BCH Shares Rise 0.55% Today Following Governance and Earnings Announcements

As of November 12, 2025,

increased by 0.55% over the past 24 hours, reaching $507.9. Over the last week, BCH declined by 0.74%, saw a 4.97% decrease in the past month, but gained 17.03% over the previous year.

Banco de Chile has moved to reinforce its corporate governance framework. On November 10, the bank convened an Extraordinary Shareholders’ Meeting, during which it approved several amendments to its bylaws designed to improve oversight and accountability throughout the organization. These revisions involve changes to the board’s structure and shareholder privileges, underscoring the institution’s broader efforts to update its governance practices.

The bank’s latest earnings report reveals a deceleration in growth. Weaker inflation-adjusted income and modest loan expansion contributed to the subdued results. In particular, net interest income—which represents about 60% of Banco de Chile’s total revenue—was affected by reduced returns from inflation-linked assets and slower loan book growth. The bank operates under three brands—Banco de Chile, Banco Edwards-Citi, and Banco CrediChile—and its primary business areas are mortgage loans, unsecured consumer lending, and commercial financing. More than a quarter of its outstanding loans are allocated to companies with annual revenues above 10,000 million CLP.

Technical analysis indicates that recent governance changes and earnings trends are likely to influence short-term investor attitudes. Experts believe that the bylaw revisions could affect investor sentiment in the upcoming quarters, especially if they result in greater transparency and improved communication with shareholders. Nevertheless, the bank’s dependence on interest income and its vulnerability to broader economic trends remain crucial factors for its long-term valuation.

Backtest Hypothesis

Technical signals point to a possible opportunity for a market event-driven approach centered on earnings releases. However, during this instance, the backtesting system ran into internal errors. Specifically, an intermediate script tried to compute returns on dates when BCH’s closing price was zero, causing a divide-by-zero error. There was also a “Dict not defined” alert, pointing to an upstream issue in the backtesting engine. These combined problems resulted in a service failure, which prevented the results from being generated.

To address this, there are three possible solutions: first, quickly retry after excluding dates where BCH’s closing price is missing or zero; second, use a manually prepared list of confirmed earnings dates to avoid automatic selection; third, wait for an update to the backtesting tool to resolve the issue. Any of these approaches could help resume testing and verify the strategy.