Banco Santander-Chile (BSAC) Tops Q1 EPS by 3c

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Banco Santander-Chile Announces First Quarter 2022 Earnings

April 29, 2022 7:30 AM EDT

SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the three-month period ended March 31, 2022 and first quarter 2022 (1Q22).

Net income attributable to shareholders up 29.5% YoY in 3M22, with ROAE of 25.6%

Net income attributable to shareholders in 1Q22 totaled Ch$235,743 million (Ch$1.25 per share and US$0.64 per ADR), increasing 29.5% compared to 1Q22 (from now on YoY) and 1.5% compared to 4Q21 (from now on QoQ). Strong YoY results were driven by a strong increase in operating income of 8.4% mainly driven... More