Banco Santander Chile ADR
BSAC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.k | LOCK|m^B>> | LOCK|rL&$$?& |
Banco Santander Chile Earnings: Higher Net Interest Income and Fee Revenue Drive Higher Earnings
Banco Santander Chile reported strong second-quarter results as the bank benefited from material net interest margin expansion. While net revenue decreased 12.6% to CLP 736.1 billion, net income rose 25.2% to CLP 272.6 billion. These results translate to a return on average equity of 24.5%.
