MetaCap

Banco Macro S.A. (BMA) vs Banco Santander - Chile (BSAC)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Banco Macro S.A. (BMA) has outperformed Banco Santander - Chile (BSAC) over the past year, gaining 55.0% versus a gain of 21.6%. Over five years, BMA leads with a +281.2% price change compared with +83.8% for BSAC. Banco Santander - Chile is the larger company by market cap ($14.91 billion vs $4.21 billion), about 3.5 times the size.

On valuation, Banco Macro S.A. trades at a lower forward P/E (5.9x vs 10.4x for Banco Santander - Chile).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BMA+54.97%BSAC+21.55%
+153%+73%-7%
Oct 7, 20251 yearOct 7, 2026
BMA+298.25%BSAC+63.77%
+619%+275%-69%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BMA versus BSAC key metrics
MetricBMABSAC
Share price$65.91$31.64
Market cap$4.21B$14.91B
1-day change-3.85%-1.46%
YTD return-26.90%+1.70%
1-year return+54.97%+21.55%
5-year return+281.20%+83.85%
P/E ratio (TTM)13.4812.22
Forward P/E5.8610.42
EPS (TTM)$4.89$2.59
Dividend yield6.64%4.61%
Annual dividend$0.00$0.00
52-week high$106.15$37.72
52-week low$45.55$26.27
Distance from 52-week high-37.91%-16.12%
Analyst consensusbuyhold
Avg. price target upside+70.22%+10.46%
Average volume292.26K309.66K
Shares outstanding62.82M471.12M
Employees8,1808,526
SectorFinanceFinance
IndustryCommercial BanksCommercial Banks

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Banco Santander - Chile is about 3.5 times larger than Banco Macro S.A. by market value ($14.91B vs $4.21B).
  • BMA has outperformed BSAC by 33.4 percentage points over the past year.
  • Banco Macro S.A. offers a meaningfully higher dividend yield (6.64% vs 4.61%).

About Banco Macro S.A.

BMA stock →

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina.

Finance · Commercial Banks · 8,180 employees

About Banco Santander - Chile

BSAC stock →

Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail, Wealth Management & Insurance, Middle-Market, Corporate and Investment Banking, and Corporate Activities and Other segments.

Finance · Commercial Banks · 8,526 employees

BMA vs BSAC FAQ

Which is bigger, Banco Macro S.A. or Banco Santander - Chile?

Banco Santander - Chile (BSAC) is larger, with a market capitalization of $14.91B compared with $4.21B for Banco Macro S.A. (BMA).

Which stock has performed better over the past year, BMA or BSAC?

BMA returned +54.97% over the past 12 months, compared with +21.55% for BSAC (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BMA or BSAC?

BSAC has the lower trailing P/E at 12.2, versus 13.5 for BMA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Banco Macro S.A. or Banco Santander - Chile?

Banco Macro S.A. has the higher yield at 6.64%, compared with 4.61% for Banco Santander - Chile.

Are Banco Macro S.A. and Banco Santander - Chile in the same industry?

Yes. Both are classified in the Commercial Banks industry within the Finance sector.

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