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Equity (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of classes of share capital [abstract]  
Schedule of share movements

   Total Ordinary Shares 
Total shares as of December 31, 2017   99,444,132,192 
Capitalization of retained earnings   1,572,948,922 
Total shares as of December 31, 2018   101,017,081,114 
Total Shares as of December 31, 2019   101,017,081,114 

Schedule of shareholder's composition

As of December 31, 2018, the shareholder composition was as follows:

 

Corporate Name or Shareholder's Name  Shares   % of Equity Holding 
         
Sociedad Administradora de la Obligación Subordinada SAOS S.A.   28,593,701,789    28.31 
LQ Inversiones Financieras S.A.   27,460,203,382    27.18 
Sociedad Matriz del Banco de Chile S.A.   12,138,573,251    12.02 
Other minority shareholders   32,824,602,692    32.49 
Total   101,017,081,114    100.00 

 

As of December 31, 2019, the shareholder composition was as follows:

 

Corporate Name or Shareholder's Name  Shares   % of Equity Holding 
         
LQ Inversiones Financieras S.A.   46,815,289,329    46.34 
Banchile Corredores de Bolsa S.A.   5,708,422,261    5.65 
Inversiones LQ-SM Limitada   4,854,988,014    4.81 
Other minority shareholders   43,638,381,510    43.20 
Total   101,017,081,114    100.00 
Schedule of dividends declared and paid
   2017   2018   2019 
Dividends on ordinary shares MCh$ (*):   342,034    374,079    356,311 
Dividends per ordinary share Ch$(**):   3.50    3.76    3.53 

 

(*)This dividend per share is composed of the dividend paid to the Central Bank and common shareholders in the amounts of MCh$90,733 and MCh$265,578, respectively. On April 30, 2019, was paid the last installment of subordinated debt to the Central Bank.
(**)Dividends per share are calculated by dividing the amount of the dividend paid during each year by the previous year's number of shares outstanding.
Schedule of the income and share data used in the calculation of EPS

   As of December 31, 
   2017   2018   2019 
Basic and diluted earnings per share:            
             
Net profits attributable to ordinary equity holders of the Bank (MCh$)   572,080    603,633    603,744 
Weighted average number of ordinary shares (*)   101,017,081,114    101,017,081,114    101,017,081,114 
Earnings per share  (Ch$)   5.66    5.98    5.98 

 

(*)During 2017 and 2018, the Bank capitalized 1,819,784,762, and 1,572,948,922 shares respectively, which are considered in the earnings per share calculation as if they had been outstanding during all periods presented.