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Consolidated Statements of Income - CLP ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Profit or loss [abstract]      
Interest and UF indexation revenue $ 4,466,881 $ 2,388,470 $ 1,876,795
Interest and UF indexation expense (2,200,752) (814,448) (560,007)
Net interest and UF indexation income 2,266,129 1,574,022 1,316,788
Income from commissions 667,848 584,321 562,146
Expense from commissions (145,716) (129,293) (116,178)
Net income from commissions 522,132 455,028 445,968
Net Financial income (expense) 306,824 170,979 145,383
Income attributable to investments in other companies 13,031 1,793 (5,099)
Result from non-current assets and disposal groups held for sale not admissible as discontinued operations 4,848 1,986 (1,017)
Other operating income 29,659 21,063 20,288
TOTAL OPERATING INCOME, BEFORE EXPECTED CREDIT LOSSES 3,142,623 2,224,871 1,922,311
Expected credit losses (412,130) (19,172) (547,106)
TOTAL OPERATING INCOME, NET OF EXPECTED CREDIT LOSSES 2,730,493 2,205,699 1,375,205
Expenses from salaries and employee benefits (528,226) (450,952) (457,176)
Administrative expenses (355,274) (324,625) (318,881)
Depreciation and amortization (84,205) (76,798) (73,357)
Impairment of non-financial assets (77) (1,690) (1,661)
Other operating expenses (27,701) (19,348) (19,277)
TOTAL OPERATING EXPENSES (995,483) (873,413) (870,352)
NET OPERATING INCOME 1,735,010 1,332,286 504,853
Income taxes (289,209) (275,969) (103,223)
NET INCOME FOR THE YEAR 1,445,801 1,056,317 401,630
Attributable to:      
Shareholders of the Bank 1,445,799 1,056,316 401,629
Non-controlling interests $ 2 $ 1 $ 1
Earnings per share:      
Basic earnings (in Dollars per share and Pesos per share) $ 14.31 $ 10.46 $ 3.98
Diluted earnings (in Dollars per share and Pesos per share) $ 14.31 $ 10.46 $ 3.98