Welcome to our dedicated page for Banco Santiago SEC filings (Ticker: BSAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Banco Santander-Chile (BSAC) SEC filings page provides access to the bank’s regulatory disclosures as a foreign private issuer in the United States. Banco Santander-Chile files annual reports on Form 20-F and interim reports on Form 6-K under the Securities Exchange Act of 1934. These filings include consolidated financial information, selected statistical data and explanatory notes prepared in accordance with Chilean Bank GAAP.
In its Form 6-K reports, the bank presents unaudited interim consolidated financial statements, income statement data, key profitability ratios such as net interest margin and return on average equity, efficiency measures, and credit quality indicators like non-performing loan and allowance coverage ratios. The filings also describe capital adequacy using BIS and Common Equity Tier 1 ratios under Chilean regulation, as well as information on employees and branch counts.
Banco Santander-Chile’s SEC reports contain cautionary statements regarding forward-looking information and a discussion of differences between Chilean Bank GAAP and IFRS, which is referenced in its Form 20-F. The filings further explain exchange rate conventions, the use of the inflation-indexed UF unit, and the framework for dividend distribution under Chilean law, including minimum payout requirements and the process for proposing and approving annual dividends.
Through this page, investors can review the bank’s material facts, consolidated financial information and other regulatory disclosures as they are furnished to the SEC. Stock Titan enhances this access with AI-powered summaries that highlight the main points of each filing, helping readers quickly understand trends in earnings, margins, capital, credit quality and dividend policy without having to parse every table and footnote.
Banco Santander-Chile filed a Form 6-K presenting unaudited consolidated figures as of January 31, 2026 in millions of Chilean pesos. Total assets reached MCh$70,407,055, mainly driven by loans and accounts receivable from customers and banks of MCh$39,327,929 and financial instruments of MCh$9,584,447.
Deposits and other demand liabilities were MCh$13,542,997, time deposits and other time liabilities MCh$17,315,873, and issued debt and regulatory capital instruments MCh$10,574,835. Total equity was MCh$4,868,742, of which MCh$4,747,621 was attributable to equity holders of the bank.
For the period, the bank generated MCh$230,445 in total operating income, including net interest income of MCh$150,243 and net fee and commission income of MCh$49,826. After a provision for loan losses of MCh$44,892 and income tax expense of MCh$22,903, net income for the period was MCh$85,380, with MCh$84,256 attributable to equity holders.
Banco Santander Chile delivered strong 2025 results with higher profitability and solid capital. Net income attributable to shareholders reached Ch$1.053 billion, up 22.8% year over year, with earnings of $5.59 per share and US$2.48 per ADR.
Return on average equity rose to 23.5% in 2025 from 20.2% in 2024, marking a seventh straight quarter above 20% in 4Q25. Total operating income grew 10.2% as net interest income and readjustments climbed 10.9% on a lower funding cost and a stronger 4.0% net interest margin, while fees increased 8.9%.
Asset quality remained manageable but under pressure, with a cost of credit of 1.39% and an impaired loan ratio of 7.1%, although the non‑performing loan ratio stayed at 3.2% and coverage reached 114.5%. Capital and liquidity were robust, with a CET1 ratio of 11.0%, a BIS ratio of 16.9%, an LCR of 187.7%, and an NSFR of 115.1%.
Banco Santander-Chile has signed a share purchase agreement to transfer 49.99% of the shares of its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. to Getnet Payments, S.L. A related service agreement between the Bank and the subsidiary was also signed. Both agreements were approved at an extraordinary shareholders’ meeting held on January 27 of this year.
Banco Santander-Chile is changing how it manages its shareholder records. The bank has appointed DCV Registros S.A., a subsidiary of Depósito Central de Valores (DCV), to administer its shareholder registry effective immediately.
The bank explains that this change was presented at the most recent shareholders' meeting and communicated directly to shareholders by letter. Details about the new registry administrator are available in the shareholders' section of the bank’s website, on the DCV Registros S.A. website, and through DCV’s customer service channels, helping investors know where to manage their share records and related services.
Banco Santander-Chile filed a Form 6-K reporting a minor governance update. The Board of Directors approved “minor adjustments” to the Bank’s Habituality Policy at a meeting held on January 27, 2026.
The updated Habituality Policy, including a change-control section, is available to the public in the Corporate Information section of the Bank’s website and at its corporate offices in Santiago, Chile. The communication is formally addressed to the President of the Chilean Financial Markets Commission and signed by senior executives.
Banco Santander-Chile reports that its Extraordinary Shareholders' Meeting held on January 27, 2026 approved accepting an offer from Getnet Payments, S.L..
The offer covers the purchase of 49.99% of the shares of its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A., held by Banco Santander-Chile and Santander Asesorías Financieras Limitada.
Banco Santander-Chile reports solid nine‑month 2025 results and outlines key risks and developments. For the nine months ended September 30, 2025, net income reached U.S.$841.7 million (Ch$809,420 million), with net interest income of U.S.$1,572.8 million. Profitability improved, as net interest margin rose to 3.9% and return on average equity to 23.0%, while the efficiency ratio strengthened to 35.9% from 40.0% in 2024.
Asset quality remained stable, with non‑performing loans at 3.07% of total loans and loan loss allowances at 3.2%. Retail clients accounted for 76.0% of the loan book, and residential mortgages totaled Ch$17,454,306 million, or 42.6% of loans at amortized cost. The bank highlights multiple risk factors, including Chilean and global macroeconomic conditions, regulation, funding costs, credit quality, fair value volatility and labor and tax reforms.
The bank maintains a long record of cash dividends, with the 2025 dividend reported at Ch$600,336 million (U.S.$624.6 million), equivalent to Ch$3.19 per share and U.S.$1.33 per ADS, reflecting 70%–75% of prior‑year earnings. Recent developments include the election of José Antonio Kast as Chile’s president and a proposed sale of 49.99% of Getnet Chile for Ch$68 billion plus a seven‑year commercial agreement that would share 10% of Getnet’s DIAO with the bank.
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