Itau CorpBanca ADR Financials

ITCBDelisted Stock  USD 3.42  0.03  0.87%   
Based on the key measurements obtained from Itau CorpBanca's financial statements, Itau CorpBanca ADR is not in a good financial situation at the moment. It has a very high risk of going through financial straits in December.
  
Understanding current and past Itau CorpBanca Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Itau CorpBanca's financial statements are interrelated, with each one affecting the others. For example, an increase in Itau CorpBanca's assets may result in an increase in income on the income statement.
Please note, the presentation of Itau CorpBanca's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Itau CorpBanca's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Itau CorpBanca's management manipulating its earnings.

Itau CorpBanca Stock Summary

Itau CorpBanca competes with Banco De, Banco Santander, CrossFirst Bankshares, Banco Bradesco, and CF Bankshares. Ita Corpbanca provides wholesale and retail banking services to small and medium-sized enterprises, individuals, and institutional clients in Chile and Colombia. Ita Corpbanca was incorporated in 1871 and is headquartered in Santiago, Chile. Itau Corpbanca operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 7817 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS45033E1055
Business AddressPresidente Riesco 5537,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitebanco.itau.cl
Phone56 22 660 1751
CurrencyUSD - US Dollar

Itau CorpBanca Key Financial Ratios

Itau Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Itau CorpBanca's current stock value. Our valuation model uses many indicators to compare Itau CorpBanca value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Itau CorpBanca competition to find correlations between indicators driving Itau CorpBanca's intrinsic value. More Info.
Itau CorpBanca ADR is currently regarded as number one stock in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Itau CorpBanca ADR is roughly  11.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Itau CorpBanca's earnings, one of the primary drivers of an investment's value.

Itau CorpBanca Market Pulse

 Quote3.42
 Change(%)  0.87 
 Change0.03 
 Open3.45
 Low3.34
 High3.46
 Volume0
 ExchangeNYSE

About Itau CorpBanca Financials

What exactly are Itau CorpBanca Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Itau CorpBanca's income statement, its balance sheet, and the statement of cash flows. Potential Itau CorpBanca investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Itau CorpBanca investors may use each financial statement separately, they are all related. The changes in Itau CorpBanca's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Itau CorpBanca's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Itau CorpBanca November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Itau CorpBanca help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Itau CorpBanca ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Itau CorpBanca ADR based on widely used predictive technical indicators. In general, we focus on analyzing Itau Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Itau CorpBanca's daily price indicators and compare them against related drivers.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Itau Stock

If you are still planning to invest in Itau CorpBanca ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Itau CorpBanca's history and understand the potential risks before investing.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Transaction History
View history of all your transactions and understand their impact on performance
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes