BCH FY 2024 Earnings Report — Banco de Chile Revenue & Financial Results | Market Cap Arena

Banco de ChileBCH

FY 2024 Earnings

Reported April 25, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$5.2B	—	$5.7B	—	-8.8%
Op. Income	$1.8B	—	$1.9B	—	-6.7%
Gross Margin	57.8%	—	54.3%	—	3.5pp
Net Margin	26.9%	—	27.0%	—	-0.1pp
EPS (Diluted)	$2.69	—	$3.06	—	-12.1%
Free Cash Flow	$427M	—	$1.8B	—	-76.9%

Revenue Flow

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.2B
GROSS PROFIT	$3.0B
R&D Expenses	$0
Selling & Marketing	$38M
General & Administrative	$1.3B
SG&A Expenses	$1.3B
Other Expenses	-$90M
Operating Expenses	$1.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$1.8B
Interest Income	$4.2B
Interest Expense	$1.8B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$375M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$106M
EBIT	$1.8B
EBITDA	$1.9B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$5.2B
Cost of Revenue	$2.2B
GROSS PROFIT	$3.0B
R&D Expenses	$0
Selling & Marketing	$38M
General & Administrative	$1.3B
SG&A Expenses	$1.3B
Other Expenses	-$90M
Operating Expenses	$1.2B
Cost & Expenses	$3.5B
OPERATING INCOME	$1.8B
Interest Income	$4.2B
Interest Expense	$1.8B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.8B
Income Tax Expense	$375M
Net Income from Continuing Ops	$1.4B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.4B
D&A	$106M
EBIT	$1.8B
EBITDA	$1.9B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$1.4B
Depreciation & Amortization	$106M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$3.2B
Change in Working Capital	-$4.3B
OPERATING CASH FLOW	$446M
Capital Expenditure	-$19M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$46M
NET CASH FROM INVESTING	-$66M
Net Debt Issuance	-$445M
Common Stock Repurchased	$0
Common Dividends Paid	-$918M
Other Financing Activities	-$390M
NET CASH FROM FINANCING	-$1.8B
FREE CASH FLOW	$427M
Net Change in Cash	-$1.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$3.5B
Short-Term Investments	$2.3B
Net Receivables	$3.3B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$9.1B
PP&E (Net)	$505M
Goodwill	$19M
Intangible Assets	$197M
Long-Term Investments	$47.7B
Tax Assets	$363M
Other Non-Current Assets	$666M
TOTAL NON-CURRENT ASSETS	$49.5B
TOTAL ASSETS	$58.6B
Account Payables	$473M
Short-Term Debt	$125M
Deferred Revenue	$0
Other Current Liabilities	$32.6B
TOTAL CURRENT LIABILITIES	$33.2B
Long-Term Debt	$13.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$186.8K
Other Non-Current Liabilities	$4.6B
TOTAL NON-CURRENT LIABILITIES	$18.0B
TOTAL LIABILITIES	$51.3B
Common Stock	$2.7B
Additional Paid-In Capital	$0
Retained Earnings	$3.5B
Treasury Stock	$0
Accum. Other Comp. Income	$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.3B
Minority Interest	$2.3K
TOTAL EQUITY	$7.3B
TOTAL LIABILITIES & EQUITY	$58.6B
Total Debt	$13.6B
Net Debt	$10.1B