Banco Santander-Chile (NYSE:BSAC) announced its earnings results on Wednesday. The bank reported $0.46 EPS for the quarter, beating the consensus estimate of $0.44 by $0.02, Morningstar.com reports. Banco Santander-Chile had a return on equity of 17.51% and a net margin of 19.92%.
Shares of Banco Santander-Chile (NYSE:BSAC) traded down $0.20 during trading hours on Wednesday, reaching $34.05. The company’s stock had a trading volume of 581,398 shares, compared to its average volume of 323,524. The company has a market capitalization of $16,182.80, a price-to-earnings ratio of 19.57, a P/E/G ratio of 1.45 and a beta of 0.69. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 2.75. Banco Santander-Chile has a 1-year low of $21.21 and a 1-year high of $34.98.
A number of large investors have recently made changes to their positions in BSAC. Invictus RG bought a new position in Banco Santander-Chile in the third quarter worth approximately $217,000. Timber Hill LLC bought a new position in Banco Santander-Chile in the third quarter worth approximately $252,000. Stevens Capital Management LP bought a new position in Banco Santander-Chile in the third quarter worth approximately $286,000. TD Asset Management Inc. bought a new position in Banco Santander-Chile in the third quarter worth approximately $341,000. Finally, Banco BTG Pactual S.A. bought a new position in Banco Santander-Chile in the second quarter worth approximately $369,000. Institutional investors and hedge funds own 16.75% of the company’s stock.
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Banco Santander-Chile Company Profile
Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations.
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