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: 8,861
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
15% more funds holding
Funds holding: 102 [Q2] → 117 (+15) [Q3]
4% more capital invested
Capital invested by funds: $584M [Q2] → $607M (+$23.6M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0% less ownership
Funds ownership: 0.02% [Q2] → 0.02% (-0%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 37
93% less call options, than puts
Call options by funds: $17K | Put options by funds: $233K
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 100% 1-year accuracy 1 / 1 met price target | 11%upside $21 | Neutral Downgraded | 16 Dec 2024 |
Financial journalist opinion
