SAN  Banco Santiago S.a.

Exchange

NYSE

Sector

Finance

Industry

Commercial Banks

Market Cap.

97.83B

Current Price

$6.71
+0.10 (+1.51%)

Book Price

$0.01
Overvalued by 99.89%
Financial Institution

Company Metrics

  • P/E 13.92
  • P/S 2.35
  • P/B 0.91
  • EPS 0.48
  • Dividend 0.24 / 3.48%
  • Avg. Vol. 7.69M
  • Shares 14.58B
  • Market Cap. 97.83B

Company Description

Banco Santander-Chile provides commercial and retail banking services to corporate and individual customers in Chile. It offers time and demand deposits, checking accounts, and debit card accounts; and peso and foreign currency denominated loans to finance a variety of commercial transactions, trade, foreign currency forward contracts, and credit lines. The company also provides consumer loans, au... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

Were Analysts Bullish Banco Santander, SA (ADR) (NYSE:SAN) This Week?
WeeklyHub - 13 hours ago
Among 11 analysts covering Banco Santander (NYSE:SAN), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Banco Santander had 16 analyst reports since July 31, 2015 according to SRatingsIntel.
EPS for Banco Santander Brasil SA (ADR) (BSBR) Expected At $0.14 - Finance News Daily
Banco Santander Brasil SA (ADR) (BSBR) Analysts See $0.14 EPS - Weekly Register
Stocks Intraday Alert – Banco Santander, SA (ADR) (NYSE:SAN), KKR & Co. LP ...
Stock Watch - 12 hours ago
Banco Santander, S.A. (ADR) (NYSE:SAN) traded at a yearly high level of $6.99 during the last trading session.
Wall Street's M&A Chatter From June 7: Banco Santander, Staples, Allergan ...
Benzinga - Jun 8, 2017
Banco Santander, S.A. (ADR) (NYSE: SAN) announced it has acquired 100 percent of the share capital of Banco Popular Español, S.A.
Is Banco Santander, SA (ADR) (SAN) A Good Stock To Buy?
Insider Monkey (blog) - Dec 14, 2016
The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30.
Rating Roundup: Banco Santander, SA (ADR) (NYSE:SAN)
Post Registrar - Feb 10, 2017
Exane BNP Paribas issued rating on the stock of Banco Santander, S.A. (ADR) (NYSE:SAN) in a research note issued to investors on Feb-09-17, the stock received “Downgrade” rating from Outperform to Underperform.
Stocks in Action – Banco Santander, SA (ADR) (NYSE:SAN), BP plc (ADR) (NYSE:BP)
Stock Watch - Jul 24, 2017
Banco Santander, S.A. (ADR) (NYSE:SAN) traded at a yearly high level of $6.99 during the last trading session.
How Analysts Feel About Banco Santander, SA (ADR) (NYSE:SAN)?
Weekly Register - Jul 6, 2017
Among 11 analysts covering Banco Santander (NYSE:SAN), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Banco Santander had 16 analyst reports since July 31, 2015 according to SRatingsIntel.
Hot Stock's Alert: US Bancorp (NYSE:USB), Banco Santander, SA (ADR) (NYSE:SAN)
Stocks In Focus (press release) - Jun 19, 2017
EPS is the portion of a company's profit allocated to each exceptional share of common accretion. EPS serves as a pointer of a company's profitability.
Jarislowsky Fraser LTD Has Cut Its Banco Santander Sa Adr (SAN) Holding ...
HuronReport - Jul 21, 2017
Jarislowsky Fraser Ltd decreased Banco Santander Sa Adr (SAN) stake by 17.4% reported in 2016Q4 SEC filing. Jarislowsky Fraser Ltd sold 116,109 shares as Banco Santander Sa Adr (SAN)'s stock rose 20.33%. The Jarislowsky Fraser Ltd holds 551,299 ...
Today's Brokerage Rating: Cheniere Energy, Inc. (LNG), Intercontinental ... - Newburgh Gazette
Why Snap Inc (SNAP), Goldcorp Inc. (USA) (GG) and Banco Santander Brasil SA ...
Investorplace.com - Mar 28, 2017
Why Snap Inc (SNAP), Goldcorp Inc. (USA) (GG) The rally didn't sweep up every stock, however. Goldcorp Inc. (USA)(NYSE:GG), Snap Inc (NYSE:SNAP) and Banco Santander Brasil SA (ADR) (NYSE:BSBR) couldn't do much of anything right on Tuesday.
Banco Santander Offers Value - Seeking Alpha
Qatar Investment Authority to Sell 40 pct of Santander Brasil Stake - MarketWatch
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for SAN to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate SAN's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

Poor Cash Return on Invested Capital over the past 5 years

SAN has been unable to consistently generate sufficient returns from its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

SAN has only created $- of cash for every $100 invested.
Figures in CLP. Fiscal year ends in December
20122013201420152016
Free Cash Flow - - - - -
divided by
Invested Capital 1.27T 1.12T 1.27T 1.34T 1.34T
Cash ROIC - - - - -

Poor Return on Equity over the past 5 years

SAN has shown an inability to deliver strong results for shareholders. This could be due to poor management, SAN operating in a highly competitive industry, or having a weak business in general.

SAN has only generated $5.79 of Earnings for every $100 of Shareholders' Equity.
Figures in CLP. Fiscal year ends in December
20122013201420152016
Net Income 2.21B 4.37B 5.82B 5.97B 6.20B
divided by
Stockholders' Equity 74.65B 70.59B 80.81B 88.04B 105.98B
Return on Equity 2.95% 6.19% 7.20% 6.78% 5.85%

Poor Business Performance over the past 10 years

SAN's inability to produce positive free cash flow for the majority of the past 10 years is concerning. It should be a red flag, since this company does not have a track record of delivering results for shareholders. This could be due to poor management or the nature of its business.

SAN has been losing money for the majority of the past 10 years.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Free Cash Flow - - - - - - - - - -

Consistent Reinvestment of Profits over the past 10 years

SAN has consistently retained profits. This may put SAN in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, SAN can greatly improve their long-term economic picture.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Retained Earnings 308.61B 642.76B 744.07B 968.51B 1.06T 1.56B 4.37B 5.82B 5.97B 56.16B
Retained Earnings Growth - 108.27% 15.76% 30.16% 8.99% -99.85% 181.03% 33.09% 2.58% 841.28%

Highly Competitive Industry over the past 10 years

It's likely that SAN is in an industry with low barriers to entry, spurring high competition. If Gross Margins are at least satisfactory, it's likely SAN invests heavily in R&D and Sales, General & Administrative expenses.

Only $- of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Net Income 308.75B 331.02B 431.56B 505.39B 435.08B 2.21B 4.37B 5.82B 5.97B 6.20B
divided by
Revenue - - - - - - - - - -
Net Profit Margin - - - - - - - - - -

Weak Pricing Power over the past 10 years

SAN is likely in a highly competitive industry, due to low barriers to entry. It's because of this, that SAN has been unable to raise prices and increase their profitability. This puts them in a poor position if inflation becomes an issue, as they would struggle to pass higher costs onto consumers.

Only $- of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Gross Profit - - - - - - - - - -
divided by
Revenue - - - - - - - - - -
Gross Margin - - - - - - - - - -

Low Capital Intensity over the past 10 years

SAN has consistently used a small portion of their Net Income buying new equipment or investing in new facilities. This indicates that SAN may require minimal investment to stay competitive. This leaves them with extra money to spend on growing their business and potentially buying back stock.

-% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Capital Expenditure - - - - - - - - - -
divided by
Net Income 308.75B 331.02B 431.56B 505.39B 435.08B 2.21B 4.37B 5.82B 5.97B 6.20B
Capital Expenditure Ratio - - - - - - - - - -

Good Dividend History over the past 10 years

SAN has distributed dividends for the past 5 years. Remember, the longer a company's dividend history, the more established the company might be and the more reliable the future of the dividend probably is.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Dividend Paid 198.19B 214.86B 218.55B 258.76B - 1.29B 818.00M 909.00M 1.50B 2.31B
divided by
Shares Outstanding 181.37M 181.37M 181.37M 181.37M - 9.83B 10.89B 11.89B 14.14B 14.46B
Dividend Paid Per Share 2.22 2.40 2.44 2.89 - 0.00 0.00 0.00 0.00 0.00
Price at Year End 42.09 29.65 59.07 90.04 75.70 7.92 9.01 8.51 4.95 5.18
Dividend Yield 5.26% 8.10% 4.14% 3.21% - 0.00% 0.00% 0.00% 0.00% 0.01%

History of Stock Buybacks over the past 10 years

SAN has some history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in CLP. Fiscal year ends in December
2007200820092010201120122013201420152016
Shares Outstanding 181.37M 181.37M 181.37M 181.37M - 9.83B 10.89B 11.89B 14.14B 14.46B
Stock Bought Back - -0.00% 0.00% - - -100.00% -9.69% -8.42% -15.93% -2.21%
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