Upside case
Bull case
—
The bull case requires both strong earnings delivery and the market pricing BSAC more generously than it does today.
Analysis OverviewHoldUpdated May 1, 2026
Banco Santander-Chile (BSAC) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Hold
Covering
12
analysts
4 bullish · 2 bearish · 12 covering BSAC
Strong Buy
0
Buy
4
Hold
6
Sell
2
Strong Sell
0
Consensus Target
$34
+6.3% vs today
Scenario Range
— – —
Model bear to bull value window
Coverage
12
Published analyst ratings
Valuation Context
0.0x
Forward P/E · Market cap $14.8B
BSAC price targets
Three scenarios for where BSAC stock could go
Current
~$32
Confidence
35 / 100
Updated
May 1, 2026
Market caseClosest to today
Base case
—
The base case reflects analyst consensus expectations — steady delivery without requiring a major catalyst or re-rating.
Stress case
Bear case
—
The bear case reflects a scenario where earnings shortfalls or multiple compression combine to materially reduce the stock from its current level.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Banco Santander-Chile
BSAC · NYSEFinancial ServicesBanks - RegionalDecember year-end
Banco Santander-Chile is a full-service commercial bank operating primarily in Chile, offering retail, commercial, and corporate banking services. It generates revenue mainly through net interest income from loans and deposits — with retail banking being its largest segment — supplemented by fees from transaction services, insurance, and investment products. The bank benefits from the Santander Group's global scale and brand recognition, combined with its deep local market penetration and extensive branch network in Chile.
Market Cap
$14.8B
Net Income TTM
$1.05T
BSAC Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
25%Exceptional
12 quarters tracked
Revenue Beat Rate
40%Exceptional
vs consensus estimates
Avg EPS Surprise
-10.6%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$0.60/$0.62
Revenue
$443M/$763M
Q4 2025
EPS
$0.50/$0.59
Revenue
$1.1B/—
Q1 2026
EPS
$0.59/$0.59
Revenue
$835M/$782M
Q2 2026
EPS
$0.63/$0.62
Revenue
$799M/$811M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $0.60/$0.62 | -3.2% | $443M/$763M | -41.9% |
| Q4 2025 | $0.50/$0.59 | -15.8% | $1.1B/— | — |
| Q1 2026 | $0.59/$0.59 | +0.0% | $835M/$782M | +6.8% |
| Q2 2026 | $0.63/$0.62 | +1.6% | $799M/$811M | -1.5% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.23T
-9.1% YoY
FY2
$4.09T
-3.5% YoY
EPS Outlook
FY1
$1979.54
-11.5% YoY
FY2
$2010.30
+1.6% YoY
Trailing FCF (TTM)$776.1B
Next Earnings
—
Expected EPS
—
Expected Revenue
—
BSAC beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
BSAC Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Significantly Undervalued
Fair value est. $11122 — implies +35398.9% from today's price.
Upside to Fair Value
35398.9%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
BSAC
0.0x
vs
S&P 500
25.2x
100% discount
vs Financial Services Trailing P/E
BSAC
0.0x
vs
Financial Services
13.4x
100% discount
vs BSAC 5Y Avg P/E
Today
0.0x
vs
5Y Average
0.0x
+236% premium
Forward PE
0.0x
S&P 500
19.1x
-100%
Financial Services
10.5x
-100%
5Y Avg
—
—
Trailing PE
0.0x
S&P 500
25.2x
-100%
Financial Services
13.4x
-100%
5Y Avg
0.0x
+236%
PEG Ratio
0.00x
S&P 500
1.75x
-100%
Financial Services
1.03x
-100%
5Y Avg
—
—
EV/EBITDA
17.4x
S&P 500
15.3x
+14%
Financial Services
11.4x
+53%
5Y Avg
6.7x
+159%
Price/FCF
21.5x
S&P 500
21.3x
+1%
Financial Services
10.6x
+102%
5Y Avg
0.0x
+181090%
Price/Sales
2.9x
S&P 500
3.1x
-8%
Financial Services
2.3x
+28%
5Y Avg
0.0x
+193992%
Dividend Yield
100.00%
S&P 500
1.88%
+5226%
Financial Services
2.68%
+3626%
5Y Avg
—
—
| Metric | BSAC | S&P 500 | Financial Services | 5Y Avg BSAC |
|---|---|---|---|---|
| Forward PE | 0.0x | 19.1x-100% | 10.5x-100% | — |
| Trailing PE | 0.0x | 25.2x-100% | 13.4x-100% | 0.0x+236% |
| PEG Ratio | 0.00x | 1.75x-100% | 1.03x-100% | — |
| EV/EBITDA | 17.4x | 15.3x+14% | 11.4x+53% | 6.7x+159% |
| Price/FCF | 21.5x | 21.3x | 10.6x+102% | 0.0x+181090% |
| Price/Sales | 2.9x | 3.1x | 2.3x+28% | 0.0x+193992% |
| Dividend Yield | 100.00% | 1.88% | 2.68% | — |
BSAC trades above S&P 500 benchmarks on 1 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolBSAC Financial Health
Verdict
Exceptional
BSAC generates 21.5% ROE and 1.6% return on assets — the two primary signals for banking profitability. FCF-based metrics are not applicable to financial companies.
Earnings Engine
Revenue, profitability, and return on capital
Revenue (TTM)
Trailing-twelve-month sales base
—
Revenue Growth
TTM vs prior year
—
Operating Margin
Operating income divided by revenue
—
Net Margin
Net income divided by revenue
—
EPS (TTM)
Diluted earnings per share, trailing twelve months
$2235.57
ROE
Return on equity — the primary profitability signal for banks
21.5%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
4.5%
ROA
Return on assets, trailing twelve months
1.6%
Cash & Equivalents
Liquid assets on the balance sheet
$5.24T
Net Debt
Total debt minus cash
$10.64T
FCF Analysis
Traditional FCF and debt/FCF ratios are not meaningful for financial companies. Focus on ROE and ROA above.
ROE
Return on equity — the headline bank profitability metric
21.5%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
100.0%
Dividend
100.0%
Buyback
0.0%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$0
Dividend / Share
Annualized trailing dividend per share
$484767.98
Payout Ratio
Share of earnings distributed as dividends
55.9%
Shares Outstanding
Current diluted share count
471M
All figures from the trailing twelve months. For financial companies, ROE and ROA are the primary health signals — FCF-based metrics are not applicable.
Open full ratios pageBSAC Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Economic Volatility in Chile
BSAC's loan portfolio is heavily exposed to the Chilean economy, which has faced significant volatility. The economy contracted by 6.1% in 2020 due to the COVID-19 pandemic and has shown signs of slow growth and declining investment, particularly in 2023 with high inflation and interest rates.
High Risk
Interest Rate Fluctuations
Unexpected inflation spikes and potential halts in the central bank's rate-cutting cycle could adversely affect BSAC. A rebound in global interest rates may increase the cost of foreign funding for the Chilean financial system, impacting profitability.
High Risk
Revenue Misses and Growth Concerns
In Q3 2025, BSAC reported a revenue shortfall, missing analyst estimates by approximately 20.6%. This significant miss, along with lower-than-expected earnings per share, raises concerns about the bank's core business momentum and ability to generate revenue.
Medium
Analyst Sentiment and Target Prices
The current analyst consensus rating for BSAC is 'Reduce,' with one analyst rating it 'Sell' and four rating it 'Hold.' The average one-year target price is below the stock's recent trading level, indicating analysts foresee more downside risk than upside potential.
Medium
Valuation Concerns
BSAC's forward P/E ratio exceeds 6,000, which is considered extreme for the Financials sector. This suggests a potentially distorted or unreliable earnings outlook, raising concerns about the stock's valuation.
Medium
Institutional Ownership
BSAC has relatively low institutional ownership at around 6.42%, indicating limited conviction from large funds. This low level of institutional support may lead to less 'sticky' money, which can affect stock price stability.
Lower
Regulatory and Compliance Risks
Financial institutions like BSAC are expected to have documented risk assessments for regulations such as the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML). Failure to comply can lead to regulatory exposures and monetary fines, impacting the bank's operations.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why BSAC Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Strong Dividend Yield
BSAC offers an annual dividend of $0.99 per share, translating to a yield of 2.97%. Additionally, a future dividend of $1.13 is anticipated, which would represent a yield of 3.33%.
Analyst Upgrades and Sentiment
Recent analyst upgrades for BSAC stock indicate a positive shift in sentiment. Some analysts have issued 'Buy' ratings, suggesting an average price target of $35.50 with a potential upside of 6.16%.
Resilient Financial Performance
BSAC has shown resilience through consistent earnings and effective management, which supports its stability in the market. This performance is further bolstered by increasing institutional engagement, reflecting confidence in the bank's operations.
Rising Market Attention
There is a noticeable increase in market attention around BSAC, driven by steady earnings and institutional activity. This trend suggests that market participants are reassessing the stock's near-term trajectory with a more optimistic outlook.
Positive Technical Indicators
Technical analysis indicates a general buy signal from the long-term moving average for BSAC. This contrasts with a short-term sell signal, suggesting potential for upward movement in the stock.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
BSAC Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$31.52
52W Range Position
59%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$22.77
+38.4% from the low
52-Week High
$37.72
-16.4% from the high
1 Month
-5.17%
3 Month
-14.21%
YTD
+1.0%
1 Year
+30.5%
3Y CAGR
+17.2%
5Y CAGR
+6.0%
10Y CAGR
+5.2%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
BSAC vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
0.0x
vs 1.8x median
-99% below peer median
Revenue Growth
-9.1%
vs -12.4% median
+26% above peer median
Net Margin
—
vs — median
Peer median unavailable
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
BSA BSAC Banco Santander-Chile | $14.8B | 0.0x | -9.1% | — | Hold | +6.3% |
BCH BCH Banco de Chile | $19.0B | 0.0x | -20.8% | — | Buy | +11.5% |
BBD BBD Banco Bradesco S.A. | $40.8B | 1.4x | -15.3% | — | Hold | -17.1% |
ITU ITUB Itaú Unibanco Holding S.A. | $93.1B | 1.8x | +8.0% | — | Buy | -24.5% |
SAN SAN Banco Santander, S.A. | $182.0B | 10.4x | -12.4% | — | Buy | -75.8% |
BSB BSBR Banco Santander (Brasil) S.A. | $44.8B | 6.7x | +1.6% | — | Buy | +20.4% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
BSAC Dividend and Capital Return
BSAC returns 100.0% total yield, led by a 100.00% dividend.
Dividend SustainableFCF Stretched
Total Shareholder Yield
100.0%
Dividend + buyback return per year
Buyback Yield
0.0%
Dividend Yield
100.00%
Payout Ratio
55.9%
How BSAC Splits Its Return
Div 100.00%
Dividend 100.00%Buybacks 0.0%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$484767.98
Growth Streak
Consecutive years of dividend increases
1Y
3Y Div CAGR
2.9%
5Y Div CAGR
8.6%
Ex-Dividend Date
—
Payment Cadence
Annual
1 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$0
Estimated Shares Retired
0
Approx. Share Reduction
0.0%
Shares Outstanding
Current diluted share count from the screening snapshot
471M
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.52 | — | — | — |
| 2025 | $1.33 | +75.9% | 0.0% | 100.0% |
| 2024 | $0.76 | -39.6% | 0.0% | 100.0% |
| 2023 | $1.25 | +2.5% | 0.0% | 100.0% |
| 2022 | $1.22 | +31.4% | 0.0% | 100.0% |
FAQ
7 questionsBSAC Investor Questions
Common questions answered from live analyst data and company financials.
01Is Banco Santander-Chile (BSAC) stock a buy or sell in 2026?
Banco Santander-Chile (BSAC) is rated Hold by Wall Street analysts as of 2026. Of 12 analysts covering the stock, 4 rate it Buy or Strong Buy, 6 rate it Hold, and 2 rate it Sell or Strong Sell. The consensus 12-month price target is $34, implying +6.3% from the current price of $32.
02What is the BSAC stock price target for 2026?
The Wall Street consensus price target for BSAC is $34 based on 12 analyst estimates. The high-end target is $38 (+20.6% from today), and the low-end target is $29 (-8.0%).
03Is Banco Santander-Chile (BSAC) stock overvalued in 2026?
BSAC trades at 0.0x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals significantly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Banco Santander-Chile (BSAC) stock in 2026?
The primary risks for BSAC in 2026 are: (1) Economic Volatility in Chile — BSAC's loan portfolio is heavily exposed to the Chilean economy, which has faced significant volatility. (2) Interest Rate Fluctuations — Unexpected inflation spikes and potential halts in the central bank's rate-cutting cycle could adversely affect BSAC. (3) Revenue Misses and Growth Concerns — In Q3 2025, BSAC reported a revenue shortfall, missing analyst estimates by approximately 20. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Banco Santander-Chile's revenue and earnings forecast?
Analyst consensus estimates BSAC will report consensus revenue of $4.23T (-9.1% year-over-year) and EPS of $1979.54 (-11.5% year-over-year) for the upcoming fiscal year. The following year, analysts project $4.09T in revenue.
06When does Banco Santander-Chile (BSAC) report its next earnings?
A confirmed upcoming earnings date for BSAC is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Banco Santander-Chile generate?
Banco Santander-Chile (BSAC) generated $776.1B in free cash flow over the trailing twelve months. BSAC returns capital to shareholders through dividends (100.0% yield) and share repurchases ($0 TTM).