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
Phone574-404-1837
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.03 billion
Profitability
Miscellaneous
Employees31,061
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 announced a -- dividend on Tuesday, September 17th. Investors of record on Friday, September 27th will be paid 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) announced its quarterly earnings results on Monday, August, 5th. The bank reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.16. The bank earned $1.16 billion during the quarter. Bancolombia had a net margin of 16.24% 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 brokerages have issued 12-month price targets for Bancolombia's stock. Their forecasts range from $53.00 to $55.00. On average, they anticipate Bancolombia's share price to reach $54.00 in the next year. This suggests a possible upside of 7.4% 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 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bancolombia.
Has Bancolombia been receiving favorable news coverage?
Headlines about CIB stock have been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Bancolombia earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Bancolombia.
Are investors shorting Bancolombia?
Bancolombia saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 1,565,700 shares, an increase of 67.3% from the July 31st total of 935,900 shares. Based on an average daily volume of 264,200 shares, the days-to-cover ratio is presently 5.9 days. Currently, 1.2% 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), Lloyds Banking Group (LYG), Bank of Montreal (BMO), HANG SENG BK LT/S (HSNGY), ING Groep (ING), Banco Santander Brasil (BSBR), Canadian Imperial Bank of Commerce (CM), Boc Hong Kong (BHKLY), ICICI Bank (IBN), CR AGRICOLE S A/ADR (CRARY), Banco Bilbao Vizcaya Argentaria (BBVA), OVERSEA-CHINESE/ADR (OVCHY), Barclays (BCS), United Overseas Bank (UOVEY) and Royal Bank of Scotland Group (RBS).
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 Vontobel Asset Management Inc. (2.02%), Vanguard Group Inc. (1.60%), Earnest Partners LLC (1.00%), Genesis Asset Managers LLP (0.92%), BlackRock Inc. (0.86%) and Polaris Capital Management LLC (0.82%).
Which major investors are selling Bancolombia stock?
CIB stock was sold by a variety of institutional investors in the last quarter, including INCA Investments LLC, Genesis Asset Managers LLP, APG Asset Management N.V., Vontobel Asset Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Barings LLC, Earnest Partners LLC and Deprince Race & Zollo Inc..
Which major investors are buying Bancolombia stock?
CIB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bessemer Group Inc., William Blair Investment Management LLC, Investec Asset Management LTD, Pendal Group Ltd, Investec Asset Management North America Inc., OMERS ADMINISTRATION Corp and Aperio Group 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 $50.29.
How big of a company is Bancolombia?
Bancolombia has a market capitalization of $12.09 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 31,061 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 574-404-1837 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.
