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Itau Corpbanca (ITCB) CEO Gabriel Moura on Q4 2019 Results - Earnings Call Transcript

Mar. 02, 2020 1:04 PM ETBanco Itaú Chile (ITCLY)
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Itau Corpbanca (ITCB) Q4 2019 Earnings Conference Call March 2, 2020 9:00 AM ET

Company Participants

Claudia Labbé - Head, IR

Gabriel Moura - CEO

Conference Call Participants

Jason Mollin - Scotiabank

Sebastián Gallego - CrediCorp Capital

Carlos Gomez - HSBC


Ladies and gentlemen, thank you for standing by, and welcome to the Itaú CorpBanca Fourth Quarter 2019 Financial Conference Call. [Operator Instructions]. I would now like to hand the conference over to your speaker today, Claudia Labbé, Head of Investor Relations. Thank you. Please go ahead.

Claudia Labbé

Thank you. Good morning. Thank you for joining our conference call for our fourth quarter 2019 financial results. Before proceeding, let me mention that our remarks may include forward-looking information, and our actual results could differ materially from what is discussed in this presentation.

I would also like to draw your attention to the financial information included in this management discussion and analysis presentation, which is based on our managerial model that we adjust for nonrecurring events, and we apply managerial criteria to disclose our income statement. Please remind that starting in the first quarter 2019, we have been disclosing our income statement in the same manner as we do internally, incorporating additional P&L reclassifications fully converging to the format presented by Itaú Unibanco. This managerial financial model reflects how we measure, analyze and discuss financial results by segregating commercial performance, financial risk management, credit risk management and cost efficiency.

We believe this form of communicating our results will give you a clearer and better view of how we fare under this different perspective. Please refer to pages 9 to 12 of our report for further details. With me here today in this conference call in Santiago is Mr. Gabriel Moura, our new Chief Executive Officer. As shown on Slide 3, Mr. Moura was appointed by the

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