BSAC vs. CBOE: A Head-to-Head Stock Comparison

Updated on August 21, 2025

Here’s a clear look at BSAC and CBOE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

BSAC trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, CBOE is a standard domestic listing.

Symbol	BSAC	CBOE
Company Name	Banco Santander-Chile	Cboe Global Markets, Inc.
Country	Chile	United States
GICS Sector	Financials	Financials
GICS Industry	Banks	Capital Markets
Market Capitalization	11.56 billion USD	25.67 billion USD
Exchange	NYSE	Cboe US
Listing Date	October 31, 1994	June 15, 2010
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of BSAC and CBOE by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

BSAC vs. CBOE: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	BSAC	CBOE
5-Day Price Return	1.78%	-1.63%
13-Week Price Return	0.68%	10.99%
26-Week Price Return	11.31%	18.57%
52-Week Price Return	31.29%	20.53%
Month-to-Date Return	2.62%	1.82%
Year-to-Date Return	21.88%	25.60%
10-Day Avg. Volume	92.83M	0.22M
3-Month Avg. Volume	140.79M	0.28M
3-Month Volatility	16.43%	21.41%
Beta	1.07	0.44

Profitability

Return on Equity (TTM)

BSAC

24.56%

Banks Industry

Max: 26.37%
Q3: 15.92%
Median: 12.25%
Q1: 8.69%
Min: 0.15%

In the upper quartile for the Banks industry, BSAC’s Return on Equity of 24.56% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

CBOE

20.46%

Capital Markets Industry

Max: 38.97%
Q3: 21.61%
Median: 13.77%
Q1: 8.31%
Min: -4.25%

CBOE’s Return on Equity of 20.46% is on par with the norm for the Capital Markets industry, indicating its profitability relative to shareholder equity is typical for the sector.

BSAC vs. CBOE: A comparison of their Return on Equity (TTM) against their respective Banks and Capital Markets industry benchmarks.

Net Profit Margin (TTM)

BSAC

19.02%

Banks Industry

Max: 54.20%
Q3: 35.70%
Median: 28.97%
Q1: 22.53%
Min: 6.98%

Falling into the lower quartile for the Banks industry, BSAC’s Net Profit Margin of 19.02% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

CBOE

19.88%

Capital Markets Industry

Max: 66.67%
Q3: 35.11%
Median: 23.49%
Q1: 13.63%
Min: -15.18%

CBOE’s Net Profit Margin of 19.88% is aligned with the median group of its peers in the Capital Markets industry. This indicates its ability to convert revenue into profit is typical for the sector.

BSAC vs. CBOE: A comparison of their Net Profit Margin (TTM) against their respective Banks and Capital Markets industry benchmarks.

Operating Profit Margin (TTM)

BSAC

20.34%

Banks Industry

Max: 63.35%
Q3: 44.59%
Median: 37.24%
Q1: 28.25%
Min: 13.37%

BSAC’s Operating Profit Margin of 20.34% is in the lower quartile for the Banks industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

CBOE

28.40%

Capital Markets Industry

Max: 86.40%
Q3: 46.46%
Median: 32.80%
Q1: 18.32%
Min: -21.87%

CBOE’s Operating Profit Margin of 28.40% is around the midpoint for the Capital Markets industry, indicating that its efficiency in managing core business operations is typical for the sector.

BSAC vs. CBOE: A comparison of their Operating Profit Margin (TTM) against their respective Banks and Capital Markets industry benchmarks.

Profitability at a Glance

Symbol	BSAC	CBOE
Return on Equity (TTM)	24.56%	20.46%
Return on Assets (TTM)	1.60%	10.53%
Net Profit Margin (TTM)	19.02%	19.88%
Operating Profit Margin (TTM)	20.34%	28.40%
Gross Profit Margin (TTM)	--	48.74%

Financial Strength

Current Ratio (MRQ)

BSAC

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

CBOE

1.57

Capital Markets Industry

Max: 3.76
Q3: 1.89
Median: 1.01
Q1: 0.54
Min: -0.41

For the Capital Markets industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

BSAC vs. CBOE: A comparison of their Current Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Debt-to-Equity Ratio (MRQ)

BSAC

3.83

Banks Industry

Max: 4.75
Q3: 2.62
Median: 1.02
Q1: 0.39
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

CBOE

0.31

Capital Markets Industry

Max: 6.62
Q3: 2.84
Median: 1.02
Q1: 0.32
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Capital Markets industry.

BSAC vs. CBOE: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Interest Coverage Ratio (TTM)

BSAC

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

CBOE

120.05

Capital Markets Industry

Max: 126.03
Q3: 60.98
Median: 11.77
Q1: 4.95
Min: -36.26

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Capital Markets industry.

BSAC vs. CBOE: A comparison of their Interest Coverage Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Financial Strength at a Glance

Symbol	BSAC	CBOE
Current Ratio (MRQ)	--	1.57
Quick Ratio (MRQ)	--	1.57
Debt-to-Equity Ratio (MRQ)	3.83	0.31
Interest Coverage Ratio (TTM)	--	120.05

Growth

Revenue Growth

BSAC vs. CBOE: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

BSAC vs. CBOE: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

BSAC

5.53%

Banks Industry

Max: 10.27%
Q3: 5.83%
Median: 3.81%
Q1: 2.50%
Min: 0.00%

BSAC’s Dividend Yield of 5.53% is consistent with its peers in the Banks industry, providing a dividend return that is standard for its sector.

CBOE

1.06%

Capital Markets Industry

Max: 10.26%
Q3: 4.86%
Median: 2.78%
Q1: 1.22%
Min: 0.00%

CBOE’s Dividend Yield of 1.06% is in the lower quartile for the Capital Markets industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

BSAC vs. CBOE: A comparison of their Dividend Yield (TTM) against their respective Banks and Capital Markets industry benchmarks.

Dividend Payout Ratio (TTM)

BSAC

220.26%

Banks Industry

Max: 147.07%
Q3: 80.55%
Median: 54.40%
Q1: 35.71%
Min: 0.00%

At 220.26%, BSAC’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Banks industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

CBOE

29.48%

Capital Markets Industry

Max: 200.72%
Q3: 101.92%
Median: 57.97%
Q1: 32.36%
Min: 0.00%

CBOE’s Dividend Payout Ratio of 29.48% is in the lower quartile for the Capital Markets industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

BSAC vs. CBOE: A comparison of their Dividend Payout Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Dividend at a Glance

Symbol	BSAC	CBOE
Dividend Yield (TTM)	5.53%	1.06%
Dividend Payout Ratio (TTM)	220.26%	29.48%

Valuation

Price-to-Earnings Ratio (TTM)

BSAC

10.15

Banks Industry

Max: 20.05
Q3: 12.65
Median: 10.21
Q1: 7.54
Min: 2.74

BSAC’s P/E Ratio of 10.15 is within the middle range for the Banks industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

CBOE

27.74

Capital Markets Industry

Max: 58.89
Q3: 31.00
Median: 18.54
Q1: 12.09
Min: 5.24

CBOE’s P/E Ratio of 27.74 is within the middle range for the Capital Markets industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

BSAC vs. CBOE: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Price-to-Sales Ratio (TTM)

BSAC

3.42

Banks Industry

Max: 5.06
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

CBOE

5.51

Capital Markets Industry

Max: 14.49
Q3: 7.41
Median: 4.68
Q1: 2.25
Min: 0.04

CBOE’s P/S Ratio of 5.51 aligns with the market consensus for the Capital Markets industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BSAC vs. CBOE: A comparison of their Price-to-Sales Ratio (TTM) against their respective Banks and Capital Markets industry benchmarks.

Price-to-Book Ratio (MRQ)

BSAC

2.44

Banks Industry

Max: 2.18
Q3: 1.36
Median: 1.09
Q1: 0.81
Min: 0.20

At 2.44, BSAC’s P/B Ratio is at an extreme premium to the Banks industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

CBOE

5.23

Capital Markets Industry

Max: 9.48
Q3: 4.94
Median: 2.42
Q1: 1.21
Min: 0.38

CBOE’s P/B Ratio of 5.23 is in the upper tier for the Capital Markets industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

BSAC vs. CBOE: A comparison of their Price-to-Book Ratio (MRQ) against their respective Banks and Capital Markets industry benchmarks.

Valuation at a Glance

Symbol	BSAC	CBOE
Price-to-Earnings Ratio (TTM)	10.15	27.74
Price-to-Sales Ratio (TTM)	3.42	5.51
Price-to-Book Ratio (MRQ)	2.44	5.23
Price-to-Free Cash Flow Ratio (TTM)	6.50	20.62