Banco Santander Chile reached return on average equity of 16.8% in Q1

Banco Santander Chile announced its unaudited results for the three month period ended March 31, 2020 and first quarter 2020 (1Q20). The Bank announced a return on average equity (ROAE) of 16.8% reached in the first quarter of 2020. The net income attributable to shareholders increased 23.4% QoQ and 14.8% YoY, totalling Ch$ 144,014 million ($172.07 million).

Source: Global News Wire