Banco Santander Chile's (BSAC) stock soared 5.04% during intraday trading on Thursday, driven by the release of its first-quarter 2026 financial results and a shareholder-approved dividend.

The bank reported earnings of $0.63 per ADR for the quarter, surpassing the analyst consensus estimate of $0.62. While quarterly sales of $782.088 million fell short of expectations, investors responded positively to the earnings beat and the company's announcement that it will distribute 60% of its 2025 profits as a cash dividend.

The earnings report highlighted a solid financial performance, with a return on average equity (ROAE) of 23.0% and a 7.0% quarter-over-quarter increase in net income attributable to shareholders. The bank also reported growth in its customer base and an improved efficiency ratio, contributing to the positive market sentiment.