Itau Corpbanca (New York Stock Exchange: ITCBget rating) will release its quarterly earnings results before the market opens on Friday, October 28. Analysts expect Itaú Corpbanca to post earnings of $0.36 per share for the quarter. Parties interested in registering for the company conference call can do so using this link.

Itau Corpbanca (New York Stock Exchange: ITCBget rating) last announced its earnings results on Tuesday, August 2. The bank reported earnings per share (EPS) of $0.24 for the quarter, below analyst consensus estimates of $0.31 per ($0.07). The firm had revenue of $597.50 million in the quarter, compared to analyst estimates of $449.78 million. Itaú Corpbanca had a return on equity of 12.97% and a net margin of 12.99%. On average, analysts expect Itaú Corpbanca to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Itaú Corpbanca Trading grows 9.6%

Actions of Itaú Corpbanca shares opened for $2.85 on Friday. The stock has a market capitalization of $973.57 million, a P/E ratio of 3.80, and a beta of 1.01. The company has a quick ratio of 1.60, a current ratio of 1.60, and a debt-to-equity ratio of 3.39. The company has a 50-day simple moving average of $3.13 and a 200-day simple moving average of $3.16. Itaú Corpbanca has a 12-month minimum of $2.50 and a 12-month maximum of $3.94.

Changes in analyst ratings

Separately, StockNews.com began coverage of Itaú Corpbanca shares in a research report on Wednesday, October 12. They set a “hold” rating for the company.

Institutional investors give their opinion on Itaú Corpbanca

An institutional investor recently purchased a new position in Itaú Corpbanca shares. Northern Trust Corp acquired a new stake in Itaú Corpbanca (New York Stock Exchange: ITCBget rating) in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 11,830 shares of the bank, valued at approximately $40,000. Hedge funds and other institutional investors own 0.15% of the company’s shares.

Itaú Corpbanca Company Profile

(get rating)

Itaú Corpbanca provides wholesale and retail banking services to small and medium-sized companies, individuals and institutional clients in Chile and Colombia. The company offers checking and savings accounts, sight and time deposits, certificates of deposit and bank drafts; and loans in Chilean pesos and in foreign currency, commercial financing, commercial and consumer loans in general, loans for working capital, personal installment loans, mortgage loans, lines of credit and letters of credit.

Other readings

Earnings History of Itaú Corpbanca (NYSE:ITCB)

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