Itaú CorpBanca Announces Unaudited Consolidated Earnings Results for the Month Ended December 31, 2017
January 12, 2018 at 01:51 pm
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Itaú CorpBanca announced unaudited consolidated earnings results for the month ended December 31, 2017. For the month, the company reported net operating profit before loan losses of CLP 1,054,213 million. Operating loss was CLP 14,075 million. Loss before taxes was CLP 12,596 million. Net income was CLP 53,314 million. Net income attributable to shareholders was CLP 57,447 million.
Banco Itau Chile is a Chile-based financial institution (the Bank) engaged in the banking sector. The Bank operates in seven segments: Large, Corporate and Real Estate Companies, which includes companies that belong to major economic groups and specific industries; Companies, which includes leasing, factoring and other financial services for business customers; Traditional and Private Banking, which offers checking accounts, consumer loans, credit cards and mortgage loans; Lower Income Retail Banking, corresponding to operations of Banco Condell, which offers consumer loans, credit cards and mortgage loans; Treasury and International, which comprises treasury activities, such as financial management and funding; Non-Banking Financial Services, which provides services rendered by its subsidiaries, including insurance brokerage, financial advisory and securities brokerage, and Colombia, which includes commercial and retail banking services provided by CorpBanca Colombia and Helm Bank.