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

Banco Santander-Chile (NYSE:BSAC - Get Free Report) 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 $712,001,213.36 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.

Banco Santander-Chile Stock Up 1.9 %

Shares of NYSE BSAC traded up $0.38 during midday trading on Friday, hitting $20.24. 50,593 shares of the stock traded hands, compared to its average volume of 165,788. Banco Santander-Chile has a one year low of $17.73 and a one year high of $21.43. The business has a 50 day moving average price of $19.03 and a two-hundred day moving average price of $19.74. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.79 and a current ratio of 1.79. The company has a market cap of $9.54 billion, a PE ratio of 11.50, a P/E/G ratio of 0.34 and a beta of 0.86.

Analysts Set New Price Targets

Separately, Bank of America lowered Banco Santander-Chile from a "buy" rating to a "neutral" rating and lowered their price target for the company from $22.00 to $21.00 in a research 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target 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.