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Equity
 12 Months Ended
Dec. 31, 2024
Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract]  
Equity EQUITY
a.Capital
As of December 31, 2024 and 2023 the Bank had 188,446,126,794 shares outstanding, all of which are subscribed for and paid in full, amounting to Ch$ 891,303 million. All shares have the same rights and have no preferences or restrictions.
The activity with respect to shares during 2024, 2024 and 2023 was as follows:
SHARES
 As of December 31,
 202420232022
Issued as of January 1188,446,126,794188,446,126,794188,446,126,794
Issuance of paid shares---
Issuance of outstanding shares---
Stock options exercised---
Issued as of December 31,188,446,126,794188,446,126,794188,446,126,794
As of December 31, 2024, 2023 and 2022 the Bank does not have any of its own shares in treasury, nor do any of the consolidated companies.
As of December 31, 2024, the shareholder composition was as follows:
Corporate Name or Shareholder’s NameSharesADRs (*)Total% of
equity holding
Santander Chile Holding S.A.66,822,519,695-66,822,519,69535.46 %
Teatinos Siglo XXI Inversiones S.A.59,770,481,573-59,770,481,57331.72 %
The Bank of New York Mellon 10,622,438,07110,622,438,0715.64 %
Bancos por cuenta de terceros16,842,708,565-16,842,708,5658.94 %
AFP por cuentas de terceros20,794,099,878-20,794,099,87811.03 %
Corredoras de bolsa por cuenta de terceros5,276,952,871-5,276,952,8712.80 %
Otros accionistas minoritarios8,316,926,141-8,316,926,1414.41 %
Total177,823,688,72310,622,438,071188,446,126,794100.00 %
(*)American Depository Receipts (ADR) are certificates issued by a U.S. commercial bank to be traded on the U.S. securities markets.
As of December 31, 2023, the shareholder composition was as follows:
Corporate Name or Shareholder’s NameSharesADRs (*)Total% of
equity holding
Santander Chile Holding S.A.66,822,519,695-66,822,519,69535.46 %
Teatinos Siglo XXI Inversiones S.A.59,770,481,573-59,770,481,57331.72 %
The Bank New York Mellon-12,799,964,87112,799,964,8716.79 %
Banks on behalf of third parties19,416,795,808-19,416,795,80810.30 %
Pension funds (AFP) on behalf of third parties18,392,349,767-18,392,349,7679.76 %
Stock brokers on behalf of third parties5,029,151,233-5,029,151,2332.67 %
Other minority holders6,214,863,847-6,214,863,8473.30 %
Total175,646,161,92312,799,964,871188,446,126,794100.00 %
(*)American Depository Receipts (ADR) are certificates issued by a U.S. commercial bank to be traded on the U.S. securities markets.
NOTE 21 - EQUITY, continued
As of December 31, 2022, the shareholder composition was as follows:
Corporate Name or Shareholder’s NameSharesADRs (*)Total% of
equity holding
Santander Chile Holding S.A.66,822,519,695-66,822,519,69535.46 %
Teatinos Siglo XXI Inversiones S.A.59,770,481,573-59,770,481,57331.72 %
The Bank New York Mellon-19,845,850,87119,845,850,87110.53 %
Banks on behalf of third parties16,841,385,216-16,841,385,2168.94 %
Pension funds (AFP) on behalf of third parties13,742,809,166-13,742,809,1667.29 %
Stock brokers on behalf of third parties6,122,497,451-6,122,497,4513.25 %
Other minority holders5,300,582,822-5,300,582,8222.81 %
Total168,600,275,92319,845,850,871188,446,126,794100.00 %
(*)American Depository Receipts (ADR) are certificates issued by a U.S. commercial bank to be traded on the U.S. securities markets.
b.Dividends
The distribution of dividends is detailed in the Consolidated Statements of Changes in Equity.
c.As of December 31, 2024, 2023 and 2022 the basic and diluted earnings per share were as follows:
 As of December 31,
 202420232022
 MCh$MCh$MCh$
 
a) Basic earnings per share
Total attributable to the shareholders of the Bank852,964 579,427 792,276 
Weighted average number of outstanding shares188,446,126,794188,446,126,794188,446,126,794
Basic earnings per share (in Ch$)4.526 3.075 4.204 
Basic earnings per share from continuing operations (in Ch$)4.526 3.075 4.204 
Basic earnings per share from discontinued operations (in Ch$)- - - 
    
b) Diluted earnings per share   
Total attributable to the shareholders of the Bank852,964 579,427 792,276 
Weighted average number of outstanding shares188,446,126,794188,446,126,794188,446,126,794
Adjusted number of shares188,446,126,794188,446,126,794188,446,126,794
Diluted earnings per share (in Ch$)4.526 3.075 4.204 
Diluted earnings per share from continuing operations (in Ch$)4.526 3.075 4.204 
Diluted earnings per share from discontinued operations (in Ch$)- - - 
As of December 31, 2023, 2022 and 2021 the Bank does not own instruments with dilutive effects.
NOTE 21 - EQUITY, continued
d.Other comprehensive income from available for sale investments and cash flow hedges:
 For the years ended December 31,
 202420232022
 MCh$ MCh$ MCh$
Debt instruments at FVOCI
As of January 1,(89,748)(109,392)(112,223)
Gain (losses) on the re-measurement of debt instruments at FVOCI, before tax67,968 145,257 23,004 
Recycling from other comprehensive income to income for the year- - - 
Net realized gains(45,381)(125,613)(20,173)
Subtotals22,587 19,644 2,831 
Total(67,161)(89,748)(109,392)
    
Cash flow hedges   
As of January 1,84,416 (118,838)(373,581)
Gains (losses) on the re-measurement of cash flow hedges, before tax(126,880)243,366 298,029 
Recycling adjustments on cash flow hedges, before tax(35,337)(40,112)(43,286)
Amounts removed from equity and included in carrying amount of non-financial asset (liability) which acquisition or incurrence was hedged as a highly probable transaction- - - 
Subtotals(162,217)203,254 254,743 
Total(77,801)84,416 (118,838)
    
Other comprehensive income, before taxes(144,962)(5,332)(228,230)
    
Income tax related to other comprehensive income components   
Income tax relating to debt instruments at FVOCI18,133 24,231 29,536 
Income tax relating to cash flow hedges21,006 (22,792)32,086 
Total39,139 1,439 61,622 
    
Other comprehensive income, net of tax(105,823)(3,893)(166,608)
Attributable to:   
Shareholders of the Bank(107,174)(5,242)(167,147)
Non-controlling interest1,351 1,349 539 
The Bank expects that the results included in “Other comprehensive income” will be reclassified to profit or loss when the specific conditions have been met.
e.Other equity instruments issued other than capital
As of December 31, 2024 and 2023 the balance of the perpetual bonds was as follow:
 As of December 31,
 20242023
 MCh$MCh$
Perpetual bond693,382 608,721 
Totals693,382 608,721 
The perpetual bonds were issued on October 2021.
NOTE 21 - EQUITY, continued
Debts classified as current are either demand obligations or will mature in one year or less. All other debts are classified as non-current. The Bank’s debts, both current and non-current, are summarised below:
 As of December 31, 2024As of December 31, 2023
 CurrentNon-currentTotalCurrentNon-currentTotal
 MCh$MCh$MCh$MCh$MCh$MCh$
Perpetual bonds-693,382 693,382 -608,721 608,721 
Total-693,382 693,382 -608,721 608,721 
The detail of perpetual bonds is as follows:
As of December 31,
 20242023
 MCh$MCh$
US$ Bonds693,382 608,721 
Total693,382 608,721 
The terms of the perpetual bonds were as follows:
SeriesCurrencyAmountTerms (years)Interest Rate
(Annual)		Issuance
date		Principal
Amount
USD		Maturity
date
AT1 BondUSD700,000,000-4.6310-21-2021700,000,000-
Total USD 700,000,000   700,000,000 
During 2024 and 2023, no partial bond repurchases have been made.
The movement of the balance of regulatory capital financial instruments issued as of December 31, 2024 and 2023, is as follows:
 202420232022
 MCh$MCh$ MCh$
Balances as of January 01,608,721 590,247 598,136 
New issuances - - 
Accrued inflation adjustment due to UF115,480 - (7,889)
Other movements (discounts, hedges)(30,819)18,474 - 
Balances as of December 31,693,382 608,721 590,247