Banco Santander-Chile (BSAC)
NYSE
BSAC price, last 12 months
Key stats
- Previous close
- $33.78
- Open
- $33.99
- Day range
- $33.76 – $34.54
- 52-week range
- $25.87 – $37.72
- Volume
- 299.2K
- Avg volume (20 days)
- 292.1K
- Market cap
- $16.2B
Performance
Technicals and fundamentals
About Banco Santander-Chile
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.
- Listed on
- NYSE
- Market cap
- $16.2B