NYSE:CIB - Bancolombia Stock Price, News, & Analysis

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$42.05 +2.00 (+4.99 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$40.05
Today's Range$40.05 - $42.10
52-Week Range$35.92 - $51.38
Volume27,034 shs
Average Volume375,813 shs
Market Capitalization$9.39 billion
P/E Ratio11.49
Dividend Yield3.45%
Beta0.58
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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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CIB
Previous Symbol
CUSIPN/A
Phone574-404-1837

Debt

Debt-to-Equity Ratio0.77
Current Ratio1.12
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio11.49
Forward P/E Ratio11.75
P/E Growth0.77

Sales & Book Value

Annual Sales$5.76 billion
Price / Sales1.76
Cash Flow$4.0944 per share
Price / Cash10.27
Book Value$31.02 per share
Price / Book1.36

Profitability

EPS (Most Recent Fiscal Year)$3.64
Net Income$784.50 million
Net Margins11.39%
Return on Equity8.42%
Return on Assets0.99%

Miscellaneous

Employees31,061
Outstanding Shares240,460,000
Market Cap$9.39 billion
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 declared a quarterly dividend on Monday, September 10th. Investors of record on Thursday, September 27th will be paid a dividend of $0.334 per share on Thursday, October 11th. This represents a $1.34 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Wednesday, September 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 earnings per share for the quarter. The bank had revenue of $729.73 million for the quarter. Bancolombia had a return on equity of 8.42% and a net margin of 11.39%. View Bancolombia's Earnings History.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Bancolombia.

What price target have analysts set for CIB?

6 analysts have issued 1 year target prices for Bancolombia's shares. Their forecasts range from $41.00 to $41.00. On average, they expect Bancolombia's stock price to reach $41.00 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View Analyst Price Targets for Bancolombia.

What is the consensus analysts' recommendation for Bancolombia?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 6 hold 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 somewhat positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bancolombia earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the next few days.

Who are some of Bancolombia's key competitors?

Who are Bancolombia's key executives?

Bancolombia's management team includes the folowing people:
  • Mr. Juan Carlos Mora Uribe, Pres & CEO (Age 53)
  • Mr. José Humberto Acosta Martin, VP of Fin. & CFO (Age 56)
  • Mr. Jorge Ospina Lara, VP of Technology Services
  • Mr. Alejandro Mejia Jaramillo, Investor Relations Mang. (Age 53)
  • Mr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 49)

Who are Bancolombia's major shareholders?

Bancolombia's stock is owned by many different of retail and institutional investors. Top institutional investors include Marathon Asset Management LLP (1.40%), Earnest Partners LLC (1.19%), BlackRock Inc. (0.72%), Genesis Asset Managers LLP (0.65%), Wells Fargo & Company MN (0.49%) and Dimensional Fund Advisors LP (0.29%).

Which institutional investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including Northern Cross LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Genesis Asset Managers LLP, FMR LLC, Trilogy Global Advisors LP, Renaissance Technologies LLC and AMP Capital Investors Ltd.

Which institutional investors are buying Bancolombia stock?

CIB stock was acquired by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, BlackRock Inc., Mirae Asset Global Investments Co. Ltd., DNB Asset Management AS, Bank of New York Mellon Corp, Deprince Race & Zollo Inc., Barings LLC and Credit Suisse 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, Scottrade, Fidelity and Charles Schwab.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $41.97.

How big of a company is Bancolombia?

Bancolombia has a market capitalization of $9.39 billion and generates $5.76 billion in revenue each year. The bank earns $784.50 million in net income (profit) each year or $3.64 on an earnings per share basis. Bancolombia employs 31,061 workers across the globe.

What is Bancolombia's official website?

The official website for Bancolombia is http://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 574-404-1837 or via email at [email protected]


MarketBeat Community Rating for Bancolombia (NYSE CIB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  546
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.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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