Financial Services
2.68%
+105%
5Y Avg
—
—
| Metric | BCH | S&P 500 | Financial Services | 5Y Avg BCH |
|---|---|---|---|---|
| Forward PE | 0.0x | 19.1x-100% | 10.5x-100% | — |
| Trailing PE | 14.5x | 25.2x-43% | 13.4x | 0.0x+140672% |
| PEG Ratio | 0.60x | 1.75x-66% | 1.03x-42% | — |
| EV/EBITDA | 19.9x | 15.3x+31% | 11.4x+75% | 4.2x+377% |
| Price/FCF | 39.1x | 21.3x+83% | 10.6x+267% | 0.1x+66854% |
| Price/Sales | 6.5x | 3.1x+108% | 2.3x+189% | 0.0x+196110% |
| Dividend Yield | 5.49% | 1.88% | 2.68% | — |
BCH trades above S&P 500 benchmarks on 3 of 6 measured multiples — is elevated on some multiples, but competitive on others — a mixed valuation picture.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolBCH Financial Health
Verdict
Exceptional
BCH generates 20.6% ROE and 2.2% return on assets — the two primary signals for banking profitability. FCF-based metrics are not applicable to financial companies.
Earnings Engine
Revenue, profitability, and return on capital
Revenue (TTM)
Trailing-twelve-month sales base
—
Revenue Growth
TTM vs prior year
—
Operating Margin
Operating income divided by revenue
—
Net Margin
Net income divided by revenue
—
EPS (TTM)
Diluted earnings per share, trailing twelve months
$2360.52
ROE
Return on equity — the primary profitability signal for banks
20.6%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
10.3%
ROA
Return on assets, trailing twelve months
2.2%
Cash & Equivalents
Liquid assets on the balance sheet
$2.59T
Net Cash
Cash exceeds total debt — no net leverage
$1.50T
FCF Analysis
Traditional FCF and debt/FCF ratios are not meaningful for financial companies. Focus on ROE and ROA above.
ROE
Return on equity — the headline bank profitability metric
20.6%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
5.5%
Dividend
5.5%
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
$1873.90
Payout Ratio
Share of earnings distributed as dividends
79.4%
Shares Outstanding
Current diluted share count
505M
All figures from the trailing twelve months. For financial companies, ROE and ROA are the primary health signals — FCF-based metrics are not applicable.
Open full ratios pageBCH Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Market Competition Risks
Bitcoin Cash faces significant competition from Bitcoin and other cryptocurrencies like Solana, which offer faster transaction speeds and lower fees. Its long-term relevance is at risk due to emerging solutions like Bitcoin's Lightning Network that address scalability issues.
High Risk
Network Security Risks
Bitcoin Cash's network security is weaker than Bitcoin's due to lower miner participation, making it susceptible to 51% attacks. The cost of such attacks can decrease with a decline in hashrate, increasing the risk of exploitation.
High Risk
Regulatory and Adoption Risks
BCH's ideals may conflict with regulatory frameworks, posing challenges for exchange listings and compliance. Limited adoption compared to Bitcoin and other projects significantly hampers its growth potential and survival.
Medium
Volatility and Financial Risks
Bitcoin Cash is known for extreme volatility, with significant price swings that can lead to sharp drawdowns. Limited liquidity compared to Bitcoin increases its exposure to price manipulation.
Medium
Centralization and Manipulation Risks
A large portion of BCH's supply is controlled by a few actors, raising concerns about price manipulation and unforeseen volatility. Centralization of hashrate due to economies of scale makes BCH vulnerable to attacks from larger mining farms.
Lower
Technical Vulnerabilities
Numerous vulnerabilities and bugs have been identified in the Bitcoin Cash codebase, which could expose transactions to exploitation. While BCH aims for scalability through larger block sizes, other networks provide similar or better solutions.
Lower
Community and Branding Risks
BCH suffers from branding confusion and a fractured community, complicating its market positioning. Misleading marketing strategies have attempted to position BCH as the 'real' Bitcoin, which may further confuse potential users.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why BCH Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Recent Price Surge and User Engagement
Bitcoin Cash has experienced a notable price increase of 25% in just a few days, which has been accompanied by a rise in user engagement on the network. This surge indicates growing interest and activity, suggesting a bullish sentiment among users.
Potential for Altcoin Market Rally
A broader rally in the altcoin market could significantly benefit Bitcoin Cash, as many cryptocurrencies are expected to experience gains. This market dynamic could lift BCH's price, independent of specific confidence in Bitcoin Cash itself.
Unique Niche for Microtransactions
A significant market shift towards ultra-low-fee microtransactions, which Bitcoin cannot efficiently serve, could enhance Bitcoin Cash's appeal. This unique positioning could attract a larger user base and drive demand.
Developer Activity and Killer Apps
An increase in developer activity could lead to the creation of a popular 'killer app' for Bitcoin Cash, potentially attracting millions of new users. This resurgence in innovation could significantly boost BCH's adoption and usage.
Strong Historical Bullish Signals
Historically, Bitcoin Cash has shown strong bullish signals following prolonged consolidation phases. This pattern suggests that BCH may be poised for significant growth as it breaks out of its current trading range.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
BCH Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$37.68
52W Range Position
54%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$27.08
+39.1% from the low
52-Week High
$46.77
-19.4% from the high
1 Month
+2.20%
3 Month
-15.21%
YTD
-1.4%
1 Year
+23.5%
3Y CAGR
+18.9%
5Y CAGR
+10.2%
10Y CAGR
+6.6%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
BCH vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
0.0x
vs 0.0x median
+16% above peer median
Revenue Growth
-20.8%
vs -15.3% median
-36% below peer median
Net Margin
—
vs — median
Peer median unavailable
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
BCH BCH Banco de Chile | $19.0B | 0.0x | -20.8% | — | Buy | +11.5% |
BSA BSAC Banco Santander-Chile | $14.8B | 0.0x | -9.1% | — | Hold | +6.3% |
BBD BBD Banco Bradesco S.A. | $40.8B | 1.4x | -15.3% | — | Hold | -17.1% |
ITU ITUB Itaú Unibanco Holding S.A. | $93.1B | 1.8x | +8.0% | — | Buy | -24.5% |
BBA BBAR Banco BBVA Argentina S.A. | $3.2B | 0.0x | -28.8% | — | Buy | +2.4% |
BMA BMA Banco Macro S.A. | $4.8B | 0.0x | -28.4% | — | Buy | +68.9% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
BCH Dividend and Capital Return
BCH returns 5.5% total yield, led by a 5.49% dividend.
Dividend WatchFCF Unknown
Total Shareholder Yield
5.5%
Dividend + buyback return per year
Buyback Yield
0.0%
Dividend Yield
5.49%
Payout Ratio
79.4%
How BCH Splits Its Return
Div 5.49%
Dividend 5.49%Buybacks 0.0%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$1873.90
Growth Streak
Consecutive years of dividend increases
1Y
3Y Div CAGR
16.0%
5Y Div CAGR
20.0%
Ex-Dividend Date
—
Payment Cadence
Annual
1 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$0
Estimated Shares Retired
0
Approx. Share Reduction
0.0%
Shares Outstanding
Current diluted share count from the screening snapshot
505M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.65 | — | — | — |
| 2025 | $2.08 | +26.9% | 0.0% | 100.0% |
| 2024 | $1.64 | -21.3% | 0.0% | 100.0% |
| 2023 | $2.08 | +56.2% | 0.0% | 100.0% |
| 2022 | $1.33 | +119.2% | 0.0% | 100.0% |
FAQ
7 questionsBCH Investor Questions
Common questions answered from live analyst data and company financials.
01Is Banco de Chile (BCH) stock a buy or sell in 2026?
Banco de Chile (BCH) is rated Buy by Wall Street analysts as of 2026. Of 8 analysts covering the stock, 4 rate it Buy or Strong Buy, 4 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $42, implying +11.5% from the current price of $38. The bear case scenario is $9550 and the bull case is $70130.
02What is the BCH stock price target for 2026?
The Wall Street consensus price target for BCH is $42 based on 8 analyst estimates. The high-end target is $48 (+27.4% from today), and the low-end target is $36 (-4.5%). The base case model target is $17320.
03Is Banco de Chile (BCH) stock overvalued in 2026?
BCH trades at 0.0x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals significantly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Banco de Chile (BCH) stock in 2026?
The primary risks for BCH in 2026 are: (1) Market Competition Risks — Bitcoin Cash faces significant competition from Bitcoin and other cryptocurrencies like Solana, which offer faster transaction speeds and lower fees. (2) Network Security Risks — Bitcoin Cash's network security is weaker than Bitcoin's due to lower miner participation, making it susceptible to 51% attacks. (3) Regulatory and Adoption Risks — BCH's ideals may conflict with regulatory frameworks, posing challenges for exchange listings and compliance. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Banco de Chile's revenue and earnings forecast?
Analyst consensus estimates BCH will report consensus revenue of $2.09T (-20.8% year-over-year) and EPS of $1501.94 (-36.4% year-over-year) for the upcoming fiscal year. The following year, analysts project $1.64T in revenue.
06When does Banco de Chile (BCH) report its next earnings?
A confirmed upcoming earnings date for BCH is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Banco de Chile generate?
Banco de Chile (BCH) had a free cash outflow of $436.7B in free cash flow over the trailing twelve months. BCH returns capital to shareholders through dividends (5.5% yield) and share repurchases ($0 TTM).