Don't Buy Banco Santander-Chile Before Checking Its Fundamentals!

Shares of Commercial Banking company Banco Santander-Chile jumped 2.9% today. With many investors piling into BSAC without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

  • Banco Santander-Chile has moved 12.0% over the last year, and the S&P 500 logged a change of 27.9%

  • BSAC has an average analyst rating of hold and is -0.2% away from its mean target price of $20.35 per share

  • Its trailing earnings per share (EPS) is $1.25

  • Banco Santander-Chile has a trailing 12 month Price to Earnings (P/E) ratio of 16.2 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $2.25 and its forward P/E ratio is 9.0

  • The company has a Price to Book (P/B) ratio of 1.88 in contrast to the S&P 500's average ratio of 2.95

  • Banco Santander-Chile is part of the Finance sector, which has an average P/E ratio of 12.38 and an average P/B of 1.58

  • BSAC has reported YOY quarterly earnings growth of 203.3% and gross profit margins of 0.0%

  • Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency-denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services. It also provides mutual fund management, insurance and securities brokerage, foreign exchange services, financial leasing, financial consulting and advisory, investment management, foreign trade, leasing, factoring, treasury, and transactional services, as well as specialized services to finance residential projects. In addition, the company offers short-term financing and fundraising, and brokerage services, as well as derivatives, securitization, and other products; and manages capital allocations. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. The company was incorporated in 1977 and is headquartered in Santiago, Chile. Banco Santander-Chile operates as a subsidiary of Banco Santander, S.A.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.