Banco Santander-Chile
Market Cap
US$10.8b
Last Updated
2021/02/27 00:23 UTC
Data Sources
Company Financials +
Executive Summary
Banco Santander-Chile provides commercial and retail banking products and services in Chile. More Details
Rewards
Risk Analysis
No risks detected for BSAC from our risk checks.
Snowflake Analysis
6 star 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: BSAC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BSAC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-6.3%
BSAC
-0.2%
US Banks
-4.6%
US Market
1 Year Return
25.0%
BSAC
19.8%
US Banks
38.5%
US Market
Return vs Industry: BSAC exceeded the US Banks industry which returned 19.8% over the past year.
Return vs Market: BSAC underperformed the US Market which returned 38.5% over the past year.
Shareholder returns
| BSAC | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.3% | -0.2% | -4.6% |
| 30 Day | 12.2% | 15.4% | 0.6% |
| 90 Day | 27.3% | 22.3% | 1.9% |
| 1 Year | 30.2%25.0% | 24.2%19.8% | 41.5%38.5% |
| 3 Year | -23.0%-30.4% | 11.6%2.0% | 56.7%46.7% |
| 5 Year | 50.5%22.2% | 91.3%67.0% | 123.5%98.6% |
Long-Term 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
No news available
Valuation
Is Banco Santander-Chile undervalued compared to its fair value and its price relative to the market?
15.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BSAC ($22.59) is trading above our estimate of fair value ($20.47)
Significantly Below Fair Value: BSAC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BSAC is poor value based on its PE Ratio (15.1x) compared to the US Banks industry average (12.5x).
PE vs Market: BSAC is good value based on its PE Ratio (15.1x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: BSAC is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BSAC is overvalued based on its PB Ratio (2.2x) compared to the US Banks industry average (1x).
Next Steps
Future Growth
How is Banco Santander-Chile forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
11.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSAC's forecast earnings growth (11.6% per year) is above the savings rate (2%).
Earnings vs Market: BSAC's earnings (11.6% per year) are forecast to grow slower than the US market (20.3% per year).
High Growth Earnings: BSAC's earnings are forecast to grow, but not significantly.
Revenue vs Market: BSAC's revenue (17.2% per year) is forecast to grow faster than the US market (10.4% per year).
High Growth Revenue: BSAC's revenue (17.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSAC's Return on Equity is forecast to be low in 3 years time (18.1%).
Next Steps
Past Performance
How has Banco Santander-Chile performed over the past 5 years?
2.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSAC has high quality earnings.
Growing Profit Margin: BSAC's current net profit margins (34.2%) are lower than last year (36.5%).
Past Earnings Growth Analysis
Earnings Trend: BSAC's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: BSAC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSAC had negative earnings growth (-6%) over the past year, making it difficult to compare to the Banks industry average (0.6%).
Return on Equity
High ROE: BSAC's Return on Equity (14.3%) 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: BSAC's Assets to Equity ratio (15.3x) is moderate.
Allowance for Bad Loans: BSAC has a sufficient allowance for bad loans (201%).
Low Risk Liabilities: 52% of BSAC's liabilities are made up of primarily higher risk sources of funding.
Loan Level: BSAC has an appropriate level of Loans to Assets ratio (60%).
Low Risk Deposits: BSAC's Loans to Deposits ratio (133%) is high.
Level of Bad Loans: BSAC has an appropriate level of bad loans (1.4%).
Next Steps
Dividend
What is Banco Santander-Chile current dividend yield, its reliability and sustainability?
4.25%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSAC's dividend (4.25%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: BSAC's dividend (4.25%) is in the top 25% of dividend payers in the US market (3.76%)
Stability and Growth of Payments
Stable Dividend: BSAC's dividends per share have been stable in the past 10 years.
Growing Dividend: BSAC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64%), BSAC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BSAC's dividends in 3 years are forecast to be well covered by earnings (27% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Miguel Mata Huerta
2.92yrs
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 & President | 2.92yrs | no data | no data | |
| CEO & GM | 2.92yrs | no data | no data | |
| Chief Financial Officer | 4.83yrs | no data | no data | |
| Director of Technology & Operations | 6.33yrs | no data | no data | |
| Chief Accounting Officer | 1.75yrs | no data | no data | |
| Director of Administration & Costs | 5.92yrs | no data | no data | |
| Manager of Investor Relations | no data | no data | no data | |
| General Counsel | 8.42yrs | no data | no data | |
| Corporate Communications & Sustainability Manager | no data | no data | no data | |
| Director of Human Resources | 5.67yrs | no data | no data | |
| Chief Economist | 3.58yrs | no data | no data | |
| Head of Sustainability | no data | no data | no data |
5.3yrs
Average Tenure
Experienced Management: BSAC's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & President | 2.92yrs | no data | no data | |
| Corporate Legal Director of the Group & Director | 8.58yrs | no data | no data | |
| Alternate Director | no data | no data | no data | |
| Director | 1.92yrs | no data | no data | |
| Director | 17.5yrs | no data | no data | |
| Independent Second Vice President of the Board | 2.92yrs | no data | no data | |
| Independent First Vice President of the Board | 2.58yrs | no data | no data | |
| Alternate Director | 5.83yrs | no data | no data | |
| Director | 5.92yrs | no data | no data | |
| Independent Director | 2.92yrs | no data | no data | |
| Independent Director | no data | no data | no data |
2.9yrs
Average Tenure
67yo
Average Age
Experienced Board: BSAC's board of directors are not considered experienced ( 2.9 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: BSAC
- Exchange: NYSE
- Founded: 1977
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: CL$7.802t
- Listing Market Cap: CL$10.755b
- 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) | SP ADR REP COM | US | USD | Jan 1997 | |
| BSA | DB (Deutsche Boerse AG) | SP ADR REP COM | 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 Corporate Investment Banking segments. The company offers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 00:23 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.