| Personnel Salaries and Expenses |
PERSONNEL SALARIES AND EXPENSES For the years ended December 31, 2025, 2024 and 2023, the composition of personnel salaries and expenses is as follows: | | | | | | | | | | | | | | | | | | | | | | For the years ended December 31, | | | 2025 | | 2024 | | 2023 | | | MCh$ | | MCh$ | | MCh$ | | | Salary compensation | (220,609) | | | (219,207) | | | (217,908) | | | | Performance bonus | (72,814) | | | (61,109) | | | (47,071) | | | | Legal compensation | (51,116) | | | (49,887) | | | (50,677) | | | | Short-term bonuses | (35,244) | | | (33,901) | | | (34,186) | | | | Long-term bonus | (8,706) | | | (14,727) | | | (14,629) | | | | Stock-based benefits | (1,805) | | | 825 | | | (2,119) | | | | Seniority compensation | (13,086) | | | (7,928) | | | (36,289) | | | | Pension plans | – | | | – | | | – | | | | Training expenses | (2,518) | | | (2,463) | | | (2,653) | | | | Nursery school and kindergarten expenses | (2,375) | | | (2,597) | | | (2,749) | | | | Other personnel expenses | (4,629) | | | (7,825) | | | (3,994) | | | | Total | (412,902) | | | (398,819) | | | (412,275) | | |
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