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Last Updated

2021/05/09 23:57 UTC

Data Sources

Company Financials

Executive Summary

Scotiabank Chile, S.A. provides banking products and services in Chile. More Details

Snowflake Analysis

Proven track record second-rate dividend payer.

Similar Companies

Share Price & News

How has Scotiabank Chile's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: SCOTIABKCL is less volatile than 75% of CL stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: SCOTIABKCL's weekly volatility (0%) has been stable over the past year.

Market Performance

7 Day Return




CL Banks


CL Market

1 Year Return




CL Banks


CL Market

Return vs Industry: SCOTIABKCL underperformed the CL Banks industry which returned 13.8% over the past year.

Return vs Market: SCOTIABKCL underperformed the CL Market which returned 12.4% over the past year.

Shareholder returns

7 Day0%3.4%2.3%
30 Day0%-7.9%-6.8%
90 Day-1.4%3.8%2.8%
1 Year1.5%-1.2%17.8%13.8%17.4%12.4%
3 Year26.0%12.0%-12.1%-21.5%-16.8%-25.2%
5 Year228.3%167.7%47.9%24.0%15.6%-3.5%

Long-Term Price Volatility Vs. Market

How volatile is Scotiabank Chile's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Scotiabank Chile undervalued compared to its fair value and its price relative to the market?


Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: SCOTIABKCL (CLP335.97) is trading above our estimate of fair value (CLP60.65)

Significantly Below Fair Value: SCOTIABKCL is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: SCOTIABKCL is poor value based on its PE Ratio (14.9x) compared to the CL Banks industry average (14.5x).

PE vs Market: SCOTIABKCL is poor value based on its PE Ratio (14.9x) compared to the CL market (14.5x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCOTIABKCL's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: SCOTIABKCL is overvalued based on its PB Ratio (1.7x) compared to the CL Banks industry average (1.3x).

Future Growth

How is Scotiabank Chile forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Scotiabank Chile has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Scotiabank Chile performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SCOTIABKCL has high quality earnings.

Growing Profit Margin: SCOTIABKCL's current net profit margins (29.3%) are higher than last year (25.8%).

Past Earnings Growth Analysis

Earnings Trend: SCOTIABKCL's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: SCOTIABKCL's earnings growth over the past year (8.2%) is below its 5-year average (26.6% per year).

Earnings vs Industry: SCOTIABKCL earnings growth over the past year (8.2%) exceeded the Banks industry -15.4%.

Return on Equity

High ROE: SCOTIABKCL's Return on Equity (11.4%) is considered low.

Financial Health

How is Scotiabank 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: SCOTIABKCL's Assets to Equity ratio (14.7x) is moderate.

Allowance for Bad Loans: SCOTIABKCL has a low allowance for bad loans (51%).

Low Risk Liabilities: 57% of SCOTIABKCL's liabilities are made up of primarily higher risk sources of funding.

Loan Level: SCOTIABKCL has an appropriate level of Loans to Assets ratio (68%).

Low Risk Deposits: SCOTIABKCL's Loans to Deposits ratio (168%) is high.

Level of Bad Loans: SCOTIABKCL has a high level of bad loans (3.9%).


What is Scotiabank Chile current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SCOTIABKCL's dividend (2.53%) is higher than the bottom 25% of dividend payers in the CL market (1.77%).

High Dividend: SCOTIABKCL's dividend (2.53%) is low compared to the top 25% of dividend payers in the CL market (5.38%).

Stability and Growth of Payments

Stable Dividend: SCOTIABKCL's dividend payments have been volatile in the past 10 years.

Growing Dividend: SCOTIABKCL's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (37.9%), SCOTIABKCL's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


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


Average management tenure


Francisco Javier Sardon de Taboada

no data


Mr. Francisco Javier Sardon de Taboada is Executive Vice President and Country Head of Chile at Bank of Nova Scotia since November 2017. He has been the Chief Executive Officer of Scotiabank Chile. He is a...

Leadership Team

Experienced Management: SCOTIABKCL's management team is considered experienced (3.3 years average tenure).

Board Members

Experienced Board: SCOTIABKCL's board of directors are considered experienced (3.3 years average tenure).


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

Scotiabank Chile, S.A.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Scotiabank Chile, S.A.
  • Ticker: SCOTIABKCL
  • Exchange: SNSE
  • Founded: 1990
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: CL$4.114t
  • Shares outstanding: 12.24b
  • Website:

Number of Employees


  • Scotiabank Chile, S.A.
  • Avenida Costanera Sur n ° 2710
  • Torre A
  • Santiago
  • Region Metropolitana (Santiago)
  • Chile



Scotiabank Chile, S.A. provides banking products and services in Chile. Its deposit products include current, checking, and daily rent accounts; term deposits; and voluntary pension saving products. The co...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 23:57
End of Day Share Price2021/05/07 00:00
Annual Earnings2020/12/31

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.