Banco de Chile (BCH) to Release Quarterly Earnings on Monday

Banco de Chile (NYSE:BCH) is expected to issue its quarterly earnings data before the market opens on Monday, February 3rd. Analysts expect the company to announce earnings of $0.53 per share and revenue of $787.88 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Banco de Chile Stock Performance

Shares of NYSE BCH opened at $24.71 on Friday. The business’s 50-day simple moving average is $23.20 and its 200-day simple moving average is $23.86. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.52 and a current ratio of 1.52. Banco de Chile has a 52 week low of $20.93 and a 52 week high of $25.97. The firm has a market cap of $12.48 billion, a price-to-earnings ratio of 8.86 and a beta of 0.44.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BCH shares. JPMorgan Chase & Co. lifted their price target on shares of Banco de Chile from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. StockNews.com downgraded Banco de Chile from a “hold” rating to a “sell” rating in a research report on Friday.

About Banco de Chile

Banco de Chile, together with its subsidiaries, provides various banking services to customers in Chile. The company offers checking and debit accounts, debit and credit cards, and lines of credit; mortgage, consume, commercial, general purpose mortgage loans, and finance leases; and factoring services, mutual fund management, stock brokerage, foreign trade, payments and collections, insurance brokerage, including life and general insurance, as well as time deposits, savings instruments, and foreign currency services through branches under the Banco de Chile and Banco Edwards brands.