Banco Santander-Chile (BSAC) Tops Q2 EPS by 2c

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Banco Santander-Chile Announces Second Quarter 2021 Earnings

July 29, 2021 8:00 AM EDT

SANTIAGO, Chile, July 29, 2021 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited results1 for the six month period ended June 30, 2021 and second quarter 2021 (2Q21).

Net income attributable to shareholder up 118.6% YoY in 2Q21, with ROAE of 21.6%

Net income attributable to shareholders in 2Q21 totaled Ch$185,478 million (Ch$0.98 per share and US$0.54 per ADR), increasing 2.1% compared to 1Q21 (from now on QoQ) and 118.6% compared to 2Q20 (from now on YoY). Strong YoY results were driven by a 15.1% increase in net... More