Banco de Chile management commentary attributes 3Q26 net income decline of 1.8% to higher operating and credit loss expenses

• Banco de Chile's management commentary reported third-quarter 2026 net income fell 1.8% to Ch$ 287.73 billion.
• Operating expenses rose 7.2%, driven by inflation-linked salary adjustments and a nonrecurring collective bargaining bonus.
• Credit loss expenses increased 21.2%, reflecting higher retail banking delinquency from unusually low levels.
• Customer income grew 3.2%, supported by higher fees and lending income, partly offsetting increased expenses.
• Nine-month net income rose 2.2% to Ch$ 946.93 billion, supported by inflation-linked revenue despite additional credit allowances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco de Chile published the original content used to generate this news brief on October 30, 2026, and is solely responsible for the information contained therein.