Banco Itaú Chile (NYSE:ITCL) Q1 2023 Earnings Conference Call May 2, 2023 11:00 AM ET

Company Participants

Rodrigo Couto - CFO

Gabriel Moura - CEO

Conference Call Participants

Juan Recalde - Scotiabank

Daniel Mora - CrediCorp Capital

Operator

Thank you for standing by. At this time, I would like to welcome everyone to the Banco Itaú Chile First Quarter 2023 Financial Results Conference Call and Webcast. [Operators Instructions]

Thank you. Rodrigo Couto, CFO. You may begin your conference.

Rodrigo Couto

Good morning. Thank you for joining our conference call for the first quarter of 2023. I would like to remind you that our remarks may include forward-looking information and that our actual results could differ materially from what I discussed in this presentation. I would also like to draw your attention for the financial information included in the Management Discussion and Analysis presentation, which is based on our managerial model in which we adjust for nonrecurring events and apply managerial criteria to disclose our income statement. Please remember that since the first quarter of 2019, we are presenting our income statement in the same manner as we do in service. This managerial financial model reflects how we measure, analyze and discuss financial results by segregating: one, commercial performance; two, financial risk management; three, credit risk management; and four, cost efficiency. We believe that this form of representing our results will give you a clearer and better view of our performance from these different perspectives. Please refer to pages 9 to 12 of our MD&A report for further details.

Now our CEO, Gabriel Moura, will continue with the presentation.

Gabriel Moura

Thank you, Rodrigo. Good morning, everyone. Thank you for joining us for this first quarter of 2023 conference call. Today, we will update you on our progress implementing our strategy as well as present the highlights of our first quarter results.

Starting on Slide 3. We are proud to tell you that from now on, the name of our bank is Itaú Chile. We have completed all the necessary formalities as of March 28, 2023. And in connection with this change, the identification code of Itaú Chile share in the Bolsa de Santiago changes to ITAUCL as of April 24, 2023. And the ticker symbol for the American depository shares of Banco Itaú Chile traded on the New York Stock Exchange changes from ITCB to ITCL effective from May 1, 2023.