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Banco Itaú Chile (ITAUCL) Fair Value & Analysis

Financial Services · CL · Market cap 4.0T CLP

BI Banco Itaú Chile ITAUCL · SN
Price22,130 CLP
Fair Value25,724 CLP
Upside+16.2%
Quality42/100
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Expensive Growth
Solidly profitable · 13.5% net margin
High debt · negative free cash flow
Trails peers (4/12)
Moderate moat 60/100
Evidence: Medium Range 19,293 CLP – 32,155 CLP Share as image

Fair value as of: Jul 26, 2026

From 4 valuation models · updated 15 days ago

Share price +12.0% over the past month.

Below-average quality, screening 16% undervalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from 19,293 CLP (bear) to 32,155 CLP (bull), base 25,724 CLP. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 42/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

23,606 CLP 5,963 CLP Fair Value 25,724 CLP Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 26, 2026.

How to read this chart

60‑month range 5,963 CLP – 23,606 CLP · fair‑value band 19,293 CLP – 32,155 CLP · the 22,130 CLP price screens below the 25,724 CLP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 26, 2026.

Full chart & analysis →

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Analysis

Banco Itaú Chile (ITAUCL) currently trades at 22,130 CLP, while our model-based Fair Value estimate is 25,724 CLP, implying the stock looks roughly 16.2% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, Banco Itaú Chile generated revenue of 961B CLP at a net margin of 13.5%. Revenue grew 17.3% year over year. It earns a return on equity of 10.1%. Net debt stands at 6.4T CLP. Fundamentals as of Jul 26, 2026

Our scenario range runs from 19,293 CLP (bear case) to 32,155 CLP (bull case); at 22,130 CLP, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 92% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 16%, ITAUCL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 17,743 CLP 19,850 CLP 33,572 CLP 76
P/E Multiple 19,293 CLP 25,724 CLP 32,155 CLP 63
P/B Multiple 20,894 CLP 27,859 CLP 34,824 CLP 55
All 4 models by family
Multiples
P/E Multiple 19,293 CLP 25,724 CLP 32,155 CLP 63
P/B Multiple 20,894 CLP 27,859 CLP 34,824 CLP 55
Asset-Based
NCAV (Graham) 9,950 CLP 13,332 CLP 19,899 CLP 50
Economic Profit
Residual Income 17,743 CLP 19,850 CLP 33,572 CLP 76

Widest divergence: Multiples (25,724 CLP) versus Asset-Based (13,332 CLP). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 961B CLP
Revenue growth (YoY) +17.3%
Net margin 13.5%
Return on equity 10.1%
Free cash flow −662B CLP FY2025
P/E ratio 10.3
More key figures
Operating margin 32.5%
EPS (TTM) 1,789 CLP
EPS growth (YoY) -37.6%
Net debt 6.4T CLP FY2025

Figures from reported company fundamentals · as of Jul 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 39 · Market factors (momentum, volatility) 79

Profitability 42
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 91
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Banco Itaú Chile provides various banking products and services in Chile and Colombia. It offers savings accounts, time deposits, and checking and current accounts; debit and credit cards; and consumer, mortgage, universal, college, and post graduate credit services, as well as real estate loans.

Full company description

Banco Itaú Chile provides various banking products and services in Chile and Colombia. It offers savings accounts, time deposits, and checking and current accounts; debit and credit cards; and consumer, mortgage, universal, college, and post graduate credit services, as well as real estate loans. The company also provides corporate, investment, retail, private, and personal banking, as well as treasury and other financial services. In addition, it offers investment, mutual funds, open investment platform, and brokerage services. Further, the company provides auto, home, theft, life, health, and travel insurance. The company was founded in 1871 and is based in Santiago, Chile.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Banco Itaú Chile reported revenue of 1.5T CLP in FY2025 versus 1.4T CLP in FY2021, a compound +3.0%/yr. Reported net income was 428B CLP in FY2025, compounding +11.9%/yr from FY2021.

Growth Quality 41/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.5T CLP
Latest YoY
−5.8%
Avg. growth/yr (3Y)
+1.5%
Avg. growth/yr (5Y)
+7.1%
Avg. growth/yr (6Y)
+4.8%
Revenue +3.0%/yr
FY21 1.4T CLP
FY22 1.5T CLP
FY23 1.5T CLP
FY24 1.6T CLP
FY25 1.5T CLP
Net income +11.9%/yr
FY21 273B CLP
FY22 434B CLP
FY23 355B CLP
FY24 377B CLP
FY25 428B CLP

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Cite: Fair Value Calculator (2026). "Banco Itaú Chile Fair Value". https://www.fairvalue-calculator.com/stock/ITAUCL

Peer Group

Banks - Regional · 1083 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Bottom 25%
Fair Value upside +16% · Above median
Return on equity (TTM) 10% · Below median
Return on assets 1% · Below median
Net margin (TTM) 13% · Bottom 25%
Operating margin (TTM) 32% · Below median
Revenue growth 17% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 2.70× · Higher than 75% of peers

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 10.3× · Cheaper than median
P/B 0.92× · Cheaper than median
P/S (TTM) 4.13× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 55 · sector 39
FUTURE 87 · sector 44
PAST 40 · sector 41
HEALTH 0 · sector 85
DIVIDEND 0 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Jul 26, 2026).

Stock Price Fair Value vs Fair Value
PT Bank Central Asia Tbk BBCA 6,175 IDR 6,087 IDR -1%
KB Financial Group 105560 184,400 KRW 213,797 KRW +16%
PT Bank Rakyat Indonesia (Persero) Tbk BBRI 2,970 IDR 4,891 IDR +65%
PT Bank Mandiri (Persero) Tbk BMRI 4,310 IDR 7,841 IDR +82%
Banco Bradesco S.A BBD 5,120 ARS 10,240 ARS +100%
Shinhan Financial Group 055550 107,900 KRW 137,259 KRW +27%
Hana Financial Group 086790 136,800 KRW 193,969 KRW +42%
Lloyds Banking Group LYG 4,138 ARS 8,275 ARS +100%
Banco de Chile, CHILE 193.10 CLP 152.55 CLP -21%
Joint Stock Commercial Bank for Foreign Trade of Vietnam, VCB 59,400 VND 84,201 VND +42%

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Frequently asked questions

Is Banco Itaú Chile (ITAUCL) overvalued or undervalued?
As of Jul 26, 2026, our model estimates a fair value of 25,724 CLP versus a price of 22,130 CLP, about +16% (undervalued).
What is the fair value of ITAUCL?
Our model-based fair value for Banco Itaú Chile is 25,724 CLP (as of Jul 26, 2026), built from audited fundamentals. The current price is 22,130 CLP.
What is the quality score of ITAUCL?
Banco Itaú Chile has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Banco Itaú Chile (ITAUCL)?
Banco Itaú Chile reported trailing-twelve-month revenue of about 961B CLP (latest available figure, as of Jul 26, 2026).
What is the net profit margin of ITAUCL?
The net profit margin of Banco Itaú Chile is about 13.5%, meaning it keeps roughly 13.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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