JP Morgan initiated coverage of Itau Corpbanca with a rating of Overweight and set a new price target of $5.00

SANTIAGO, Chile, March 28, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) today the amendment of the Bank's bylaws agreed upon at the Extraordinary Shareholders' Meeting of the Bank held on January 19, 2023 was approved, by which, among other matters, it was agreed to (i) reduce the number of directors from eleven to seven and the number of alternate directors from two to one, and (ii) decrease the number of shares into which the Bank's equity capital is divided from 973,517,871,202 to 216,347,305, without modifying the amount of the Bank's subscribed and paid-in capital (the "reverse stock split"). Given the aforementioned approval of the reduction in the number of

GEORGE TOWN, Grand Cayman, July 15, 2021 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE) ("Stone") announced that pursuant to written resolutions of its Board of Directors dated July 5, 2021, Mr. Diego Fresco Gutierrez was appointed to the Board of Directors, effective immediately. Diego Fresco Gutierrez graduated in Accounting in 1994 at Universidad de la República Oriental del Uruguay. Diego is a Certified Public Accountant registered in the state of Virginia and an Accountant registered with the Conselho Regional de Contabilidade – SP in Brazil. He is currently a member of the Audit Committee of Votorantim Cimentos S.A. and of Itau Corpbanca Chile (NYSE:ITCB), where he also is an altern

SANTIAGO, Chile, March 18, 2021 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced that it filed a Material Event Notice with the Chilean Commission for the Financial Market reporting that at the annual ordinary shareholders’ meeting held today, our shareholders agreed to appoint Messrs. Rogerio Braga and Matias Granata as members of our Board of Directors. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl. About Itaú Corpbanca ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39

SANTIAGO, Chile, April 28, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE:ITCB, SSE: ITAUCL))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the first quarter ended March 31, 2023. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2023/q1/Itau-Chile-1Q23-MD-A.pdf On Tuesday, May 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Chile's Chief Executive Officer; Rodrigo Couto, Itaú Chile's Chief Financial Officer and Liliana Gonzalez Londono, Head of Corpo

SANTIAGO, Chile, April 06, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today that it will release its results for the first quarter ended March 31, 2023, before the market opens in Santiago and in New York on Friday, April 28, 2023. On Tuesday, May 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer; Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer and Liliana Gonzalez Londono, Head of Corporate Strategy & Financial Planning. Conference Call Details: Online registr

SANTIAGO, Chile, March 28, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) In an ordinary board meeting held today, the Board of Directors of Itaú Corpbanca (the "Bank") resolved to propose to the Annual General Shareholders' Meeting, to be held on April 20, 2023, the distribution of 30% of the distributable net income for the fiscal year 2022, which represents an aggregate amount of $130,123,237,338, payable to the holders of the 973,517,871,202 validly issued shares of the Bank. If approved dividend distribution of $0.1336629158920 per share would be payable. In addition, it will be proposed to the Shareholders Meeting that the remaining 70% of the profits to be ret

SANTIAGO, Chile, Feb. 28, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the fourth quarter ended December 31, 2022. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2022/q4/Itau-Corpbanca-4Q22-MD-A.pdf  On Wednesday, March 1, 2023, at 11:00 A.M. Santiago time (09:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer; Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer and Liliana Gonzalez Londono, H

SANTIAGO, Chile, Feb. 02, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today that it will release its results for the fourth quarter ended December 31, 2022, before the market opens in Santiago and in New York on Tuesday, February 28, 2023. On Wednesday, March 1, 2023, at 11:00 A.M. Santiago time (9:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer; Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer and Liliana Gonzalez Londono, Head of Corporate Strategy & Financial Planning. Conference Call Details: Online reg

SANTIAGO, Chile, Oct. 28, 2022 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the third quarter ended September 30, 2022. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2022/q3/Itau-Corpbanca-3Q22-MD-A.pdf  On Wednesday, November 2, 2022, at 11:00 A.M. Santiago time (10:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer and Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer. Conference Call Details

SANTIAGO, Chile, Oct. 06, 2022 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today that it will release its results for the third quarter ended September 30, 2022, before the market opens in Santiago and in New York on Friday, October 28, 2022. On Wednesday, November 2, 2022, at 11:00 A.M. Santiago time (10:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer and Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer. Conference Call Details: Online registration: https://conferencingportals.com/event/LcAnNmZD Phone registra

SANTIAGO, Chile, July 29, 2022 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the second quarter ended June 30, 2022. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2022/q2/Itau-Corpbanca-2Q22-MD-A.pdf On Tuesday, August 2, 2022, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer and Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer. Conference Call Details: Onlin

SANTIAGO, Chile, July 07, 2022 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today that it will release its results for the second quarter ended June 30, 2022, before the market opens in Santiago and in New York on Friday, July 29, 2022. On Tuesday, August 2, 2022, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer and Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer. Conference Call Details: Online registration: https://conferencingportals.com/event/LcAnNmZD Phone registration: +1 (8

SANTIAGO, Chile, April 29, 2022 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the first quarter ended March 31, 2022. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2022/q1/Itau-Corpbanca-1Q22-MD-A.pdf On Tuesday, May 3, 2022, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer, Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer and Claudia Labbé, Itaú Corpbanca's Hea

SANTIAGO, Chile, April 28, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE:ITCB, SSE: ITAUCL))) announced today its Management Discussion & Analysis Report ("MD&A Report") for the first quarter ended March 31, 2023. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2023/q1/Itau-Chile-1Q23-MD-A.pdf On Tuesday, May 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Chile's Chief Executive Officer; Rodrigo Couto, Itaú Chile's Chief Financial Officer and Liliana Gonzalez Londono, Head of Corpo

SANTIAGO, Chile, April 27, 2023 (GLOBE NEWSWIRE) --  BANCO ITAÚ CHILE (NYSE:ITCB, SSE: ITAUCL))) today announced that it filed its Annual Report on Form 20-F for the year ended December 31, 2022 with the United States Securities and Exchange Commission on April 27, 2023. The document is also available on the company's corporate website at ir.itau.cl. Any shareholder may request a printed copy of the company's complete audited consolidated financial statements, free of charge, by contacting Banco Itaú Chile's investor relations department. Investor Relations – Banco Itaú Chile +56 (2) 2660-1701 / [email protected] / ir.itau.cl

SANTIAGO, Chile, April 21, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled "Amendment to the By-Laws – Change of Name", we hereby inform that the identification codes of the shares issued by Banco Itaú Chile will be amended: The identification code that identifies the shares issued by Banco Itaú Chile in Bolsa de Comercio de Santiago, Bolsa de Valores, will be changed to "ITAUCL", as of April 24, 2023; andThe ticker symbol for the American Depositary Shares of Banco Itaú Chile traded in the New York Stock Exchange, will be changed from "ITCB" to "ITCL", as of May 1, 2023. The press release is also available on the company's investor relations web

SANTIAGO, Chile, April 20, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE:ITCB, SSE: ITAUCORP))) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market reporting that in the Annual General Shareholders' Meeting of Banco Itaú Chile (the "Bank") held today, shareholders agreed on the matters included in the Material Event. The full Material Event Notice is available on the company's investor relations website at ir.itau.cl. Investor Relations – Itaú Chile +56 (2) 2660-1701 / [email protected] / ir.itau.cl

SANTIAGO, Chile, April 18, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled "Amendment to the By-Laws – Change of Name," Itaú Corpbanca changed its company name to "Banco Itaú Chile," effective as of from March 28, 2023. In connection with this change, the ticker symbol for American Depositary Shares of Banco Itaú Chile traded on the New York Stock Exchange will change from "ITCB" to "ITCL," effective from May 1, 2023. The press release is also available on the company's investor relations website at ir.itau.cl. Investor Relations Itaú Chile+56 (2) 2660-1701 / [email protected] Website: ir.itau.cl | Indeed/Itaú Chile | facebook.com/itauchile | Instagram

SANTIAGO, Chile, April 11, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE:ITCB, SSE: ITAUCORP))) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market reporting that on this date, the settlement and placement of Banco Itaú Chile dematerialized and bearer bonds in the local market, charged to the Line of Bonds registered in the Securities Registry of the CMF, under No. 3/2022. The specific conditions of placement were as follows: Series "DP" Bonds, Code BITADP0222, for a total amount of UF 1,500,000 (Unidades de Fomento), collecting the sum of CLP $ 51,198,697,758.- with a maturity date of August 9, 2034, at an average placement ra

SANTIAGO, Chile, April 10, 2023 (GLOBE NEWSWIRE) -- By Resolution No. 2,215, issued on March 28, 2023, the Comisión para el Mercado Financiero approved the amendments to the by-laws of Itaú Corpbanca (the "Bank") as resolved at the extraordinary general meeting of shareholders' held on January 19, 2023, which, among other matters, resolved to change the name of the Bank to "Banco Itaú Chile", and in turn modify and/or broaden its fantasy names to "Itaú", "Itaú Chile" and "Banco Itaú". The certificate evidencing said resolution was registered in the Registro de Comercio of Santiago on April 3, 2023 and published in the Official Gazette on April 6, 2023. Consequently, the process of amendi

SANTIAGO, Chile, April 06, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) announced today that it will release its results for the first quarter ended March 31, 2023, before the market opens in Santiago and in New York on Friday, April 28, 2023. On Tuesday, May 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca's Chief Executive Officer; Rodrigo Couto, Itaú Corpbanca's Chief Financial Officer and Liliana Gonzalez Londono, Head of Corporate Strategy & Financial Planning. Conference Call Details: Online registr

SANTIAGO, Chile, March 28, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) today the amendment of the Bank's bylaws agreed upon at the Extraordinary Shareholders' Meeting of the Bank held on January 19, 2023 was approved, by which, among other matters, it was agreed to (i) reduce the number of directors from eleven to seven and the number of alternate directors from two to one, and (ii) decrease the number of shares into which the Bank's equity capital is divided from 973,517,871,202 to 216,347,305, without modifying the amount of the Bank's subscribed and paid-in capital (the "reverse stock split"). Given the aforementioned approval of the reduction in the number of

SANTIAGO, Chile, March 28, 2023 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE:ITCB, SSE: ITAUCORP))) In an ordinary board meeting held today, the Board of Directors of Itaú Corpbanca (the "Bank") resolved to propose to the Annual General Shareholders' Meeting, to be held on April 20, 2023, the distribution of 30% of the distributable net income for the fiscal year 2022, which represents an aggregate amount of $130,123,237,338, payable to the holders of the 973,517,871,202 validly issued shares of the Bank. If approved dividend distribution of $0.1336629158920 per share would be payable. In addition, it will be proposed to the Shareholders Meeting that the remaining 70% of the profits to be ret

Companies Reporting Before The Bell • GrafTech International (NYSE:EAF) is likely to report quarterly loss at $0.01 per share on revenue of $123.00 million. • RealReal (NASDAQ:REAL) is estimated to report quarterly loss at $0.05 per share on revenue of $12.52 million. • Dana (NYSE:DAN) is estimated to report quarterly earnings at $0.08 per share on revenue of $2.56 billion. • Cameco (NYSE:CCJ) is projected to report quarterly earnings at $0.25 per share on revenue of $699.81 million. • Chart Industries (NYSE:GTLS) is expected to report quarterly earnings at $0.51 per share on revenue of $476.84 million. • Sony Group (NYSE:SONY) is estimated to report quarterly earnings at $0.45 per sha

As announced on April 10, 2023, through the press release titled "Amendment to the By-Laws – Change of Name," Itaú Corpbanca changed its company name to "Banco Itaú Chile," effective as of from March 28, 2023. In connection with this change, the ticker symbol for American Depositary Shares of Banco Itaú Chile traded on the New York Stock Exchange will change from "ITCB" to "ITCL," effective from May 1, 2023.

What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. The following stocks are considered to be notable value stocks in the financial services sector: Heritage Financial (NASDAQ:HFWA) - P/E: 9.48 Cathay General (NASDAQ:CATY) - P/E: 7.26 Timberland Bancorp (NASDAQ:TSBK) - P/E: 8.92 Itau Corpbanca (NYSE:ITCB) - P/E: 4.27 Velocity Fin

Companies Reporting Before The Bell • Gaotu Techedu (NYSE:GOTU) is expected to report earnings for its fourth quarter. • MINISO Group Holding (NYSE:MNSO) is expected to report quarterly earnings at $0.13 per share on revenue of $364.68 million. • Kiniksa Pharmaceuticals (NASDAQ:KNSA) is likely to report quarterly loss at $0.22 per share on revenue of $45.83 million. • TG Therapeutics (NASDAQ:TGTX) is expected to report quarterly loss at $0.26 per share on revenue of $1.83 million. • Compass Pathways (NASDAQ:CMPS) is likely to report earnings for its fourth quarter. • Black Knight (NYSE:BKI) is projected to report quarterly earnings at $0.54 per share on revenue of $387.84 million. • B

Itau Corpbanca (NYSE:ITCB) reported quarterly earnings of $0.18 per share. This is a 15.49 percent decrease over earnings of $0.21 per share from the same period last year. The company reported $442.28 million in sales this quarter. This is a 7.97 percent decrease over sales of $480.59 million the same period last year.

Companies Reporting Before The Bell • TAL Education (NYSE:TAL) is projected to report quarterly earnings at $0.01 per share on revenue of $242.62 million. • BBVA (NYSE:BBVA) is estimated to report earnings for its third quarter. • Equinor (NYSE:EQNR) is likely to report earnings for its third quarter. • Standard Motor Products (NYSE:SMP) is likely to report quarterly earnings at $0.97 per share on revenue of $378.13 million. • Cowen (NASDAQ:COWN) is projected to report quarterly earnings at $0.69 per share on revenue of $295.61 million. • Carter's (NYSE:CRI) is projected to report quarterly earnings at $1.70 per share on revenue of $853.58 million. • Imperial Oil (AMEX:IMO) is expecte

The Meaning Behind Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the financial services sector that may be worth watching: OptimumBank Hldgs (NASDAQ:OPHC) - P/E: 2.58 Itau Corpbanca (NYSE:ITCB) - P/E: 4.27 HBT Finl (NASDAQ:HBT) - P/E: 9.74 Flagstar Bancorp (NYSE:FBC) - P/E: 5.1

U.S. stocks traded higher, with the Dow Jones gaining more than 400 points on Monday. Here are some big stocks recording losses in today’s session. NGM Biopharmaceuticals, Inc. (NASDAQ:NGM) shares dipped 73% to $3.11 after the company announced topline efficacy and safety results from its CATALINA Phase 2 trial of NGM621 for geographic atrophy (GA) secondary to age-related macular degeneration (AMD). Over 52 weeks of treatment, NGM621 administered every four weeks (Q4W) (n=108) and every eight weeks (Q8W) (n=104) demonstrated a GA lesion area reduction of 6.3% and 6.5%, respectively, compared to sham (n=106), which did not reach statistical significance in either arm. Missfresh Limited (