v3.25.1
Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Shareholder's Composition

As of December 31, 2024, the paid-in capital of Banco de Chile is represented by 101,017,081,114 registered shares (101,017,081,114 in 2023), with no par value, subscribed and fully paid.

 

   As of December 31, 2024 
Corporate Name or Shareholders’s name  Number of
Shares		   % of Equity
Holding		 
         
LQ Inversiones Financieras S.A.   46,815,289,329    46.344%
Banco de Chile on behalf of State Street   6,125,765,969    6.064%
Banchile Corredores de Bolsa S.A   5,123,539,720    5.072%
Banco Santander on behalf of foreign investors   5,080,833,862    5.030%
Inversiones LQ-SM Limitada   4,854,988,014    4.806%
JP Morgan Chase Bank   3,041,703,508    3.011%
Banco de Chile on behalf of non-resident third parties   2,666,777,747    2.640%
Banco Santander Chile   1,941,976,163    1.922%
Ever Chile SPA   1,888,369,814    1.869%
Ever 1 BAE SPA   1,166,584,950    1.155%
Larraín Vial S.A. Corredora de Bolsa   1,042,343,304    1.032%
Banco de Chile on behalf of Citibank New York   1,038,850,995    1.028%
BCI Corredores de Bolsa S.A.   989,711,426    0.980%
Inversiones Avenida Borgoño Limitada   728,439,279    0.721%
Santander Corredores de Bolsa Limitada   581,788,686    0.576%
A.F.P Habitat S.A. for A Fund   527,598,687    0.522%
Valores Security S.A. Corredores de Bolsa   516,192,449    0.511%
A.F.P Cuprum S.A. for A Fund   492,665,765    0.488%
Inversiones CDP SPA   487,744,912    0.483%
BTG Pactual Chile S.A. Corredores de Bolsa   463,503,644    0.459%
Subtotal   85,574,668,223    84.713%
Others shareholders   15,442,412,891    15.287%
Total   101,017,081,114    100.000%
   As of December 31, 2023 
Corporate Name or Shareholders’s name  Number of Shares   % of Equity Holding 
         
LQ Inversiones Financieras S.A.   46,815,289,329    46.344%
Banco de Chile on behalf of State Street   5,912,541,950    5.853%
Banco Santander on behalf of foreign investors   5,218,796,247    5.166%
Banchile Corredores de Bolsa S.A. on behalf of third parties   5,093,108,613    5.042%
Inversiones LQ-SM Limitada   4,854,988,014    4.806%
Banco de Chile on behalf of non-resident third parties   4,366,453,313    4.322%
Banco de Chile on behalf of Citibank New York   1,928,215,358    1.909%
Ever Chile SPA   1,888,369,814    1.869%
JP Morgan Chase Bank   1,540,646,308    1.525%
Inversiones Avenida Borgoño SPA   1,190,565,316    1.179%
Ever 1 BAE SPA   1,166,584,950    1.155%
Banco Santander Chile   1,036,254,726    1.026%
Larraín Vial S.A. Corredora de Bolsa   1,031,817,268    1.021%
A.F.P Habitat S.A. for A Fund   599,181,211    0.593%
BCI Corredores de Bolsa S.A.   560,782,315    0.555%
Valores Security S.A. Corredores de Bolsa   516,827,332    0.512%
Inversiones CDP SPA   487,744,912    0.483%
A.F.P Cuprum S.A. for A Fund   486,057,153    0.481%
Santander Corredores de Bolsa Limitada   477,871,060    0.473%
BTG Pactual Chile S.A. Corredores de Bolsa   456,328,957    0.452%
Subtotal   85,628,424,146    84.766%
Others shareholders   15,388,656,968    15.234%
Total   101,017,081,114    100.000%
Schedule of Share Movements

The following table shows the share movements from December 31, 2022 to December 31, 2024:

 

    Total  
    Ordinary  
    Shares  
Total shares as of December 31, 2022     101,017,081,114  
         
Total shares as of December 31, 2023     101,017,081,114  
         
Total shares as of December 31, 2024     101,017,081,114  
Schedule of the Income and Share Data Used In the Calculation of EPS

The following table shows the income and share data used in the calculation of EPS:

 

   As of December 31, 
   2024   2023   2022 
Basic earnings per share:            
Net profits attributable to ordinary equity holders of the bank (in million Chilean pesos)   1,248,476    1,374,026    1,445,799 
Weighted average number of ordinary shares   101,017,081,114    101,017,081,114    101,017,081,114 
Earning per shares (in Chilean pesos)   12.36    13.60    14.31 
                
Diluted earnings per share:               
Net profits attributable to ordinary equity holders of the bank (in million Chilean pesos)   1,248,476    1,374,026    1,445,799 
Weighted average number of ordinary shares   101,017,081,114    101,017,081,114    101,017,081,114 
Assumed conversion of convertible debt   
—
    
—
    
—
 
Adjusted number of shares   101,017,081,114    101,017,081,114    101,017,081,114 
Diluted earnings per share (in Chilean pesos)   12.36    13.60    14.31 
Schedule of Changes of Accumulated Other Comprehensive Income

Below is the composition and changes of accumulated other comprehensive income as of December 31, 2024, 2023 and 2022:

 

   Elements that will not be reclassified in profit or loss   Elements that can be reclassified in profit or loss     
   New
measurements
of net defined
benefit
liability and
actuarial
results for
other
employee
benefit plans		   Fair value
changes of
equity
instruments
designated as
at fair value
through other
comprehensive
income		   Income
tax		   Subtotal   Fair
value
changes of
financial
assets at fair
value
through
other
comprehensive
income		   Cash flow
accounting
hedge		   Participation
in other
comprehensive
income of
entities
registered
under the
equity
method		   Income
tax		   Subtotal   Total 
   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$   MCh$ 
                                         
Opening balances as of January 1, 2022   
—
    4,123    (1,116)   3,007    (45,468)   111,694    (21)   (27,595)   38,610    41,617 
Other comprehensive income for the year   (130)   179    (12)   37    48,076    (215,476)   (169)   58,977    (108,592)   (108,555)
Reclassifications from reserves   (208)   
—
    57    (151)   (2,340)   
—
    
—
    
—
    (2,340)   (2,491)
Balances as of December 31, 2022   (338)   4,302    (1,071)   2,893    268    (103,782)   (190)   31,382    (72,322)   (69,429)
                                                   
Opening balances as of January 1, 2023   (338)   4,302    (1,071)   2,893    268    (103,782)   (190)   31,382    (72,322)   (69,429)
Other comprehensive income for the year   (75)   5,367    (1,429)   3,863    8,874    113,183    116    (32,365)   89,808    93,671 
Balances as of December 31, 2023   (413)   9,669    (2,500)   6,756    9,142    9,401    (74)   (983)   17,486    24,242 
                                                   
Opening balances as of January 1, 2024   (413)   9,669    (2,500)   6,756    9,142    9,401    (74)   (983)   17,486    24,242 
Other comprehensive income for the year   115    (212)   893    796    (4,664)   (21,798)   26    5,175    (21,261)   (20,465)
Balances as of December 31, 2024   (298)   9,457    (1,607)   7,552    4,478    (12,397)   (48)   4,192    (3,775)   3,777