BSAC Stock Recent News

Rising rates have resulted in increased ROE in the short term, but this should normalize in the coming quarters. Chile may experience a recession during 2023, and loan growth may decline from its current level of 8-10%.

BSAC's valuations, technical backdrop, and income profile make it an intriguing EM prospect. Yet, the macro-economic outlook and the bank's own near-term prospects don't look too encouraging.

Banco Santander-Chile (NYSE:BSAC ) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET Company Participants Emiliano Muratore - CFO Claudio Soto - Chief Economist Robert Moreno - Managing Director and Head of IR Conference Call Participants Jason Mollin - Scotiabank Tito Labarta - Goldman Sachs Yuri Fernandes - JPMorgan Ernesto Gabilondo - Bank of America Alonso Garcia - Credit Suisse Neha Agarwala - HSBC Operator Ladies and gentlemen, thank you for standing by, and I would like to welcome you to Banco Santander-Chile Results Conference Call on the 29th of July 2022. [Operator Instructions] The format of today's call will be a presentation by the management team followed by a question-and-answer session.

Santander's Chile chief executive, Miguel Mata Huerta, will step down on August 1, the banking unit said in a filing Wednesday to the Chilean stock market.

SANTIAGO, Chile, June 29, 2022 (GLOBE NEWSWIRE) -- You are cordially invited to participate in Banco Santander Chile's (NYSE: BSAC) conference call-webcast on Friday, July 29, 2022 at 11.00 AM (Eastern Time) where we will discuss 2Q 2022 financial results. The Bank's Officers participating in the conference call are: Emiliano Muratore, CFO, Robert Moreno, Manager of Investor Relations and Claudio Soto, Chief Economist. A question and answer session will follow the presentation.

Here is how Banco Santander-Chile (BSAC) and Ezcorp (EZPW) have performed compared to their sector so far this year.

BSAC, CPLP, CC, OTTR, and DELL have been added to the Zacks Rank #1 (Strong Buy) List on June 27, 2022.

BSAC, CPLP, and CC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 27, 2022.

Banco Santander-Chile (BSAC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

GOGL, OUT, BSAC, LNG, and WMB have been added to the Zacks Rank #1 (Strong Buy) List on June 2, 2022.