Banco De Chile · BCS:CHILE
Banco De Chile — Q4 2025 Earnings Presentation
26 slides from Banco De Chile's earnings presentation, Feb 5, 2026
Slide 1: Earnings Presentation Full Year 2025 & 4Q25
Earnings Presentation Full Year 2025 & 4Q25 February 5th, 2026
Slide 2: 2025: Once again delivering market leadership and financial outperformance
2025: Once again delivering market leadership and financial outperformance 2025 Awards Leader in Largest Market Highest Avg. Financial Results1 Capitalization1 Trading Volume #1 Bank in Customer #1 in Net Income & ROAA Satisfaction #1 in Net Fees USD 19.5 Bn USD 25.4 MM Procalidad #1 NIM Best Corpor
Slide 3: Economic & Banking Industry Overview
Economic & Banking Industry Overview Camino La Pólvora
Slide 4: Domestic demand becomes the key driver of growth
Domestic demand becomes the key driver of growth GDP and Demand Growth Exports and Gross Investment YoY, % YoY, % 15% Exports Gross Investment 10% 10.0% 10.0% 5% GDP Domestic Demand 8.0% 0% -0.02% -5% 6.0% 5.8% -10% 4.0% -15% Sep-22 Nov-22 Jan-23 Jul-23 Jan-24 Jul-24 Nov-24 Jan-25 Jul-25 Mar-23 Sep-
Slide 5: A stronger CLP contributes to normalizing inflation and rates
A stronger CLP contributes to normalizing inflation and rates Headline and Ex Volatile CPI Overnight Rate YoY, % % 12% 16.0% 10% CPI CPI ex volatile 8% 14.0% 6% 4% 4.5% 12.0% 2% 0% Jan-26 Jan-22 Apr-22 Jul-22 Jan-23 Apr-23 Jul-23 Jan-24 Apr-24 Jul-24 Jan-25 Apr-25 Jul-25 Oct-22 Oct-23 Oct-24 Oct-25
Slide 6: Chile: Baseline Scenario
Chile: Baseline Scenario Banco de Chile’s Forecast YoY, % 2020 2021 2022 2023 2024 2025 2026f GDP -6.1 11.3 2.2 0.5 2.6 2.5 2.4 Consumption -6.6 19.4 2.5 -3.5 1.4 3.0 2.4 Investment -10.8 16 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 3.0
Slide 7: 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% 147% 149% 148% 143% 140% 200% 3.3% 1,400 1,350 1,321 2.8% 0% 1,300 2.3% -200% 1,250 1,220 1,213 1.8% 1,200 14.3% 16.5% 16.
Slide 8: Strategic Priorities and Advances
Strategic Priorities and Advances Ciudad Antofagasta
Slide 9: Our strategic framework and aspirations
Our strategic framework and aspirations me r Developin Custo and Technog Digital g in lvin erienc Evo Exp e logic Solu al A tio dop ns MID-TERM TARGETS tio th Co ll ab orati on n Co , Wi n an solid re nt the Customer in ltu Tale Witnhter of our decisionthe d P ROAC1 at odu ce s an u in ct ies g C r
Slide 10: 2025: Key business advances
2025: Key business advances Banchile Pagos New acquiring and processing credit and debit card company 4270 Project Initiative that captured Chile’s 4,270 FAN Digital Accounts kilometers in royalty free images, 32% Cross selling* strengthening national identity and +24.5% YoY in # of Accounts reinfor
Slide 11: Full Year 2025 & 4Q25 Financial Results
Full Year 2025 & 4Q25 Financial Results Isla de Pascua- Anakena
Slide 12: Once again leading results in the Chilean banking industry
Once again leading results in the Chilean banking industry… Net Income¹ Net Income Market Share Billions of CLP % as of December 2025 22.1% 1,207 1,192 19.8% 18.4% 7.9% 7.7% BCH Santander BCI Itaú Scotiabank 298 293 266 ROAA2 Return on Average Assets BCH Santander BCI 2.2% 1.7% 1.6% 1.6% 1.1% 1.2% 4
Slide 13: ...with the best margins and solid customer growth
…with the best margins and solid customer growth. Operating Revenues NIM Billions of CLP Net Interest Income/Avg. Interest Earnings Assets, Annualized BCH Santander BCI 3,050 3,026 -0.8% 4.6% 4.3% 4.3% 3.9% 3.5% 3.5% Non-customer Income 645 520 -19.4% Customer Income Average 2020 2021 2022 2023 2024
Slide 14: Stronger economic activity is supporting retail banking loan growth
Stronger economic activity is supporting retail banking loan growth Loans by Segment Billions of CLP and %, as of December 2025 Total Loans Trillions of CLP Wholesale Banking +0.8% 12,748 Corporate 32.5% 7,401 19% Large 38.9 39.6 39.2 Companies 5,347 Individuals 5.6 5.5 5.8 +3.9% 13% 21,054 54% SMEs
Slide 15: Best-in-Class deposit mix supporting superior low cost of funding structure
Best-in-Class deposit mix supporting superior low cost of funding structure Balance Structure Demand Deposits to Loans1 % over total assets % of total loans 5.8% Trading 37.0% 10.7% Equity 34.2% 6.6% AFS 0.9% HTM 28.2% 14.3% Other 19.1% 17.8% 20.0% Debt Issued 2.4% Financial Institutions 72.4% Total
Slide 16: Leading Capital Base: A distinct advantage to grow as the economy recovers
Leading Capital Base: A distinct advantage to grow as the economy recovers CET1 Ratio Basel III Implementation in Chile Common Equity Tier 1 (CET1)/ Risk Weighted Assets (RWA) Applicable for Banco de Chile Banco de Chile Santander BCI* 14.4% 14.5% 13.7% 13.7% 13.0% 11.5% 11.1% 11.1% 11.0% 9.9% 11.1%
Slide 17: Proven risk management supporting resilient asset quality
Proven risk management supporting resilient asset quality Expected Credit Losses Delinquency Ratio1 Billions of CLP NPLs to Total Loans 392 382 Banco de Chile Santander BCI 3.2% 103 116 2.2% 2.1% 80 1.7% 1.7% 1.2% 4Q24 3Q25 4Q25 2024 2025 Average 2020 2021 2022 2023 2024 2025 Cost of Risk 1.08% 0.80
Slide 18: Structural cost discipline supporting efficiency gains
Structural cost discipline supporting efficiency gains Total Expenses Quarterly Variation in Total Expenses Billions of CLP Billions of CLP 303 -11 (-7.0%) +5 (+5.1%) -4 (-12.1%) 293 Dep, Amort & Other Administrative 1,133 1,131 -0.2% Personnel 133 131 -1.9% 303 4Q24 Personnel Administrative Dep, Am
Slide 19: 2025 Key takeaways
2025 Key takeaways • Chile continues to demonstrate solid and resilient macroeconomic fundamentals, supported by credible institutions, a sound financial system, and a stable policy Profitability and Capital Size of circle is ROAA, as of December 2025 framework. 1600 • For 2026, we expect an above t
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 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 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: 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 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: 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 26: 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