Banco De Chile ADS (BCH) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Banco de Chile's third quarter 2025 results conference call. If you need a copy of the financial management review, it is available at the company's website. Today with us, we have Mr. Rodrigo Aravena, Chief Economist and Institutional Relations Officer, Mr. Pablo Mejia, Head of Investor Relations, and Daniel Galarza, Head of Financial Control and Capital. Before we begin, I'd like to remind you that this call is being recorded, and the information discussed today may include forward-looking statements regarding the company's financial and operating performance. All projections are subject to risks and uncertainties. and actual results may differ materially. Please refer to the detailed notes in the company's press release regarding forward-looking statements. I'll now turn the call over to Mr. Rodrigo Aravena. Please go ahead. Good afternoon, everyone. Thank you for joining this conference call, where we will present the results and developments achieved by our bank during the third quarter of this year. We are pleased to report that Banco de Chile has once again delivered strong results, reaffirming our solid market position. Our performance this quarter reflects not only robust financial outcomes, but also meaningful progress in a strategy initiative that strengthens our long-term competitiveness. Key highlights for the quarter include Net income as of September 2025 reached 927 billion pesos, representing a year-on-year growth of 1.9%, that resulted in an ROAC of 22.3%. These results were driven by strong customer income, fund asset quality, and ongoing efficiency improvements. These achievements are particularly significant given the challenging macroeconomic and political environment market by subdued loan growth, especially among ...