Santander Chile Achieves Strong Quarterly Growth
Company Announcements

Santander Chile Achieves Strong Quarterly Growth

Banco Santander Chile (BSAC) has released an update.

Banco Santander Chile reports a striking 81.1% quarterly increase in net income attributable to shareholders, with a robust return on average equity (ROAE) of 20.7% for the second quarter of 2024. The bank’s performance was bolstered by a significant rise in operating income, driven by improved interest margins and other adjustments. Despite market and economic challenges, Santander Chile maintains solid capital levels with a BIS ratio of 17.4% and a CET1 ratio of 10.6%.

For further insights into BSAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskBanco Santander Chile Reports Strong Q3 2024 Earnings
TipRanks Auto-Generated NewsdeskBanco Santander Chile Shows Strong Q3 Performance
TheFlySantander Chile reports Q3 EPS 58c, consensus 67c
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App