Banco Santander-Chile
Market Cap
CL$6.9t
Last Updated
2020/02/26 18:02 UTC
Data Sources
Company Financials +
Executive Summary
Banco Santander-Chile provides commercial and retail banking products and services in Chile.
Snowflake Analysis
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Banco Santander-Chile's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSANTANDER's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.3%
BSANTANDER
-2.4%
CL Banks
-3.0%
CL Market
1 Year Return
-30.2%
BSANTANDER
-27.7%
CL Banks
-21.0%
CL Market
Return vs Industry: BSANTANDER underperformed the CL Banks industry which returned -27.6% over the past year.
Return vs Market: BSANTANDER underperformed the CL Market which returned -21.3% over the past year.
Shareholder returns
| BSANTANDER | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.3% | -2.4% | -3.0% |
| 30 Day | -9.5% | -4.7% | -4.4% |
| 90 Day | -15.7% | -9.8% | -4.0% |
| 1 Year | -27.5%-30.2% | -25.6%-27.7% | -18.3%-21.0% |
| 3 Year | 13.0%-0.3% | 15.6%4.7% | 1.3%-7.6% |
| 5 Year | 45.0%15.0% | 56.8%27.8% | 15.8%-9.1% |
Price Volatility Vs. Market
How volatile is Banco Santander-Chile's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
If You Had Bought Banco Santander-Chile (SNSE:BSANTANDER) Stock Five Years Ago, You Could Pocket A 38% Gain Today2 months ago | Simply Wall St
Does Banco Santander-Chile's (SNSE:BSANTANDER) P/E Ratio Signal A Buying Opportunity?Valuation
Is Banco Santander-Chile undervalued compared to its fair value and its price relative to the market?
12.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BSANTANDER (CLP36.77) is trading above our estimate of fair value (CLP26.53)
Significantly Below Fair Value: BSANTANDER is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BSANTANDER is good value based on its PE Ratio (12.6x) compared to the Banks industry average (12.8x).
PE vs Market: BSANTANDER is poor value based on its PE Ratio (12.6x) compared to the CL market (12x).
Price to Earnings Growth Ratio
PEG Ratio: BSANTANDER is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BSANTANDER is overvalued based on its PB Ratio (2x) compared to the CL Banks industry average (1.4x).
Next Steps
Future Growth
How is Banco Santander-Chile forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
9.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSANTANDER's forecast earnings growth (9.5% per year) is above the savings rate (7.5%).
Earnings vs Market: BSANTANDER's earnings (9.5% per year) are forecast to grow slower than the CL market (13.2% per year).
High Growth Earnings: BSANTANDER's earnings are forecast to grow, but not significantly.
Revenue vs Market: BSANTANDER's revenue (14.5% per year) is forecast to grow faster than the CL market (5.5% per year).
High Growth Revenue: BSANTANDER's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSANTANDER's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has Banco Santander-Chile performed over the past 5 years?
4.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSANTANDER has high quality earnings.
Growing Profit Margin: BSANTANDER's current net profit margins (36.3%) are lower than last year (39.6%).
Past Earnings Growth Analysis
Earnings Trend: BSANTANDER's earnings have grown by 4.2% per year over the past 5 years.
Accelerating Growth: BSANTANDER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSANTANDER had negative earnings growth (-7.5%) over the past year, making it difficult to compare to the Banks industry average (6.2%).
Return on Equity
High ROE: BSANTANDER's Return on Equity (15.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Banco Santander-Chile's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: BSANTANDER has a low level of unsold assets or inventory.
Debt Coverage by Assets: BSANTANDER's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: BSANTANDER's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BSANTANDER has a sufficient allowance for bad loans.
Low Risk Liabilities: BSANTANDER's liabilities are made up of primarily higher risk sources of funding.
Loan Level: BSANTANDER has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BSANTANDER has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: BSANTANDER has a high level of bad loans (2.05%)
Next Steps
Dividend
What is Banco Santander-Chile's current dividend yield, its reliability and sustainability?
5.13%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BSANTANDER's dividend (5.13%) is higher than the bottom 25% of dividend payers in the CL market (2.45%).
High Dividend: BSANTANDER's dividend (5.13%) is low compared to the top 25% of dividend payers in the CL market (5.98%).
Stability and Growth of Payments
Stable Dividend: BSANTANDER's dividends per share have been stable in the past 10 years.
Growing Dividend: BSANTANDER's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.5%), BSANTANDER's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSANTANDER's dividends in 3 years are forecast to be covered by earnings (59.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Miguel Mata Huerta 0
1.9yrs
Tenure
Mr. Miguel Mata Huerta has been the Chief Executive Officer of Banco Santander-Chile since March 1, 2018, and serves as its General Manager. Mr. Huerta served as Deputy General Manager at Banco Santander-C ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.9yrs | no data | no data | |
| CEO & GM | 1.9yrs | no data | no data | |
| President | 0yrs | no data | no data | |
| Chief Financial Officer | 3.8yrs | no data | no data | |
| Director of Technology & Operations | 5.3yrs | no data | no data | |
| Chief Accounting officer | 11.3yrs | no data | no data | |
| Director of Administration & Costs | 4.9yrs | no data | no data | |
| Manager of Investor Relations | 0yrs | no data | no data | |
| General Counsel | 7.4yrs | no data | no data | |
| Corporate Communications & Sustainability Manager | 0yrs | no data | no data |
4.9yrs
Average Tenure
Experienced Management: BSANTANDER's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.9yrs | no data | no data | |
| Corporate Legal Director of the Group & Director | 7.6yrs | no data | no data | |
| Alternate Director | 0yrs | no data | no data | |
| Director | 0.9yrs | no data | no data | |
| Director | 16.5yrs | no data | no data | |
| Second Vice President of the Board | 1.9yrs | no data | no data | |
| First Vice President of the Board | 1.6yrs | no data | no data | |
| Director | 4.9yrs | no data | no data | |
| Independent Director | 1.9yrs | no data | no data | |
| Independent Director | 0yrs | no data | no data |
1.9yrs
Average Tenure
66yo
Average Age
Experienced Board: BSANTANDER's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Banco Santander-Chile's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Banco Santander-Chile
- Ticker: BSANTANDER
- Exchange: SNSE
- Founded: 1977
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CL$6.929t
- Shares outstanding: 188.45b
- Website: https://www.santander.cl
Number of Employees
Location
- Banco Santander-Chile
- Bandera 140
- 20th Floor
- Santiago
- Region Metropolitana (Santiago)
- Chile
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BSAC | NYSE (New York Stock Exchange) | ADR-EACH REPR 400 COM NPV | US | USD | Jan 1997 | |
| BSA | DB (Deutsche Boerse AG) | ADR-EACH REPR 400 COM NPV | DE | EUR | Jan 1997 | |
| BSANTANDER | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | CLP | Jun 1997 |
Biography
Banco Santander-Chile provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Global Corporate Banking segments. The company offers checking accounts and savings products; consumer, auto, commercial, mortgage, and government-guaranteed loans; credit and debit cards; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines. It also provides mutual funds, insurance and stock brokerage, foreign exchange, leasing, factoring, financial consulting, investment management, foreign trade and mortgage financing, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, brokerage services, derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. The company operates 380 branches, which include 266 under the Santander brand name, 46 under the Select brand name, 7 specialized branches for the middle market, and 21 as auxiliary and payment centers, as well as 910 ATMs. Banco Santander-Chile was founded in 1977 and is headquartered in Santiago, Chile.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/26 18:02 |
| End of Day Share Price | 2020/02/25 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.