NYSE:BSAC

Stock Analysis Report

Banco Santander-Chile

Executive Summary

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

Snowflake

Fundamentals

Excellent balance sheet established dividend payer.


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


Market Performance


7 Day Return

-2.4%

NYSE:BSAC

-1.9%

US Banks

-1.9%

US Market


1 Year Return

-9.9%

NYSE:BSAC

-16.1%

US Banks

-3.3%

US Market

BSAC outperformed the Banks industry which returned -16.1% over the past year.

BSAC underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

BSACIndustryMarket
7 Day-2.4%-1.9%-1.9%
30 Day-6.4%-11.1%-6.2%
90 Day-0.6%-4.9%0.3%
1 Year-7.4%-9.9%-13.7%-16.1%-1.1%-3.3%
3 Year46.9%29.8%37.8%28.4%37.9%28.9%
5 Year43.7%16.6%49.3%33.2%50.8%34.1%

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

No news available

Valuation

Is Banco Santander-Chile undervalued based on future cash flows and its price relative to the stock market?

16.06x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Banco Santander-Chile's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Banco Santander-Chile's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Banco Santander-Chile is overvalued based on earnings compared to the US Banks industry average.

Banco Santander-Chile is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Banco Santander-Chile is poor value based on expected growth next year.


Price Based on Value of Assets

Banco Santander-Chile is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Banco Santander-Chile expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

9.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Banco Santander-Chile's revenue is expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).

Banco Santander-Chile's earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).

Banco Santander-Chile's revenue growth is expected to exceed the United States of America market average.

Banco Santander-Chile's earnings growth is positive but not above the United States of America market average.

Banco Santander-Chile's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Banco Santander-Chile is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Banco Santander-Chile performed over the past 5 years?

2.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Banco Santander-Chile's year on year earnings growth rate has been positive over the past 5 years.

Banco Santander-Chile's 1-year earnings growth is equal to the 5-year average.

Banco Santander-Chile's earnings growth has not exceeded the US Banks industry average in the past year (2.3% vs 33.1%).


Return on Equity

Banco Santander-Chile has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Banco Santander-Chile used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Banco Santander-Chile improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


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

Information is not available.

Information is not available.


Financial Institutions Analysis

Banco Santander-Chile has an acceptable proportion of non-loan assets held.

Banco Santander-Chile has a sufficient allowance for bad loans.

Banco Santander-Chile's liabilities are made up of primarily low risk sources of funding.

Banco Santander-Chile's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Banco Santander-Chile has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Banco Santander-Chile has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

4.10%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Banco Santander-Chile's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Banco Santander-Chile's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.8x coverage).


Next Steps

Management

What is the CEO of Banco Santander-Chile's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Miguel Mata Huerta 0

1.4yrs

Tenure

0

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 ...


Management Age and Tenure

4.4yrs

Average Tenure

The tenure for the Banco Santander-Chile management team is about average.


Board Age and Tenure

1.4yrs

Average Tenure

66yo

Average Age

The average tenure for the Banco Santander-Chile board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Miguel Mata Huerta

    CEO & GM

    • Tenure: 1.4yrs
  • Ricardo Jeffery (54yo)

    Director of Technology & Operations

    • Tenure: 4.8yrs
  • Felipe Contreras Fajardo

    Chief Accounting officer

    • Tenure: 10.8yrs
  • Claudio Melandri Hinojosa

    Executive Chairman

    • Tenure: 1.4yrs
  • Emiliano Muratore

    Chief Financial Officer

    • Tenure: 3.3yrs
  • Cristian Kauer

    General Counsel

    • Tenure: 6.9yrs
  • Sergio Ávila Salas

    Director of Administration & Costs

    • Tenure: 4.4yrs
  • Robert Moreno Heimlich

    Manager of Investor Relations

    • Tenure: 0.0yrs
  • Ana Botin

    President

    • Tenure: 0.0yrs
  • Roberto Sapag

    Corporate Communications & Sustainability Manager

    • Tenure: 0.0yrs

Board Members

  • Oscar von Chrismar Carvajal (66yo)

    Alternate Director

    • Tenure: 0.0yrs
  • Juan Pedro Santa Maria Perez

    Corporate Legal Director of the Group & Director

    • Tenure: 7.1yrs
  • Rodrigo Echenique Gordillo (73yo)

    Director

    • Tenure: 0.4yrs
  • Lucía Santa Cruz Sutil

    Director

    • Tenure: 16.0yrs
  • Claudio Melandri Hinojosa

    Executive Chairman

    • Tenure: 1.4yrs
  • Orlando Poblete Iturrate

    Second Vice President of the Board

    • Tenure: 1.4yrs
  • Rodrigo Vergara Montes (57yo)

    First Vice President of the Board

    • Tenure: 1.1yrs
  • Ana Dorrego de Carlos

    Director

    • Tenure: 4.4yrs
  • Alfonso Gómez Morales

    Independent Director

    • Tenure: 1.4yrs
  • Félix de Vicente Mingo

    Independent Director

    • Tenure: 0.0yrs

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$9.422t
  • Listing Market Cap: CL$13.155b
  • 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 Global Corporate Banking segments. The company offers che ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 23:33
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.