Santander Chile Shakes Off Lower Interest Rates in 1Q
Narrow-moat-rated Banco Santander Chile got off to a good start to 2017 by earning CLP 143 billion in the first quarter, a year-over-year increase of 13.5% and a sequential increase of 30%. The company benefited from higher revenue and muted expense growth across the board. Specifically, Santander Chile was able to improve its efficiency ratio to 40% from 41.6% a year before. However, decreasing credit costs were likely the biggest contributor to improved earnings. Provisions decreased 5.2% sequ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.