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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
15% more capital invested
Capital invested by funds: $450M [Q4 2024] → $517M (+$66.6M) [Q1 2025]
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
2% more funds holding
Funds holding: 116 [Q4 2024] → 118 (+2) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0% less ownership
Funds ownership: 0.01% [Q4 2024] → 0.01% (-0%) [Q1 2025]
5% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 42
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Thiago Batista | 3%downside $24 | Neutral Maintained | 2 Jun 2025 |
Financial journalist opinion
Based on 8 articles about BSAC published over the past 30 days
