Goldman Sachs analyst Tito Labarta has maintained a Sell rating on Banco Santander Chile (NYSE: BSAC) while increasing the stock's price target to $33 from the previous $29. The adjustment reflects a revised valuation outlook despite the continued negative stance on the shares.

Rating and Price Target Details

The firm's recommendation remains at Sell, indicating an expectation that the stock will underperform relative to the broader market or its sector peers. The price target increase suggests a recognition of higher intrinsic value or market conditions, though it still implies limited upside potential from current levels.

The revised target provides a new reference point for investors tracking the bank's performance against analyst expectations.

Banco Santander Chile will discuss its second-quarter 2026 financial results during a conference call on Wednesday, August 5, 2026, at 11.00 AM NY time. The call will feature presentations from key executives, including Patricia Pérez, CFO, Cristian Vicuña, Chief Strategy Officer & Head of IR, and Andres Sansone, Chief Economist. A question-and-answer session will follow the presentation.

The Management Commentary report will be published on July 31, 2026, before the market opens. The quiet period for the bank begins on July 17. Investors can access the webcast presentation via a dedicated link or dial in using provided numbers from various countries, including the USA, UK, Chile, and others.

As of March 31, 2026, Banco Santander Chile reported total assets of Ch$ 69,896,903 million (US$ 72,684 million). The bank's total gross loans, including interbank loans at amortized cost, stood at Ch$ 40,898,127 million (US$ 42,529 million), while total deposits were Ch$ 30,993,953 million (US$ 32,230 million). Shareholders' equity was recorded at Ch$ 4,739,335 million (US$ 4,928 million).

The bank's BIS capital ratio was 16.4%, with a core capital ratio of 10.9% as of March 31, 2026. Banco Santander Chile employed 8,355 people and operated 228 branches throughout Chile. The bank holds high risk ratings in Latin America, including an A2 rating from Moody's, A- from Standard & Poor's, and A+ from the Japan Credit Rating Agency, all with stable outlooks.

Key Financial Metrics (as of March 31, 2026)

Investors can contact Cristian Vicuña, Rowena Lambert, or Claudia Villalon for further information. The bank's investor relations office is located at Bandera 140, Floor 20, Santiago, Chile.