13 Best Performing Bank Stocks So Far In 2025

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8. Banco Santander-Chile (NYSE:BSAC)

Year-to-Date Performance: 21.65%

Number of Hedge Fund Holders: N/A

Banco Santander-Chile (NYSE:BSAC), a subsidiary of the Santander Group, is the largest bank in Chile in terms of total assets and loans. The bank provides a wide range of commercial and retail banking services, including loans in Chilean pesos and foreign currencies. In addition to its traditional banking operations, Banco Santander-Chile (NYSE:BSAC) offers a range of financial services like financial leasing, advisory services, and investment management. BSAC is one of the best-performing stocks in the banking industry.

Between 2023 and 2026, the company committed to invest more than $450 million in infrastructure and technology. Banco Santander-Chile (NYSE:BSAC) is strategically growing its customer base with a strong focus on digital services. In the fourth quarter of 2024, the company reported a year-over-year increase of 6.4% in total customers. The customer base reached about 4.3 million and more than 2.2 million out of them were digital customers. Digital customers accounted for 88% of the company’s active customers. In current accounts, Banco Santander-Chile (NYSE:BSAC) reported a strong market share of 23.2% as of October 2024. This is driven by the demand for US dollar accounts that can be opened digitally by the company’s customers.

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