Banco de Chile says 3Q26 net income fell 1.8% to Ch$287.73 billion
BCH•Banco de Chile reported third-quarter 2026 net income fell 1.8% to Ch$287.73 billion as operating and credit loss expenses rose. Nine-month net income increased 2.2% to Ch$946.93 billion.
1. Quarterly results
Banco de Chile's management commentary said third-quarter 2026 net income fell 1.8% to Ch$287.73 billion. Operating expenses rose 7.2%, driven by inflation-linked salary adjustments and a nonrecurring collective bargaining bonus, while credit loss expenses increased 21.2% as retail banking delinquency rose from unusually low levels. Customer income grew 3.2%, supported by higher fees and lending income.
2. Nine-month income
For the first nine months of 2026, net income rose 2.2% to Ch$946.93 billion, supported by inflation-linked revenue despite additional credit allowances.
