Top Page
Banco Santander Chile
(NYSE:BSAC)
Banco Santander Chile (BSAC) vs. SPDR S&P 500 ETF (SPY)
Banco Santander Chile Business Overview & Revenue Model
Banco Santander Chile Earnings Call Summary
Banco Santander Chile Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.31T | 4.90T | 5.22T | 4.72T | 3.37T |
| Gross Profit | 2.28T | 2.09T | 1.59T | 1.85T | 1.97T |
| EBITDA | 1.26T | 1.22T | 835.15B | 1.03T | 1.20T |
| Net Income | 1.05T | 852.96B | 579.43B | 792.28B | 842.47B |
Balance Sheet | |||||
| Total Assets | 68.09T | 68.40T | 71.09T | 68.42T | 63.84T |
| Cash, Cash Equivalents and Short-Term Investments | 6.64T | 7.61T | 10.52T | 11.30T | 11.14T |
| Total Debt | 16.15T | 14.73T | 12.71T | 10.90T | 10.38T |
| Total Liabilities | 62.41T | 63.04T | 65.77T | 63.46T | 59.41T |
| Stockholders Equity | 5.62T | 5.25T | 5.19T | 4.85T | 4.33T |
Cash Flow | |||||
| Free Cash Flow | 624.40B | 374.67B | -2.22T | -472.28B | -3.24T |
| Operating Cash Flow | 704.90B | 482.39B | -2.17T | -358.99B | -3.19T |
| Investing Cash Flow | -1.29T | -106.58B | -100.08B | -94.60B | -84.27B |
| Financing Cash Flow | -50.06B | -372.85B | 2.95T | -384.32B | 2.83T |
Banco Santander Chile Technical Analysis
Banco Santander Chile Risk Analysis
Banco Santander Chile Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $10.84B | 9.86 | 10.70% | 2.49% | 4.78% | 21.68% | |
74 Outperform | $8.76B | 11.37 | 11.71% | 1.40% | 3.58% | 13.93% | |
70 Outperform | $18.64B | 8.44 | 17.70% | 10.29% | -6.79% | 16.13% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $19.21B | 14.56 | 21.25% | 5.56% | -11.64% | -8.75% | |
57 Neutral | $21.26B | 9.97 | 11.15% | 4.98% | 1.13% | -11.93% | |
56 Neutral | $14.55B | 12.58 | 21.37% | 4.29% | 12.43% | 56.30% |
Banco Santander Chile Corporate Events
On February 26, 2026, Banco Santander-Chile reported a new local bond placement as a material fact to the Chilean Financial Markets Commission, highlighting its ongoing use of the domestic capital market to fund operations and manage its liabilities. The bank issued dematerialized bearer bonds under an existing credit line registered in April 2025, reinforcing its access to long-term funding and signaling continued confidence from local fixed-income investors.
As part of this transaction, the bank placed Series BA bonds, trading under ticker BSTDBA0225, for a total of 632,000 UF with a maturity date of August 1, 2032 and an average placement rate of 2.71%. The issuance, formally disclosed to regulators and local exchanges, supports Banco Santander-Chile’s capital structure and may help sustain its lending capacity and competitive positioning in Chile’s banking sector over the medium term.
The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On February 18, 2026, Banco Santander-Chile issued dematerialized bearer bonds in the Chilean local market under an existing credit line registered with the Financial Markets Commission in April 2025. The placement involved Series BA bonds totaling 50,000 UF, maturing on August 1, 2032, with an average placement rate of 2.70%, reinforcing the bank’s local funding base and supporting its ongoing lending and investment activities.
The transaction, reported as a material fact to the Chilean Financial Markets Commission on February 19, 2026, highlights the bank’s continued use of domestic capital markets to diversify and optimize its liability structure. By tapping long-term funding at a relatively low rate in inflation-indexed units, Banco Santander-Chile may improve its asset-liability matching and maintain competitive financing costs, which is relevant for investors in its debt and equity securities.
The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On February 16, 2026, Banco Santander-Chile reported a material fact to the Chilean Financial Markets Commission, disclosing a new placement of dematerialized bearer bonds in the local market. The issuance was carried out under an existing credit line registered with the regulator in April 2025, reinforcing the bank’s use of domestic capital markets for long-term funding.
The bank placed Series BA bonds under the ticker BSTDBA0225 for a total amount of 597,000 UF, with a maturity date of August 1, 2032 and an average placement rate of 2.725%. This transaction extends the bank’s debt maturity profile and underlines ongoing investor appetite for its paper, which may strengthen its liquidity position and support future growth in lending and other core banking operations.
The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
Banco Santander-Chile has filed a Form 6-K with the U.S. Securities and Exchange Commission dated February 11, 2026, disclosing summarized consolidated financial information as of January 31, 2026. The bank reported total assets of CLP 70.4 trillion, supported mainly by CLP 39.3 trillion in customer and bank loans and CLP 12.1 trillion in financial derivative contracts, with total equity of CLP 4.9 trillion attributable primarily to the bank’s shareholders.
For the period ended January 31, 2026, the bank generated total operating income of CLP 230.4 billion, driven by net interest income of CLP 150.2 billion, fee income and financial operations, and achieved net income of CLP 85.4 billion after loan loss provisions, support expenses, and taxes. This early 2026 performance snapshot, prepared under Chilean banking accounting standards that closely follow IFRS, provides investors and regulators with an updated view of the bank’s balance sheet strength and profitability at the start of the year.
The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
Banco Santander Chile reported solid results for the twelve months ended December 31, 2025, with net income attributable to shareholders rising 22.8% year on year to Ch$1.053 billion and return on average equity improving to 23.5%. Operating income grew 10.2% on the back of a stronger net interest margin, higher fee income and financial transactions, while fourth-quarter 2025 net income edged up 3.2% quarter on quarter, marking a seventh straight quarter with ROAE above 20%.
The bank’s net interest margin recovered to 4.0% in 2025 as funding costs fell in line with lower monetary policy rates, and net interest income and readjustments rose 10.9%. Efficiency improved, with the cost ratio dropping to 36.0% despite higher technology and branch-transformation expenses, and net fees increased 8.9%, lifting the fee-to-expense recurrence ratio to 63.7% and underscoring the growing role of fee income in funding operations.
Total customers grew 6.9% year on year to about 4.6 million, with nearly 2.3 million digital users and a current account market share of 21.8% as of November 2025, helped by digitally opened dollar accounts and cross-selling via Getnet, particularly to SMEs. Capital strength remained solid, with the Common Equity Tier 1 ratio at 11.0% and the BIS ratio at 16.9% at year-end 2025, even after incorporating a provision for a 60% dividend payout, supporting both shareholder returns and future growth capacity.
The most recent analyst rating on (BSAC) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
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.
On February 2, 2026, Banco Santander-Chile announced that the administration of its shareholder registry has been transferred to DCV Registros S.A., a subsidiary of the Depósito Central de Valores (DCV), with immediate effect. The change, previously disclosed at the company’s most recent shareholders’ meeting and in a letter to shareholders, centralizes shareholder registry management with a specialized entity and is expected to streamline registry administration and access to information, as details are now available on both the bank’s and DCV Registros’ websites and through DCV’s customer service channels.
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.
On January 27, 2026, Banco Santander-Chile held an Extraordinary Shareholders’ Meeting at which shareholders approved an offer from Getnet Payments, S.L. to Banco Santander-Chile and its affiliate Santander Asesorías Financieras Limitada for the purchase of 49.99% of the shares of its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A., along with the agreed transaction conditions. The decision marks a significant step in reshaping the ownership structure of the bank’s payment-processing subsidiary, potentially affecting its strategic positioning in the Chilean payments market and the way it partners with specialized payment platforms within the broader Santander ecosystem.
The most recent analyst rating on (BSAC) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On January 27, 2026, Banco Santander-Chile’s board of directors approved minor adjustments to the bank’s Habituality Policy, as disclosed in a material fact filed with regulators on January 28, 2026. The updated policy, which governs standards and procedures for recurring or habitual transactions, is now publicly available through the bank’s corporate information website and at its Santiago headquarters, signaling ongoing refinement of its governance and compliance framework for stakeholders and regulators.
The most recent analyst rating on (BSAC) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
Banco Santander-Chile reported consolidated financial information as of December 31, 2025, filed with the U.S. Securities and Exchange Commission on January 15, 2026, showing total assets of CLP 68.1 trillion, driven mainly by CLP 39.6 trillion in net loans to customers and banks, CLP 9.8 trillion in financial instruments, and CLP 11.1 trillion in derivative contracts. On the funding side, the bank reported CLP 14.1 trillion in demand deposits, CLP 16.5 trillion in time deposits, and CLP 10.3 trillion in issued debt and regulatory capital instruments, with total equity of CLP 4.8 trillion, of which CLP 4.7 trillion was attributable to shareholders. For the period ended December 2025, the bank generated net interest income of CLP 2.02 trillion and net fee and commission income of CLP 596 billion, with total operating income of CLP 2.88 trillion; after provisions for loan losses of CLP 573 billion, support expenses of CLP 936 billion and other negative results, income before tax reached CLP 1.28 trillion and net income CLP 1.07 trillion, mostly attributable to equity holders of the bank. The figures indicate solid profitability and a sizeable balance sheet, underscoring Banco Santander-Chile’s strong competitive position and capital base within the Chilean banking sector, while providing investors and other stakeholders with an updated snapshot of asset quality, earnings generation and funding structure at year-end 2025.
The most recent analyst rating on (BSAC) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On January 13, 2026, Banco Santander-Chile filed a Form 6-K with the U.S. Securities and Exchange Commission, reporting consolidated financial information for the period ended December 31, 2025. The bank disclosed total assets of approximately MCh$68,095 million, underpinned by a loan book of about MCh$39,592 million and financial instruments of MCh$9,838 million, funded largely by demand and time deposits totaling roughly MCh$31,047 million and issued debt and regulatory capital instruments of MCh$10,370 million. For the 2025 period, the bank generated net interest income of MCh$2,017 million and net fee and commission income of MCh$596 million, contributing to total operating income of MCh$2,879 million; after provisioning MCh$573 million for loan losses, support expenses of MCh$936 million, and other negative results, income before tax reached MCh$1,278 million and net income was MCh$1,070 million, of which MCh$1,053 million was attributable to the bank’s equity holders. The results, signed off by the Chief Accounting Officer and Chief Executive Officer, highlight the bank’s continued profitability and solid capital base, with total equity of MCh$4,790 million as of year-end 2025, reinforcing its position in the Chilean banking sector and providing shareholders and creditors with an updated view of asset quality, earnings capacity, and balance sheet strength.
The most recent analyst rating on (BSAC) stock is a Sell with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On January 8, 2026, Banco Santander-Chile announced that it has issued a new international bond to strengthen its funding structure and support its banking operations. The bank placed a USD 500 million bond under Rule 144A and Regulation S of the U.S. Securities Exchange Act, with settlement scheduled for January 15, 2026, maturing on November 20, 2030, and carrying a 4.55% coupon and an issue rate of 4.558%, equivalent to a spread of 82 basis points over the five-year U.S. Treasury, underscoring its continued access to global capital markets and potentially reinforcing its liquidity and funding diversification for stakeholders.
The most recent analyst rating on (BSAC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On December 30, 2025, Banco Santander-Chile reported that, in connection with an extraordinary shareholders’ meeting convened for January 27, 2026, its board of directors has issued and published its formal decision regarding an offer from Getnet Payments, S.L. to acquire 49.99% of the shares of its payment-card operating subsidiary, Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. The directors’ statements on the proposed sale, made available at the bank’s offices and on its website for shareholder review, signal a potentially significant transaction in the bank’s payments and acquiring business, and set the stage for shareholders to determine whether to partially divest the Getnet Chile unit and reshape the group’s structure in the local payments market.
The most recent analyst rating on (BSAC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On December 23, 2025, Banco Santander Chile’s board resolved to call an extraordinary shareholders’ meeting for January 27, 2026 to consider an offer from Getnet Payments S.L. to acquire 49.99% of the shares in its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. for 68,000 million Chilean pesos, alongside a new service contract between the bank and the subsidiary valued in an estimated range of 55,465 to 79,999 million pesos, implying a total company valuation near 187,000 million pesos. The meeting, which replaces a previously postponed gathering originally convened for December 10, will give shareholders an opportunity to evaluate the proposed partial sale and service agreement supported by independent valuation reports from Deloitte Chile and Patricio Rojas y Asociados, a move that could reshape Santander Chile’s positioning in the payments segment and unlock value from its card-processing business.
The most recent analyst rating on (BSAC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
On December 17, 2025, Banco Santander-Chile reported that it issued a US dollar-denominated bond for USD 10 million under its Euro Medium Term Note (EMTN) program, with settlement scheduled for December 29, 2025. The bond, which matures on December 29, 2030 and was placed at a rate of SOFR plus 105 basis points, reflects the bank’s continued use of international capital markets to diversify its funding base and extend the duration of its liabilities, a move that may support long-term lending capacity and reinforce its position in Chile’s banking sector.
The most recent analyst rating on (BSAC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.
Banco Santander-Chile released its consolidated financial information for the period ending November 2025, highlighting a net income of 976,927 million Chilean pesos. The report indicates strong operational results with a total operating income of 2,626,880 million Chilean pesos, despite provisions for loan losses and support expenses. The financial position reflects a robust asset base of 68,013,755 million Chilean pesos, positioning the bank well in the Chilean market.
The most recent analyst rating on (BSAC) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Banco Santander Chile stock, see the BSAC Stock Forecast page.