Business Segment (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Income, and Assets and Liabilities by Segment

The following table presents the income, and assets and liabilities by segment for the year ended December 31, 2024 for each of the segments defined above:

	As of December 31, 2024
	Retail			Wholesale			Treasury			Subsidiaries			Subtotal			Reclassifications and adjustments to conform IFRS			Note	Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$				MCh$
Net interest income and UF indexation		1,503,824			744,346			(105,115	)		(3,759	)		2,139,296			23,459				2,162,755
Net commissions income		323,869			90,259			4,376			190,192			608,696			(52,388	)			556,308
Net financial income		15,885			47,410			160,589			52,858			276,742			3,738				280,480
Other income		44,156			7,822			—			3,408			55,386			(4,067	)			51,319
Income attributable to investments in other companies		9,291			6,385			980			396			17,052			(397	)			16,655
Operating income, before expected credit losses		1,897,025			896,222			60,830			243,095			3,097,172			(29,655	)	(1)		3,067,517
Expenses for expected credit losses		(364,712	)		(26,033	)		(1,009	)		—			(391,754	)		39,048		(2)		(352,706	)
Total operating income, after expected credit losses		1,532,313			870,189			59,821			243,095			2,705,418			9,393				2,714,811
Expenses from salaries and employee benefits		(382,339	)		(110,857	)		(2,974	)		(86,397	)		(582,567	)		20				(582,547	)
Administrative expenses		(337,630	)		(75,140	)		(1,676	)		(48,178	)		(462,624	)		45,928				(416,696	)
Depreciation and amortization		(78,908	)		(8,002	)		(302	)		(7,389	)		(94,601	)		—				(94,601	)
Impairment of non-financial assets		(1,147	)		—			—			(1,704	)		(2,851	)		—				(2,851	)
Other operating expenses		(25,583	)		(9,973	)		(2	)		(1,420	)		(36,978	)		939				(36,039	)
Total operating expenses		(825,607	)		(203,972	)		(4,954	)		(145,088	)		(1,179,621	)		46,887		(3)		(1,132,734	)
Net operating income		706,706			666,217			54,867			98,007			1,525,797			56,280				1,582,077
Income taxes														(318,405	)		(15,196	)	(4)		(333,601	)
Net income after taxes														1,207,392			41,084				1,248,476

Assets		24,831,698			13,259,610			12,590,222			924,392			51,605,922			(32,470	)			51,573,452
Current and deferred taxes														716,698			(234,608	)			482,090
Total assets														52,322,620			(267,078	)	(5)		52,055,542

Liabilities		18,014,282			10,790,972			17,199,083			694,984			46,699,321			(1,148,973	)			45,550,348
Current and deferred taxes														298			—				298
Total liabilities														46,699,619			(1,148,973	)	(6)		45,550,646

The following table presents the income, and assets and liabilities by segment for the year ended December 31, 2023 for each of the segments defined above (*):

	As of December 31, 2023
	Retail			Wholesale			Treasury			Subsidiaries			Subtotal			Reclassifications and adjustments to conform IFRS			Note	Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$				MCh$
Net interest income and UF indexation		1,427,085			790,083			(316,290	)		(11,162	)		1,889,716			31,076				1,920,792
Net commissions income		321,736			81,680			1,725			173,416			578,557			(43,873	)			534,684
Net financial income		10,771			54,902			336,515			66,521			468,709			844				469,553
Other income		54,623			24,913			—			3,400			82,936			(7,190	)			75,746
Income attributable to investments in other companies		9,624			3,366			342			1,100			14,432			(1,023	)			13,409
Operating income, before expected credit losses		1,823,839			954,944			22,292			233,275			3,034,350			(20,166	)	(1)		3,014,184
Expenses for expected credit losses		(373,169	)		9,164			2,754			—			(361,251	)		159,307		(2)		(201,944	)
Total operating income, after expected credit losses		1,450,670			964,108			25,046			233,275			2,673,099			139,141				2,812,240
Expenses from salaries and employee benefits		(380,149	)		(110,822	)		(2,972	)		(88,761	)		(582,704	)		20				(582,684	)
Administrative expenses		(326,380	)		(74,445	)		(1,866	)		(39,052	)		(441,743	)		38,488				(403,255	)
Depreciation and amortization		(76,893	)		(8,502	)		(289	)		(6,624	)		(92,308	)		—				(92,308	)
Impairment of non-financial assets		(1,773	)		(5	)		—			16			(1,762	)		—				(1,762	)
Other operating expenses		(28,439	)		(6,841	)		(3	)		(1,777	)		(37,060	)		970				(36,090	)
Total operating expenses		(813,634	)		(200,615	)		(5,130	)		(136,198	)		(1,155,577	)		39,478		(3)		(1,116,099	)
Net operating income		637,036			763,493			19,916			97,077			1,517,522			178,619				1,696,141
Income taxes														(273,887	)		(48,227	)	(4)		(322,114	)
Net income after taxes														1,243,635			130,392				1,374,027

Assets		23,583,402			13,247,584			17,530,710			986,697			55,348,393			(91,952	)			55,256,441
Current and deferred taxes														681,012			(219,412	)			461,600
Total assets														56,029,405			(311,364	)	(5)		55,718,041

Liabilities		19,123,031			10,671,254			20,219,857			777,170			50,791,312			(1,156,024	)			49,635,288
Current and deferred taxes														808			—				808
Total liabilities														50,792,120			(1,156,024	)	(6)		49,636,096

The following table presents the income, and assets and liabilities by segment for the year ended December 31, 2022 for each of the segments defined above (*):

	As of December 31, 2022
	Retail			Wholesale			Treasury			Subsidiaries			Subtotal			Reclassifications and adjustments to conform IFRS			Note	Total
	MCh$			MCh$			MCh$			MCh$			MCh$			MCh$				MCh$
Net interest income and UF indexation		1,446,658			863,104			(60,758	)		(13,592	)		2,235,412			30,717				2,266,129
Net commissions income		301,671			73,105			(2,280	)		174,423			546,919			(24,680	)			522,239
Net financial income		8,248			57,389			172,949			64,933			303,519			3,305				306,824
Other income		22,422			8,649			—			3,530			34,601			(3,345	)			31,256
Income attributable to investments in other companies		9,471			3,180			279			650			13,580			(549	)			13,031
Operating income, before expected credit losses		1,788,470			1,005,427			110,190			229,944			3,134,031			5,448		(1)		3,139,479
Expenses for expected credit losses		(323,364	)		(103,745	)		(8,009	)		—			(435,118	)		22,988		(2)		(412,130	)
Total operating income, after expected credit losses		1,465,106			901,682			102,181			229,944			2,698,913			28,436				2,727,349
Expenses from salaries and employee benefits		(339,850	)		(102,395	)		(2,644	)		(83,356	)		(528,245	)		19				(528,226	)
Administrative expenses		(267,664	)		(66,547	)		(1,771	)		(34,651	)		(370,633	)		20,266				(350,367	)
Depreciation and amortization		(69,100	)		(8,540	)		(424	)		(6,141	)		(84,205	)		—				(84,205	)
Impairment of non-financial assets		(9	)		(122	)		—			54			(77	)		—				(77	)
Other operating expenses		(22,180	)		(6,880	)		—			(1,501	)		(30,561	)		1,097				(29,464	)
Total operating expenses		(698,803	)		(184,484	)		(4,839	)		(125,595	)		(1,013,721	)		21,382		(3)		(992,339	)
Net operating income		766,303			717,198			97,342			104,349			1,685,192			49,818				1,735,010
Income taxes														(275,757	)		(13,452	)	(4)		(289,209	)
Net income after taxes														1,409,435			36,366				1,445,801

Assets		21,676,597			13,576,675			18,587,455			925,064			54,765,791			(212,524	)			54,553,267
Current and deferred taxes														726,910			(171,323	)			555,587
Total assets														55,492,701			(383,847	)	(5)		55,108,854

Liabilities		17,586,680			10,151,503			22,167,730			727,529			50,633,442			(956,957	)			49,676,485
Current and deferred taxes														932			—				932
Total liabilities														50,634,374			(956,957	)	(6)		49,677,417