|
|
Article: Banco Santander Chile Announces Third Quarter 2008 Earnings.(Financial report)
- Article from:
- PR Newswire Europe
- Article date:
- October 29, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SANTIAGO, Chile, October 29 /PRNewswire/ --
Banco Santander Chile (NYSE: SAN; SSE: Bsantander) announced today its unaudited results for the third quarter of 2008. These results are reported on a consolidated basis in accordance with Chilean GAAP(1)(2)(3) in nominal Chilean pesos.
In 3Q08, net income attributable to shareholders totaled Ch$96,497 million (Ch$0.51 per share and US$0.96/ADR), increasing 23.0% QoQ and 13.3% YoY.
Core revenues, that is, net interest income plus fee income, increased 11.5% QoQ and 24.0% YoY. These strong operating trends were partially offset by a larger loss from price level restatement and higher operating costs ...