Banco Santander Chile upgraded by BofA Securities with a new price target
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BofA Securities upgraded Banco Santander Chile from Underperform to Buy and set a new price target of $20.00 from $22.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 10/26/2022 | Sector Perform → Sector Outperform | Scotiabank |
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
6-K - BANCO SANTANDER CHILE (0001027552) (Filer)
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
SANTIAGO, Chile, Jan. 13, 2025 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE:BSAC) conference call-webcast on Friday, February 7, 2025, at 11.00 AM (EST time) where we will discuss 4Q 2024 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 January 31, 2025, before the market opens. The quiet period begins on January 17. To participate, the webcast presentation can be viewed at: https://mm.c
SANTIAGO, Chile, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC, SSE: Bsantander)) announced today its results1 for the nine-month period ended September 30, 2024, and third quarter 2024 (3Q24). ROAE2 of 23.1% in 3Q243 and 18.2% in 9M244. In the third quarter of 2024 (3Q24), the Bank's net income attributable to shareholders totaled $243,133 million ($1.29 per share and US$ 0.58 per ADR), reflecting an increase of 11.7% compared to the previous quarter (2Q24), with an ROAE of 23.1%. As of September 30, 2024, the Bank's net income attributable to shareholders totaled $581.109 billion ($3.08 per share and US$1.37 per ADR), reflecting an increase of 81
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
Itau BBA upgraded Banco Santander Chile from Market Perform to Outperform and set a new price target of $22.00
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
SANTIAGO, Chile, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE:BSAC) announces that Mr. Andrés Trautmann Buc will take over as CEO and Country Head, replacing Mr. Román Blanco Reinosa. This change will occur on July 1, 2025 and, until then, Mr. Blanco will remain as the bank's CEO, while Mr. Trautmann will continue to lead the Executive Vice President of Santander Corporate & Investment Banking (CIB). Mr. Trautmann, a commercial engineer from Universidad de Chile, has a distinguished career at Santander, since joining the Group in 2007. He began his career as Head of Institutional and Corporate Sales at Santander Chile. Between 2010 and 2012, he served as Head of Structure
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
SANTIAGO, Chile, Jan. 13, 2025 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE:BSAC) conference call-webcast on Friday, February 7, 2025, at 11.00 AM (EST time) where we will discuss 4Q 2024 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 January 31, 2025, before the market opens. The quiet period begins on January 17. To participate, the webcast presentation can be viewed at: https://mm.c