Banco Santander ChileBSAC
About: Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.
Employees: 9,229
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0% less ownership
Funds ownership: 0.02% [Q3] → 0.01% (-0%) [Q4]
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
2% less funds holding
Funds holding: 117 [Q3] → 115 (-2) [Q4]
26% less capital invested
Capital invested by funds: $607M [Q3] → $448M (-$160M) [Q4]
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $211K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B of A Securities Ernesto Gabilondo 0% 1-year accuracy 0 / 1 met price target | 7%downside $21 | Neutral Downgraded | 16 Dec 2024 |
Financial journalist opinion
