Banco De Chile (BCH) vs First Citizens BancShares, Inc. (FCNCA)

Banco De Chile and First Citizens BancShares, Inc. are both Banks Regional companies. Banco De Chile and First Citizens BancShares, Inc. are of similar size ($22.9B and $21.0B). First Citizens BancShares, Inc. trades at the lower P/E: 11.2× against 15.9×. Banco De Chile grew revenue faster over the last twelve months: 3.23% against −1.26%. Banco De Chile has the higher net margin (27.1% vs 15.7%) and the higher return on invested capital (10.7% vs 7.30%). Both pay a dividend; Banco De Chile yields more (8.00% vs 0.35%). Across the 19 metrics below, First Citizens BancShares, Inc. leads on 10 and Banco De Chile on 9.

Valuation

Metric BCH FCNCA Banks Regional median
P/E 15.92 11.18 12.15
P/S 4.21 1.67 2.37
P/B 3.37 1.20 1.21
Price to free cash flow n/m 9.64 10.80
EV/EBITDA n/m n/m —
EV/Sales 4.95 2.27 2.27
Earnings yield 6.28% 8.95% 8.11%
Free cash flow yield (7.30%) 10.38% 8.98%

Profitability

Metric BCH FCNCA Banks Regional median
Gross margin 70.64% 66.51% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.13% 15.69% 18.66%
Free cash flow margin (30.75%) 17.31% 21.18%
Return on equity 21.99% 10.92% 10.64%
Return on assets 2.29% 0.97% 1.13%
Return on invested capital 10.72% 7.30% 8.33%

Growth

Metric BCH FCNCA Banks Regional median
Revenue growth (TTM) 3.23% (1.26%) 6.61%
EPS growth (last fiscal year) 9.17% (12.76%) —
Revenue growth, 5-year CAGR 6.52% 49.21% 12.30%
Net income growth, 5-year CAGR 18.24% 35.07% 9.71%

Health

Metric BCH FCNCA Banks Regional median
Debt to equity 1.94 1.46 0.22
Current ratio 1.51 1.00 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BCH FCNCA Banks Regional median
Dividend yield 8.00% 0.35% 3.75%
Payout ratio 0.65 0.00 0.27

Size

Metric BCH FCNCA Banks Regional median
Market cap 20.96b 22.89b 921.07m

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