Banco Santiago Stock Price, News & Analysis

Banco Santander Chile (NYSE: BSAC) reported strong Q2 2025 financial results with a net income of $550 billion ($1.25 per ADR), marking a 62.8% increase year-over-year. The bank achieved an impressive ROAE of 24.5% in Q2 2025, maintaining above 20% returns for the fifth consecutive quarter.

Key highlights include a robust NIM of 4.1%, improved efficiency ratio of 35.3%, and strong capital position with a CET1 ratio of 10.9%. The bank's customer base expanded by 11.5% YoY to 4.5 million customers, with digital customers growing 7.9% YoY to 2.3 million. Net commissions increased by 13.2% in H1 2025, with a recurrence ratio of 61.9%.

Banco Santander Chile (NYSE: BSAC) has officially welcomed Andrés Trautmann Buc as its new CEO and Country Head, effective July 1, 2025. The appointment, which was previously announced in February, marks the succession of Román Blanco, who concludes his successful tenure with the bank.

Trautmann brings significant experience within Santander Group, having joined in 2007. His career includes leadership roles in Markets, Corporate and Institutional Banking (CIB), and most recently as Executive Vice President of CIB at Santander Chile. Under his previous positions, he achieved notable successes including tripling the growth of the Sales and Trading business.

As of March 31, 2025, Santander Chile reported total assets of US$70,284 million, gross loans of US$43,075 million, and total deposits of US$32,080 million. The bank maintains strong financial metrics with a BIS capital ratio of 16.9% and a core capital ratio of 10.7%. The bank serves over 4.3 million customers through 237 branches and employs 8,712 people. Notably, Santander Chile maintains high credit ratings, including A2 from Moody's and A- from Standard & Poor's.

Banco Santander Chile (NYSE: BSAC) has announced its Second Quarter 2025 financial results conference call and webcast, scheduled for Tuesday, August 5, 2025, at 11:00 AM ET. Key executives participating include CFO Patricia Pérez, Chief Strategy Officer & Head of IR Cristian Vicuña, and Chief Economist Andrés Sansone.

The bank's Management Commentary report will be published on July 31, 2025, before market opening, with the quiet period beginning on July 17. The bank maintains strong financial positions with total assets of Ch$67,059,423 million (US$70,284 million) and total gross loans of Ch$41,098,666 million (US$43,075 million) as of March 31, 2025.

Banco Santander Chile holds notable risk classifications in Latin America, including an A2 rating from Moody's and A- from Standard & Poor's. The bank reported a BIS capital ratio of 16.9% and a core capital ratio of 10.7%, with 8,712 employees and 237 branches throughout Chile.

Banco Santander Chile (NYSE: BSAC) hosted its annual Santander Day event, unveiling several commercial initiatives focused on financial inclusion and customer service enhancement. Key announcements include:

The bank introduced a children's savings account for ages 0+ and a specialized service package for seniors featuring preferential branch assistance and digital training. The company is expanding its presence through new branches in underbanked areas and transforming Getnet locations into financial centers. A notable innovation is ConCarnet, a partnership between Getnet and Conectados fintech, enabling social benefit payments through Getnet POS systems.

The event also highlighted the bank's One Santander strategy, focusing on global brand consistency and shared technology across countries. The company announced a leadership transition, with Andrés Trautmann set to become the new General Manager and Country Head in July 2025.

Banco Santander Chile reported strong Q1 2025 financial results with a net income of $278 billion ($1.47 per share), marking a significant 131% year-over-year increase. The bank achieved an impressive ROAE of 25.7%, maintaining above 20% returns for the fourth consecutive quarter.

Key highlights include a 33.2% increase in operating income, improved net interest margin reaching 4.1%, and best-in-class efficiency ratio of 35%. The bank successfully completed its Gravity project, migrating systems to the cloud, while expanding its customer base by 9.4% to 4.3 million customers.

Shareholders approved a dividend of Ch$3.19 per share, yielding 5.4%. The bank maintains strong capital ratios with CET1 at 10.7% and overall Basel III ratio at 16.9%. Total assets reached Ch$67,059,423 million with gross loans of Ch$41,098,666 million as of March 31, 2025.

Banco Santander Chile (NYSE: BSAC) has announced its upcoming First Quarter 2025 financial results conference call and webcast, scheduled for Thursday, May 8, 2025, at 10:00 AM EST. The presentation will feature key executives including Patricia Pérez (CFO), Cristian Vicuña (Chief Strategy Officer & Head of IR), and Andrés Sansone (Chief Economist).

The bank's financial position as of December 31, 2024, shows:

• Total assets of US$68,865 million
• Gross loans of US$41,569 million
• Total deposits of US$31,545 million
• Shareholders' equity of US$4,318 million
• BIS capital ratio of 17.1%
• Core capital ratio of 10.5%

The bank maintains strong credit ratings including A2 from Moody's, A- from S&P, and A+ from Japan Credit Rating Agency, with Stable Outlook across all ratings. The institution employs 8,757 people and operates 236 branches throughout Chile.

Banco Santander Chile (NYSE: BSAC) has announced the filing of its Annual Report on Form 20-F for fiscal year 2024 with the U.S. Securities and Exchange Commission (SEC). The 2024 Annual Report, which includes complete audited financial statements, is now accessible through:

• SEC's website (www.sec.gov)
• Santander Chile's corporate website (www.santander.cl)

Shareholders can request a free hard copy of the report by contacting the company's Investor Relations Office at +56 2 26483583 or via email at irelations@santander.cl.

Banco Santander Chile (NYSE: BSAC) has announced that Andrés Trautmann Buc will become the new CEO and Country Head, effective July 1, 2025, replacing Román Blanco Reinosa. Trautmann, currently Executive Vice President of Santander Corporate & Investment Banking (CIB), brings extensive experience since joining the Group in 2007.

Under Blanco's leadership, Santander achieved significant milestones, including a 26% ROAE in Q4 2024 and total profits of 865 billion pesos in 2024. The bank maintains strong financial metrics with a P/BV ratio of 2.2x and an A2 rating from Moody's. As of December 31, 2024, the bank reported total assets of US$68,865 million, gross loans of US$41,569 million, and total deposits of US$31,545 million. The bank operates with 8,757 employees across 236 branches, maintaining a solid BIS capital ratio of 17.1% and a core capital ratio of 10.5%.

Banco Santander Chile (NYSE: BSAC) reported strong financial results for Q4 and full-year 2024. Net income attributable to shareholders reached $858 billion ($1.83 per ADR), marking a 72.8% increase year-over-year, with a Return on Average Equity (ROAE) of 20.2%. The bank achieved a robust NIM recovery of 4.2% in Q4 and 3.6% for 2024.

Operating income increased by 34.5% YoY, driven by stronger interest margins and lower funding costs, which decreased from 6.8% to 4.7%. The bank expanded its customer base by 6.4% YoY to 4.3 million customers, with digital customers growing 5.9% to 2.2 million. Customer funds increased 12.6% since December 2023, while the efficiency ratio improved to 39.0% from 46.6% year-over-year.

The bank maintained solid capital levels with a BIS ratio of 17.1% and CET1 of 10.5%, including a proposed 70% dividend payout for 2024 earnings.