Banco De Chile · BCS:CHILE
Banco De Chile — Q3 2025 Earnings Presentation
25 slides from Banco De Chile's earnings presentation, Nov 7, 2025
Slide 1: Earnings Presentation 3Q25 & YTD
Earnings Presentation 3Q25 & YTD November 7th, 2025
Slide 2: Economic & Banking Industry Overview
Economic & Banking Industry Overview Camino La Pólvora
Slide 3: Domestic demand continues to strengthen
Domestic demand continues to strengthen GDP and Demand Growth Total and Capital Imports YoY, % YoY, % 40% 10.0% 30% Total Imports Capital Imports 30.8% GDP Domestic Demand 20% 8.0% 13.9% 10% 0% 6.0% 5.8% -10% -20% 4.0% -30% 3.1% Apr-23 Apr-24 Apr-25 Aug-22 Feb-23 Aug-23 Feb-24 Aug-24 Feb-25 Aug-25 D
Slide 4: Inflation and interest rates are normalizing
Inflation and interest rates are normalizing Headline and Ex Volatile CPI Overnight Rate YoY, % % 12% 16% CPI CPI ex volatile 10% 8% 14% 6% 4.75% 4% 12% 2% 0% 10% Nov-24 Nov-21 Nov-22 Nov-23 Aug-21 Feb-22 Aug-22 Feb-23 Aug-23 Feb-24 Aug-24 Feb-25 Aug-25 May-21 May-22 May-23 May-24 May-25 8% CLP and
Slide 5: Chile: Baseline Scenario
Chile: Baseline Scenario Banco de Chile’s Forecast YoY, % 2020 2021 2022 2023 2024 2025f 2026f GDP -6.1 11.3 2.2 0.5 2.6 2.5 2.3 Consumption -6.6 19.4 2.5 -3.5 1.4 3.0 2.4 Investment -10.8 16.0 4.6 -0.1 -1.4 5.5 4.3 Exports -0.9 -1.5 0.8 0.1 6.6 4.6 1.8 Imports -12.3 31.9 1.3 -10.9 2.5 10.3 3.2 CPI
Slide 6: Banking Industry Results
Banking Industry Results Quarterly Net Income Coverage1 and NPLs2 Billions of CLP 90d NPLs Ratio & Coverage Ratio NPL Coverage Total Net Income ROAE 1,500 1,450 1,440 1,430 3.8% 150% 147% 149% 148% 143% 200% 3.3% 1,400 1,350 1,308 1,321 2.8% 0% 1,300 2.3% -200% 1,250 1,220 1.8% 1,200 15.8% 14.3% 16.
Slide 7: Strategic Priorities and Advances
Strategic Priorities and Advances Ciudad Antofagasta
Slide 8: Our Strategic Framework and Aspirations
Our Strategic Framework and Aspirations MID-TERM TARGETS cel ng erati ns Streng Comme thening ROAC1 Ac solutio rcial Target: Top 1 ital acti Dig vity nc y Sk Dev ie ills el fic ity customer –centric an opi Cost to Income Ratio Ef ctiv With cision making d t ng ent u de d P ng Target: ≤42% d al an ea
Slide 9: Key Business Advances
Key Business Advances Integration of Collections Subsidiary Successfully completed the integration of Leader in Customer Satisfaction Socofin without impacting collection metrics #1 in the Procalidad Awards for the third Increase in Productivity year in a row, including “Best of the Best” Driven by
Slide 10: 3Q25 & YTD Financial Results
3Q25 & YTD Financial Results Isla de Pascua- Anakena
Slide 11: Strong Financial Performance and Market Leadership
Strong Financial Performance and Market Leadership Quarterly Net Income¹ Net Income Market Share Billions of CLP % as of September 2025 22.1% 19.3% 18.3% +1.7% 329 7.6% 7.5% 298 305 288 293 BCH Santander BCI Itaú Scotiabank ROAA2 Return on Average Assets BCH Santander BCI 2.3% 1.7% 1.6% 1.6% 1.1% 1.
Slide 12: Consistent Revenue Growth and Superior Margin Performance among Peers
Consistent Revenue Growth and Superior Margin Performance among Peers NIM Operating Revenues Net Interest Income/Avg. Interest Earnings Assets, Annualized Billions of CLP BCH Santander BCI Non-customer Income 4.3% 4.6% Customer Income 3.9% 4.3% 3.5% 3.5% 778 779 763 721 736 +2.1% Average 2020 2021 2
Slide 13: Diversified Growth in Loan Portfolio
Diversified Growth in Loan Portfolio Loan by Segment Billions of CLP and %, as of September 2025 Total Loans Trillions of CLP Wholesale Banking 13,481 Corporate +3.7% 34.0% 7,905 +0.6% 20% 39.6 Large 38.2 39.4 Companies Individuals 5,576 5.6 5.5 +3.7% 20,770 5.3 14% 52% SMEs Retail Banking 5,357 26,
Slide 14: Robust Funding Mix Supporting Long-Term Financial Stability
Robust Funding Mix Supporting Long-Term Financial Stability Balance Structure Demand Deposits to Loans1 % over total assets % of total loans 5.8% Trading 36.2% 10.2% Equity 5.9% AFS 31.8% 0.8% HTM 13.5% Other 27.1% 18.2% 20.4% Debt Issued 16.7% Financial Institutions Total Loans 2.7% & Central Bank
Slide 15: Solid Capital Ratios Backed by Consistent Profitability
Solid Capital Ratios Backed by Consistent Profitability CET1 Ratio Common Equity Tier 1 (CET1)/ Risk Weighted Assets (RWA) Capital Management Strengths Banco de Chile Santander BCI 14.4% 13.7% 13.7% 14.2% • Leading Capital Ratios: Highest CET1 ratio at 13.0% 14.2% and total Basel III capital ratio o
Slide 16: Setting the Benchmark for Risk Management
Setting the Benchmark for Risk Management Expected Credit Losses Delinquency Ratio1 Billions of CLP NPLs to Total Loans -1.0% Banco de Chile Santander BCI 2.9% 3.0% 3.0% 103 96 90 80 80 2.2% 2.1% 2.0% 2.1% 1.7% 1.5% 1.5% 1.6% 1.2% 3Q24 4Q24 1Q25 2Q25 3Q25 Average 2020 2021 2022 2023 2024 Mar-25 Jun-
Slide 17: Driving Efficiency Through Strategic Projects and Digital Transformation
Driving Efficiency Through Strategic Projects and Digital Transformation Total Expenses Annual Variation in Total Expenses Billions of CLP Billions of CLP Dep, Amort & Other Administrative Personnel 276 273 -1.4 (-1.0%) +5.4 (+5.3%) -0.5 (-1.7%) +1.2% 303 281 281 273 37 276 33 34 31 32 3Q24 Personne
Slide 18: 3Q25 Key takeaways
3Q25 Key takeaways • We have adjusted our GDP growth forecast for 2025 to 2.5%, from 2.3%. Profitability and Capital Size of circle is ROAA, as of September 2025 • Chile’s strong macro fundamentals, resilient financial 1200 system, and credible policy framework position the country as a reliable des
Slide 19: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise s
Slide 20: Appendix: Consolidated Balance Sheet
Appendix: Consolidated Balance Sheet Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless otherwise s
Slide 21: Appendix: Consolidated Statement of Income
Appendix: Consolidated Statement of Income Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless other
Slide 22: Appendix: Consolidated Statement of Income
Appendix: Consolidated Statement of Income Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless other
Slide 23: Appendix: Selected Statistical Information
Appendix: Selected Statistical Information Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless other
Slide 24: Appendix: Selected Statistical Information
Appendix: Selected Statistical Information Chilean GAAP- In millions of Chilean pesos (MCh$) and US dollars (MUS$) These results have been prepared in accordance with Chilean GAAP on an unaudited, consolidated basis. All figures are expressed in nominal Chilean pesos (historical pesos), unless other
Slide 25: Forward Looking Information
Forward Looking Information The information contained here in incorporates by reference statements which constitute ‘‘forward-looking statements,’’ in that they include statements regarding the intent, belief or current expectations of our directors and officers with respect to our future operating