Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Banco Santander-Chile (NYSE:BSAC) Share Price

Press coverage about Banco Santander-Chile (NYSE:BSAC) has been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banco Santander-Chile earned a news impact score of 0.13 on Accern’s scale. Accern also gave media stories about the bank an impact score of 46.2088142041698 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of brokerages have recently commented on BSAC. Zacks Investment Research cut Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Monday, May 21st. ValuEngine cut Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $34.50.

Shares of BSAC traded up $0.18 during mid-day trading on Friday, reaching $30.60. The company had a trading volume of 149,400 shares, compared to its average volume of 379,630. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 3.15. Banco Santander-Chile has a 52 week low of $26.41 and a 52 week high of $35.09. The stock has a market cap of $14.71 billion, a P/E ratio of 15.68, a P/E/G ratio of 1.22 and a beta of 0.87.

Banco Santander-Chile (NYSE:BSAC) last issued its quarterly earnings results on Thursday, July 26th. The bank reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.04). Banco Santander-Chile had a return on equity of 18.72% and a net margin of 22.71%. The company had revenue of $717.19 million during the quarter, compared to the consensus estimate of $791.94 million. equities analysts anticipate that Banco Santander-Chile will post 2.06 EPS for the current year.

Banco Santander-Chile Company Profile

Banco Santander-Chile provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, and Global Corporate Banking segments. The company offers checking accounts and savings products; consumer, auto, commercial, mortgage, and government-guaranteed loans; credit and debit cards; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines.

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