Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Banco De Chile's Growth Potential - Banco De Chile (BCH) is currently recommended as a growth stock based on the Zacks Growth Style Score, which evaluates a company's real growth prospects beyond traditional metrics [2] - The historical EPS growth rate for Banco De Chile is 20.7%, with a projected EPS growth of 5.6% this year, surpassing the industry average of 5.3% [4] - The company has a sales-to-total-assets (S/TA) ratio of 0.08, indicating it generates $0.08 in sales for every dollar in assets, which is more efficient than the industry average of 0.05 [6] Group 2: Sales and Earnings Growth - Banco De Chile's sales are expected to grow by 3.7% this year, compared to an industry average of 0%, highlighting its strong sales growth potential [6] - There has been a positive trend in earnings estimate revisions for Banco De Chile, with the Zacks Consensus Estimate for the current year increasing by 3.6% over the past month [7] Group 3: Overall Assessment - Banco De Chile has achieved a Growth Score of B and a Zacks Rank of 1 (Strong Buy), indicating it is a potential outperformer and a solid choice for growth investors [9]

Company Overview - Banco De Chile (BCH) is headquartered in Santiago and has experienced a price change of 33.47% this year [3] - The company currently pays a dividend of $1.57 per share, resulting in a dividend yield of 5.19%, which is significantly higher than the Banks - Foreign industry's yield of 3.7% and the S&P 500's yield of 1.54% [3] Dividend Performance - The current annualized dividend of $1.57 represents a 27.1% increase from the previous year [4] - Over the past five years, Banco De Chile has increased its dividend three times on a year-over-year basis, achieving an average annual increase of 67.08% [4] - The company's payout ratio is currently 55%, indicating that it pays out 55% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - Banco De Chile is expected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $2.45 per share, reflecting a 2.08% increase from the previous year [5] Investment Considerations - Dividends are favored by investors for various reasons, including improving stock investing profits and providing tax advantages [6] - While tech start-ups and high-growth companies rarely offer dividends, larger, established companies like Banco De Chile do [7] - BCH is positioned as a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]

Group 1 - Banco De Chile (BCH) has returned 33.5% year-to-date, significantly outperforming the Finance sector average return of 6.5% [4] - The Zacks Consensus Estimate for BCH's full-year earnings has increased by 6.1% over the past 90 days, indicating improved analyst sentiment [4] - Banco De Chile holds a Zacks Rank of 1 (Strong Buy), suggesting a strong earnings outlook compared to its peers [3] Group 2 - Banco De Chile is part of the Banks - Foreign industry, which consists of 66 companies and currently ranks 20 in the Zacks Industry Rank [6] - The Banks - Foreign industry has gained approximately 23% year-to-date, with Banco De Chile outperforming this group [6] - CBOE Global (CBOE), another Finance stock, has returned 16.3% year-to-date and has a Zacks Rank of 2 (Buy) [5]

Group 1 - Banco de Chile's stock price has increased by 36% since a buy rating was adopted in December 2024 [1] - The surge in stock price is attributed to the US trade war [1]

Company Overview - Banco De Chile (BCH) is headquartered in Santiago and operates in the Finance sector [3] - The stock has experienced a price change of 30.16% since the beginning of the year [3] Dividend Information - Banco De Chile currently pays a dividend of $1.57 per share, resulting in a dividend yield of 5.32% [3] - The yield of Banco De Chile surpasses the Banks - Foreign industry's yield of 3.73% and the S&P 500's yield of 1.63% [3] - The current annualized dividend of $1.57 represents a 27.1% increase from the previous year [4] - Over the past five years, Banco De Chile has increased its dividend three times year-over-year, averaging an annual increase of 67.08% [4] - The company's current payout ratio is 49%, indicating that it paid out 49% of its trailing 12-month EPS as dividends [4] Earnings Growth - The Zacks Consensus Estimate for Banco De Chile's earnings for 2025 is $2.45 per share, reflecting a year-over-year growth rate of 2.08% [5] Investment Appeal - Banco De Chile is viewed as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 1 (Strong Buy) [7]

Group 1: Carpenter Technology (CRS) - Carpenter Technology is a producer and distributor of premium specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as drilling tools [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen the Zacks Consensus Estimate for its current year earnings increase by 3.6% over the last 60 days [1] - Carpenter Technology's shares gained 2.5% over the last three months compared to the S&P 500's decline of 7.2%, and it possesses a Momentum Score of A [2] Group 2: First Savings Financial Group (FSFG) - First Savings Financial Group is a bank holding company providing various banking services to individuals and business customers in southern Indiana [2] - The company has a Zacks Rank of 1 and has witnessed the Zacks Consensus Estimate for its current year earnings increase by 18.4% over the last 60 days [2] - First Savings Financial Group's shares gained 14% over the last three months compared to the S&P 500's decline of 7.1%, and it possesses a Momentum Score of A [3] Group 3: Banco De Chile (BCH) - Banco De Chile is a commercial banking company in Chile providing general banking services to a diverse customer base, including large corporations, small and mid-sized businesses, and individuals [3] - The company has a Zacks Rank of 1 and has seen the Zacks Consensus Estimate for its current year earnings increase by 6.1% over the last 60 days [3] - Banco De Chile's shares gained 26.8% over the last three months compared to the S&P 500's decline of 7.2%, and it possesses a Momentum Score of A [4]

Group 1 - CME Group is a member of the Finance sector, which includes 858 individual stocks and holds a Zacks Sector Rank of 2 [2] - CME Group currently has a Zacks Rank of 2 (Buy), with a 7.5% increase in the consensus estimate for full-year earnings over the past three months, indicating improved analyst sentiment [3] - Year-to-date, CME Group has gained approximately 19.3%, significantly outperforming the Finance sector average gain of 1.2% [4] Group 2 - CME Group belongs to the Securities and Exchanges industry, which consists of 7 companies and is ranked 8 in the Zacks Industry Rank, with an average gain of 12.4% this year [5] - Banco De Chile, another outperforming stock in the Finance sector, has increased by 30.2% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - The Banks - Foreign industry, which includes Banco De Chile, has 66 stocks and is ranked 11, with a year-to-date gain of 14.7% [6]

FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of April, 2025 Commission File Number 001-15266 BANCO DE CHILE AND SUBSIDIARIES BANK OF CHILE (Translation of registrant's name into English) Ahumada 251 Santiago, Chile (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F ...

Financial Performance and Risks - The company reported a growth in its loan portfolio, particularly in riskier segments, which may lead to increased loan losses[18] - The company anticipates that economic activity in Chile will significantly influence its growth and profitability[18] - The company faces risks from increased competition and industry consolidation, which may adversely affect operations[18] - The company’s financial performance is subject to interest rate volatility and inflation, which could affect net income[18] - The company’s growth may be impacted by political, legal, and economic uncertainties in Chile[18] - As of the filing date, the company’s past-due loans include any loans for which payments are overdue, impacting asset quality[29] Regulatory and Compliance - The company’s financial statements are prepared in accordance with IFRS, which may differ significantly from Chilean GAAP, affecting comparability[25] - Regulatory capital definitions took effect on December 1, 2021, impacting the company's financial condition and results[30] - CET1 Capital must equal at least 4.5% of risk-weighted assets for compliance with minimum levels[36] - Additional Tier 1 Capital must be at least 1.5% of risk-weighted assets after fulfilling CET1 minimum requirements[36] - Tier 2 Capital can be computed with up to 2.0% of risk-weighted assets once Tier 1 Capital minimum requirements are met[36] - Tier 2 Capital includes subordinated bonds of up to 50% of CET1 and voluntary provisions based on credit risk-weighted assets[36] - The components of CET1 include paid-in capital, stock surplus, reserves, and retained earnings[36] - Adjustments to CET1 include minority interest, goodwill, deferred tax assets, and pension plan assets[36] - Instruments issued by banks' subsidiaries do not count towards Additional Tier 1 Capital[36] - Tier 2 Capital includes subordinated bonds and voluntary provisions based on standardized or internal methods[36] - The minimum requirements for capital adequacy are in line with Basel III standards[36] - The calculation of capital components is essential for maintaining financial stability and regulatory compliance[36] Currency and Exchange Rate - As of December 31, 2024, the exchange rate was Ch$994.74 = U.S.$1.00, reflecting the company's financial position in U.S. dollars[27] Anti-Money Laundering Efforts - The company has implemented policies to detect money laundering, but may still face challenges in fully preventing such activities[18]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...