Financials Banco Santander-Chile

Equities

BSANTANDER

CLP1506A1070

Banks

End-of-day quote Santiago S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
43.48 CLP +0.07% Intraday chart for Banco Santander-Chile +0.88% +1.12%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,103,183 6,426,013 6,454,280 6,397,746 8,103,183 8,193,638 - -
Enterprise Value (EV) 1 8,103,183 6,426,013 6,454,280 6,397,746 8,103,183 8,193,638 8,193,638 8,193,638
P/E ratio 14.7 x 12.4 x 8.33 x 7.91 x 16.3 x 10.2 x 8.87 x 8.3 x
Yield 4.37% 5.16% 4.82% 7.28% - 4.35% 5.98% 6.66%
Capitalization / Revenue 4.19 x 3.17 x 2.8 x 2.88 x 4.15 x 3.2 x 2.85 x 2.59 x
EV / Revenue 4.19 x 3.17 x 2.8 x 2.88 x 4.15 x 3.2 x 2.85 x 2.59 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.39 x 1.8 x 1.9 x 1.55 x - 1.66 x 1.55 x 1.4 x
Nbr of stocks (in thousands) 188,446,127 188,446,127 188,446,127 188,446,127 188,446,127 188,446,127 - -
Reference price 2 43.00 34.10 34.25 33.95 43.00 43.48 43.48 43.48
Announcement Date 1/29/20 2/4/21 2/3/22 2/3/23 2/2/24 - - -
1CLP in Million2CLP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,935,554 2,024,363 2,302,755 2,223,266 1,950,444 2,563,799 2,878,917 3,159,363
EBITDA - - - - - - - -
EBIT 1 1,121,946 1,163,371 1,385,837 1,284,014 1,040,748 1,525,892 1,682,191 1,730,504
Operating Margin 57.97% 57.47% 60.18% 57.75% 53.36% 59.52% 58.43% 54.77%
Earnings before Tax (EBT) 1 702,645 653,686 979,599 913,287 567,155 1,016,716 1,238,260 1,366,484
Net income 1 552,093 517,447 774,959 808,651 496,404 804,991 920,892 986,921
Net margin 28.52% 25.56% 33.65% 36.37% 25.45% 31.4% 31.99% 31.24%
EPS 2 2.930 2.750 4.110 4.290 2.630 4.250 4.904 5.239
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.880 1.760 1.650 2.470 - 1.891 2.602 2.894
Announcement Date 1/29/20 2/4/21 2/3/22 2/3/23 2/2/24 - - -
1CLP in Million2CLP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 565,606 634,447 581,471 667,306 532,321 442,168 489,203 478,500 426,252 556,489 563,916 618,364 645,020 660,352
EBITDA - - - - - - - - - - - - - -
EBIT - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 229,076 277,031 290,816 324,525 200,399 97,548 157,627 139,520 74,893 195,115 159,000 231,000 298,000 309,000
Net income 1 176,007 231,761 235,743 285,514 185,592 101,802 135,683 127,187 56,616 176,918 121,084 173,000 219,000 227,000
Net margin 31.12% 36.53% 40.54% 42.79% 34.86% 23.02% 27.74% 26.58% 13.28% 31.79% 21.47% 27.98% 33.95% 34.38%
EPS 2 0.9300 1.230 1.250 1.520 0.9800 0.5400 0.7200 0.6700 0.3100 0.9300 0.6196 0.7993 1.230 1.317
Dividend per Share 2 - - - 2.470 - - - 2.570 - - - 1.717 - -
Announcement Date 10/29/21 2/3/22 4/29/22 7/29/22 10/28/22 2/3/23 4/28/23 7/31/23 11/3/23 2/2/24 - - - -
1CLP in Million2CLP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.7% 14.5% 22.7% 21.6% - 17% 18.9% 18.1%
ROA (Net income/ Total Assets) 1.23% 0.9% 1.3% 1.2% - 1.12% 1.32% 1.34%
Assets 1 44,889,259 57,494,111 59,612,231 67,387,583 - 71,848,497 69,676,378 73,733,352
Book Value Per Share 2 18.00 18.90 18.00 21.90 - 26.20 28.00 31.00
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/29/20 2/4/21 2/3/22 2/3/23 2/2/24 - - -
1CLP in Million2CLP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
43.48 CLP
Average target price
48.73 CLP
Spread / Average Target
+12.07%
Consensus
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