Itaú Corpbanca - ITCB Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Itaú Corpbanca in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITCB shares.
View ITCB analyst ratings or view top-rated stocks.

Itaú Corpbanca's stock was trading at $3.23 at the start of the year. Since then, ITCB shares have increased by 10.2% and is now trading at $3.56.
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Itaú Corpbanca saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 2,600 shares, an increase of 30.0% from the January 31st total of 2,000 shares. Based on an average trading volume of 10,700 shares, the days-to-cover ratio is presently 0.2 days.
View Itaú Corpbanca's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our ITCB earnings forecast.

Itaú Corpbanca (NYSE:ITCB) announced its quarterly earnings results on Wednesday, August, 27th. The bank reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.10. Itaú Corpbanca had a trailing twelve-month return on equity of 14.01% and a net margin of 12.62%.

Itaú Corpbanca (NYSE:ITCB) pays an annual dividend of $0.11 per share and currently has a dividend yield of 3.21%. The dividend payout ratio is 14.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITCB will have a dividend payout ratio of 18.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITCB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Corpbanca 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).

Itaú Corpbanca trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITCB."

Itaú Corpbanca's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Veriti Management LLC (0.07%), Renaissance Technologies LLC (0.06%) and Dimensional Fund Advisors LP (0.02%).

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.
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One share of ITCB stock can currently be purchased for approximately $3.56.

Itaú Corpbanca (NYSE:ITCB) has a market capitalization of $1.22 billion and generates $2.94 billion in revenue each year. The bank earns $498.37 million in net income (profit) each year or $0.76 on an earnings per share basis.

The company employs 5,078 workers across the globe.

Itaú Corpbanca'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.