Banco Santander Chile (BSAC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Banco Santander Chile reported a robust financial performance in the third quarter of 2024, with net income attributable to shareholders rising by 11.7% from the previous quarter, driven by increased operating income and a stronger net interest margin. The bank’s digital and SME services, particularly through Getnet, continue to expand, contributing to a significant growth in current accounts and customer satisfaction. Additionally, Santander Chile maintains strong capital levels, with a BIS ratio of 17.2% and a CET1 ratio of 10.7%, while topping the net promoter score among its peers.
For further insights into BSAC stock, check out TipRanks’ Stock Analysis page.