Banco Santander-Chile · BSAC · FY2026 Q3 · Calendar Q4 2026
BSAC Keeps 2026 Guidance as Q3 Earnings Miss Estimates
The quarter paired resilient profitability and recovering loan growth with estimate misses and fee and macroeconomic risks. Management maintained 2026 guidance and outlined 2027 loan growth of 6–7%, leaving execution and margin resilience central to the outlook.
Earnings scorecard
Reported versus consensusMarket reaction
prior-close to event-session closeAsk FN2 about BSAC FY2026 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Year-over-year net income growth moderated from 40% in Q2 to 12% in Q3. Management described loan growth as picking up, especially in commercial and auto lending, reaffirmed 2026 guidance, and provided a 2027 outlook.
Guidance delta
Management maintained 2026 guidance. For 2027, it expects loan growth of 6–7%, led by commercial lending, and net interest margin near 4%; these are outlook statements, not reported results.
Key takeaways
- EPS was 0.52 versus 0.65 estimated; revenue was 738,580,000 versus 765,046,400 estimated.
- Q3 attributable net income rose 12% year over year; ROE remained above 24%.
- Management described loan growth as picking up, particularly in commercial and auto lending; its 2027 loan growth outlook is 6–7%.
- Payment competition pressured fee income, while wealth management and insurance fees grew.
- CET1 was 10.9%; liquidity ratios were LCR 172% and NSFR 117%.
Management priorities
- Target 6–7% loan growth in 2027, led by commercial lending, while maintaining NIM near 4%.
- Pursue mid-to-high single-digit growth in fees and financial transaction income.
- Execute the three-year, $450 million technology and branch renewal plan.
- Expand digital and AI capabilities and the Getnet merchant network.
Follow BSAC with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeCompany context
Snapshot as of publicationBanco Santander-Chile, along with its affiliated entities, operates as a prominent financial institution in Chile, delivering a comprehensive array of commercial and retail banking solutions. Its business operations are structured into distinct segments: Retail Banking, Middle-Market, Corporate Investment Banking, and internal Corporate Activities. The bank offers a diverse portfolio of financial products, including debit and credit cards, checking accounts, and various savings options. It provides numerous lending solutions, such as consumer, automobile, general commercial, and mortgage loans, some of which are government-guaranteed. Furthermore, the company extends loans denominated in both Chilean pesos and foreign currencies to facilitate various commercial transactions, international trade, foreign currency forward contracts, and credit lines, alongside specialized mortgage financing services. Beyond traditional banking, Banco Santander-Chile provides an extensive suite of additional services.…
Financial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| PRU Prudential Financial, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | +6.4% | Prudential’s Q3: Capital rotation advances as Japan remains a drag |
| CRCL Circle Internet Group | FY2026 Q3 · Calendar Q4 2026 | — | +2.3% | Circle’s Q3 growth highlights USDC scale, while monetization remains key |
| AIZ Assurant, Inc. | FY2026 Q3 · Calendar Q4 2026 | +29.5% | +4.2% | Assurant raises FY2026 outlook as Lifestyle and Housing earnings grow |
| AIZN Assurant, Inc. 5.25% Subordinat | FY2026 Q3 · Calendar Q4 2026 | +36.0% | +0.5% | Assurant posts record Q3 as Connected Living drives growth |
| PGR The Progressive Corporation | FY2026 Q3 · Calendar Q4 2026 | — | -0.3% | Progressive’s Q3 growth is broad, while acquisition efficiency remains in focus |
| APOS Apollo Global Management, Inc. | FY2026 Q3 · Calendar Q4 2026 | -5.5% | -0.5% | Apollo posts record Q3 fee earnings as investment shifts widen |
Latest beats and misses
Who reports nextBeat on EPS
- LTMFY2026 Q3 · November 3, 2026+25.2% EPS+9.5% move
- AIZFY2026 Q3 · November 3, 2026+29.5% EPS+4.2% move
- AIZNFY2026 Q3 · November 3, 2026+36.0% EPS+0.5% move
- SMCIFY2027 Q1 · November 3, 2026+47.2% EPS-4.2% move
- XYZFY2026 Q3 · November 3, 2026+9.7% EPS+14.9% move
- AMGNFY2026 Q3 · November 3, 2026+11.4% EPS+1.6% move
Missed on EPS
- TXFY2026 Q3 · November 3, 2026-24.9% EPS-0.0% move
- CHTFY2026 Q3 · November 4, 2026-55.7% EPS+0.9% move
- TOSTFY2026 Q3 · November 3, 2026-20.1% EPS+5.9% move
- CPNGFY2026 Q3 · November 3, 2026-90.3% EPS+13.3% move
- TLNFY2026 Q3 · November 3, 2026-65.4% EPS+7.3% move
- APOSFY2026 Q3 · November 3, 2026-5.5% EPS-0.5% move
Get the BSAC recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-11-04T18:16:14.615060+00:00
- FN2 earnings calendar · 2026-11-04T01:23:13.345574+00:00
- Polygon adjusted daily market bars · 2026-11-04T19:00:51.003351+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-04T19:00:51.000464+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-04. For educational purposes only; not investment advice.