Banco Santander-Chile (BSAC) Expected to Announce Earnings on Friday

Banco Santander-Chile (NYSE:BSAC) will likely be posting its quarterly earnings results before the market opens on Friday, January 31st. Analysts expect Banco Santander-Chile to post earnings of $0.66 per share and revenue of $712.00 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Banco Santander-Chile Stock Performance

BSAC stock opened at $19.99 on Thursday. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 2.70. Banco Santander-Chile has a twelve month low of $17.73 and a twelve month high of $21.43. The business’s fifty day moving average is $19.10 and its 200-day moving average is $19.74. The company has a market cap of $9.42 billion, a P/E ratio of 11.36, a price-to-earnings-growth ratio of 0.34 and a beta of 0.86.

Wall Street Analyst Weigh In

Separately, Bank of America cut Banco Santander-Chile from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $22.00 to $21.00 in a report on Monday, December 16th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Banco Santander-Chile has a consensus rating of “Hold” and a consensus target price of $21.33.

About Banco Santander-Chile

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.