Banco Santander-Chile (BSAC) Projected to Post Quarterly Earnings on Friday

Banco Santander-Chile (NYSE:BSAC) is projected to release its earnings data 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Banco Santander-Chile Price Performance

NYSE:BSAC 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. The firm has a market cap of $9.42 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 0.34 and a beta of 0.86. Banco Santander-Chile has a 12 month low of $17.73 and a 12 month high of $21.43. The company’s 50-day moving average price is $19.10 and its two-hundred day moving average price is $19.74.

Wall Street Analyst Weigh In

Separately, Bank of America downgraded 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 equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $21.33.

Banco Santander-Chile Company Profile

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.