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NYSE:CIBBancolombia Stock Price, Forecast & News

$26.25
-0.37 (-1.39 %)
(As of 08/13/2020 04:00 PM ET)
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Today's Range
$26.07
Now: $26.25
$27.01
50-Day Range
$25.16
MA: $27.10
$28.65
52-Week Range
$16.27
Now: $26.25
$56.10
Volume341,100 shs
Average Volume554,097 shs
Market Capitalization$6.31 billion
P/E Ratio8.20
Dividend Yield4.34%
Beta1.27
Bancolombia S.A. 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. The company also provides capital market products, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; and life, auto, commercial, and homeowner's insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; digital banking and revolving credit facility services. Additionally, it is involved in transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing activities. The company operates 1,153 branches, 10,349 banking correspondents, and 590 mobile service spots; 227 kiosks; and 5,630 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.04 out of 5 stars


Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone574-510-1838

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.65 billion
Cash Flow$5.11 per share
Book Value$35.94 per share

Profitability

Net Income$935.21 million

Miscellaneous

Employees31,075
Market Cap$6.31 billion
Next Earnings Date8/17/2020 (Estimated)
OptionableNot Optionable
$26.25
-0.37 (-1.39 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bancolombia (NYSE:CIB) Frequently Asked Questions

How has Bancolombia's stock been impacted by COVID-19?

Bancolombia's stock was trading at $33.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CIB shares have decreased by 20.7% and is now trading at $26.25.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Bancolombia?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Bancolombia
.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release its next quarterly earnings announcement on Monday, August 17th 2020.
View our earnings forecast for Bancolombia
.

How were Bancolombia's earnings last quarter?

Bancolombia SA (NYSE:CIB) released its earnings results on Thursday, August, 6th. The bank reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.67. Bancolombia had a net margin of 7.35% and a return on equity of 5.47%.
View Bancolombia's earnings history
.

How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?

Bancolombia declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.3179 per share on Monday, July 13th. This represents a $1.27 dividend on an annualized basis and a yield of 4.84%. The ex-dividend date of this dividend is Monday, June 29th.
View Bancolombia's dividend history
.

What price target have analysts set for CIB?

6 analysts have issued 1 year price targets for Bancolombia's shares. Their forecasts range from $27.00 to $30.00. On average, they expect Bancolombia's share price to reach $28.50 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
View analysts' price targets for Bancolombia
.

Has Bancolombia been receiving favorable news coverage?

Media stories about CIB stock have been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bancolombia earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
View the latest news about Bancolombia
.

Are investors shorting Bancolombia?

Bancolombia saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,210,000 shares, an increase of 36.4% from the June 15th total of 887,200 shares. Based on an average trading volume of 617,300 shares, the short-interest ratio is presently 2.0 days.
View Bancolombia's Short Interest
.

Who are some of Bancolombia's key competitors?

What other stocks do shareholders of Bancolombia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancolombia investors own include Ecopetrol (EC), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Pfizer (PFE), Anthem (ANTM), IBM (IBM), PepsiCo (PEP), AT&T (T), Verizon Communications (VZ) and Walmart (WMT).

Who are Bancolombia's key executives?

Bancolombia's management team includes the following 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)

What is Bancolombia's stock symbol?

Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."

Who are Bancolombia's major shareholders?

Bancolombia's stock is owned by many different retail and institutional investors. Top institutional investors include Genesis Investment Management LLP (1.15%), Polaris Capital Management LLC (0.96%), Marathon Asset Management LLP (0.34%), Scout Investments Inc. (0.26%), Victory Capital Management Inc. (0.23%) and Candriam Luxembourg S.C.A. (0.20%).

Which major investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Ninety One North America Inc., GW&K Investment Management LLC, Goldman Sachs Group Inc., Marshall Wace LLP, Polaris Capital Management LLC, Barclays PLC, and Signaturefd LLC.

Which major investors are buying Bancolombia stock?

CIB stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Scout Investments Inc., Candriam Luxembourg S.C.A., Marathon Asset Management LLP, Macquarie Group Ltd., Deltec Asset Management LLC, Russell Investments Group Ltd., and UBS Group AG.

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, Robinhood, Fidelity, and Charles Schwab.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $26.25.

How big of a company is Bancolombia?

Bancolombia has a market capitalization of $6.31 billion and generates $6.65 billion in revenue each year. The bank earns $935.21 million in net income (profit) each year or $3.86 on an earnings per share basis. Bancolombia employs 31,075 workers across the globe.

What is Bancolombia's official website?

The official website for Bancolombia is www.grupobancolombia.com.

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 574-510-1838 or via email at [email protected]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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