Banco Santander Chile (BSAC)

• Market cap: $13.5B
• 1 day: -0.42%
• 5 days: 0.24%
• 1 month: 8.3%
• 3 months: 24.73%
• 6 months: 19.14%
• Year to date: 53.39%
• 1 year: 46.88%
• 5 years: 98.2%
• 10 years: 49.87%
• Sector: Financials
• Industry: Banks - Regional

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: 8,600