Banco Santander Chile downgraded by BofA Securities with a new price target
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BofA Securities downgraded Banco Santander Chile from Neutral to Underperform and set a new price target of $24.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/1/2025 | $24.00 | Neutral → Underperform | BofA Securities |
| 12/16/2024 | Buy → Neutral | BofA Securities | |
| 8/20/2024 | $18.00 → $21.00 | Sell → Neutral | Goldman |
| 6/12/2024 | $22.00 | Market Perform → Outperform | Itau BBA |
| 12/19/2023 | Buy → Hold | HSBC Securities | |
| 11/2/2023 | $22.00 → $20.00 | Underperform → Buy | BofA Securities |
| 10/16/2023 | $18.89 | Hold | Jefferies |
| 1/11/2023 | Neutral → Sell | Goldman |
SANTIAGO, Chile, April 30, 2025 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC, SSE: Bsantander)) announced today its results1 for the three-month period ended March 31, 2025, and first quarter 2025 (1Q25). Solid financial performance with a ROAE2 of 25.7% in 1Q253, the fourth consecutive quarter with a ROAE of over 20%. As of March 31, 2025, the bank's net income attributable to shareholders totaled $278 billion ($1.47 per share and $0.62 per ADR), representing a 131.0% YoY4 increase and an ROAE of 25.7%, compared to an ROAE of 11.2% in 1Q24. The increase in results is explained by an increase in the bank's main revenue lines. Operating income increased 33.2% YoY, driven by better
SANTIAGO, Chile, April 07, 2025 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE:BSAC) conference call-webcast on Thursday, May 8, 2025, at 10.00 AM (EST time) where we will discuss 1Q 2025 financial results. The Bank's Officers participating in the conference call are: Patricia Pérez, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Andrés Sansone, Chief Economist. A question and answer session will follow the presentation. The Management Commentary report will be published on April 30, 2025, before the market opens. The quiet period begins on April 15. To participate, the webcast presentation can be viewed at: https://mm.closir.
SANTIAGO, Chile, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Banco Santander Chile ("Santander Chile" or the "Company") (NYSE:BSAC, SSE: Bsantander)) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 (the "2024 Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "SEC"). The 2024 Annual Report can be accessed either by visiting the SEC's website at www.sec.gov or Santander Chile's corporate website at www.santander.cl. In addition, shareholders may receive a hard copy of the 2024 Annual Report, which includes the Company's complete audited financial statements, free of charge by requesting a copy from Santander Chile's In
BofA Securities downgraded Banco Santander Chile from Neutral to Underperform and set a new price target of $24.00
BofA Securities downgraded Banco Santander Chile from Buy to Neutral
Goldman upgraded Banco Santander Chile from Sell to Neutral and set a new price target of $21.00 from $18.00 previously
SANTIAGO, Chile, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC) announced Patricia Pérez as its new Chief Financial Officer (CFO), also becoming the first woman to hold this position in the local subsidiary. Patricia is an engineer in Information and Management Control from the University of Chile and holds a master's degree in Financial Management from the Adolfo Ibáñez University. Throughout her 18 years of experience in the Group, she has held different roles within the organization, beginning her career in Operations and Management Control and subsequently joining the Financial Executive Vice Presidency, where she has remained for the last 14 years, which has al
During the Ordinary Shareholders' Meeting, the appointment of María Olivia Recart and Blanca Bustamante as directors was approved, in addition to Lucía Santa Cruz and Ana Dorrego. Thus, the entity continues to integrate ESG criteria into its management, including its corporate governance.In the instance, the Bank's progress was also reported, including the 390% expansion in sustainable financing in 2022, which reflects its leadership in this matter.The general manager and country head, Román Blanco, discussed the progress of the entity in 2022 and outlined the objectives of the Chile First strategy, which in a few months has mobilized the Bank with launches such as "Más Lucas", Work/Café Exp
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
SANTIAGO, Chile, April 30, 2025 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC, SSE: Bsantander)) announced today its results1 for the three-month period ended March 31, 2025, and first quarter 2025 (1Q25). Solid financial performance with a ROAE2 of 25.7% in 1Q253, the fourth consecutive quarter with a ROAE of over 20%. As of March 31, 2025, the bank's net income attributable to shareholders totaled $278 billion ($1.47 per share and $0.62 per ADR), representing a 131.0% YoY4 increase and an ROAE of 25.7%, compared to an ROAE of 11.2% in 1Q24. The increase in results is explained by an increase in the bank's main revenue lines. Operating income increased 33.2% YoY, driven by better
SANTIAGO, Chile, April 07, 2025 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE:BSAC) conference call-webcast on Thursday, May 8, 2025, at 10.00 AM (EST time) where we will discuss 1Q 2025 financial results. The Bank's Officers participating in the conference call are: Patricia Pérez, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR and Andrés Sansone, Chief Economist. A question and answer session will follow the presentation. The Management Commentary report will be published on April 30, 2025, before the market opens. The quiet period begins on April 15. To participate, the webcast presentation can be viewed at: https://mm.closir.
SANTIAGO, Chile, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC, SSE: Bsantander)) announced today its results1 for the twelve-month period ended December 31, 2024, and fourth quarter 2024 (4Q24). Strong Financial Performance with ROAE2 of 26.0% in 4Q243 and 20.2% in 12M244. As of December 31, 2024, the Bank's net income attributable to shareholders totaled $858 billion ($4.55 per share and US$1.83 per ADR), marking a 72.8% increase compared to the same period of the previous year and with an ROAE of 20.2%. In 4Q24, net income attributable to shareholders of the Bank totaled $277 billion, increasing 13.7% in the quarter with a quarterly ROAE of 26.0%. This marks the