v3.25.4
Non-Controlling Interest
 12 Months Ended
Dec. 31, 2025
Non-Controlling Interest [Abstract]  
Non-Controlling Interest NON-CONTROLLING INTEREST
The non-controlling interest included in the equity and the income from the Bank’s subsidiaries is summarised as follows:
Other comprehensive income
As of December 31, 2025Non-
controlling		Equity Income Debt instruments
at FVOCI		Deferred tax Total other
comprehensive
income		Comprehensive
income
 %MCh$ MCh$ MCh$MCh$ MCh$MCh$
Subsidiaries
Santander Corredora de Seguros Limitada0.25 57 7 - - - 7 
Santander Corredores de Bolsa Limitada49.00 31,752 1,750 564 (152)412 2,162 
Santander Asesorías Financieras Limitada0.97 160 43 - - - 43 
Santander S.A. Sociedad Securitizadora0.36 4 (1)- - - (1)
Klare Corredora de Seguros S.A.- - - - - - - 
Santander Consumer Chile S.A.49.00 76,350 13,996 - - - 13,996 
Subtotal 108,323 15,795 564 (152)412 16,207 
       
Santander Gestión de Recaudación y Cobranzas Limitada100.00 9,550 564 - - - 564 
Bansa Santander S.A.100.00 - - - - - - 
Multiplica Spa100.00 2,069 44    44 
PagoNXT Payments Chile SpA100.00 - - - - - - 
Subtotal 11,619 608 - - - 608 
       
Total 119,942 16,403 564 (152)412 16,815 
Other comprehensive income
As of December 31, 2024Non-
controlling		EquityIncomeDebt instruments
at FVOCI		Deferred taxTotal other
comprehensive
income		Comprehensive
income
%MCh$MCh$MCh$MCh$MCh$MCh$
Subsidiaries
Santander Corredora de Seguros Limitada0.25 51 5 - - - 5 
Santander Corredores de Bolsa Limitada49.00 29,595 2,036 3 (1)2 2,038 
Santander Asesorías Financieras Limitada0.97 117 82 - - - 82 
Santander S.A. Sociedad Securitizadora0.36 1 - - - - - 
Klare Corredora de Seguros S.A.- - (975)- - - (975)
Santander Consumer Chile S.A.49.00 62,353 4,932 - - - 4,932 
Subtotal 92,117 6,080 3 (1)2 6,082 
Santander Gestión de Recaudación y Cobranzas Limitada100.00 8,986 468 - - - 468 
Bansa Santander S.A.100.00 - 727 - - - 727 
Multiplica Spa100.00 2,026 (503)- - - (503)
PagoNXT Payments Chile SpA100.00 1,265 114 114 
Subtotal 12,277 806 - - - 806 
Total 104,394 6,886 3 (1)2 6,888 
NOTE 22 - NON-CONTROLLING INTEREST, continued
Other comprehensive income
As of December 31, 2023Non-controllingEquityIncomeDebt instruments
at FVOCI		Deferred taxTotal other
comprehensive
income		Comprehensive
income
%MCh$MCh$MCh$MCh$MCh$MCh$
Subsidiaries
Santander Corredora de Seguros Limitada0.25 45 21 - - - 21 
Santander Corredores de Bolsa Limitada49.00 27,557 2,050 1,109 (299)810 2,860 
Santander Asesorías Financieras Limitada0.97 35 31 - - - 31 
Santander S.A. Sociedad Securitizadora0.36 2 (1)- - - (1)
Klare Corredora de Seguros S.A.49.90 (858)(1,213)- - - (1,213)
Santander Consumer Chile S.A.49.00 57,420 8,148 - - - 8,148 
Subtotal 84,201 9,036 1,109 (299)810 9,846 
Santander Gestión de Recaudación y Cobranzas Limitada100.00 8,518 1,530 - - - 1,530 
Bansa Santander S.A.100.00 28,336 4,087 - - - 4,087 
Multiplica Spa100.00 2,529 (682)- - - (682)
PagoNXT Payments Chile SpA100.00 1,151 439 439 
Subtotal 40,534 5,374 - - - 5,374 
Total 124,735 14,410 1,109 (299)810 15,220 
The overview of the financial information of the subsidiaries included in the consolidation of the Bank that possess non-controlling interests is as follows, which does not include consolidation or conforming accounting policy adjustments:
As of December 31,
202520242023
AssetsLiabilitiesCapitalNet
income		AssetsLiabilitiesCapitalNet
income		AssetsLiabilitiesCapitalNet
income
MCh$MCh$MCh$MCh$ MCh$MCh$MCh$MCh$ MCh$MCh$MCh$MCh$
Santander Corredora de Seguros Limitada34,421 11,775 19,994 2,652 32,876 12,878 17,861 2,137 31,758 13,895 9,576 8,287 
Santander Corredores de Bolsa Limitada179,219 114,418 61,230 3,571 92,155 31,758 56,243 4,154 99,325 43,087 52,054 4,184 
Santander Asesorias Financieras Limitada17,770 1,241 12,086 4,443 15,295 3,205 3,582 8,508 5,023 1,442 354 3,227 
Santander S.A. Sociedad Securitizadora1,327 325 1,170 (168)722 326 534 (138)879 345 709 (175)
Klare Corredora de Seguros S.A.– – – – – – 1,955 (1,955)1,891 3,610 713 (2,432)
Santander Consumer Chile S.A.1,056,093 900,277 127,251 28,565 1,049,387 922,136 117,183 10,068 923,790 806,607 100,555 16,628 
Santander Gestión de Recaudación y Cobranzas Ltda.12,451 2,901 8,986 564 11,429 2,443 8,518 468 11,273 2,755 6,988 1,530 
Bansa Santander S.A.– – – – – – (727)727 292,937 264,601 24,249 4,087 
Multiplica Spa2,917 848 2,025 44 2,883 857 2,529 (503)3,518 989 3,211 (682)
PagoNXT Payments Chile SpA– – – – 2,382 1,117 1,151 114 2,290 1,139 712 439 
Total1,304,198 1,031,785 232,742 39,671 1,207,129 974,720 208,829 23,580 1,372,684 1,138,470 199,121 35,093