SNSE:BSANTANDER

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Banco Santander-Chile

Executive Summary

Banco Santander-Chile provides commercial and retail banking products and services in Chile. More Details


Snowflake Analysis

Established dividend payer with adequate 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.5%

BSANTANDER

7.5%

CL Banks

3.4%

CL Market


1 Year Return

-37.4%

BSANTANDER

-32.6%

CL Banks

-23.7%

CL Market

Return vs Industry: BSANTANDER underperformed the CL Banks industry which returned -32.8% over the past year.

Return vs Market: BSANTANDER underperformed the CL Market which returned -23.7% over the past year.


Shareholder returns

BSANTANDERIndustryMarket
7 Day11.5%7.5%3.4%
30 Day12.6%7.8%3.1%
90 Day-8.0%-6.3%-6.9%
1 Year-35.7%-37.4%-29.8%-32.6%-20.5%-23.7%
3 Year-32.6%-39.5%-18.4%-26.8%-26.5%-34.0%
5 Year15.0%-6.5%35.7%11.5%5.0%-18.4%

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

Valuation

Is Banco Santander-Chile undervalued compared to its fair value and its price relative to the market?

11.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BSANTANDER (CLP30.66) is trading above our estimate of fair value (CLP12.74)

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 (11.9x) compared to the CL Banks industry average (12x).

PE vs Market: BSANTANDER is good value based on its PE Ratio (11.9x) compared to the CL market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: BSANTANDER is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BSANTANDER is overvalued based on its PB Ratio (1.6x) compared to the CL Banks industry average (1.2x).


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?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BSANTANDER's forecast earnings growth (20.8% per year) is above the savings rate (8.2%).

Earnings vs Market: BSANTANDER's earnings (20.8% per year) are forecast to grow slower than the CL market (30.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BSANTANDER's revenue (9% per year) is forecast to grow faster than the CL market (6.6% per year).

High Growth Revenue: BSANTANDER's revenue (9% 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 (14.7%).


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 a high level of non-cash earnings.

Growing Profit Margin: BSANTANDER's current net profit margins (33.4%) are lower than last year (37.7%).


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 (-16.4%) over the past year, making it difficult to compare to the Banks industry average (-11.3%).


Return on Equity

High ROE: BSANTANDER's Return on Equity (13.2%) is considered low.


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


Financial Institutions Analysis

Asset Level: BSANTANDER's Assets to Equity ratio (16.5x) is moderate.

Allowance for Bad Loans: BSANTANDER has a sufficient allowance for bad loans (147%).

Low Risk Liabilities: 56% of BSANTANDER's liabilities are made up of primarily higher risk sources of funding.

Loan Level: BSANTANDER has an appropriate level of Loans to Assets ratio (56%).

Low Risk Deposits: BSANTANDER's Loans to Deposits ratio (137%) is high.

Level of Bad Loans: BSANTANDER has an appropriate level of bad loans (1.9%).


Next Steps

Dividend

What is Banco Santander-Chile current dividend yield, its reliability and sustainability?

5.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BSANTANDER's dividend (5.73%) is higher than the bottom 25% of dividend payers in the CL market (2.44%).

High Dividend: BSANTANDER's dividend (5.73%) is low compared to the top 25% of dividend payers in the CL market (6.06%).


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 (68.4%), 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 well covered by earnings (44.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Miguel Mata Huerta

2.58yrs

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

NamePositionTenureCompensationOwnership
Claudio Melandri Hinojosa
Executive Chairman2.58yrsno datano data
Miguel Mata Huerta
CEO & GM2.58yrsno datano data
Ana Botin
Presidentno datano datano data
Emiliano Muratore
Chief Financial Officer4.5yrsno datano data
Ricardo Jeffery
Director of Technology & Operations6yrsno datano data
Jonathan Hernandez
Chief Accounting Officer1.42yrsno datano data
Sergio Ávila Salas
Director of Administration & Costs5.58yrsno datano data
Robert Moreno Heimlich
Manager of Investor Relationsno datano datano data
Cristian Kauer
General Counsel8.08yrsno datano data
Roberto Sapag
Corporate Communications & Sustainability Managerno datano datano data
María Eugenia de la Fuente Núñez
Director of Human Resources5.33yrsno datano data
Claudio Soto
Chief Economist3.25yrsno datano data

4.5yrs

Average Tenure

Experienced Management: BSANTANDER's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Claudio Melandri Hinojosa
Executive Chairman2.58yrsno datano data
Juan Pedro Santa Maria Perez
Corporate Legal Director of the Group & Director8.25yrsno datano data
Oscar von Chrismar Carvajal
Alternate Directorno datano datano data
Rodrigo Echenique Gordillo
Director1.58yrsno datano data
Lucía Santa Cruz Sutil
Director17.17yrsno datano data
Orlando Poblete Iturrate
Independent Second Vice President of the Board2.58yrsno datano data
Rodrigo Vergara Montes
Independent First Vice President of the Board2.25yrsno datano data
Blanca Bustamante Bravo
Alternate Director5.5yrsno datano data
Ana Dorrego de Carlos
Director5.58yrsno datano data
Alfonso Gómez Morales
Independent Director2.58yrsno datano data
Félix de Vicente Mingo
Independent Directorno datano datano data

2.6yrs

Average Tenure

67yo

Average Age

Experienced Board: BSANTANDER's board of directors are not considered experienced ( 2.6 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$5.778t
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BSACNYSE (New York Stock Exchange)ADR-EACH REPR 400 COM NPVUSUSDJan 1997
BSADB (Deutsche Boerse AG)ADR-EACH REPR 400 COM NPVDEEURJan 1997
BSANTANDERSNSE (Santiago Stock Exchange)YesCommon StockCLCLPJun 1997

Biography

Banco Santander-Chile provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Corporate Investment Banking segments. The company offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/26 18:15
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.