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Banco Itaú Chile - ITCL STOCK NEWS

Welcome to our dedicated page for Banco Itaú Chile news (Ticker: ITCL), a resource for investors and traders seeking the latest updates and insights on Banco Itaú Chile stock.

Banco Itaú Chile (symbol: ITCL) is a commercial bank based in Santiago, Chile, with a significant presence in both Chile and Colombia. Established as a branch of Itaú Corpbanca, the bank operates 398 branches—224 in Chile and 174 in Colombia. In addition to its primary market, the bank maintains strategic offices in Lima, Madrid, and New York City, to support its international operations.

The core business of Banco Itaú Chile revolves around providing a comprehensive range of financial services including personal banking, corporate banking, investment banking, and wealth management. The bank is committed to delivering tailored financial solutions to its diverse client base, ranging from individual customers to large corporations.

Recent Achievements and Projects:

  • On October 31, 2023, Banco Itaú Chile announced its Management Discussion & Analysis Report for Q3 2023. The report provides in-depth insights into the bank's financial performance and strategic initiatives.
  • The bank has scheduled a series of conference calls to discuss financial results with stakeholders and analysts. The most recent call was held on November 6, 2023, with future calls planned for March 1, 2024, and May 2, 2024.
  • In efforts to improve transparency and shareholder engagement, Banco Itaú Chile has implemented a robust virtual Q&A session during its quarterly conference calls, allowing participants to interact directly with the management team.
  • The bank is actively focusing on sustainability and corporate social responsibility, as highlighted by the involvement of Claudia Labbé Montevecchi, the Head of IR and Chief Sustainability Officer, in recent discussions.

Banco Itaú Chile is well-regarded for its sound financial health, strategic international presence, and commitment to sustainable growth. The bank strives to enhance its service offerings through innovation and customer-centric approaches, ensuring it remains a key player in the Latin American financial landscape.

Stay updated with the latest news and developments by visiting their investor relations website or participating in upcoming financial discussions.

Rhea-AI Summary
BANCO ITAÚ CHILE (SSE: ITAUCL) announces an Annual General Shareholders’ Meeting to discuss the distribution of 30% of the net income for fiscal year 2023, amounting to $106.5 billion, proposing a dividend of $492.12 per share. An Extraordinary Shareholders' Meeting will also be held to cancel backup shares issued due to a previous stock split.
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BANCO ITAÚ CHILE (ITAUCL) announces the cancellation of its American Depositary Shares (ADS) registration with the SEC, completing the termination process initiated in October 2023. The common shares will remain registered in the Securities Registry and continue to be traded on the Santiago Stock Exchange and the Chilean Electronic Exchange.
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BANCO ITAÚ CHILE (SSE: ITAUCL) will release its fourth-quarter results on February 29, 2024. The management team will host a conference call on March 1, 2024, to discuss the financial results. The call will be hosted by the CEO, CFO, and Head of IR and Chief Sustainability Officer. The webcast and Q&A session details are provided for participants to engage with the event.
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Banco Itaú Chile (ITCL; ITAUCL) announced the voluntary delisting of its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) has become effective. The delisting will not affect the listing of the common shares of the Company on the Santiago Stock Exchange and the Chilean Electronic Exchange. Each ADS currently represents one-third of one Common Share. The Company will also file a Form 15F with the U.S. Securities and Exchange Commission (SEC) to suspend its reporting obligations under the U.S. Securities Exchange Act of 1934. The deregistration of the ADSs under the Exchange Act is expected to become effective 90 days after the filing of the Form 15F with the SEC.
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BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL) announces the termination of its American Depository Receipt program (ADR Program) as The Bank of New York Mellon issues a Termination Notice to the holders of American Depositary Shares (ADSs). The ADR Program and the Deposit Agreement will be terminated on February 5, 2024. Information for ADS Holders is included in the Termination Notice.
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Banco Itaú Chile released its Management Discussion & Analysis Report for Q3 2023. The company will host a conference call on November 6th to discuss the financial results. The call will be led by the CEO, CFO, and Head of IR and Chief Sustainability Officer. A telephonic replay of the call will be available until November 13th. Participants can also submit questions through a box on the console during the call.
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Banco Itaú Chile has filed a Material Event Notice with the Chilean Commission for the Financial Market to terminate its American Depositary Shares (ADSs) program in the United States. The company plans to cancel the registration of its ADSs with the Securities and Exchange Commission, delist its ADSs from the New York Stock Exchange, and terminate the Deposit Agreement. More details can be found on the company's investor relations website.
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Banco Itaú Chile to release Q3 2023 results on October 31, 2023.
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ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL) released its Management Discussion & Analysis Report for the first quarter ended Jun 30, 2023. The company's management team will host a conference call on Aug 2, 2023, to discuss the financial results. Key topics include financial performance, strategic initiatives, and future outlook.
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FAQ

What is the market cap of Banco Itaú Chile (ITCL)?

The market cap of Banco Itaú Chile (ITCL) is approximately 2.1B.

What services does Banco Itaú Chile offer?

Banco Itaú Chile offers personal banking, corporate banking, investment banking, and wealth management services.

Where is Banco Itaú Chile headquartered?

Banco Itaú Chile is headquartered in Santiago, Chile, with additional offices in Lima, Madrid, and New York City.

How many branches does Banco Itaú Chile operate?

The bank operates 398 branches, with 224 in Chile and 174 in Colombia.

Who are the key executives of Banco Itaú Chile?

The key executives include Gabriel Moura, CEO; Rodrigo Couto, CFO; and Claudia Labbé Montevecchi, Head of IR and Chief Sustainability Officer.

What are some recent achievements of Banco Itaú Chile?

Recent achievements include the release of the Q3 2023 MD&A Report and the organization of conference calls to discuss financial results with stakeholders.

How can I access the latest financial reports of Banco Itaú Chile?

Latest financial reports are available on the bank's investor relations website: ir.itau.cl.

When are the next conference calls scheduled?

The next conference calls are scheduled for March 1, 2024, and May 2, 2024.

What is the focus of Banco Itaú Chile's sustainability efforts?

Banco Itaú Chile focuses on sustainability through corporate social responsibility initiatives, led by Chief Sustainability Officer Claudia Labbé Montevecchi.

How can I participate in Banco Itaú Chile's conference calls?

Participants must pre-register via the links provided on the investor relations website to join the conference calls.

What types of Q&A sessions does Banco Itaú Chile offer?

Banco Itaú Chile offers both telephonic and virtual Q&A sessions during their conference calls, allowing participants to ask questions directly.

Banco Itaú Chile

NYSE:ITCL

ITCL Rankings

ITCL Stock Data

2.06B
72.07M
0.1%
Banks - Regional
Financial Services
Link
Chile
Santiago de Chile