Banco Santander-Chile (BSAC) Misses Q4 EPS by 4c

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Banco Santander-Chile Announces Fourth Quarter 2021 Earnings

February 3, 2022 6:00 AM EST

SANTIAGO, Chile, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the twelve month period ended December 31, 2021 and fourth quarter 2021 (4Q21).

Net income attributable to shareholders up 49.8% YoY in 12M21, with ROAE of 22.7%

Net income attributable to shareholders in 12M21 totaled Ch$774,959 million (Ch$4.11 per share and US$1.93 per ADR), a 49.8% increase compared to the same period in 2020. The Banks ROAE for 12M21 was 22.7% compared to 14.5% in 12M20, the Net interest margin (NIM)... More