S&P 500   3,970.99
DOW   32,237.53
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MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Bank Accounts: Frozen! (Ad)
Bank failures and rescue test Yellen's decades of experience
Germany, EU reach agreement in combustion engine row
Bank Accounts: Frozen! (Ad)
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NYSE:CIB

Bancolombia - CIB Stock Forecast, Price & News

$22.94
+0.35 (+1.55%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$22.19
$23.09
50-Day Range
$22.26
$30.88
52-Week Range
$21.55
$45.98
Volume
424,132 shs
Average Volume
403,294 shs
Market Capitalization
N/A
P/E Ratio
3.48
Dividend Yield
8.89%
Price Target
$40.40

Bancolombia MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
56.9% Upside
$36.00 Price Target
Short Interest
Healthy
0.36% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Bancolombia in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-0.71%
From $5.60 to $5.56 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars


CIB stock logo

About Bancolombia (NYSE:CIB) Stock

Bancolombia SA provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. It operates through following operating segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment banking, Brokerage, Off Shore and Others. The firm offers automobile, personal, and education loans, credit and debit cards, securities brokerage services, fund transfers, lease and foreign trade financing, insurance, and pension funds. The company was founded on January 24, 1945 and is headquartered in Medellín, Colombia.

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CIB Stock News Headlines

My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Bancolombia: Unfairly Penalized
See More Headlines
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CIB Company Calendar

Last Earnings
5/04/2020
Ex-Dividend for 1/19 Dividend
12/29/2022
Dividend Payable
1/19/2023
Today
3/25/2023
Ex-Dividend for 4/13 Dividend
3/30/2023
Dividend Payable
4/13/2023
Next Earnings (Estimated)
5/10/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$36.00
High Stock Price Forecast
$46.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+76.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
5 Analysts

Profitability

Net Income
$1.36 billion
Pretax Margin
29.65%

Debt

Sales & Book Value

Annual Sales
$7.73 billion
Cash Flow
$7.42 per share
Book Value
$33.27 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
1.15

Key Executives

  • Juan Carlos Mora Uribe
    President & Chief Executive Officer
  • José Humberto Acosta Martin
    Chief Financial Officer & Vice President-Finance
  • Ricardo Mauricio Rosillo Rojas
    Vice President
  • Maria Cristina Arrastia Uribe
    Deputy Manager-Money Desk
  • Rodrigo Prieto Uribe
    Vice President-Risk Management













CIB Stock - Frequently Asked Questions

Should I buy or sell Bancolombia stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CIB shares.
View CIB analyst ratings
or view top-rated stocks.

What is Bancolombia's stock price forecast for 2023?

5 brokers have issued 1 year price objectives for Bancolombia's stock. Their CIB share price forecasts range from $27.00 to $46.00. On average, they expect the company's share price to reach $36.00 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price.
View analysts price targets for CIB
or view top-rated stocks among Wall Street analysts.

How have CIB shares performed in 2023?

Bancolombia's stock was trading at $28.54 at the start of the year. Since then, CIB stock has decreased by 19.6% and is now trading at $22.94.
View the best growth stocks for 2023 here
.

Are investors shorting Bancolombia?

Bancolombia saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 407,600 shares, a decline of 40.6% from the February 13th total of 686,700 shares. Based on an average trading volume of 322,600 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.
View Bancolombia's Short Interest
.

When is Bancolombia's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our CIB earnings forecast
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) issued its earnings results on Monday, May, 4th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.48. The bank earned $1.08 billion during the quarter. Bancolombia had a trailing twelve-month return on equity of 17.83% and a net margin of 21.09%.

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

Bancolombia declared a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, March 31st will be given a dividend of $0.7332 per share on Thursday, April 13th. This represents a $2.93 dividend on an annualized basis and a dividend yield of 12.79%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of $0.65.
Read our dividend analysis for CIB
.

What ETFs hold Bancolombia's stock?

ETFs with the largest weight of Bancolombia (NYSE:CIB) stock in their portfolio include ALPS Emerging Sector Dividend Dogs ETF (EDOG), Schwab Crypto Thematic ETF (STCE) and iShares Latin America 40 ETF (ILF).iShares Global Financials ETF (IXG).

Is Bancolombia a good dividend stock?

Bancolombia (NYSE:CIB) pays an annual dividend of $2.04 per share and currently has a dividend yield of 8.82%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIB will have a dividend payout ratio of 36.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIB.

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 & Company (WFC) and Walmart (WMT).

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 variety of institutional and retail investors. Top institutional shareholders include Vontobel Asset Management Inc. (0.00%), Earnest Partners LLC (0.00%), Allspring Global Investments Holdings LLC (0.42%), Arrowstreet Capital Limited Partnership (0.00%), Robeco Institutional Asset Management B.V. (0.00%) and Lazard Asset Management LLC (0.00%).

How do I buy shares of Bancolombia?

Shares of CIB stock 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 $22.94.

How many employees does Bancolombia have?

The company 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 the company is www.grupobancolombia.com. The bank can be reached via phone at (574) 404-1837, via email at caa@bancolombia.com, or via fax at 574-404-5146.

This page (NYSE:CIB) was last updated on 3/25/2023 by MarketBeat.com Staff