|Bid||28.33 x 800|
|Ask||28.35 x 800|
|Day's Range||28.27 - 28.52|
|52 Week Range||27.06 - 33.32|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||14.17|
|Forward Dividend & Yield||1.13 (3.98%)|
|1y Target Est||32.41|
Yesterday, Banco Santander Chile successfully issued a bond in Swiss francs for CHF 100 million (equivalent to US$ 102 million) with a term of 10 years and achieved a spread of 69 basis points above the Mid-Swap. This issuance corresponds to the second transaction in Switzerland this year and adds to Santander Chile’s five other instruments outstanding in this market, reaching a total of CHF 790 million. For Emiliano Muratore, Chief Financial Officer of Banco Santander Chile, “this new issuance is a reflection of the excellent positioning of the Bank in the international markets, considering that this is the first time we have extended the term to 10 years in Switzerland.
Banco Santander Brasil SA launched a service on Thursday that allows small merchants to capture payment transactions through its card processor company GetNet without buying the bank's card reader machine. The bank targets nearly 4 million clients that currently use their own card reader machines or those made by rivals. GetNet aims to gain between 300,000 and 400,000 new clients through this migration.
Net income attributable to shareholders in 2Q19 totaled Ch$171,232 million (Ch$0.91 per share and US$0.54 per ADR), increasing 36.5% compared to 1Q19 (from now on QoQ) and 10.8% compared to 2Q18 (from now on YoY). ROAE in 2Q19 was 21.1%. In the quarter, the Bank made important advances in digital innovations. As a reminder, the Bank has announced a 3-year investment plan totaling US$380 million for 2019-2021 assigned for digital transformation.
MADRID/LONDON (Reuters) - Santander has accused Andrea Orcel, who is suing the Spanish bank for 100 million euros ($111 million) after it withdrew an offer to make him its chief executive, of "dubious ethical and moral behaviour". Orcel, one of Europe's most high-profile bankers, filed a lawsuit in Madrid this month claiming breach of contract. Orcel has alleged that a four-page letter written in September in which Santander offered him the job, along with a stock and bonus package to compensate for deferred pay he risked losing by quitting UBS, is legally binding.
Banco Santander Brasil SA will launch an online platform in September, allowing Brazilians to borrow funds using a wide range of collateral, from their homes to motorcycles, Chief Executive Officer Sergio Rial told journalists on Tuesday. Rial said the move - the first among major banks in Brazil - is aimed at offering cheaper loans for consumers with useable collateral. The announcement came days after Japan's SoftBank Group Corp led a $231 million financing round for Brazilian lending platform Creditas, which has specialized in loans secured by assets.
SANTIAGO, Chile, July 09, 2019 -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Monday, July 29, 2019 at 11.00 AM.
SANTIAGO, Chile, July 05, 2019 -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, July 26, 2019 at 12.00 PM.
Banco Santander Chile (BSAC) informs that it signed a five-year agreement with Evertec, Inc. (EVTC), a leading technology company in Latin America, which will provide processing services to the Bank's acquisition network, which will operate under the four-part model with all debit, credit and prepaid issuers.
Spain's largest lender Banco Santander said on Monday it will pay almost 1 billion euros ($1.1 billion) to end an agreement between Allianz and Banco Popular over the distribution of insurance products. Banco Popular, saddled with debt, became the first bank to be wound down using new European rules aimed at avoiding taxpayer funded bailouts and was sold to Santander for a nominal one euro in June 2017. Santander agreed to pay 936.5 million euros ($1.07 billion)for Allianz Group's 60% stake in Allianz Popular which distributed insurance products for Banco Popular in Spain.