Banco Santander ChileBSAC
About: Founded in 1978, Banco Santander Chile is part of Santander Group and majority-controlled by Santander Spain. It is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgages, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-size companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country, LATAM.
Employees: 8,757
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 34
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0% less ownership
Funds ownership: 0.02% [Q3] → 0.01% (-0%) [Q4]
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
2% less funds holding
Funds holding: 117 [Q3] → 115 (-2) [Q4]
26% less capital invested
Capital invested by funds: $607M [Q3] → $448M (-$160M) [Q4]
97% less call options, than puts
Call options by funds: $6K | Put options by funds: $211K
Research analyst outlook
We haven’t received any recent analyst ratings for BSAC.
Financial journalist opinion
