Banco Santander-Chile (SNSE: BSANTANDER)

Banco Santander-Chile Income Statement

Financials in millions CLP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	-	-	3,872,573	2,850,175	1,617,797	1,707,515
Interest Paid on Deposits	-	-	3,130,089	2,247,808	-193,113	75,297
Net Interest Income	1,818,303	1,818,303	742,484	602,367	1,810,910	1,632,218
Net Interest Income Growth (YoY)	144.89%	144.89%	23.26%	-66.74%	10.95%	15.19%
Income From Trading Activities	-	-	91,761	78,191	-28,602	43,246
Gain (Loss) on Sale of Assets	-	-	13,558	6,223	2,297	2,326
Gain (Loss) on Sale of Investments	247,328	247,328	-120,934	-1,628	22,199	47,554
Gain (Loss) on Sale of Equity Investments	-	-	8,763	10,310	-475	1,388
Other Non-Interest Income	547,066	547,066	1,214,768	1,549,736	460,240	288,511
Total Non-Interest Income	794,394	794,394	1,207,916	1,642,832	455,659	383,025
Non-Interest Income Growth (YoY)	-34.23%	-34.23%	-26.47%	260.54%	18.96%	-22.44%
Revenues Before Loan Losses	2,612,697	2,612,697	1,950,400	2,245,199	2,266,569	2,015,243
Provision for Loan Losses	525,831	525,831	473,592	370,727	291,228	477,761
Revenue	2,086,866	2,086,866	1,476,808	1,874,472	1,975,341	1,537,482
Revenue Growth (YoY)	41.31%	41.31%	-21.21%	-5.11%	28.48%	-3.15%
Salaries and Employee Benefits	-	-	410,156	415,977	397,990	410,259
Occupancy Expenses	-	-	143,762	129,993	122,055	109,426
Selling, General & Administrative	906,685	906,685	320,040	306,941	277,921	246,642
Other Non-Interest Expense	105,861	105,861	32,747	107,205	102,835	68,557
Total Non-Interest Expense	1,012,546	1,012,546	906,705	960,116	900,801	834,884
EBT Excluding Unusual Items	1,074,320	1,074,320	570,103	914,356	1,074,540	702,598
Asset Writedown	-	-	-1,912	-	-	-638
Legal Settlements	-	-	-1,081	-1,210	-493	-330
Other Unusual Items	-	-	-	-	-	-6,622
Pretax Income	1,074,320	1,074,320	567,155	913,287	1,074,092	695,263
Income Tax Expense	209,811	209,811	56,341	89,430	221,664	142,533
Earnings From Continuing Operations	864,509	864,509	510,814	823,857	852,428	552,730
Minority Interest in Earnings	-6,886	-6,886	-14,410	-15,206	-9,961	-5,116
Net Income	857,623	857,623	496,404	808,651	842,467	547,614
Net Income to Common	857,623	857,623	496,404	808,651	842,467	547,614
Net Income Growth	72.77%	72.77%	-38.61%	-4.01%	53.84%	-11.55%
Basic Shares Outstanding	188,446	188,446	188,446	188,446	188,446	188,446
Diluted Shares Outstanding	188,446	188,446	188,446	188,446	188,446	188,446
EPS (Basic)	4.55	4.55	2.63	4.29	4.47	2.91
EPS (Diluted)	4.55	4.55	2.63	4.29	4.47	2.91
EPS Growth	73.04%	73.04%	-38.69%	-4.04%	53.84%	-11.54%
Dividend Per Share	-	-	1.844	2.575	2.467	1.647
Dividend Growth	-	-	-28.38%	4.37%	49.79%	-6.31%
Effective Tax Rate	19.53%	19.53%	9.93%	9.79%	20.64%	20.50%

Source: S&P Capital IQ. Banks template. Financial Sources.