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NYSE:CIB

Bancolombia Stock Forecast, Price & News

$25.90
-0.23 (-0.88 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$25.66
Now: $25.90
$26.07
50-Day Range
$25.16
MA: $27.51
$30.23
52-Week Range
$16.27
Now: $25.90
$56.10
Volume199,396 shs
Average Volume504,300 shs
Market Capitalization$6.23 billion
P/E Ratio13.56
Dividend Yield4.36%
Beta1.21
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: 1.9Community Rank: 2.2Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.24 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$4.84 per share
Book Value$35.94 per share

Profitability

Net Income$935.21 million

Miscellaneous

Employees31,075
Market Cap$6.23 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableNot Optionable
$25.90
-0.23 (-0.88 %)
(As of 09/25/2020 12:00 AM 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. Since then, CIB shares have decreased by 21.7% and is now trading at $25.90.
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 Wednesday, November 4th 2020.
View our earnings forecast for Bancolombia
.

How were Bancolombia's earnings last quarter?

Bancolombia SA (NYSE:CIB) issued its quarterly earnings data on Thursday, August, 6th. The bank reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.59 by $0.67. Bancolombia had a return on equity of 5.54% and a net margin of 7.68%.
View Bancolombia's earnings history
.

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

Bancolombia declared a quarterly dividend on Tuesday, August 18th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.3086 per share on Tuesday, October 13th. This represents a $1.23 annualized dividend and a yield of 4.77%. The ex-dividend date is Monday, September 28th.
View Bancolombia's dividend history
.

What price target have analysts set for CIB?

6 brokers have issued 12 month price objectives for Bancolombia's shares. Their forecasts range from $27.00 to $30.00. On average, they anticipate Bancolombia's share price to reach $28.50 in the next year. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Bancolombia
.

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), GRUPO AVAL ACCI/S (AVAL), Pfizer (PFE), GlaxoSmithKline (GSK), IBM (IBM), AT&T (T), Verizon Communications (VZ), Wells Fargo & Company (WFC), Walmart (WMT) and Alcoa (AA).

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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.50%), Genesis Investment Management LLP (1.15%), Polaris Capital Management LLC (0.96%), Ninety One UK Ltd (0.52%), Marathon Asset Management LLP (0.34%) and Scout Investments Inc. (0.26%).

Which institutional investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Vanguard Group Inc., Itau Unibanco Holding S.A., Ninety One North America Inc., Ninety One North America Inc., GW&K Investment Management LLC, and Ninety One UK Ltd.

Which institutional investors are buying Bancolombia stock?

CIB stock was acquired 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, Cubist Systematic Strategies LLC, and Russell Investments Group Ltd..

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 $25.90.

How big of a company is Bancolombia?

Bancolombia has a market capitalization of $6.23 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 9/27/2020 by MarketBeat.com Staff

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