Banco Santander Chile ADR
BSAC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.D! | LOCK|gX?^Z | LOCK|pG@^<Y! |
Banco Santander Chile Earnings: Weak Revenue as Commercial Lending Remains Pressured
Banco Santander Chile reported soft third-quarter results, with net revenue shrinking 1.5% from last year and net income falling 4.2% to CLP 237.1 billion. Profitability was also muted, with a 19.1% return on average equity, below the bank’s full-year target of 24% or higher.
