How to buy Itaú Corpbanca stock - 17 April

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How to buy Itaú Corpbanca stock

Own Itaú Corpbanca stock in just a few minutes.

Itaú Corpbanca is a banks-regional business based in the US. Itaú Corpbanca shares (ITCB) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Itaú Corpbanca

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Itaú Corpbanca. Find the stock by name or ticker symbol: ITCB. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Itaú Corpbanca reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Itaú Corpbanca, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Itaú Corpbanca. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Itaú Corpbanca share price

Use our graph to track the performance of ITCB stocks over time.

Itaú Corpbanca shares at a glance

Information last updated 2021-03-18.
52-week rangeUSD$3.01 - USD$6.15
50-day moving average USD$5.49
200-day moving average USD$4.7076
Wall St. target priceUSD$5.1
PE ratio 4.0333
Dividend yield USD$0 (0%)
Earnings per share (TTM) USD$1.5

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Itaú Corpbanca stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Itaú Corpbanca under- or over-valued?

Valuing Itaú Corpbanca stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Itaú Corpbanca's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Itaú Corpbanca's P/E ratio

Itaú Corpbanca's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Itaú Corpbanca shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Itaú Corpbanca financials

Gross profit TTM USD$550 billion
Return on assets TTM 0.38%
Return on equity TTM 0%
Profit margin 13.46%
Book value $15
Market capitalisation USD$2 billion

TTM: trailing 12 months

Shorting Itaú Corpbanca shares

There are currently 83,652 Itaú Corpbanca shares held short by investors – that's known as Itaú Corpbanca's "short interest". This figure is 55.3% down from 187,124 last month.

There are a few different ways that this level of interest in shorting Itaú Corpbanca shares can be evaluated.

Itaú Corpbanca's "short interest ratio" (SIR)

Itaú Corpbanca's "short interest ratio" (SIR) is the quantity of Itaú Corpbanca shares currently shorted divided by the average quantity of Itaú Corpbanca shares traded daily (recently around 87137.5). Itaú Corpbanca's SIR currently stands at 0.96. In other words for every 100,000 Itaú Corpbanca shares traded daily on the market, roughly 960 shares are currently held short.

However Itaú Corpbanca's short interest can also be evaluated against the total number of Itaú Corpbanca shares, or, against the total number of tradable Itaú Corpbanca shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Itaú Corpbanca's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Itaú Corpbanca shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Itaú Corpbanca shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Itaú Corpbanca.

Find out more about how you can short Itaú Corpbanca stock.

Itaú Corpbanca share dividends

We're not expecting Itaú Corpbanca to pay a dividend over the next 12 months.

Have Itaú Corpbanca's shares ever split?

Itaú Corpbanca's shares were split on a 10:3 basis on 22 February 2011. So if you had owned 3 shares the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Itaú Corpbanca shares – just the quantity. However, indirectly, the new 70% lower share price could have impacted the market appetite for Itaú Corpbanca shares which in turn could have impacted Itaú Corpbanca's share price.

Itaú Corpbanca share price volatility

Over the last 12 months, Itaú Corpbanca's shares have ranged in value from as little as $3.01 up to $6.15. A popular way to gauge a stock's volatility is its "beta".

ITCB.US volatility(beta: 0.54)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Itaú Corpbanca's is 0.5397. This would suggest that Itaú Corpbanca's shares are less volatile than average (for this exchange).

Itaú Corpbanca overview

Itaú Corpbanca provides wholesale and retail banking services to large and medium-sized companies, individuals, and institutional clients in Chile and Colombia. The company offers checking and savings accounts, as well as demand and time deposits, and bankers' drafts; and provides commercial, mortgage, consumer, and contingent loans. It also offers financial advisory, mutual fund management, insurance brokerage, and securities brokerage services; treasury and asset management services; trust portfolio management services, including investment trust management, administration, security, real estate trusts, and fund administration; court and out-of-court collections services for loans; and Internet and mobile banking services. As of December 31, 2019, the company operated 194 branch offices in Chile and New York, which includes 139 branches operating as Itaú and 54 branches operating as Banco Condell, as well as representative offices in Madrid and Spain. Itaú Corpbanca was founded in 1871 and is headquartered in Santiago, Chile. .

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