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Financial statements

BANCO SANTANDER CHILE financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BANCO SANTANDER CHILE files with the SEC in its annual reports.

In CLP millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cost of revenue1,551
Research and development2,8081,5592,3052,5831,791627592
Selling, general and administrative245,089233,612250,450280,134310,219320,111366,431387,605
General and administrative-226,413-230,103245,0890.23250,450280,134310,219320,111366,431387,605
Operating income584,451716,317761,742793,542693,8751,074,755
Interest expense638,4791,109,7462,516,544
Interest income-367,0342,79653,174-78,165
Pre-tax income587,463717,461763,066794,688695,2631,074,092901,106691,3851,079,5951,245,415
Income tax109,031145,031167,144175,074142,533221,66493,62497,548219,745207,362
Income from continuing operations3,0121,1441,3251,1461,388-47510,3108,4048,4219,139
Net income to minority interests2,36512,4484,3602,2225,1169,96115,20614,4106,88616,403
Net income476,067562,801595,333621,313552,730852,428807,482579,427852,9641,021,650
EBITDA519,092638,494841,022899,634803,3011,196,810
EPS, basic2.532.993.163.292.914.474.203.084.535.42
EPS, diluted2.532.993.163.292.914.474.203.084.535.42

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents2,486,1991,634,3412,256,1553,711,3342,894,6202,891,8952,079,8862,760,7242,771,0022,093,061
Receivables396,987485,73677,041270,204133,71873,347154,04698,308329,327714,628
Property, plant and equipment257,379242,547253,586250,761240,854236,939238,095251,823251,846242,522
Lease right-of-use assets44,84048,09947,486157,572147,997137,879133,795100,44960,79229,915
Goodwill000
Intangible assets58,08563,21966,92373,38982,53795,411107,78997,55188,66991,475
Total assets37,030,02535,823,60539,132,51250,574,71455,703,22363,841,95068,422,02670,781,59268,403,28368,147,280
Short-term debt8,826,5838,864,76510,366,4994,337,9473,434,237
Total liabilities34,091,82632,675,68535,887,0528,385,3689,642,86559,414,37763,458,07965,439,09763,044,32862,410,979
Total debt1,916,3681,698,3571,788,6262,519,8186,328,5998,826,5838,864,76510,366,4994,337,9473,434,237
Retained earnings370,803435,228373,619393,681410,501647,065679,439562,368499,174661,598
Shareholders' equity2,908,8583,106,0373,199,2973,398,8703,620,0914,333,2134,854,3835,217,7605,254,5615,616,359
Minority interests24,34141,88346,16379,63384,68394,360109,564124,735104,394119,942
Total equity2,938,1993,147,9203,245,4603,478,5033,704,7744,427,5734,963,9475,342,4955,358,9555,736,301
Total liabilities and equity37,030,02535,823,60539,132,51250,574,71455,703,22363,841,95068,422,02670,781,59268,403,28368,147,280

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income478,432575,249599,693621,313552,730852,428807,482593,837859,8501,038,053
Depreciation and amortization-65,359-77,82379,280106,092109,426122,055129,993143,762141,435135,159
Cash from operations736,153-416,3571,022,4921,855,586-819,993-594,679-358,9881,315,758482,38855,407
Capital expenditures-62,355-58,771-68,329-57,390-50,613-57,995-58,393-74,426-63,161-84,659
Cash from investing-90,199-73,459-91,565-141,790-70,105-84,271-94,602-117,850-106,580-104,945
Stock issued475,390102,481000
Dividends paid-336,659-330,645-423,611-355,141-331,255-310,468-464,977-485,191-347,483-600,336
Cash from financing-336,659-330,645-423,611-385,286102,090238,661-384,323-515,292-372,847-621,098
Exchange rate effect-150,266-31,398114,498126,669-28,706437,56425,904-1,7787,317-7,305
Free cash flow673,798-475,128954,1631,798,196-870,606-652,674-417,3811,241,332419,227-29,252
Interest paid855,678731,755829,949904,417638,4791,109,7462,516,5444,135,5404,076,1463,189,844

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Effective tax rate16.7%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)18.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.5%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y19.8%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y8.2%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y13.1%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y19.8%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y8.8%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y13.3%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-88.5%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-107.0%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y6.9%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y5.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y9.2%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-0.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-0.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y4.1%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Debt / equity0.61xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets5.0%Total debt / total assets.
Liabilities / assets91.6%Total liabilities / total assets.
Net debtCLP 1.34TTotal debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets0.1%(Goodwill + intangible assets) / total assets.
Tangible book valueCLP 5.52TShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion-2.9%Free cash flow / net income, when net income is positive.
Capex / operating cash flow152.8%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, dilutedCLP 5.42Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basicCLP 5.42Net income per basic share, as reported (split-adjusted).
Payout ratio58.8%Dividends paid / net income, when net income is positive.
Was BANCO SANTANDER CHILE profitable in fiscal 2025?

Yes. Net income was CLP 1.02T, a net margin of -.

How much free cash flow did BANCO SANTANDER CHILE generate in fiscal 2025?

Cash from operations of CLP 55.41B minus capital expenditures of CLP 84.66B left free cash flow of -CLP 29.25B.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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