Banco De Chile (BCH) vs Banco Macro S.A. (BMA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Banco Macro S.A. (BMA) has outperformed Banco De Chile (BCH) over the past year, gaining 55.0% versus a gain of 26.2%. Over five years, BMA leads with a +281.2% price change compared with +130.0% for BCH. Banco De Chile is the larger company by market cap ($19.13 billion vs $4.21 billion), about 4.5 times the size.
On valuation, Banco Macro S.A. trades at a lower forward P/E (5.9x vs 12.1x for Banco De Chile).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BCH | BMA |
|---|---|---|
| Share price | $37.88 | $65.91 |
| Market cap | $19.13B | $4.21B |
| 1-day change | -2.04% | -3.85% |
| YTD return | -0.32% | -26.90% |
| 1-year return | +26.22% | +54.97% |
| 5-year return | +129.99% | +281.20% |
| P/E ratio (TTM) | 14.57 | 13.48 |
| Forward P/E | 12.10 | 5.86 |
| EPS (TTM) | $2.60 | $4.89 |
| Dividend yield | 5.66% | 6.64% |
| Annual dividend | $0.00 | $0.00 |
| Net income (latest FY) | $-1.24B | — |
| 52-week high | $46.77 | $106.15 |
| 52-week low | $30.40 | $45.55 |
| Distance from 52-week high | -19.01% | -37.91% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +8.32% | +70.22% |
| Average volume | 301.78K | 292.26K |
| Shares outstanding | 505.09M | 62.82M |
| Employees | 11,221 | 8,180 |
| Sector | Finance | Finance |
| Industry | Commercial Banks | Commercial Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Banco De Chile is about 4.5 times larger than Banco Macro S.A. by market value ($19.13B vs $4.21B).
- BMA has outperformed BCH by 28.7 percentage points over the past year.
About Banco De Chile
BCH stock →Banco de Chile, together with its subsidiaries, provides commercial banking services in Chile. It operates through four segments: Retail Banking, Wholesale Banking, Treasury, and Subsidiaries.
Finance · Commercial Banks · 11,221 employees
About Banco Macro S.A.
BMA stock →Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.
Finance · Commercial Banks · 8,180 employees
BCH vs BMA FAQ
Which is bigger, Banco De Chile or Banco Macro S.A.?
Banco De Chile (BCH) is larger, with a market capitalization of $19.13B compared with $4.21B for Banco Macro S.A. (BMA).
Which stock has performed better over the past year, BCH or BMA?
BMA returned +54.97% over the past 12 months, compared with +26.22% for BCH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, BCH or BMA?
BMA has the lower trailing P/E at 13.5, versus 14.6 for BCH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Banco De Chile or Banco Macro S.A.?
Banco Macro S.A. has the higher yield at 6.64%, compared with 5.66% for Banco De Chile.
Are Banco De Chile and Banco Macro S.A. in the same industry?
Yes. Both are classified in the Commercial Banks industry within the Finance sector.