S&P 500   3,900.79
DOW   31,253.13
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S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58
S&P 500   3,900.79
DOW   31,253.13
QQQ   289.58

Bancolombia (CIB) Stock Forecast, Price & News

$34.46
-2.06 (-5.64%)
(As of 05/19/2022 12:00 AM ET)
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Today's Range
$34.46
$36.71
50-Day Range
$34.46
$43.92
52-Week Range
$27.64
$44.33
Volume
566,582 shs
Average Volume
345,462 shs
Market Capitalization
$8.29 billion
P/E Ratio
6.01
Dividend Yield
8.20%
Beta
1.25
30 days | 90 days | 365 days | Advanced Chart
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Bancolombia logo

About Bancolombia

Bancolombia S. A. provides various banking products and services to individual and corporate customers 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; 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 investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, M&A, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking platform, transportation, securities brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services, as well as credit cards. As of December 31, 2020, it operated 1,057 branches; 18,631 banking correspondents; 535 PAMs; 215 kiosks in El Salvador and 137 in Colombia; and 6,124 automatic teller machines. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.

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Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
30,633
Year Founded
N/A

Sales & Book Value

Annual Sales
$5.87 billion
Cash Flow
$5.30 per share
Book Value
$39.86 per share

Profitability

Net Income
$1.23 billion
Pretax Margin
39.14%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$8.29 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
2/22/2022
Ex-Dividend for 4/11 Dividend
3/31/2022
Dividend Payable
4/11/2022
Today
5/20/2022
Next Earnings (Estimated)
8/10/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.20 out of 5 stars

Finance Sector

152nd out of 1,352 stocks

Commercial Banks, Not Elsewhere Classified Industry

3rd out of 34 stocks

Analyst Opinion: 4.3Community Rank: 4.0Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 4.4 5 -4 -3 -2 -1 -













Bancolombia (NYSE:CIB) Frequently Asked Questions

Is Bancolombia a buy 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 "buy" Bancolombia stock.
View analyst ratings for Bancolombia
or view top-rated stocks.

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) announced its quarterly earnings data on Tuesday, February, 22nd. The bank reported $1.51 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.61. The bank earned $1.25 billion during the quarter. Bancolombia had a trailing twelve-month return on equity of 14.28% and a net margin of 22.87%.
View Bancolombia's earnings history
.

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

Bancolombia announced a quarterly dividend on Thursday, March 24th. Stockholders of record on Friday, April 1st will be given a dividend of $0.828 per share on Monday, April 11th. This represents a $3.31 annualized dividend and a dividend yield of 9.61%. The ex-dividend date of this dividend is Thursday, March 31st. This is an increase from Bancolombia's previous quarterly dividend of $0.07.
View Bancolombia's dividend history
.

Is Bancolombia a good dividend stock?

Bancolombia pays an annual dividend of $3.00 per share and currently has a dividend yield of 8.20%. 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 48.39% next year. This indicates that Bancolombia will be able to sustain or increase its dividend.
View Bancolombia's dividend history.

What price target have analysts set for CIB?

8 equities research analysts have issued 1 year target prices for Bancolombia's stock. Their forecasts range from $34.00 to $47.00. On average, they anticipate Bancolombia's stock price to reach $43.80 in the next twelve months. This suggests a possible upside of 27.1% from the stock's current price.
View analysts' price targets for Bancolombia
or view top-rated stocks among Wall Street analysts.

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
  • 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), GlaxoSmithKline (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 number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.64%), Harding Loevner LP (1.20%), BlackRock Inc. (0.93%), Earnest Partners LLC (0.88%), Polaris Capital Management LLC (0.86%) and Lazard Asset Management LLC (0.40%).

Which major investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Harding Loevner LP, Invesco Ltd., JPMorgan Chase & Co., State Street Corp, Dimensional Fund Advisors LP, Mirae Asset Global Investments Co. Ltd., and Polaris Capital Management LLC.

Which major investors are buying Bancolombia stock?

CIB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Philadelphia Financial Management of San Francisco LLC, Renaissance Technologies LLC, Aaron Wealth Advisors LLC, Verition Fund Management LLC, Goldman Sachs Group Inc., Connor Clark & Lunn Investment Management Ltd., and Edmond DE Rothschild Holding S.A..

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 $34.46.

How much money does Bancolombia make?

Bancolombia has a market capitalization of $8.29 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 30,633 workers across the globe.

What is Bancolombia's official website?

The official website for Bancolombia is 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, via email at [email protected], or via fax at 574-404-5146.

This page was last updated on 5/20/2022 by MarketBeat.com Staff

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