Banco Santander-Chile filings document the disclosure record of a Chilean bank whose ADRs trade in the United States. The company's Form 6-K reports include material facts submitted under Chilean securities and banking rules, management commentary, audited consolidated financial statements, shareholder meeting resolutions, dividend actions, director elections, and local-market bond placements under CMF-registered credit lines.
Its annual Form 20-F reporting and related exhibits describe the bank's business environment, segment information, balance sheet, results of operations, capital and credit-risk metrics, responsible banking disclosures, securities issued by the bank, and governance matters relevant to a foreign private issuer.
Banco Santander-Chile reports summarized unaudited consolidated results as of April 30, 2026, prepared under the Chilean Financial Market Commission’s banking accounting standards, which are largely aligned with IFRS. Total assets reached MCh$70,131,012, mainly driven by loans and accounts receivable from customers and banks of MCh$39,556,240 and financial instruments of MCh$10,426,801.
On the liability side, deposits and other demand liabilities were MCh$15,253,676, time deposits and other time liabilities were MCh$16,485,732, and issued debt and regulatory capital instruments totaled MCh$10,039,874. Total equity was MCh$4,951,239, of which MCh$4,793,547 was attributable to equity holders of the bank.
For the period, the bank generated net interest income of MCh$683,687 and net fee and commission income of MCh$206,138, with total operating income of MCh$990,554. After a MCh$204,252 provision for loan losses, support expenses of MCh$303,556, and income tax expense of MCh$66,194, net income for the period was MCh$398,843, including MCh$388,328 attributable to equity holders of the bank and MCh$10,515 to non-controlling interests.
Banco Santander-Chile filed its interim consolidated financial statements for the period ended March 31, 2026. Total assets reached Ch$69,896,903 million, up from Ch$68,094,956 million as of December 31, 2025, while total equity was Ch$4,893,820 million.
Net interest income was Ch$457,510 million for the period, compared with Ch$423,840 million a year earlier. Consolidated profit for the period was Ch$280,477 million, slightly below Ch$281,737 million for the same period in 2025, with basic earnings per share of Ch$1.45.
Credit loss expenses totaled Ch$158,777 million, compared with Ch$139,501 million in the prior-year period. Other comprehensive income was negative, mainly due to cash flow hedge accounting effects, leading to consolidated comprehensive income of Ch$172,411 million, down from Ch$285,996 million a year earlier.
Banco Santander-Chile reported new local bond financing in Chile. On May 8, 2026, the bank placed Series AA-5 dematerialized bearer bonds under an existing CMF-registered credit line for a total of 1,500,000 UF, maturing on February 1, 2032, at an average rate of 2.56%.
It also issued BG Series dematerialized bearer bonds for 57,000,000,000 pesos under a separate CMF-registered credit line, maturing on July 1, 2032, with an average placement rate of 6.02%. These long-term issuances expand the bank’s local market funding in inflation-indexed and peso instruments.
Banco Santander-Chile reported that on May 05, 2026 it placed dematerialized bearer bonds in the local Chilean market under its credit line registered with the CMF Securities Registry number 202220013. The placement included Series AA-5 bonds totaling 337,000 UF, maturing on February 1, 2032, with an average placement rate of 2.50%.
Banco Santander-Chile reported a new local bond placement as a material fact. On May 4, 2026, the bank issued dematerialized bearer bonds in the Chilean market under its existing CMF-registered credit line.
The placement covered Series AA-5 bonds (ticker BSTDA50822) for a total of 706,000 UF, maturing on February 1, 2032, with an average placement rate of 2.50%. This adds medium-term funding in local currency units to support the bank’s operations.
Banco Santander-Chile delivered solid first-quarter 2026 results in a low-inflation environment, with net income attributable to shareholders of Ch$273 billion, equal to $1.45 per share and US$0.63 per ADR, and a strong ROAE of 23.0% for 3M26.
Profit rose 7.0% versus 4Q25 on higher fee and financial transaction income and lower other expenses, partly offset by weaker margins as UF inflation slowed to 0.3%. Year over year, profit fell 1.7% and ROAE eased from 25.7%, mainly due to lower inflation-linked margin income.
Efficiency improved meaningfully, with the cost-to-income ratio at 32.5% and operating expenses down 6.7% versus 3M25, helped by non-recurring technology migration costs in the prior year. Net interest margin was 3.8%, as 7.9% growth in interest income could not fully offset lower readjustment income.
Asset quality remained manageable but under pressure: the cost of credit rose to 1.55% and credit loss expense increased 13.8% year over year, while the NPL ratio was 3.3% and coverage 114.6%. Capital levels stayed robust, with a CET1 ratio of 10.9% and BIS ratio of 16.4%.
The bank continued to grow its franchise, with total customers up 9.7% year over year to about 4.8 million and customer funds up 4.4%. Shareholders approved distributing 60% of 2025 profits as cash dividends, equal to Ch$3.35 per share and a 4.5% yield at approval.
Banco Santander-Chile reports decisions from its April 28, 2026 shareholders’ meetings. The Ordinary Shareholders’ Meeting elected a new board, including independent directors such as Rodrigo Vergara Montes, who was later appointed Chairman, and Félix de Vicente Mingo, appointed Vice Chairman.
The meeting approved a dividend of $3.353346317 per share, charged to 2025 profits, to be paid starting May 6, 2026 to shareholders registered as of midnight on April 29, 2026. An Extraordinary Shareholders’ Meeting held the same day approved bylaw amendments on board gender parity, removal of the second vice-presidency, and other formal updates to align with current regulations.
Banco Santander-Chile filed its audited consolidated financial statements for the year ended December 31, 2025. The bank generated net interest income of Ch$1,746,869mn, up from Ch$1,504,741mn in 2024, reflecting improved core lending and funding performance.
Total operating income reached Ch$2,891,434mn versus Ch$2,622,870mn a year earlier. Consolidated profit attributable to equity holders rose to Ch$1,053,209mn from Ch$857,623mn, and basic earnings per share increased to Ch$5.59 from Ch$4.55, showing stronger bottom-line profitability.
Credit loss expenses were Ch$572,772mn compared with Ch$525,831mn, indicating higher cost of risk alongside growth. Total assets were broadly stable at Ch$68,094,956mn, while total equity increased to Ch$4,839,640mn from Ch$4,396,834mn, supported by retained earnings and comprehensive income.
Banco Santander‑Chile reports that on April 23, 2026 it placed dematerialized bearer bonds in the local Chilean market under a previously registered credit line. The placement involved Series BJ bonds (ticker BSTDBJ0425) totaling Ch$23,000,000,000, with an average placement rate of 5.69%.
These bonds mature on October 1, 2029 and were issued using the line of credit registered in the CMF Securities Registry under number 20240007 on April 30, 2025. The disclosure is made as a Material Fact to keep investors informed about the Bank’s funding activities.
Banco Santander-Chile reports that it placed dematerialized bearer bonds in the local Chilean market on April 16, 2026. The placement involved Series BG bonds (ticker BSTDBG0125) totaling Ch$14,000,000,000, with an average placement rate of 5.83% and maturity on July 1, 2032. The issuance was carried out under the Bank’s line of credit registered with the CMF Securities Registry under number 20240007.