Banco Santander-Chile (SNSE:BSANTANDER)

Banco Santander-Chile Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	3,620,583	3,872,573	2,850,175	1,617,797	1,707,515
Interest Paid on Deposits	2,115,842	3,130,089	2,247,808	-193,113	75,297
Net Interest Income	1,504,741	742,484	602,367	1,810,910	1,632,218
Net Interest Income Growth (YoY)	102.66%	23.26%	-66.74%	10.95%	15.19%
Income From Trading Activities	85,013	91,761	78,191	-28,602	43,246
Gain (Loss) on Sale of Assets	-8,311	13,558	6,223	2,297	2,326
Gain (Loss) on Sale of Investments	-37,068	-120,934	-1,628	22,199	47,554
Gain (Loss) on Sale of Equity Investments	10,436	8,763	10,310	-475	1,388
Other Non-Interest Income	1,068,059	1,214,768	1,549,736	460,240	288,511
Total Non-Interest Income	1,118,129	1,207,916	1,642,832	455,659	383,025
Non-Interest Income Growth (YoY)	-7.43%	-26.47%	260.54%	18.96%	-22.44%
Revenues Before Loan Losses	2,622,870	1,950,400	2,245,199	2,266,569	2,015,243
Provision for Loan Losses	525,831	473,592	370,727	291,228	477,761
Revenue	2,097,039	1,476,808	1,874,472	1,975,341	1,537,482
Revenue Growth (YoY)	42.00%	-21.21%	-5.11%	28.48%	-3.15%
Salaries and Employee Benefits	398,819	410,156	415,977	397,990	410,259
Occupancy Expenses	141,435	143,762	129,993	122,055	109,426
Selling, General & Administrative	366,431	320,040	306,941	277,921	246,642
Other Non-Interest Expense	114,739	34,909	109,625	102,835	68,557
Total Non-Interest Expense	1,021,424	908,867	962,536	900,801	834,884
EBT Excluding Unusual Items	1,075,615	567,941	911,936	1,074,540	702,598
Asset Writedown	-1,295	-1,912	-	-	-638
Legal Settlements	-	1,081	1,210	-493	-330
Other Unusual Items	-	-	-	-	-6,622
Pretax Income	1,074,320	567,155	913,287	1,074,092	695,263
Income Tax Expense	209,811	56,341	89,430	221,664	142,533
Earnings From Continuing Operations	864,509	510,814	823,857	852,428	552,730
Minority Interest in Earnings	-6,886	-14,410	-15,206	-9,961	-5,116
Net Income	857,623	496,404	808,651	842,467	547,614
Net Income to Common	857,623	496,404	808,651	842,467	547,614
Net Income Growth	72.77%	-38.61%	-4.01%	53.84%	-11.55%
Basic Shares Outstanding	188,446	188,446	188,446	188,446	188,446
Diluted Shares Outstanding	188,446	188,446	188,446	188,446	188,446
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	4.55	2.63	4.29	4.47	2.91
EPS (Diluted)	4.55	2.63	4.29	4.47	2.91
EPS Growth	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%	9.93%	9.79%	20.64%	20.50%

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