BCH
Banco de Chile
BCH has the edge over BLK overall, supported by stronger valuation and stronger modeled upside.
BLK
BlackRock, Inc.
BLK has slightly lower modeled downside risk, despite its lower overall score.
BCH Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| N/A | |
| N/A |
BCH's profitability is currently strong, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like BCH.
BLK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
BLK's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BLK.
BCH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $19.55 | -49% |
| Fair | 12x | $28.43 | -26% |
| Expensive | 15x | $37.41 | -3.2% |
| Current | 16x | $38.64 | — |
Historical ranges are pointers, not guarantees.
BCH's PE is 16x, but its earnings don't support one, so it isn't a reliable read right now.
BLK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $848 | -30% |
| Fair | 22x | $973 | -20% |
| Expensive | 26x | $1,149 | -5.5% |
| Current | 28x | $1,217 | — |
Historical ranges are pointers, not guarantees.
BLK has the edge over BCH in the historical PE scenario, which offers more potential upside but is not a forecast.
BCH Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for BCH, with profitability improving.
BLK Forward outlook
There aren't enough analyst estimates for BLK to show an outlook.
BCH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $2.45 | +1.2% |
| Q1 2026 | $2.26 | -7.8% |
| Q4 2025 | $2.36 | -1.3% |
| Q3 2025 | $2.43 | -14% |
| Q2 2025 | $2.42 | -13% |
| Q1 2025 | $2.45 | -12% |
| Q4 2024 | $2.39 | -12% |
| Q3 2024 | $2.82 | +18% |
BCH earned $2.45 per share over the past year, up 1.2% from the year before.
BLK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $43.87 | +11% |
| Q2 2026 | $41.73 | -0.4% |
| Q1 2026 | $39.73 | -4.7% |
| Q4 2025 | $35.31 | -17% |
| Q3 2025 | $39.42 | -2.7% |
| Q2 2025 | $41.89 | +4% |
| Q1 2025 | $41.69 | +5.9% |
| Q4 2024 | $42.53 | +16% |
BLK has the edge over BCH on earnings, with more consistent year-over-year improvement.
BCH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.4B | +42% |
| Q1 2026 | $1.1B | +4.1% |
| Q4 2025 | $30.4M | -98% |
| Q3 2025 | $978.6M | -1.1% |
| Q2 2025 | $1B | -4.8% |
| Q1 2025 | $1B | -9.4% |
| Q4 2024 | $1.5B | -14% |
| Q3 2024 | $989.7M | -10% |
BCH's revenue is recovering but still below its 2022 peak: $1.4B last quarter, up 42% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 33% | -4.9 points |
| Q1 2026 | 34% | -6.2 points |
| Q4 2025 | 1119% | +1090 points |
| Q3 2025 | 39% | +1.7 points |
| Q2 2025 | 38% | +0.1 points |
| Q1 2025 | 40% | +6 points |
| Q4 2024 | 29% | -5.8 points |
| Q3 2024 | 37% | +5.1 points |
BCH has the edge over BLK on profitability, with a higher operating margin.
BLK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8B | +19% |
| Q2 2026 | $7.1B | +31% |
| Q1 2026 | $6.7B | +27% |
| Q4 2025 | $7B | +23% |
| Q3 2025 | $6.5B | +25% |
| Q2 2025 | $5.4B | +13% |
| Q1 2025 | $5.3B | +12% |
| Q4 2024 | $5.7B | +23% |
BLK has the edge over BCH on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | 0 points |
| Q2 2026 | 35% | +2.8 points |
| Q1 2026 | 42% | +9.8 points |
| Q4 2025 | 24% | -13 points |
| Q3 2025 | 30% | -8.6 points |
| Q2 2025 | 32% | -5.5 points |
| Q1 2025 | 32% | -3.6 points |
| Q4 2024 | 37% | +2.3 points |
BLK's operating margin was 30% last quarter, about level with the same quarter a year ago, near the bottom of its range since 2019.
BCH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $156.2M | -65% |
| Q1 2026 | -$195.9M | -115% |
| Q4 2025 | -$833.7K | -100% |
| Q3 2025 | -$1.2B | -$814M |
| Q2 2025 | $449.7M | +$881.4M |
| Q1 2025 | $1.3B | +$1.4B |
| Q4 2024 | $495.5M | +$495.7M |
| Q3 2024 | -$399.4M | -119% |
BCH's free cash flow was −$1.3B over the past year, against $1.8B the year before. Free cash flow isn't a meaningful measure for financial services companies like BCH.
BLK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +95% |
| Q2 2026 | $1.1B | -12% |
| Q1 2026 | -$1.1B | +$120M |
| Q4 2025 | $2.1B | -15% |
| Q2 2025 | $1.3B | -6.1% |
| Q1 2025 | -$1.2B | -$734M |
| Q4 2024 | $2.5B | +35% |
| Q2 2024 | $1.4B | +47% |
BLK has the edge over BCH on cash generation, producing positive trailing cash flow while its opponent burns cash.
BCH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | 0% | -239K shares |
| Available history | 0% | -- |
BCH has 505M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BCH hasn't bought back shares in the past year.
BLK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -148K shares |
| 1 year | -0.4% | -677K shares |
| 3 years | +9.3% | +14M shares |
| 5 years | +6.2% | +9.6M shares |
| Available history | +4.4% | +7M shares |
BLK has the edge over BCH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2025 | $396M |
| Q1 2025 | $657M |
| Q4 2024 | $386M |
| Q2 2024 | $519M |
| Q1 2024 | $634M |
| Q4 2023 | $384M |
| Q3 2023 | $396M |
| Q2 2023 | $383M |
BCH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 6.6x | High |
| Q1 2026 | 7.7x | High |
| Q4 2025 | 6.6x | High |
| Q3 2025 | 6.8x | High |
| Q2 2025 | 5.8x | High |
| Q1 2025 | 5.2x | High |
| Q4 2024 | 5.4x | High |
| Q3 2024 | 5.2x | High |
BCH's net debt is about 6.6 years of its operating earnings (EBITDA), up from 5.8 years a year ago. Net leverage isn't a meaningful measure for financial services companies like BCH.
BLK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.0x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.3x | Very low |
| Q4 2023 | 0.1x | Very low |
BLK has the edge over BCH on leverage, with a lower net debt burden relative to earnings.
BCH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.4 | Neutral |
| Stochastic | 22.2 | Neutral |
BCH's weekly RSI is 47 (neutral) and its Stochastic is 22 (neutral).
BLK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.5 | Neutral |
| Stochastic | 79.0 | Neutral |
BLK's weekly RSI is 64 (neutral) and its Stochastic is 79 (neutral).
BCH PE vs Financial Services Sector
| Metric | BCH | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 21% above |
| PE % | 88 | 63 | 25 pts above |
BCH has the edge over BLK on valuation relative to its sector.
BLK PE vs Financial Services Sector
| Metric | BLK | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 13x | 113% above |
| PE % | 97 | 63 | 34 pts above |
BLK is trading at 28x earnings, a 113% premium to the Financial Services sector's median of 13x.
BCH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $38.8 | 0.4% below |
| 20 week MA | $40.2 | 3.9% below |
| 50 week MA | $39.6 | 2.4% below |
| 100 week MA | $34.3 | 13% above |
| 200 week MA | $28.3 | 37% above |
BCH has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 37% above its 200-week average.
BLK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,128.0 | 7.9% above |
| 20 week MA | $1,108.9 | 9.7% above |
| 50 week MA | $1,071.6 | 14% above |
| 100 week MA | $1,051.1 | 16% above |
| 200 week MA | $914.1 | 33% above |
BLK has the edge over BCH on trend strength, trading above more of its moving averages.
BCH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.1 | $20.5 | -3.1% |
| 2021 | $20.5 | $16.1 | -21% |
| 2022 | $16.1 | $20.0 | +24% |
| 2023 | $20.0 | $23.1 | +15% |
| 2024 | $23.1 | $22.8 | -1.4% |
| 2025 | $22.8 | $38.4 | +69% |
| 2026 YTD | $38.4 | $38.6 | +0.7% |
BCH has finished lower in three of the last six years. It's up 0.7% so far in 2026.
BLK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $503.0 | $707.2 | +41% |
| 2021 | $707.2 | $913.9 | +29% |
| 2022 | $913.9 | $703.9 | -23% |
| 2023 | $703.9 | $811.8 | +15% |
| 2024 | $811.8 | $1,044.2 | +29% |
| 2025 | $1,044.2 | $1,088.1 | +4.2% |
| 2026 YTD | $1,088.1 | $1,216.6 | +12% |
BLK has the edge over BCH on returns for 2026, with the stronger performance.