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S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
S&P 500   3,818.83
DOW   31,029.31
QQQ   283.80
NYSE:CIB

Bancolombia Stock Forecast, Price & News

$32.29
-0.61 (-1.85%)
(As of 06/29/2022 12:00 AM ET)
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Today's Range
$32.18
$32.99
50-Day Range
$32.29
$45.32
52-Week Range
$27.64
$45.98
Volume
507,503 shs
Average Volume
394,673 shs
Market Capitalization
$7.76 billion
P/E Ratio
5.64
Dividend Yield
9.12%
Price Target
$43.80
30 days | 90 days | 365 days | Advanced Chart

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CIB Stock Forecast (MarketRank)

Overall MarketRank

2.88 out of 5 stars

Finance Sector

266th out of 1,394 stocks

Commercial Banks, Not Elsewhere Classified Industry

4th out of 39 stocks

Analyst Opinion: 3.3Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 3.8 5 -4 -3 -2 -1 -
Bancolombia logo

About Bancolombia (NYSE:CIB)

Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, 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, and overdrafts; financial support to real estate developers and mortgages for individuals and companies; factoring; and financial and operating leasing services. The company also provides hedging instruments, 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; life, auto, commercial, and homeowner's insurance products; and online and computer banking services. Further, the company provides project and acquisition finance, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services. As of December 31, 2021, it operated 1,015 branches; 28,676 banking correspondents; 529 PAMs; 210 kiosks in El Salvador and 187 in Colombia; and 6,094 ATMs. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

CIB Stock News Headlines

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Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
31,245
Year Founded
N/A

Company Calendar

Ex-Dividend for 4/11 Dividend
3/31/2022
Dividend Payable
4/11/2022
Last Earnings
5/11/2022
Ex-Dividend for 7/11 Dividend
6/28/2022
Today
6/30/2022
Dividend Payable
7/11/2022
Next Earnings (Estimated)
8/10/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$43.80
High Stock Price Forecast
$47.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+35.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.625
Research Coverage
8 Analysts

Profitability

Net Income
$1.23 billion
Pretax Margin
39.14%

Debt

Sales & Book Value

Annual Sales
$5.87 billion
Cash Flow
$5.31 per share
Book Value
$42.33 per share

Miscellaneous

Free Float
N/A
Market Cap
$7.76 billion
Optionable
Not Optionable
Beta
1.23














Bancolombia Frequently Asked Questions

Should I buy or sell Bancolombia stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Bancolombia stock.
View analyst ratings for Bancolombia
or view top-rated stocks.

What is Bancolombia's stock price forecast for 2022?

8 Wall Street analysts have issued 1 year target prices for Bancolombia's shares. Their CIB stock forecasts range from $34.00 to $47.00. On average, they anticipate Bancolombia's share price to reach $43.80 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price.
View analysts' price targets for Bancolombia
or view top-rated stocks among Wall Street analysts.

How has Bancolombia's stock performed in 2022?

Bancolombia's stock was trading at $31.59 at the beginning of 2022. Since then, CIB shares have increased by 2.2% and is now trading at $32.29.
View the best growth stocks for 2022 here
.

Are investors shorting Bancolombia?

Bancolombia saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 289,400 shares, a decrease of 68.7% from the May 31st total of 923,600 shares. Based on an average daily trading volume, of 425,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company's stock are sold short.
View Bancolombia's Short Interest
.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Bancolombia
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) released its earnings results on Wednesday, May, 11th. The bank reported $1.92 EPS for the quarter, beating the consensus estimate of $1.17 by $0.75. The bank earned $1.35 billion during the quarter. Bancolombia had a net margin of 22.87% and a trailing twelve-month return on equity of 14.28%.
View Bancolombia's earnings history
.

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

Bancolombia declared a quarterly dividend on Wednesday, June 8th. Investors of record on Wednesday, June 29th will be paid a dividend of $0.825 per share on Monday, July 11th. This represents a $3.30 dividend on an annualized basis and a dividend yield of 10.22%. The ex-dividend date is Tuesday, June 28th.
View Bancolombia's dividend history
.

Is Bancolombia a good dividend stock?

Bancolombia(NYSE:CIB) pays an annual dividend of $3.00 per share and currently has a dividend yield of 9.12%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Bancolombia is 52.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bancolombia will have a dividend payout ratio of 47.39% next year. This indicates that Bancolombia will be able to sustain or increase its dividend.
View Bancolombia's dividend history.

Who are Bancolombia's key executives?

Bancolombia's management team includes the following people:
  • Mr. Juan Carlos Mora Uribe, Pres & CEO (Age 57)
  • Mr. José Humberto Acosta Martín, CFO & VP of Fin. (Age 60)
  • Carlos Daniel Raad Baene, Investor Relations Director & Mang.
  • Dr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 53)
  • Ms. Claudia Echavarria Uribe, Chief Legal Officer & Gen. Counsel (Age 43)
  • Mr. Rodrigo Prieto Uribe, Chief Risks Officer (Age 49)
  • Mr. Jose Mauricio Rodriguez Rios, Chief Internal Auditor Officer
  • Mr. Rafael Barraza Domínguez, CEO & Pres of Banco Agrícola SA
  • Ms. Aimeé Tialia Sentmat de Grimaldo, CEO & Pres of Banistmo (Age 52)
  • Mr. Federico Jose Bolanos Coloma, Pres of Banco Agromercantil de Guatemala - BAM

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 Acciones y Valores (AVAL), Pfizer (PFE), GSK (GSK), International Business Machines (IBM), AT&T (T), Tyson Foods (TSN), Verizon Communications (VZ), Wells Fargo (WFC) and Walmart (WMT).

What is Bancolombia's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $32.29.

How much money does Bancolombia make?

Bancolombia (NYSE:CIB) has a market capitalization of $7.76 billion and generates $5.87 billion in revenue each year. The bank earns $1.23 billion in net income (profit) each year or $5.729990 on an earnings per share basis.

How many employees does Bancolombia have?

Bancolombia employs 31,245 workers across the globe.

How can I contact Bancolombia?

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The official website for Bancolombia is www.grupobancolombia.com. The bank can be reached via phone at (574) 404-1837, via email at [email protected], or via fax at 574-404-5146.

This page (NYSE:CIB) was last updated on 6/30/2022 by MarketBeat.com Staff

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