Banco Santander-Chile (BSAC) Tops Q2 EPS by 13c

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Banco Santander-Chile Announces Second Quarter 2022 Earnings

July 29, 2022 7:36 AM EDT

SANTIAGO, Chile, July 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the six-month period ended June 30, 2022 and second quarter 2022 (2Q22).

Net income attributable to shareholders up 40.9% YoY in 6M22, with ROAE of 28.7%

Net income attributable to shareholders in the six months ended June 30, 2022 totaled Ch$ 521,257 million (Ch$2.77 per share and US$1.20 per ADR) increasing 40.9% compared to 6M21. The Banks ROAE reached 28.7% for 6M22, compared to 21.1% in the same period in 2021. The Net interest margin (NIM) remained stable at 4.1%... More