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Banco Stander-Chile reported an annual profit of $945.8 million.

Earnings Snapshot: Banco Santander-Chile reports $119.1 million Q4 profit

Banco Santander-Chile, based in Santiago, Chile, said it made 25 cents per share Q4 earnings

By AP News
Published - Feb 03, 2023, 08:57 AM ET
Last Updated - Jun 22, 2023, 11:23 PM EDT

SANTIAGO, Chile (AP) _ Banco Santander-Chile (BSAC) on Friday reported fourth-quarter earnings of $119.1 million.

The bank, based in Santiago, Chile, said it had earnings of 25 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share.

The financial holding company posted revenue of $1.42 billion in the period. Its revenue net of interest expense was $527.5 million, also missing Street forecasts.

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