Banco Santander Chile (NYSE: BSAC) will host its third quarter 2026 financial results conference call and webcast on November 4, 2026. The event is scheduled for 11:00 am Chile time (9:00 am ET), featuring presentations by key management officers followed by a question-and-answer session.

The bank’s management commentary report will be published on October 30, 2026, prior to market opening. A quiet period for investor communications begins on October 16, 2026.

Participants and schedule

The conference call will feature remarks from Patricia Pérez, Chief Financial Officer; Cristian Vicuña, Chief Strategy Officer and Head of Investor Relations; and Andres Sansone, Chief Economist. The session will include a dedicated Q&A segment following the formal presentation.

Balance sheet snapshot

As of June 30, 2026, Banco Santander Chile reported total assets of CLP 70,323,331 million ($76,348 million). The bank’s total gross loans at amortized cost stood at CLP 41,426,628 million ($44,976 million), while total deposits reached CLP 32,390,791 million ($35,166 million).

Shareholders’ equity was recorded at CLP 4,974,214 million ($5,400 million). The bank maintains a BIS capital ratio of 16.6% and a core capital ratio of 11.1%. Operational infrastructure includes 224 branches across Chile and a workforce of 8,315 employees.

Credit ratings

Banco Santander Chile holds high-risk ratings in Latin America, all with stable outlooks as of the report date:

• Moody’s: A2
• Standard & Poor’s: A-
• Japan Credit Rating Agency: A+
• HR Ratings: AA-

Banco Santander Chile (NYSE: BSAC) reported net income attributable to shareholders of 382.6 billion pesos for the second quarter of 2026, marking a 40% increase both quarter-on-quarter and year-on-year.

The bank delivered a return on average equity (ROE) of 31.5% in the quarter, significantly outperforming its long-term target of above 20%. Full-year 2026 ROE guidance was raised to above 24%, supported by higher inflation tailwinds and improved efficiency metrics.

Financial Performance

Net interest income combined with readjustments reached 1.11 trillion pesos in the first half of 2026, rising 7.4% year-on-year and 27% quarter-on-quarter. The quarterly net interest margin (NIM) stood at 4.7%, driven by a UF variation of 2.46% during the period of high inflation. Year-to-date NIM expanded by 89 basis points quarter-on-quarter to 4.3%.

Non-interest income, comprising fees and financial transactions, totaled 452 billion pesos for the first half, up 4.9% year-on-year. While total fees remained broadly stable, results from financial transactions increased 16%, supported by market-related income and portfolio sales.

Balance Sheet & Asset Quality

Total loans reached 41.4 trillion pesos, growing 1.3% quarter-on-quarter. Mortgage loans expanded 2.0%, aided by inflation impacts and improved origination trends. Auto loans grew 1.8% in the quarter and 4.9% year-to-date. Total deposits rose to 32.4 trillion pesos, with time deposits driving an 11.8% year-to-date increase.

Asset quality remained stable with a cost of risk of 1.38% year-to-date. The quarterly cost of risk decreased to 1.22% from 1.55% in the first quarter, following the reversal of a one-off provisioning event. Non-performing loans (NPLs) stood at 3.4% of total loans.

What the Numbers Show

High inflation acted as a primary profitability driver in Q2. The UF variation of 2.46% directly supported net readjustment income, allowing the bank to achieve a quarterly NIM of 4.7% despite a stable monetary policy rate of 4.5%. This inflationary boost, combined with an efficiency ratio of 31.6% (the lowest in the industry), enabled the 31.5% ROE, which is more than 11 percentage points above the long-term target of 20%.

Outlook & Regulatory Environment

Management expects loan growth to remain in the mid-single digits for 2026, potentially accelerating to high single digits in 2027. The efficiency ratio is projected to improve into the low 30s for the full year.

Regulatory developments include the passage of the National Reconstruction Plan, featuring a gradual corporate tax rate reduction from 27% to 23% between 2027 and 2029. Additionally, the extension of mortgage interest rate subsidies to 80,000 units is expected to support housing demand and mortgage origination.