Banco Santander-Chile Q2 2025 Financial Performance

SEC Filing 6-K (0001027552-25-000138)

Banco Santander-Chile reported a strong financial performance for the second quarter of 2025, with a Return on Average Equity (ROAE) of 24.5%, marking the fifth consecutive quarter with ROAE above 20%. The bank's net income attributable to shareholders reached $550 billion, a 62.8% increase year-over-year. Key drivers of this performance include a 22.0% increase in operating income, driven by higher net interest and readjustment income, as well as increased fees and financial transaction results. The bank's Net Interest Margin (NIM) improved to 4.1%, supported by a lower funding cost due to a reduced monetary policy rate. Additionally, the bank's customer base expanded by 11.5% year-over-year, with digital customers growing by 7.9%. The bank also maintained a solid CET1 ratio of 10.9% and a Basel III ratio of 17.0%.