Earnings Call Summary | Banco De Chile(BCH.US) Q1 2024 Earnings Conference
Earnings Call Summary | Banco De Chile(BCH.US) Q1 2024 Earnings Conference
The following is a summary of the Banco De Chile (BCH) Q1 2024 Earnings Call Transcript:
以下是智利銀行（BCH）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Banco De Chile reported a Q1 net income of CLP298 billion, equivalent to a return on average equity of 22.6%.
Operating revenues grew 11% year-on-year, boosted by a 14% rise in customer income and modest loan volume growth.
Notable loan categories that had strong performance include mortgage and consumer loans, with respective growth rates of 7.8% and 4.5%.
Liquidity coverage ratio reached 237% and the CET1 was 13.3%, demonstrating the bank's robust financial position.
The bank's cost of risk remained stable at 1.2%, despite a rise in expected credit losses.
Expenses for the quarter rose by 8%, influenced by a year-on-year inflation rate of 4.3%.
智利銀行報告稱，第一季度淨收入爲 CLP298 億美元，相當於平均股本回報率爲22.6％。
營業收入同比增長11％，這得益於客戶收入增長14％和貸款量適度增長。
表現強勁的主要貸款類別包括抵押貸款和消費貸款，分別增長7.8％和4.5％。
流動性覆蓋率達到237％，CET1爲13.3％，這表明該銀行的財務狀況良好。
儘管預期的信貸損失有所增加，但該銀行的風險成本仍穩定在1.2％。
受4.3％的同比通貨膨脹率的影響，該季度的支出增長了8％。
Business Progress:
業務進展：
The bank has consistently worked on operational improvements like the launch of a new digital savings account, and digitalizing sales processes in retail banking.
To drive efficiency, initiatives like the simplification of branch functions and a new procure-to-pay system have been implemented.
In keeping with sustainability efforts, Banco De Chile has commenced measuring their loan portfolio's carbon footprint.
For the future, the bank anticipates a continuation in the growth of commercial, consumer, and mortgage loans.
The bank aims to further improve customer service and satisfaction by adopting more digital solutions and increasing its market share in consumer loans.
With a proactive approach to regulatory changes, the bank prepares to adopt a new methodology for default probability and loss calculation by 2025.
Despite a deteriorating mortgage portfolio and a rise in NPLs, the bank remains optimistic expecting improved figures in the second half of the year and upward adjustments to its GDP and CPI forecast.
該銀行一直在努力改善運營，例如推出新的數字儲蓄賬戶，以及對零售銀行的銷售流程進行數字化。
爲了提高效率，已經實施了簡化分支機構職能和新的採購到付款系統等舉措。
爲了與可持續發展努力保持一致，智利銀行已開始衡量其貸款組合的碳足跡。
該銀行預計，未來，商業、消費和抵押貸款將繼續增長。
該銀行旨在通過採用更多的數字解決方案和增加其在消費貸款中的市場份額來進一步改善客戶服務和滿意度。
通過積極應對監管變革，該銀行準備在2025年之前採用新的方法來計算違約概率和損失。
儘管抵押貸款組合惡化，不良貸款增加，但該銀行仍然樂觀地預計下半年數字將有所改善，其國內生產總值和消費者價格指數預測將向上調整。
More details: Banco De Chile IR
更多詳情： 智利銀行 IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。