Bancolombia SA provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services.
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Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone574-404-1837
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.03 billion
Profitability
Miscellaneous
Employees31,061
Next Earnings Date11/6/2019 (Estimated)
OptionableNot Optionable
Bancolombia (NYSE:CIB) Frequently Asked Questions
What is Bancolombia's stock symbol?
Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."
How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?
Bancolombia announced a quarterly dividend on Thursday, June 13th. Shareholders of record on Thursday, June 27th will be paid a dividend of $0.3339 per share on Friday, July 12th. This represents a $1.34 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Wednesday, June 26th. View Bancolombia's Dividend History.
How were Bancolombia's earnings last quarter?
Bancolombia SA (NYSE:CIB) announced its earnings results on Thursday, August, 18th. The bank reported $1.03 EPS for the quarter. The bank earned $729.73 million during the quarter. Bancolombia had a return on equity of 13.40% and a net margin of 16.24%. View Bancolombia's Earnings History.
When is Bancolombia's next earnings date?
What price target have analysts set for CIB?
5 brokerages have issued 1-year price objectives for Bancolombia's shares. Their forecasts range from $53.00 to $55.00. On average, they expect Bancolombia's share price to reach $54.00 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Bancolombia.
What is the consensus analysts' recommendation for Bancolombia?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bancolombia.
Has Bancolombia been receiving favorable news coverage?
News headlines about CIB stock have been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bancolombia earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future. View News Stories for Bancolombia.
Who are some of Bancolombia's key competitors?
Some companies that are related to Bancolombia include Sumitomo Mitsui Financial Grp (SMFG), Bank of Montreal (BMO), Lloyds Banking Group (LYG), HANG SENG BK LT/S (HSNGY), Banco Santander Brasil (BSBR), ICICI Bank (IBN), ING Groep (ING), Boc Hong Kong (BHKLY), Canadian Imperial Bank of Commerce (CM), OVERSEA-CHINESE/ADR (OVCHY), CR AGRICOLE S A/ADR (CRARY), Banco Bilbao Vizcaya Argentaria (BBVA), United Overseas Bank (UOVEY), Barclays (BCS) and Royal Bank of Scotland Group (RBS).
What other stocks do shareholders of Bancolombia own?
Who are Bancolombia's key executives?
Bancolombia's management team includes the folowing people:
- Mr. Juan Carlos Mora Uribe, Pres & CEO (Age 54)
- Mr. José Humberto Acosta Martin, VP of Fin. and CFO (Age 57)
- Mr. Jorge Ospina Lara, VP of Technology Services
- Mr. Alejandro Mejia Jaramillo, Investor Relations Mang. (Age 54)
- Mr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 50)
Who are Bancolombia's major shareholders?
Bancolombia's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vontobel Asset Management Inc. (2.02%), Vanguard Group Inc. (1.60%), Earnest Partners LLC (1.00%), Genesis Asset Managers LLP (0.92%), BlackRock Inc. (0.86%) and Polaris Capital Management LLC (0.82%).
Which major investors are selling Bancolombia stock?
CIB stock was sold by a variety of institutional investors in the last quarter, including INCA Investments LLC, Genesis Asset Managers LLP, APG Asset Management N.V., Vontobel Asset Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Barings LLC, Earnest Partners LLC and Deprince Race & Zollo Inc..
Which major investors are buying Bancolombia stock?
CIB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bessemer Group Inc., William Blair Investment Management LLC, Investec Asset Management LTD, Pendal Group Ltd, Investec Asset Management North America Inc., OMERS ADMINISTRATION Corp and Aperio Group LLC.
How do I buy shares of Bancolombia?
Shares of CIB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Bancolombia's stock price today?
One share of CIB stock can currently be purchased for approximately $48.69.
How big of a company is Bancolombia?
Bancolombia has a market capitalization of $11.71 billion and generates $6.03 billion in revenue each year. The bank earns $797.66 million in net income (profit) each year or $3.48 on an earnings per share basis. Bancolombia employs 31,061 workers across the globe.View Additional Information About Bancolombia.
What is Bancolombia's official website?
How can I contact Bancolombia?
Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The bank can be reached via phone at 574-404-1837 or via email at [email protected]
MarketBeat Community Rating for Bancolombia (NYSE CIB)
MarketBeat's community ratings are surveys of what our community members think about Bancolombia and other stocks. Vote "Outperform" if you believe CIB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIB will underperform the S&P 500 over the long term. You may vote once every thirty days.
