BSAC Earnings Prediction
The chart below shows how BSAC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BSAC sees a -1.07% change in stock price 10 days leading up to the earnings, and a +3.87% change 10 days following the report. On the earnings day itself, the stock moves by -0.73%. This data can give you a slight idea of what to expect for the next quarter's release.
BSAC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
748.14M
53.86%
7.41%
Gross Margin
--
--
--
Operating Margin
45.38%
196.02%
6.00%
Net Margin
35.52%
138.55%
4.78%
EPS
0.00
--
--
No Data Available
BSAC Earnings Analysis
Banco Santander-Chile Corporation (BSAC.N) Earnings Conference Call
Positive
GDP Growth Estimate Q3: The preliminary estimate of GDP growth for the third quarter is 2.6% year-on-year compared to 1.6% previously, indicating a 0.9% quarter-to-quarter seasonal increase.
GDP Growth Forecast: We maintained our forecast of 2.4% GDP growth for this year, supported by more comfortable financial conditions and consistently growing wage bill.
Retail Loan Growth: Our retail loans continue to grow steadily, driven by consumer and mortgage loans, while commercial loans have been contracting.
Net Interest Income Growth: Our net interest income grew 74.8% year-on-year and 4.2% in the quarter, benefiting from higher interest income and lower funding costs.
Return on Equity Achievement: We achieved a return on equity (ROE) of 23.1% in the quarter and 18.2% year-to-date, surpassing our guidance for ROE for the full year.
Negative
Leadership Instability Concerns: Emiliano, our past CFO, left the bank last month, indicating potential instability in leadership.
GDP Growth Estimate: The preliminary estimate of GDP growth for the third quarter is 2.6%, compared to 1.6% previously, suggesting a slowdown in economic recovery.
Labor Market Slowdown: The labor market, which exhibited significant improvement in the first half of the year, slowed down during the third quarter, affected by seasonal factors.
Client Growth Trends: Our total clients and digital clients continue to grow, but the growth rate has decreased, indicating potential market saturation.
Rising Operational Costs: Our core expenses increased by 4.4% year-on-year and 0.3% in the quarter, below inflation, suggesting rising operational costs.
BSAC FAQs
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BSAC Earning Call Sentiment
Banco Santander-Chile (BSAC) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
BSAC.N
-2.12%Positive
The earnings call highlights strong financial performance, with significant increases in net income and ROE, improved efficiency ratios, and a robust capital position. The bank's increased dividend provision and positive NIM guidance further support a favorable outlook. Despite some economic and regulatory risks, the bank's strategic initiatives in digital banking and shareholder returns are likely to drive positive sentiment. The Q&A session did not reveal major concerns, maintaining the positive sentiment. Overall, these factors suggest a positive stock price movement in the short term.
