Banco Santander Chile ADR

BSAC: XNYS (USA)
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Banco Santander Chile Earnings: Profitability Is Strong but Lower Inflation Is a Headwind to Revenue

Banco Santander Chile reported mixed first-quarter results with net revenue declining by 0.5% from last year and net income falling 1.7% to CLP 273.2 billion. Profitability was still solid, however, with the bank's return on average equity at 23%.

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