Banco Santander-Chile posts 4Q profit

Banco Santander-Chile posts fourth-quarter profit of $163.1 million

SANTIAGO, Chile (AP) _ Banco Santander-Chile (BSAC) on Tuesday reported fourth-quarter profit of $163.1 million.

The Santiago, Chile-based bank said it had earnings of 35 cents per share.

The financial holding company posted revenue of $948.2 million in the period. Its adjusted revenue was $633.3 million.

For the year, the company reported profit of $709.2 million, or $1.51 per share. Revenue was reported as $2.54 billion.

Banco Santander-Chile shares have fallen 1 percent since the beginning of the year. The stock has increased 28 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSAC at https://www.zacks.com/ap/BSAC

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Keywords: Banco Santander-Chile, Earnings Report

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