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Banco de Chile Consolidates Ownership of Socofin S.A.

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Banco de Chile Consolidates Ownership of Socofin S.A.

Elevate Your Investing Strategy:

Banco De Chile ( (BCH) ) has provided an announcement.

On July 4, 2025, Banco de Chile announced the dissolution of its subsidiary, Socofin S.A., following the acquisition of all its shares from Banchile Asesoría Financiera S.A. This move consolidates Banco de Chile’s ownership and positions it as the legal successor of Socofin S.A., potentially streamlining its operations and strengthening its market position.

The most recent analyst rating on (BCH) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Banco De Chile stock, see the BCH Stock Forecast page.

Spark’s Take on BCH Stock

According to Spark, TipRanks’ AI Analyst, BCH is a Outperform.

Banco De Chile’s strong financial performance, sound technical indicators, and attractive valuation drive a positive stock outlook. The main strengths are its profitability and dividend yield, with slight concerns around rising debt and operating efficiency.

To see Spark’s full report on BCH stock, click here.

More about Banco De Chile

Banco de Chile is a prominent financial institution in Chile, operating in the banking industry. It offers a wide range of financial services, including commercial and retail banking, to its clients. The bank focuses on maintaining a strong market presence in the Chilean financial sector.

Average Trading Volume: 295,148

Technical Sentiment Signal: Buy

Current Market Cap: $15.18B

For detailed information about BCH stock, go to TipRanks’ Stock Analysis page.

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