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Banco Santander-Chile Sells 49.99% Stake in Getnet Payments Subsidiary and Signs Service Deal

Story Highlights
  • Banco Santander-Chile agreed to sell 49.99% of its Getnet Chile payments subsidiary to Getnet Payments.
  • The transaction and a related service agreement were approved at a January 27, 2026 extraordinary shareholders’ meeting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Banco Santander-Chile Sells 49.99% Stake in Getnet Payments Subsidiary and Signs Service Deal

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An announcement from Banco Santander Chile ( (BSAC) ) is now available.

On February 2, 2026, Banco Santander-Chile signed a share purchase agreement to sell 49.99% of its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. to Getnet Payments, S.L., with Santander Asesorías Financieras Limitada also a party to the transaction. The bank simultaneously entered into a service agreement with the same payments subsidiary, and both the sale and the related service arrangement had been approved at an extraordinary shareholders’ meeting held on January 27, 2026, signaling a strategic repositioning of its payments business structure and reinforcing operational ties with its card-processing unit.

The most recent analyst rating on (BSAC) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.

Spark’s Take on BSAC Stock

According to Spark, TipRanks’ AI Analyst, BSAC is a Neutral.

Banco Santander Chile’s overall stock score is driven by strong earnings call insights and positive technical indicators. While the financial performance shows robust profitability, challenges with revenue growth and leverage are concerns. The valuation is fair, and the dividend yield is attractive. Political and economic uncertainties are notable risks.

To see Spark’s full report on BSAC stock, click here.

More about Banco Santander Chile

Banco Santander-Chile is a leading Chilean bank that provides a broad range of financial services, including retail and commercial banking, payment services and related financial products, serving individuals, small and medium-sized enterprises and corporate clients across the Chilean market.

Average Trading Volume: 322,403

Technical Sentiment Signal: Buy

Current Market Cap: $16.74B

See more insights into BSAC stock on TipRanks’ Stock Analysis page.

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