Bancolombia SA 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.
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Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone574-510-1838
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.03 billion
Profitability
Miscellaneous
Employees31,040
Next Earnings Date11/6/2019 (Estimated)
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 -- dividend on Tuesday, September 17th. Shareholders of record on Friday, September 27th will be given a dividend of $0.3248 per share on Friday, October 11th. This represents a yield of 2.5%. The ex-dividend date is Thursday, September 26th. View Bancolombia's Dividend History.
How were Bancolombia's earnings last quarter?
Bancolombia SA (NYSE:CIB) issued its quarterly earnings results on Monday, August, 5th. The bank reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.16. The bank earned $1.16 billion during the quarter. Bancolombia had a net margin of 15.98% and a return on equity of 13.40%. View Bancolombia's Earnings History.
When is Bancolombia's next earnings date?
What price target have analysts set for CIB?
5 brokers have issued 12 month target prices for Bancolombia's shares. Their predictions range from $53.00 to $55.00. On average, they anticipate Bancolombia's stock price to reach $54.00 in the next year. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Bancolombia.
What is the consensus analysts' recommendation for Bancolombia?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Bancolombia.
Has Bancolombia been receiving favorable news coverage?
Media stories about CIB stock have trended negative on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bancolombia earned a coverage optimism score of -2.2 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Bancolombia.
Are investors shorting Bancolombia?
Bancolombia saw a decline in short interest in September. As of September 15th, there was short interest totalling 792,800 shares, a decline of 41.3% from the August 15th total of 1,350,000 shares. Based on an average trading volume of 255,800 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.6% of the company's shares are sold short. View Bancolombia's Current Options Chain.
Who are some of Bancolombia's key competitors?
Some companies that are related to Bancolombia include Sumitomo Mitsui Financial Grp (SMFG), Bank of Montreal (BMO), ING Groep (ING), Banco Santander Brasil (BSBR), ICICI Bank (IBN), HANG SENG BK LT/S (HSNGY), Canadian Imperial Bank of Commerce (CM), Royal Bank of Scotland Group (RBS), CR AGRICOLE S A/ADR (CRARY), Royal Bank of Scotland Group (RBSPF), Barclays (BCS), Boc Hong Kong (BHKLY), Banco Bilbao Vizcaya Argentaria (BBVA), OVERSEA-CHINESE/ADR (OVCHY) and United Overseas Bank (UOVEY).
What other stocks do shareholders of Bancolombia own?
Who are Bancolombia's key executives?
Bancolombia's management team includes the folowing 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)
Who are Bancolombia's major shareholders?
Bancolombia's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.15%), Bailard Inc. (0.01%), Envestnet Asset Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%) and Signaturefd LLC (0.00%).
Which major investors are selling Bancolombia stock?
CIB stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc..
Which major investors are buying Bancolombia stock?
CIB stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Envestnet Asset Management Inc., Bailard Inc. and Signaturefd LLC.
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 $50.56.
How big of a company is Bancolombia?
Bancolombia has a market capitalization of $12.16 billion and generates $6.03 billion in revenue each year. The bank earns $797.66 million in net income (profit) each year or $3.48 on an earnings per share basis. Bancolombia employs 31,040 workers across the globe.View Additional Information About Bancolombia.
What is Bancolombia's official website?
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]
MarketBeat Community Rating for Bancolombia (NYSE CIB)
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.
