BSAC - Banco Santander-Chile

NYSE - NYSE Delayed Price. Currency in USD
30.05
-0.01 (-0.03%)
At close: 4:02PM EDT

30.05 0.00 (0.00%)
After hours: 4:17PM EDT

Stock chart is not supported by your current browser
Previous Close30.06
Open30.09
Bid30.03 x 1000
Ask30.05 x 800
Day's Range29.85 - 30.16
52 Week Range27.06 - 33.32
Volume350,060
Avg. Volume351,066
Market Cap14.18B
Beta (3Y Monthly)0.42
PE Ratio (TTM)15.02
EPS (TTM)2.00
Earnings DateN/A
Forward Dividend & Yield1.13 (3.76%)
Ex-Dividend Date2019-04-15
1y Target Est32.30
Trade prices are not sourced from all markets
  • Ripple adoption gets another boost after Santander bank launches new payment corridor
    Decrypt3 hours ago

    Ripple adoption gets another boost after Santander bank launches new payment corridor

    Customers in the UK and Poland can now transfer up to 10,000 euros via the One Pay FX iOS app instantly.

  • Financial Times14 hours ago

    Santander offered a €52m sign-on to Andrea Orcel

    Santander offered to pay Andrea Orcel a sign-on package worth up to €52m in its aborted attempt to recruit him as chief executive, according to a formal offer letter seen by the Financial Times. In the ...

  • GlobeNewswire6 days ago

    NEW DATE: Banco Santander-Chile: Announces Second Quarter 2019 Analyst and Investor Webcast / Conference Call

    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.

  • GlobeNewswire10 days ago

    Banco Santander-Chile: Announces Second Quarter 2019 Analyst and Investor Webcast / Conference Call

    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.

  • Financial Times12 days ago

    Andrea Orcel set to launch €100m lawsuit against Santander

    Andrea Orcel is set to launch a €100m lawsuit against Santander after the Spanish bank withdrew its offer to make him chief executive earlier this year. Mr Orcel’s lawsuit, which was sent to Santander in recent days, alleges that the Spanish bank breached his contract and demands that the company hires him as its CEO or pays damages totalling €100m, according to two people who have seen the document. The lawsuit will not be filed or made public until Santander has had a chance to review its contents, one of the people said.

  • GlobeNewswire18 days ago

    Banco Santander hires Evertec as processor of its acquiring business

    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.

  • BSBR or BSAC: Which Is the Better Value Stock Right Now?
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  • Santander Pays Allianz $1.1 Billion to End Spanish Venture
    Bloomberg21 days ago

    Santander Pays Allianz $1.1 Billion to End Spanish Venture

    (Bloomberg) -- Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint venture in Spain, more than halving the value of the German insurer’s assets under management in the country.Aegon NV and Mapfre SA are now set to become Santander’s insurance partners in Spain. Aegon is expected to purchase 51% in a joint venture that will sell life risk, health, accidents, home and other non-life products through Santander’s network. Mapfre is acquiring a 50% stake in a partnership to sell car insurance and insurance for small- and medium-sized businesses.The move marks another step in the consolidation of Banco Popular, which had been in partnership with the German insurer before Santander bought it in 2017. The Spanish bank last week agreed with unions to cut 3,223 jobs in the country as part of the integration of the failed lender.Allianz will remain active in Spain. Europe’s biggest insurer manages about 7 billion euros of assets outside the Allianz Popular joint venture. In 2018, it gathered about 700 million euros of premiums through its direct business, twice the 362 million euros of policies that came through Allianz Popular.Top 10The end of the joint venture will knock Allianz out of the top 10 life insurers in Spain, an unusual position for the German company. Allianz has an annual budget for acquisitions of about 1.5 billion euros, according to a spokesman.“If opportunities come along and they are in the right segment of the market, we will look at them,” Allianz spokesman Holger Klotz said by telephone.Santander said it expects the transaction to occur in in the first quarter of 2020 and that it will have a negative impact of 8 basis points on its CET1 ratio. The lender fell 0.3 percent at 1:19 p.m. in Madrid, while Allianz was little changed in Frankfurt.Popular collapsed in 2017 after failing to repair a balance sheet weighed down by loans that soured during Spain’s real estate crash. Santander agreed to take on the bank, acquiring it for 1 euro.In Spain, life insurance is typically distributed through banks. Allianz and Banco Popular created the joint venture to sell life insurance, asset management, non-life insurance products and pensions in Spain. With the European Central Bank set to extend its monetary policy of negative interest rates for the foreseeable future Spanish banks are looking for alternative revenue streams to generate profit.Allianz spent $1 billion last month on two deals in the U.K. general-insurance market.(Updates with details of Allianz’s Spain business from fourth paragraph.)To contact the reporters on this story: Charlie Devereux in Madrid at cdevereux3@bloomberg.net;Will Hadfield in London at whadfield@bloomberg.netTo contact the editors responsible for this story: Dale Crofts at dcrofts@bloomberg.net, ;Shelley Robinson at ssmith118@bloomberg.net, Christian BaumgaertelFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Santander to pay 1 billion euros to end insurance accord with Allianz Group
    Reuters21 days ago

    Santander to pay 1 billion euros to end insurance accord with Allianz Group

    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.

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  • Associated Press2 months ago

    Colombian cities hit by Venezuela gasoline shortages

    CARACAS, Venezuela (AP) — Venezuela's widespread gasoline shortages are starting to affect some cities in Colombia, where drivers depend on cheap fuel smuggled in from their socialist-governed neighbor.

  • Why Shares of Santander Consumer Are Up on Friday
    Motley Fool2 months ago

    Why Shares of Santander Consumer Are Up on Friday

    The auto lending specialist is free to buy back more of its shares.

  • Bloomberg2 months ago

    Russian Billionaire Takes on Ana Botin, and Wins

    Fridman’s hostile bid for struggling Spanish grocer Distribuidora Internacional de Alimentacion SA won shareholder approval earlier this month. When DIA said in December it needed shareholders to stump up 600 million euros ($669 million) to cut debt, Fridman refused to bail out the discredited management team.

  • BSBR vs. BSAC: Which Stock Is the Better Value Option?
    Zacks2 months ago

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  • Benzinga2 months ago

    A Look At Banco Santander Through Benzinga's Securities Lending Volatility Index

    Benzinga’s Securities Lending Volatility Index (SLVX) Powered by Tidal Markets, is an indicator that forecasts stock market activity for broader indices and individual securities. Banco Santander (SAN) together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. After the spike in share price, SAN lost -5.93% in the proceeding 6 trading days, closing on April 25th at $4.91 a share.

  • Reuters2 months ago

    Santander wants to cut 11 percent of total workforce in Spain

    Santander is aiming to close 1,150 branches in Spain and cut just over 3,700 jobs, or around 11 percent of its workforce in the country as it integrates Banco Popular, unions said on Tuesday. "This reduction will mainly affect the commercial network and its intermediate support structures, although it will also affect the principal offices," Spanish union Comisiones Obreras said in a statement. Santander declined to comment.

  • Reuters2 months ago

    Santander wants to cut 11 pct of total workforce in Spain

    Santander is aiming to close 1,150 branches in Spain and cut just over 3,700 jobs, or around 11 percent of its workforce in the country as it integrates Banco Popular, unions said on Tuesday. Since the financial crisis in 2008, the number of branches in the Spanish banking sector has declined by more than 40 percent while the number of employees has shrunk by more than 30 percent.