17.00 0.00 (0.00%)
After hours: 4:15PM EDT
Triple Moving Average Crossover
|Bid||16.90 x 1100|
|Ask||16.92 x 800|
|Day's Range||16.67 - 17.19|
|52 Week Range||11.43 - 30.47|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||8.50|
|Forward Dividend & Yield||0.42 (2.54%)|
|Ex-Dividend Date||Apr 24, 2020|
|1y Target Est||21.32|
SANTIAGO, Chile, April 30, 2020 -- Santander Chile had its Annual Shareholder’s Meeting today, held remotely to minimize physical contact due to the COVID-19 spread. Among the.
SANTIAGO, Chile, April 29, 2020 -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited results1 for the three month period ended March 31, 2020.
Shares of Banco Santander (NYSE:BSBR) rose 13% after the company reported Q1 results.Quarterly Results Earnings per share fell 8.33% year over year to $0.11.Revenue of $2,585,000,000 lower by 26.44% year over year.Outlook Banco Santander hasn't issued any earnings guidance for the time being.View more earnings on BSBRRevenue guidance hasn't been issued by the company for now.Price Action Company's 52-week high was at $12.85Company's 52-week low was at $4.00Price action over last quarter: down 52.33%Company Profile Banco Santander (Brasil) SA is part of Santander Group, a Spanish bank present also in Brazil, Mexico, Argentina, and Chile. The bank's operations are divided into two major divisions: commercial banking, which includes retail activities, such as personal and small and medium enterprises; and wholesale, focused on large companies and operations in the capital market. The bank has commercial, investment, credit, and financing operations and also exchange, mortgage lending, leasing, credit cards, and securities brokerage. Its operations are in Brazil and internationally.See more from Benzinga * Morning Market Stats in 5 Minutes * Stocks That Hit 52-Week Lows On Friday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Banking giant Santander's quarterly net profit dived by 82% as it set aside 1.6 billion euros ($1.7 billion) to cover expected loan losses caused by the COVID-19 pandemic. The euro zone's second-largest bank by market value, after BNP Paribas, reported a net profit of 331 million euros for the first quarter that ended in March. Excluding extraordinary provisions, which also included 46 million euros of restructuring costs in Europe, Santander's underlying quarterly profit rose 1% to 1.98 billion euros.
Santander <SAN.MC> on Thursday launched a money service app in the United Kingdom that will initially be free of fees for transfers of up to 3,000 pounds ($3,740) due to the coronavirus pandemic as lenders try to fend off competition from start-ups in the payments industry. Santander said its completely owned PagoFX, a low-cost international money transfer service, would be available via a mobile app and allow UK residents with a debit card issued by any UK bank or financial entity to send money abroad from their smartphone with low costs and using real-time foreign exchange rates. Banks, which are already struggling to lift earnings due to low interest rates, face rising competition from tech start-ups like technology platform PayPal <PYPO.L> and the likes of London-based TransferWise that offer foreign exchange payments to retail and small-business customers with lower fees.
Reportedly written by the bank's head of innovation, the missive warned that a large chunk of the Spanish incumbent's profits were at risk -- specifically, those generated via international money transfers – because of the growing success of fintech challengers, such as London-headquartered TransferWise. Fast-forward three years, and today Santander is launching a standalone money transfer app, presumably in a bid to avoid the trappings of innovator's dilemma. The new proposition is open to Santander and non-Santander customers and has been developed by a team working largely outside of the bank -- a startup within a multi-national corporation, if you will -- and has grown to around 50 team members working across Madrid, London, and Brussels.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Banco Santander-Chile and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
Moody's Investors Service ("Moody's") has today changed to negative, from stable, the outlook on the ratings of Banco de Chile, Banco Santander-Chile (Santander), Banco del Estado de Chile (Banco Estado) and Itaú CorpBanca (Itaú). At the same time, Moody's downgraded the standalone baseline credit assessments (BCAs) of Banco de Chile and Santander to baa1, from a3, respectively, and downgraded Banco de Chile's global local and foreign currency subordinated debt ratings to (P)Baa2, from (P)Baa1.
SANTIAGO, Chile, March 31, 2020 -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Wednesday, April 29, 2020 at.
The Board of Directors of Santander Chile, in its extraordinary session held today, proposed to reschedule the Annual Shareholder’s Meeting for Thursday, April 30, and propose a new dividend distribution proposal in order to multiply its capacity to support clients during the Coronavirus crisis contingency. The President of the Board of Directors of Santander Chile, Claudio Melandri, explained that with this decision, and taking into account the economic contingency derived from Covid-19 pandemic, the Board decided to see what mechanisms were available to supports its clients. “All of the analysis on a global scale agree that the present situation requires renewed efforts from everyone involved so individuals, SMEs and companies in general, can count with the necessary support to ensure the continuity of their activities; and in Santander Chile that is what we have decided to do.”
SANTIAGO, Chile, March 18, 2020 -- The Board of Directors of Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today that it has agreed to summon the annual.
LISBON/MADRID (Reuters) - The chairman of the Portuguese unit of Spain's largest bank, Santander, Antonio Vieira Monteiro, died from the coronavirus on Wednesday, the second victim of the disease in Portugal, a source familiar with the matter told Reuters. Vieira Monteiro, 73, became chairman of Santander Totta in 2019 after seven years as chief executive. A Santander spokesman confirmed that Vieira Monteiro had died, but would not say if that was from the coronavirus.
SANTIAGO, Chile, March 06, 2020 -- Banco Santander Chile (“Santander Chile” or the “Company”) (NYSE: BSAC; SSE: Bsantander) announced today that its Annual Report on Form 20-F.
Following the departure of its CTO last month, Tandem Bank, the U.K. challenger bank co-founded by fintech veteran Ricky Knox, has lost another key member of its team: chief product officer Matt Ford, who is departing for a career in venture. Ford joined Santander InnoVentures, the venture capital arm of the Spanish incumbent bank, in December, TechCrunch has learned.
In September 2018, Santander, one of Europe's biggest banks, tweeted a video of its incoming new chief executive, an Italian investment banker named Andrea Orcel. Depicting a meeting with the bank's boss, Ana Botin, the clip showed the silver-haired Italian cutting the air with a decisive gesture. In the video, Orcel is shown appearing to agree with the outcome.
Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited results1 for the twelve month period ended December 31, 2019 and fourth quarter 2019 (4Q19). Net income attributable to shareholders in 12M19 decreased 6.7% YoY with a stated ROAE at 16.7% for the twelve month period. This decline was mainly due to the increase of the Bank’s cost of credit form 1.0% in 2018 to 1.3% in 2019.
Moody's Investors Service ("Moody's") has today assigned an A1 global foreign currency debt rating to Banco Santander-Chile (Santander)'s $750 million fixed-rate five-year senior unsecured notes. The rating has a stable outlook. Santander's A1 long-term debt rating reflects its stable and diversified core funding mix and solid risk management, which supports its adequate asset quality even as economic growth moderates in Chile.
SANTIAGO, Chile, Jan. 06, 2020 -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Wednesday, January 29, 2020 at.
SANTIAGO, Chile, Dec. 13, 2019 -- On December 11, 2019 S&P Global Ratings confirmed the A credit rating of Banco Santander-Chile S.A. with a Stable outlook. They expect.
Banco Santander Brasil is making new hires as part of a revamp of its investment banking business in an effort to gain market share. Gustavo Miranda, the new head of investment banking at the bank, has hired Renato Boranga, who was formerly at Moelis & Co , as head of mergers and acquisitions. Miranda, who became head of investment banking in October, has also appointed Pedro Leite da Costa, previously at Goldman Sachs and advisory firm One Partners, as head of equity capital markets (ECM).