NYSE:ITCB

Banco Itaú Chile (ITCB) Stock Forecast, Price & News

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Today's Range: N/A
50-Day Range: $3.30
▼
$3.66
52-Week Range: N/A

Volume: 8,200 shs
Average Volume: 18,664 shs
Market Capitalization: $1.17 billion

P/E Ratio: 4.50
Dividend Yield: 4.94%
Price Target: N/A

Banco Itaú Chile MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.17%
From $0.58 to $0.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Finance Sector

732nd out of 911 stocks

Commercial Banks, Not Elsewhere Classified Industry

27th out of 37 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Banco Itaú Chile.

3.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Banco Itaú Chile have been sold short.
Short Interest Ratio / Days to Cover
Banco Itaú Chile has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Banco Itaú Chile has recently increased by 236.67%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Banco Itaú Chile is a leading dividend payer. It pays a dividend yield of 4.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Banco Itaú Chile does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Banco Itaú Chile is 22.37%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Banco Itaú Chile will have a dividend payout ratio of 27.87% next year. This indicates that Banco Itaú Chile will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ITCB.

1.8

News and Social Media Coverage

News Sentiment
Banco Itaú Chile has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Banco Itaú Chile this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Banco Itaú Chile insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.20% of the stock of Banco Itaú Chile is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Banco Itaú Chile are expected to grow by 5.17% in the coming year, from $0.58 to $0.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Banco Itaú Chile is 4.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of Banco Itaú Chile is 4.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 153.54.

See Top Rated MarketRank™ Stocks Here

About Banco Itaú Chile (NYSE:ITCB) Stock

Banco Itau Chile engages in the provision of banking and financial services. It specializes in banking products such as financing, leasing, loans, insurance and credit cards. It operates through the following geographical segments: Chile and Colombia. The Chile segment consists of commercial and corporate banking, real estate and construction, large companies, retail banking, personal banking, small business, retail companies, Banco Condell consumer banking, international and treasury and other financial services. The Colombia segment offers commercial and retail banking and treasury and international business operations. The company was founded in 1871 and is headquartered in Las Condes, Chile.

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ITCB Stock News Headlines

May 28, 2023 | americanbankingnews.com

Banco Itaú Chile (NYSE:ITCB) Research Coverage Started at StockNews.com

May 25, 2023 | benzinga.com

Banco Itaú Chile Files Material Event Notice to announce the compensation per share applicable to the Reverse Stock Split

May 28, 2023 | Behind the Markets (Ad)

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May 21, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on Banco Itaú Chile (NYSE:ITCB)

May 17, 2023 | americanbankingnews.com

Comparing Banco Itaú Chile (NYSE:ITCB) and Friendly Hills Bancorp (OTCMKTS:FHLB)

May 11, 2023 | americanbankingnews.com

Banco Itaú Chile (NYSE:ITCB) Earns Hold Rating from Analysts at StockNews.com

May 6, 2023 | barrons.com

Banco Itau Chile ADR

April 28, 2023 | finance.yahoo.com

Banco Itaú Chile Announces First Quarter 2023 Management Discussion & Analysis Report

May 28, 2023 | Behind the Markets (Ad)

NOTICE: Your retirement is in immediate danger

April 27, 2023 | finance.yahoo.com

Banco Itaú Chile files 2022 Annual Report on Form 20-F

April 27, 2023 | americanbankingnews.com

Itaú Corpbanca (ITCB) Set to Announce Earnings on Friday

April 22, 2023 | americanbankingnews.com

Itaú Corpbanca (NYSE:ITCB) Sees Strong Trading Volume

April 21, 2023 | finance.yahoo.com

Note to the Market | Banco Itaú Chile | Change in Ticker Symbol | New York Stock Exchange for American Depositary Shares

April 20, 2023 | finance.yahoo.com

Banco Itaú Chile Files Material Event Notice announcing 2023 Annual General Shareholder’s Meeting Approvals

April 20, 2023 | americanbankingnews.com

Itaú Corpbanca (NYSE:ITCB) Shares Gap Down to $3.64

April 18, 2023 | finance.yahoo.com

Note to Market | NYSE Ticker Change

April 15, 2023 | americanbankingnews.com

Itaú Corpbanca (NYSE:ITCB) Sees Unusually-High Trading Volume

April 11, 2023 | finance.yahoo.com

Banco Itaú Chile Files Material Event Notice announcing the Placement of Bonds in the local market

April 8, 2023 | msn.com

Itau Corpbanca (ITCB) Declares $0.25 Dividend

April 8, 2023 | nasdaq.com

Itau CorpBanca American Depositary Shares (each representing 1,500 shares of Common Stock, no par value) (ITCB)

April 6, 2023 | finance.yahoo.com

Itaú Corpbanca Schedules First Quarter 2023 Financial Results, Conference Call and Webcast

March 28, 2023 | finance.yahoo.com

Itaú Corpbanca Files Material Event Notice to announce Dividend Distribution Proposal

March 28, 2023 | finance.yahoo.com

Itaú Corpbanca Files Material Event Notice to announce CMF Approval of the Amendment to the Bylaws and Appointment of the Board of Directors at the following Annual General Shareholders’ Meeting

March 27, 2023 | finance.yahoo.com

Material Event Notice. Placement of Bonds in the local market

March 7, 2023 | insidermonkey.com

Itaú Corpbanca (NYSE:ITCB) Q4 2022 Earnings Call Transcript

March 3, 2023 | finance.yahoo.com

Itaú Corpbanca Files Material Event Notice to announce Itaú Unibanco's intention to launch a voluntary tender offer for Itaú Corpbanca's shares

February 28, 2023 | finance.yahoo.com

Itaú Corpbanca Announces Fourth Quarter 2022 Management Discussion & Analysis Report

See More Headlines

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ITCB Company Calendar

Last Earnings: 2/28/2023
Ex-Dividend for 5/5 Dividend: 4/21/2023
Dividend Payable: 5/05/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:ITCB
CUSIP: N/A
CIK: 1276671
Web: banco.itau.cl
Phone: (622) 687-8000
Fax: 56-22660-2476
Employees: 5,078
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.76
Trailing P/E Ratio: 4.50
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $477.12 million
Net Margins: 12.62%
Pretax Margin: 15.86%
Return on Equity: 14.11%
Return on Assets: 1.14%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $2.94 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 1.83
Book Value: $10.70 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 341,610,000
Free Float: N/A
Market Cap: $1.17 billion
Optionable: Not Optionable
Beta: 0.98

Key Executives

Gabriel Amado de Moura
Chief Executive Officer

Rodrigo Luis Rosa Couto
Chief Financial Officer

Eduardo Neves
Director-Information Technology

Cristobal Ortega Soto
Chief Compliance Officer

Mauricio Baeza Letelier
Chief Risk Officer

Key Competitors

View All Competitors

Institutional Ownership

First Trust Direct Indexing L.P.
Sold 61,157 shares on 4/27/2023
Ownership: 0.057%

View All Institutional Transactions

ITCB Stock - Frequently Asked Questions

When is Banco Itaú Chile's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our ITCB earnings forecast.
How were Banco Itaú Chile's earnings last quarter?: Banco Itaú Chile (NYSE:ITCB) issued its quarterly earnings data on Tuesday, February, 28th. The bank reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. The bank earned $311.23 million during the quarter, compared to the consensus estimate of $426.47 million. Banco Itaú Chile had a net margin of 12.62% and a trailing twelve-month return on equity of 14.11%.
How often does Banco Itaú Chile pay dividends? What is the dividend yield for Banco Itaú Chile?: Banco Itaú Chile declared an annual dividend on Thursday, April 6th. Stockholders of record on Wednesday, April 19th will be given a dividend of $0.165 per share on Friday, May 5th. This represents a yield of 4.78%. The ex-dividend date is Friday, April 21st. This is a positive change from the stock's previous annual dividend of $0.16.
Read our dividend analysis for ITCB.
Is Banco Itaú Chile a good dividend stock?: Banco Itaú Chile (NYSE:ITCB) pays an annual dividend of $0.17 per share and currently has a dividend yield of 4.94%. ITCB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 22.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITCB will have a dividend payout ratio of 27.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITCB.
What other stocks do shareholders of Banco Itaú Chile own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Itaú Chile investors own include Brinker International (EAT), Invesco (IVZ), Philip Morris International (PM), AbbVie (ABBV), Algonquin Power & Utilities (AQN), Bank of America (BAC), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).

What is Banco Itaú Chile's stock symbol?: Banco Itaú Chile trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITCB."
Who are Banco Itaú Chile's major shareholders?: Banco Itaú Chile's stock is owned by a number of retail and institutional investors. Top institutional shareholders include First Trust Direct Indexing L.P. (0.06%).
How do I buy shares of Banco Itaú Chile?: Shares of ITCB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
How much money does Banco Itaú Chile make?: Banco Itaú Chile (NYSE:ITCB) has a market capitalization of $0.00 and generates $2.94 billion in revenue each year. The bank earns $477.12 million in net income (profit) each year or $0.76 on an earnings per share basis.
How many employees does Banco Itaú Chile have?: The company employs 5,078 workers across the globe.
How can I contact Banco Itaú Chile?: Banco Itaú Chile's mailing address is ROSARIO NORTE 660, LAS CONDES SANTIAGO F3, 00000. The official website for the company is banco.itau.cl. The bank can be reached via phone at (622) 687-8000, via email at ir@corpbanca.cl, or via fax at 56-22660-2476.

This page (NYSE:ITCB) was last updated on 5/28/2023 by MarketBeat.com Staff

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