BSAC

MKT CAP:$16B

Banco Santander-Chile

Market Cap

$16B

Financial Services·Banks - Regional· Chile·NYSE

Financials·Banks - Regional·NYSE

Stock Price

$34.21+$3.01 (+9.65%)

Apr 22, 2026

Company Details

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments...

CEO

Andrés Trautmann Buc

IPO Date

Oct 31, 1994

Website

banco.santander.cl

Key Metrics TTM

Revenue

$4.4B

-13.6% YoY

Net Income

$1.2B

EPS (Diluted)

$2.51

Free Cash Flow

$873M

Revenue / Share

$9.33

Gross Margin

70.5%

Operating Margin

33.6%

Net Margin

27.0%

FCF Margin

19.9%

P/S

3.6x

P/E

13.5x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Feb 27, 2026

$2.6B-53.0%EPS $2.52

Q4 2025

Feb 9, 2026

$644MEPS $0.61

Q3 2025

Nov 17, 2025

$1.2BEPS $0.59

Q2 2025

Aug 29, 2025

$1.3B-2.4%EPS $0.65

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$734M	$384M	$155M
Q1 17	$726M	$411M	$203M
Q2 17	$759M	$440M	$205M
Q1 18	$706M	$421M	$221M
Q2 18	$759M	$436M	$220M
Q3 18	$737M	$404M	$191M
Q1 19	$644M	$406M	$189M
Q2 19	$895M	$468M	$233M
Q3 19	$792M	$419M	$199M
Q2 22	$1.4B	$703M	$365M
Q2 23	$1.5B	$458M	$157M
Q2 24	$1.4B	$649M	$315M
Q1 25	$1.2B	$561M	$376M
Q2 25	$1.3B	$708M	$368M
Q3 25	$1.2B	$587M	$343M
Q4 25	$644M	$1.2B	$390M

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q1 17	—	—
Q2 17	5.5x	26.5x
Q1 18	5.5x	25.3x
Q2 18	5.4x	23.7x
Q3 18	5.4x	24.2x
Q1 19	5.6x	25.3x
Q2 19	5.3x	24.4x
Q3 19	5.2x	25.1x
Q2 22	4.3x	19.7x
Q2 23	3.5x	19.6x
Q2 24	3.1x	18.4x
Q1 25	2.9x	15.6x
Q2 25	2.9x	15.8x
Q3 25	3.1x	14.0x
Q4 25	3.6x	13.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	$1.4B	$1.4B
Q1 17	-$463M	-$475M
Q2 17	-$236M	-$253M
Q1 18	$171M	$162M
Q2 18	$215M	$197M
Q3 18	$538M	$506M
Q1 19	-$637M	-$645M
Q2 19	$843M	$825M
Q3 19	$265M	$243M
Q2 22	-$2.7B	-$2.7B
Q2 23	$8M	-$8M
Q2 24	$571M	$560M
Q1 25	-$213M	-$234M
Q2 25	$1.0B	$998M
Q3 25	$612M	$603M
Q4 25	-$411M	-$493M

Capital Expenditures

Quarter	CapEx
Q2 16	$21M
Q1 17	$12M
Q2 17	$18M
Q1 18	$10M
Q2 18	$18M
Q3 18	$32M
Q1 19	$8M
Q2 19	$18M
Q3 19	$21M
Q2 22	$5M
Q2 23	$16M
Q2 24	$10M
Q1 25	$21M
Q2 25	$13M
Q3 25	$10M
Q4 25	$81M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 18	+1.3%	-7.0%
Q2 18	+3.4%	-6.9%
Q3 18	+1.6%	+4.6%
Q1 19	-15.1%	-17.9%
Q2 19	+26.9%	+36.6%
Q3 19	+4.3%	+9.8%
Q2 22	+90.2%	+89.7%
Q2 23	+135.7%	+199.0%
Q2 24	+53.8%	+60.3%
Q1 25	+49.6%	+36.4%
Q2 25	-4.2%	-5.9%
Q3 25	-19.3%	-35.1%
Q4 25	-53.3%	-76.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$496M	67.5%
Q1 17	$588M	81.0%
Q2 17	$0	0.0%
Q1 18	-$156.4K	-0.0%
Q2 18	$505M	66.6%
Q3 18	$527M	71.5%
Q1 19	$466M	72.4%
Q2 19	$521M	58.2%
Q3 19	$0	0.0%
Q2 22	$0	0.0%
Q2 23	$0	0.0%
Q2 24	$0	0.0%
Q1 25	-$341.0K	-0.0%
Q2 25	$2M	0.2%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 16	$176M	$5M
Q1 17	$176M	$6M
Q2 17	$175M	$4M
Q1 18	$162M	$5M
Q2 18	$172M	—
Q3 18	$177M	$6M
Q1 19	$170M	$4M
Q2 19	$184M	$6M
Q3 19	$173M	$6M
Q2 22	$205M	$7M
Q2 23	$197M	$7M
Q2 24	$213M	$7M
Q1 25	$230M	—
Q2 25	$218M	$6M
Q3 25	$223M	—
Q4 25	$97M	$156M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$6.4B	$4.6B	$11.0B
Q2 22	$3.8B	$6.9B	$10.7B
Q3 22	$7.3B	$6.7B	$14.1B
Q4 22	$5.9B	$6.8B	$12.7B
Q1 23	$7.3B	$7.1B	$14.4B
Q2 23	$3.6B	$7.9B	$11.5B
Q3 23	$5.1B	$7.9B	$13.0B
Q4 23	$6.5B	$5.3B	$11.8B
Q1 24	$3.6B	$3.3B	$6.9B
Q2 24	$3.1B	$3.1B	$6.2B
Q3 24	$3.1B	$3.7B	$6.8B
Q4 24	$5.8B	$2.8B	$8.6B
Q1 25	$3.3B	$4.1B	$7.3B
Q2 25	$4.9B	$2.5B	$7.4B
Q3 25	$4.5B	$4.8B	$9.3B
Q4 25	$5.9B	$1.6B	$7.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	471M	0.0%	—
Q1 17	471M	0.0%	—
Q2 17	471M	0.0%	—
Q1 18	471M	0.0%	0.0%
Q2 18	471M	+0.0%	+0.0%
Q3 18	471M	-0.0%	-0.0%
Q1 19	471M	+0.0%	0.0%
Q2 19	471M	+0.0%	+0.0%
Q3 19	471M	-0.0%	-0.0%
Q2 22	471M	0.0%	+0.0%
Q2 23	471M	0.0%	0.0%
Q2 24	471M	0.0%	-0.0%
Q1 25	471M	0.0%	0.0%
Q2 25	471M	0.0%	0.0%
Q3 25	471M	0.0%	0.0%
Q4 25	471M	-0.0%	-0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$62.6K	12K
Q1 17	$63.9K	11K
Q2 17	$66.8K	11K
Q1 18	$63.8K	11K
Q2 18	$68.6K	11K
Q3 18	$66.6K	11K
Q1 19	$57.0K	11K
Q2 19	$79.2K	11K
Q3 19	$70.0K	11K
Q2 22	$140.4K	10K
Q2 23	$161.6K	9K
Q2 24	$149.2K	9K
Q1 25	$135.3K	9K
Q2 25	$153.4K	9K
Q3 25	$139.9K	9K
Q4 25	$75.5K	9K

Revenue / Employee