Bancolombia SA Company Profile (NYSE:CIB)

About Bancolombia SA (NYSE:CIB)

Bancolombia SA logoBancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Foreign Regional Banks
  • Sub-Industry: N/A
  • Symbol: NYSE:CIB
  • CUSIP: N/A
  • Web: www.grupobancolombia.com
Capitalization:
  • Market Cap: $10.63 billion
  • Outstanding Shares: 240,456,000
Average Prices:
  • 50 Day Moving Avg: $41.39
  • 200 Day Moving Avg: $38.23
  • 52 Week Range: $31.77 - $46.26
P/E:
  • Trailing P/E Ratio: 10.91
  • Foreward P/E Ratio: 10.37
  • P/E Growth: 2.40
Sales & Book Value:
  • Annual Revenue: $3.67 billion
  • Price / Sales: 2.90
  • Book Value: $30.07 per share
  • Price / Book: 1.47
Dividend:
  • Annual Dividend: $1.18
  • Dividend Yield: 3.0%
Profitability:
  • Net Margins: 14.48%
  • Return on Equity: 11.22%
  • Return on Assets: 1.20%
Debt:
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 1.12%
  • Quick Ratio: 1.12%
Misc:
  • Average Volume: 340,194 shs.
  • Beta: 0.51
  • Short Ratio: 3.45
 

Frequently Asked Questions for Bancolombia SA (NYSE:CIB)

What is Bancolombia SA's stock symbol?

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

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

Bancolombia SA declared a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Monday, April 3rd will be given a dividend of $0.325 per share on Thursday, April 13th. This represents a $1.30 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, March 30th. This is a positive change from Bancolombia SA's previous quarterly dividend of $0.30. View Bancolombia SA's Dividend History.

How were Bancolombia SA's earnings last quarter?

Bancolombia SA (NYSE:CIB) posted its quarterly earnings data on Thursday, August, 18th. The company reported $1.03 earnings per share (EPS) for the quarter. The firm had revenue of $729.73 million for the quarter. Bancolombia SA had a return on equity of 11.22% and a net margin of 14.48%. View Bancolombia SA's Earnings History.

Where is Bancolombia SA's stock going? Where will Bancolombia SA's stock price be in 2017?

6 equities research analysts have issued 1-year price targets for Bancolombia SA's shares. Their forecasts range from $45.00 to $47.00. On average, they expect Bancolombia SA's stock price to reach $46.00 in the next year. View Analyst Ratings for Bancolombia SA.

What are analysts saying about Bancolombia SA stock?

Here are some recent quotes from research analysts about Bancolombia SA stock:

  • 1. According to Zacks Investment Research, "BanColombia is Colombia's largest bank in terms of assets and also has the largest market participation in deposit products and loans. " (3/7/2017)
  • 2. Credit Suisse Group AG analysts commented, "We see 3Q16 results as negative for the shares. Even though we see with good eyes the further improvement in the Tier 1 ratio, the nice performance of net fee income and the efforts on cost efficiency (mainly at the personnel expense side), results came in 18% lower q/q (7% down on a pretax basis) and 10% below our forecast (13% below consensus), negatively affected by asset quality deterioration driving provisions up. 3Q16 results suggest risks to our COP$2,546bn net income forecast for 2016 are to the downside." (11/22/2016)

Are investors shorting Bancolombia SA?

Bancolombia SA saw a decrease in short interest in the month of April. As of April 28th, there was short interest totalling 902,562 shares, a decrease of 30.1% from the April 13th total of 1,291,949 shares. Based on an average daily trading volume, of 319,073 shares, the days-to-cover ratio is currently 2.8 days.

Who are some of Bancolombia SA's key competitors?

Who are Bancolombia SA's key executives?

Bancolombia SA's management team includes the folowing people:

  • David Emilio Bojanini Garcia, Chairman of the Board
  • Carlos Raul Yepes Jimenez, Chief Executive Officer, Legal Representative
  • Jose Humberto Acosta Martin, Chief Financial Officer
  • Rafael Barraza Dominguez, Chief Executive Officer of Banco Agricola SA
  • Juan David Correa Solorzano, Legal Representative of Fiduciaria Bancolombia SA
  • Esteban Gaviria Vasquez, Legal Representative of Leasing Bancolombia SA
  • Juan Fernando Hoyos Gomez, Legal Representative of Renting Colombia SA
  • Ricardo Jaramillo Meija Uribe, Legal Representative of Banca de Inversion Bancolombia SA Corporacion Financiera
  • Aimee Sentmat de Grimaldo, Chief Executive Officer of Banistmo
  • Jean Pierre Serani Toro, Legal Representative of Valores Bancolombia

Who owns Bancolombia SA stock?

Bancolombia SA's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Harding Loevner LP (1.67%), Vanguard Group Inc. (1.27%), Earnest Partners LLC (1.20%), Lazard Asset Management LLC (0.84%), Genesis Asset Managers LLP (0.70%) and FMR LLC (0.60%). View Institutional Ownership Trends for Bancolombia SA.

Who sold Bancolombia SA stock? Who is selling Bancolombia SA stock?

Bancolombia SA's stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State Street Corp, Axiom International Investors LLC DE, Wellington Management Group LLP, JPMorgan Chase & Co., Genesis Asset Managers LLP, Dimensional Fund Advisors LP and Global X Management Co. LLC. View Insider Buying and Selling for Bancolombia SA.

Who bought Bancolombia SA stock? Who is buying Bancolombia SA stock?

Bancolombia SA's stock was acquired by a variety of institutional investors in the last quarter, including GMT Capital Corp, Driehaus Capital Management LLC, FMR LLC, Sei Investments Co., Scout Investments Inc., Karp Capital Management Corp, Nationwide Fund Advisors and Vanguard Group Inc.. View Insider Buying and Selling for Bancolombia SA.

How do I buy Bancolombia SA stock?

Shares of Bancolombia SA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bancolombia SA's stock price today?

One share of Bancolombia SA stock can currently be purchased for approximately $44.19.


MarketBeat Community Rating for Bancolombia SA (NYSE CIB)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  234
MarketBeat's community ratings are surveys of what our community members think about Bancolombia SA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Bancolombia SA (NYSE:CIB) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $46.00 (4.10% upside)

Analysts' Ratings History for Bancolombia SA (NYSE:CIB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017Credit Suisse Group AGSet Price TargetHold$45.00LowView Rating Details
5/22/2017Standpoint ResearchDowngradeBuy -> HoldLowView Rating Details
3/17/2017HSBC Holdings plcUpgradeHold -> BuyLowView Rating Details
2/24/2017Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
12/13/2016Morgan StanleyUpgradeEqual Weight -> OverweightN/AView Rating Details
8/22/2016Deutsche Bank AGUpgradeHold -> Buy$47.00N/AView Rating Details
3/29/2016Goldman Sachs Group IncDowngradeBuy -> NeutralN/AView Rating Details
3/24/2016Barclays PLCBoost Price TargetUnderweight$29.50 -> $30.50N/AView Rating Details
10/28/2015JPMorgan Chase & Co.DowngradeOverweight -> NeutralN/AView Rating Details
8/5/2015Citigroup IncUpgradeNeutral -> BuyN/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Bancolombia SA (NYSE:CIB)
Earnings by Quarter for Bancolombia SA (NYSE:CIB)
Earnings History by Quarter for Bancolombia SA (NYSE:CIB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/18/2016Q2$1.03$729.73 millionViewN/AView Earnings Details
5/23/2016Q1$0.90$0.54$922.92 million$882.40 millionViewN/AView Earnings Details
11/12/2015Q3$0.87$0.71$725.30 millionViewListenView Earnings Details
8/13/2015Q2$0.90$1.10$999.94 millionViewListenView Earnings Details
2/18/2015Q4 2014$1.01$0.85$1.10 billionViewN/AView Earnings Details
8/5/2014Q2 2014$1.09$1.08$1.21 billionViewN/AView Earnings Details
5/5/2014Q1 2014$1.07$1.18$1.77 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bancolombia SA (NYSE:CIB)
Current Year EPS Consensus Estimate: $3.78 EPS
Next Year EPS Consensus Estimate: $4.26 EPS

Dividends

Current Dividend Information for Bancolombia SA (NYSE:CIB)
Most Recent Dividend:4/13/2017
Annual Dividend:$1.18
Dividend Yield:2.67%
Dividend Growth:-10.80% (3 Year Average)
Payout Ratio:35.98% (Trailing 12 Months of Earnings)
31.22% (Based on This Year's Estimates)
27.70% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Bancolombia SA (NYSE:CIB)

Dividend History by Quarter for Bancolombia SA (NYSE:CIB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/22/2017quarterly$0.333.34%3/30/20174/3/20174/13/2017
6/15/2016$0.309/27/20169/29/20169/29/2016
6/13/2016Quarterly$0.306/30/20167/5/20167/11/2016
3/17/2016$0.293/28/20163/30/20164/11/2016
11/13/2015$0.2912/24/201512/29/201512/29/2015
8/5/2014special$0.412.63%9/25/20149/29/201410/14/2014
6/6/2014special$0.416/24/20146/26/20147/11/2014
3/17/2014...$0.012.96%3/20/20143/24/20144/4/2014
3/27/2013special$0.416/25/20136/27/20137/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Bancolombia SA (NYSE:CIB)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Bancolombia SA (NYSE:CIB)
Latest Headlines for Bancolombia SA (NYSE:CIB)
Source:
DateHeadline
americanbankingnews.com logoBancolombia SA (CIB) Given a $45.00 Price Target by Credit Suisse Group AG Analysts
www.americanbankingnews.com - May 25 at 6:49 PM
americanbankingnews.com logoBancolombia SA (CIB) Downgraded by Standpoint Research
www.americanbankingnews.com - May 22 at 2:00 PM
americanbankingnews.com logoBancolombia SA (CIB) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 20 at 12:12 AM
americanbankingnews.com logoBancolombia SA (CIB) Short Interest Down 30.1% in April
www.americanbankingnews.com - May 17 at 9:06 AM
nasdaq.com logoBanColombia Reaches Analyst Target Price
www.nasdaq.com - May 12 at 9:52 PM
americanbankingnews.com logoBancolombia SA (CIB) Expected to Post Earnings of $0.86 Per Share
www.americanbankingnews.com - May 10 at 12:10 AM
finance.yahoo.com logoBancolombia S.A. Announces Filing of the 2016 Annual Report on Form 20-F
finance.yahoo.com - May 3 at 9:19 PM
finance.yahoo.com logoThe Largest Bank in Colombia Is Undervalued
finance.yahoo.com - May 2 at 7:27 PM
americanbankingnews.com logoBancolombia SA (CIB) Receiving Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 30 at 12:27 PM
americanbankingnews.com logoBancolombia SA (CIB) Given News Impact Score of 0.21
www.americanbankingnews.com - April 27 at 12:40 AM
americanbankingnews.com logoBancolombia SA (CIB) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - April 25 at 12:52 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Unlikely to Affect Bancolombia SA (CIB) Stock Price
www.americanbankingnews.com - April 23 at 2:57 PM
americanbankingnews.com logoPositive Press Coverage Likely to Affect Bancolombia SA (CIB) Share Price
www.americanbankingnews.com - April 20 at 6:15 PM
finance.yahoo.com logoBanco de Desarrollo de El Salvador -- Moody's downgrades Salvadoran banks' ratings; outlook stable
finance.yahoo.com - April 19 at 4:18 PM
americanbankingnews.com logoZacks: Brokerages Expect Bancolombia SA (CIB) Will Announce Earnings of $0.89 Per Share
www.americanbankingnews.com - April 19 at 7:57 AM
americanbankingnews.com logoShort Interest in Bancolombia SA (CIB) Rises By 51.3%
www.americanbankingnews.com - April 18 at 7:06 AM
finance.yahoo.com logoDoes BanColombia Make for a Suitable Value Pick Right Now?
finance.yahoo.com - April 17 at 12:12 PM
americanbankingnews.com logoBancolombia SA (CIB) Given Daily News Sentiment Score of 0.46
www.americanbankingnews.com - April 14 at 3:38 PM
finance.yahoo.com logoBancolombia SA : CIB-US: Dividend Analysis : April 03rd, 2017 (record date) : By the numbers : April 12, 2017
finance.yahoo.com - April 12 at 4:18 PM
americanbankingnews.com logoBancolombia SA (CIB) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - March 30 at 1:43 PM
americanbankingnews.com logoBancolombia SA (cib) Declares Dividend of $0.33
www.americanbankingnews.com - March 23 at 8:05 AM
nasdaq.com logoCIB Crosses Below Key Moving Average Level
www.nasdaq.com - March 3 at 4:18 PM
seekingalpha.com logoBancolombia's (CIB) CEO Juan Carlos Mora on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 2:30 AM
seekingalpha.com logoBancolombia S.A. reports Q4 results
seekingalpha.com - February 22 at 2:51 AM
finance.yahoo.com logoCan Value Investors Consider BanColombia as a Great Stock?
finance.yahoo.com - February 3 at 4:35 PM
us.rd.yahoo.com logoBancolombia S.A. upgraded by Morgan Stanley
us.rd.yahoo.com - December 13 at 9:59 PM
seekingalpha.com logoNew Management Needs To Unlock Bancolombia's Potential - Seeking Alpha
seekingalpha.com - November 11 at 8:54 PM
moodys.com logoBanco Agricola, S.A. -- Moody's downgrades Salvadoran banks' ratings; outlook negative
www.moodys.com - November 9 at 11:59 AM
moodys.com logoBanistmo, S.A. -- Moody's downgrades Bancolombia's sub debt and BCA; affirms senior ratings
www.moodys.com - November 8 at 8:48 PM
finance.yahoo.com logoWith Bancolombia Shares Fairly Valued, Credit Suisse Steps To The Sidelines
finance.yahoo.com - October 7 at 9:07 AM
finance.yahoo.com logoBancolombia S.A. downgraded by Credit Suisse
finance.yahoo.com - October 6 at 4:08 PM
moodys.com logoBanco Agricola, S.A. -- Moody's Downgrades Banco Agricola's Counterparty Risk Assessment, Reviews for Downgrade
www.moodys.com - August 19 at 8:19 PM
investopedia.com logo5 Ways You Can Invest in Colombia From Abroad (CIB, GXG)
www.investopedia.com - August 17 at 4:20 PM
moodys.com logoBanco Agricola, S.A. -- Moody's downgrades Salvadoran banks ratings; reviews for further downgrade
www.moodys.com - August 12 at 4:13 PM

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Chart

Bancolombia SA (CIB) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff