Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Banco de Chile or Itaú Unibanco Holding S.A. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Banco de Chile and Itaú Unibanco Holding S.A. compare based on key financial metrics to determine which better meets your investment needs.

About Banco de Chile and Itaú Unibanco Holding S.A.

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. The company offers current account and digital student plans; digital and checking accounts; mortgage loans; credit and debit cards; consumer credit; applications; deposits and savings; financing; autoleasing; online payments; cell phone top-ups; foreign currency; and income accreditation. It also provides insurance products, including journey, health, protection, home, life, and automotive; and investments, such as mutual, investment, and APV funds, stocks, fixed income, and derivative products. In addition, the company offers cash management comprising mass and easy payments, collection, and fund transfers; foreign trade, which includes imports, exports, international network products, Banchile international transport insurance, and customs guarantee insurance; and other services, such as bank connection, financial portability, digital VAT and signature, financial advice, and SME program. It serves individuals, private entities, companies, and small and medium-sized enterprises. The company was founded in 1893 and is headquartered in Santiago, Chile.

Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides non-life insurance products covering loss, damage, or liability for objects or people, as well as life insurance products covering death and personal accidents. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth institutional clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.

Latest Banks and Banco de Chile, Itaú Unibanco Holding S.A. Stock News

As of September 2, 2026, Banco de Chile had a $21.5 billion market capitalization, compared to the Banks median of $750.0 million. Banco de Chile’s stock is up 12.2% in 2026, up 2.5% in the previous five trading days and up 46.54% in the past year.

Currently, Banco de Chile does not have a price-earnings ratio. Banco de Chile’s trailing 12-month revenue is $2.9 billion with a 45.4% net profit margin. Year-over-year quarterly sales growth most recently was 14.9%. Analysts expect adjusted earnings to reach $2.814 per share for the current fiscal year. Banco de Chile currently has a 5.2% dividend yield.

As of September 2, 2026, Itaú Unibanco Holding S.A. had a $93.2 billion market cap, putting it in the 96th percentile of all stocks. Itaú Unibanco Holding S.A.’s stock is up 14.2% in 2026, up 8.6% in the previous five trading days and up 18.72% in the past year.

Currently, Itaú Unibanco Holding S.A.’s price-earnings ratio is 10.0. Itaú Unibanco Holding S.A.’s trailing 12-month revenue is $27.7 billion with a 32.6% net profit margin. Year-over-year quarterly sales growth most recently was 23.6%. Analysts expect adjusted earnings to reach $0.891 per share for the current fiscal year. Itaú Unibanco Holding S.A. currently has a 0.9% dividend yield.

How We Compare Banco de Chile and Itaú Unibanco Holding S.A. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Banco de Chile and Itaú Unibanco Holding S.A.’s stock grades to see how they measure up against one another.

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Banco de Chile and Itaú Unibanco Holding S.A. Stock Value Grades

Company	Ticker	Value
Banco de Chile	BCH	D
Itaú Unibanco Holding S.A.	ITUB	B

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Banco de Chile has a Value Score of 40, which is Expensive. Itaú Unibanco Holding S.A. has a Value Score of 76, which is Value.

The Value Stock Winner: Itaú Unibanco Holding S.A.

As you can clearly see from the Value Grade breakdown above, Itaú Unibanco Holding S.A. is considered to have better value than Banco de Chile. For investors who focus solely on a company’s valuation, Itaú Unibanco Holding S.A. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Banco de Chile and Itaú Unibanco Holding S.A. Growth Grades

Company	Ticker	Growth
Banco de Chile	BCH	C
Itaú Unibanco Holding S.A.	ITUB	C

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Banco de Chile has a Growth Score of 44, which is Average. Itaú Unibanco Holding S.A. has a Growth Score of 43, which is Average.

The Growth Stock Winner: No Clear Winner

Neither Banco de Chile or Itaú Unibanco Holding S.A. has a high enough Growth Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Banco de Chile or Itaú Unibanco Holding S.A. is the better investment when it comes to sustainable growth.

Banco de Chile and Itaú Unibanco Holding S.A.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Banco de Chile	BCH	C
Itaú Unibanco Holding S.A.	ITUB	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Banco de Chile has a Earnings Estimate Score of 57, which is Neutral. Itaú Unibanco Holding S.A. has a Earnings Estimate Score of 43, which is Neutral.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Banco de Chile or Itaú Unibanco Holding S.A. has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Banco de Chile or Itaú Unibanco Holding S.A. is the better investment when it comes to estimate revisions.

Other Banco de Chile and Itaú Unibanco Holding S.A. Grades

In addition to Growth, Value and Estimate Revisions, A+ Investor also provides grades for Momentum and Quality.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Banco de Chile and Itaú Unibanco Holding S.A. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Banco de Chile or Itaú Unibanco Holding S.A. Stock?

Overall, Banco de Chile stock has a Value Score of 40, Growth Score of 44 and Estimate Revisions Score of 57.

Itaú Unibanco Holding S.A. stock has a Value Score of 76, Growth Score of 43 and Estimate Revisions Score of 43.

Comparing Banco de Chile and Itaú Unibanco Holding S.A.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.