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Banco Santander-Chile Announces First Quarter 2022 Earnings

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Friday, April 29, 2022

SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the three-month period ended March 31, 2022 and first quarter 2022 (1Q22).

Key Points: 
  • SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited resultsi for the three-month period ended March 31, 2022 and first quarter 2022 (1Q22).
  • With these results, the Bank notched its sixth consecutive quarter of plus 20% ROAE which reached 25.6% in 1Q22.
  • The total number of Life clients as of March 2022 increased 59.7% YoY and in the first quarter 2022 Life opened 76,553 current accounts reaching a total of 976,618 clients.
  • Superdigital continues its acceleration in client acquisition with 28,753 new clients in the quarter, reaching a total of 292,474 clients.