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Banco Itau Chile (Banco Itau Chile) Net Margin % : 14.37% (As of Sep. 2023)


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What is Banco Itau Chile Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Banco Itau Chile's Net Income for the three months ended in Sep. 2023 was $72 Mil. Banco Itau Chile's Revenue for the three months ended in Sep. 2023 was $501 Mil. Therefore, Banco Itau Chile's net margin for the quarter that ended in Sep. 2023 was 14.37%.

The historical rank and industry rank for Banco Itau Chile's Net Margin % or its related term are showing as below:

ITCLY' s Net Margin % Range Over the Past 10 Years
Min: -74.39   Med: 17.09   Max: 41.37
Current: 41.37


ITCLY's Net Margin % is ranked better than
85.18% of 1457 companies
in the Banks industry
Industry Median: 25.33 vs ITCLY: 41.37

Banco Itau Chile Net Margin % Historical Data

The historical data trend for Banco Itau Chile's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco Itau Chile Net Margin % Chart

Banco Itau Chile Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.06 9.24 -74.39 20.12 29.19

Banco Itau Chile Quarterly Data
Mar14 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.11 -24.36 19.36 33.73 14.37

Competitive Comparison of Banco Itau Chile's Net Margin %

For the Banks - Regional subindustry, Banco Itau Chile's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Banco Itau Chile's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Itau Chile's Net Margin % distribution charts can be found below:

* The bar in red indicates where Banco Itau Chile's Net Margin % falls into.



Banco Itau Chile Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Banco Itau Chile's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=511.284/1751.433
=29.19 %

Banco Itau Chile's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=71.997/501.018
=14.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banco Itau Chile  (OTCPK:ITCLY) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Banco Itau Chile Net Margin % Related Terms

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Banco Itau Chile (Banco Itau Chile) Business Description

Traded in Other Exchanges
Address
Presidente Riesco 5537, Las Condes, Santiago, CHL
Banco Itau Chile is a commercial bank from Chile. The bank has operations in Colombia, Panama, the United States, and Spain. CorpBanca offers commercial and retail banking products, mainly to individuals and midsize and large corporations. The product portfolio consists of treasury and financial advisory, securities brokerage, asset management, insurance brokerage, investment banking, payment products, legal services, cash management, international trade, mortgages, and consumer credit.

Banco Itau Chile (Banco Itau Chile) Headlines

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