v3.25.4
Consolidated Statements of Cash Flows - CLP ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of cash flows [abstract]      
NET INCOME FOR THE YEAR $ 1,038,053 $ 859,850 $ 593,837
Adjustments for non-cash items included in net income (1,828,308) (1,573,032) (1,306,901)
Depreciation and amortization 135,159 141,435 143,762
Impairment of property, plant, and equipment 3,747 1,295 1,912
Provision for loan losses 767,953 658,534 429,854
Mark to market of trading investments (820) (45,365) (125,613)
Income from investments in associates and other companies (9,289) (8,533) (8,763)
Net gain on sale of assets received in lieu of payment (9,141) (3,993) (8,452)
Provision on assets received in lieu of payment 2,761 95 (858)
Net sale on sale of investment in associates and other companies 0 (1,903) 0
Net gain on sale of property, plant and equipment (10,067) (5,123) (5,281)
Net interest income (1,986,683) (1,786,786) (1,093,049)
Net fee and commission income (595,831) (547,066) (502,640)
Changes in deferred taxes (38,797) 12,659 (131,195)
Other non-cash items (87,300) 11,719 (6,578)
Increase/decrease in operating assets and liabilities 845,662 1,195,570 2,028,822
(Increase)/decrease of loans and accounts receivables from customers, net 427,858 (549,114) (2,047,036)
(Increase)/decrease of financial investments (1,645,419) 4,618,410 (1,908,858)
Decrease/ (increase) of interbank loans (36,812) 37,068 (35,372)
Decrease/(increase) of assets received or awarded in lieu of payment (20,376) (21,082) (5,685)
Increase/(decrease) of debits in customers checking accounts (224,140) 883,710 (697,222)
(Decrease)/increase of time deposits and other time liabilities (604,843) 960,683 3,159,152
(Decrease)/increase of obligations with domestic banks (22,260) 6,093 4,900
Increase/(decrease) of other demand liabilities or time obligations 50,704 61,322 (162,301)
Increase/(decrease) of obligations with foreign banks (881,450) 14,222 1,032,051
Increase/(decrease) of obligations with Central Bank of Chile 0 (6,048,867) 464,784
(Decrease)/increase of obligations under repurchase agreements 2,478,656 (5,996) (32,771)
(Decrease)/increase in other financial liabilities 23,780 (95,732) 3,278
(Decrease)/increase of other assets and liabilities 413,431 609,870 940,645
Redemption of letters of credit (166) (1,009) (2,568)
Senior bond issuances 2,155,077 692,004 775,171
Redemption of senior bonds and payments of interest (2,566,337) (1,221,744) (266,794)
Redemption of mortgage bonds and payments of interest (10,365) (8,647) (7,545)
Redemption of perpetual bond and payments of interest (30,560) (30,818) (28,243)
Payment of interest on lease obligations (30,803) (7,617) (3,601)
Interest received 4,240,201 4,964,892 4,662,944
Interest paid (3,189,844) (4,076,146) (4,135,540)
Dividends received from investments in other companies 3,385 966 2,944
Fees and commissions received 760,758 692,044 621,286
Fees and commissions paid (444,813) (278,942) (304,797)
Total cash flow (used in) provided by operating activities 55,407 482,388 1,315,758
B - CASH FLOWS FROM INVESTMENT ACTIVITIES:      
Purchases of property, plant, and equipment (84,659) (63,161) (74,426)
Sales of property, plant, and equipment 32,582 1,140 1,643
Purchases of intangible assets (52,868) (44,559) (45,067)
Total cash flow used in investment activities (104,945) (106,580) (117,850)
C - CASH FLOW FROM FINANCING ACTIVITIES:      
Dividends paid (600,336) (347,483) (485,191)
Placement of subordinated bond 0 0 0
Lease obligations paid (20,762) (25,364) (30,101)
Total cash flow used in financing activities (621,098) (372,847) (515,292)
D – NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS DURING THE YEAR (670,636) 2,961 682,616
E – EFFECTS OF FOREIGN EXCHANGE RATE FLUCTUATIONS (7,305) 7,317 (1,778)
F - INITIAL BALANCE OF CASH AND CASH EQUIVALENTS 2,771,002 2,760,724 2,079,886
FINAL BALANCE OF CASH AND CASH EQUIVALENTS 2,093,061 2,771,002 2,760,724
Reconciliation of provisions for the Consolidated Statements of Cash Flow for the year ended      
Provision for loan losses for cash flow purposes (767,953) (658,534) (429,854)
Recovery of loans previously charged off 192,640 153,944 107,069
Provision for loan losses – net $ (575,313) $ (504,590) $ (322,785)