Banco Santander-Chile: Q3 Earnings Snapshot

SANTIAGO, Chile (AP) — SANTIAGO, Chile (AP) — Banco Santander-Chile (BSAC) on Friday reported third-quarter earnings of $355.8 million.

The Santiago, Chile-based bank said it had earnings of 52 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The financial holding company posted revenue of $1.49 billion in the period. Its revenue net of interest expense was $961.3 million.

Banco Santander-Chile shares have increased 1% since the beginning of the year. The stock has risen 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSAC at https://www.zacks.com/ap/BSAC