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1 Comment
Itaú Corpbanca is currently in a long term downtrend where the price is trading 16.6% below its 200 day moving average.
From a valuation standpoint, the stock is 85.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.3.
Itaú Corpbanca's total revenue sank by 32.4% to $258B since the same quarter in the previous year.
Its net income has increased by 2544.9% to $575B since the same quarter in the previous year.
Finally, its free cash flow fell by 12.5% to $542B since the same quarter in the previous year.
Based on the above factors, Itaú Corpbanca gets an overall score of 2/5.
ISIN | US45033E1055 |
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Industry | Banking Services |
Exchange | NYSE |
CurrencyCode | USD |
Sector | Financials |
Market Cap | 2B |
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Beta | 0.79 |
PE Ratio | 4.02 |
Target Price | 5 |
Dividend Yield | 0.0% |
Banco Itaú Chile provides banking services in Chile and Colombia. It provides wholesale and corporate banking; real estate and construction; and retail, private, companies, and personal banking services, as well as treasury and other financial services. The company offers checking accounts, and debit and credit card; credit line, consumer credit installments, mortgage credit, and universal consumer and university credit; and leasing and company credits including short term, fixed long term, and structured credit, as well as factoring, foreign trade exports, such as financing line agreement, import payment order, collection, and letter of credit, financing cash operation services. In addition, it provides warranty papers including financed, cash, and web guaranteed tickets; state guarantee services; insurance products, which includes car, home, life, covid19 insurance for workers, financial protection, and assists insurance. The company also offers investment, mutual funds, stock broking, pension savings, and ETF mutual funds; international cash management, cash pooling, secure and rolling from check, bill collection, online payroll, automatic bill payments, and PAC collection services; and fusion and acquisition, bill of commerce, corporate bonds, purchase and sale of currency, short-term liquidly investment, and derivatives. The company was formerly known as Itaú Corpbanca and changed its name to Banco Itaú Chile in April 2023. Banco Itaú Chile was incorporated in 1871 and is headquartered in Santiago, Chile. Banco Itaú Chile is a subsidiary of Itaú Unibanco Holding S.A.
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