Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Foreign Regional Banks
- Sub-Industry: N/A
- Symbol: NYSE:CIB
- CUSIP: N/A
- Web: www.grupobancolombia.com
- Market Cap: $10.63 billion
- Outstanding Shares: 240,456,000
- 50 Day Moving Avg: $41.39
- 200 Day Moving Avg: $38.23
- 52 Week Range: $31.77 - $46.26
Sales & Book Value:
- Trailing P/E Ratio: 10.91
- Foreward P/E Ratio: 10.37
- P/E Growth: 2.40
- Annual Revenue: $3.67 billion
- Price / Sales: 2.90
- Book Value: $30.07 per share
- Price / Book: 1.47
- Annual Dividend: $1.18
- Dividend Yield: 3.0%
- Net Margins: 14.48%
- Return on Equity: 11.22%
- Return on Assets: 1.20%
- Debt-to-Equity Ratio: 0.84%
- Current Ratio: 1.12%
- Quick Ratio: 1.12%
- Average Volume: 340,194 shs.
- Beta: 0.51
- Short Ratio: 3.45
Frequently Asked Questions for Bancolombia SA (NYSE:CIB)
What is Bancolombia SA's stock symbol?
Bancolombia SA trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."
How often does Bancolombia SA pay dividends? What is the dividend yield for Bancolombia SA?
Bancolombia SA announced a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Monday, April 3rd will be given a dividend of $0.325 per share on Thursday, April 13th. This represents a $1.30 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Thursday, March 30th. This is a boost from Bancolombia SA's previous quarterly dividend of $0.30. View Bancolombia SA's Dividend History.
How were Bancolombia SA's earnings last quarter?
Bancolombia SA (NYSE:CIB) issued its earnings results on Thursday, August, 18th. The company reported $1.03 earnings per share (EPS) for the quarter. The firm had revenue of $729.73 million for the quarter. Bancolombia SA had a net margin of 14.48% and a return on equity of 11.22%. View Bancolombia SA's Earnings History.
Where is Bancolombia SA's stock going? Where will Bancolombia SA's stock price be in 2017?
6 brokers have issued 12-month price objectives for Bancolombia SA's stock. Their forecasts range from $45.00 to $47.00. On average, they expect Bancolombia SA's share price to reach $46.00 in the next twelve months. View Analyst Ratings for Bancolombia SA.
What are analysts saying about Bancolombia SA stock?
Here are some recent quotes from research analysts about Bancolombia SA stock:
- 1. According to Zacks Investment Research, "BanColombia is Colombia's largest bank in terms of assets and also has the largest market participation in deposit products and loans. " (3/7/2017)
- 2. Credit Suisse Group AG analysts commented, "We see 3Q16 results as negative for the shares. Even though we see with good eyes the further improvement in the Tier 1 ratio, the nice performance of net fee income and the efforts on cost efficiency (mainly at the personnel expense side), results came in 18% lower q/q (7% down on a pretax basis) and 10% below our forecast (13% below consensus), negatively affected by asset quality deterioration driving provisions up. 3Q16 results suggest risks to our COP$2,546bn net income forecast for 2016 are to the downside." (11/22/2016)
Are investors shorting Bancolombia SA?
Bancolombia SA saw a decrease in short interest during the month of April. As of April 28th, there was short interest totalling 902,562 shares, a decrease of 30.1% from the April 13th total of 1,291,949 shares. Based on an average daily volume of 319,073 shares, the short-interest ratio is presently 2.8 days.
Who are some of Bancolombia SA's key competitors?
Some companies that are related to Bancolombia SA include Shinhan Financial Group Co. (SHG), KB Financial Group (KB), Banco de Chile (BCH), Santander Mexico Fincl Gp SAB deCV (BSMX), Grupo Aval Acciones y Valores SA (AVAL), Grupo Financiero Galicia S.A. (GGAL), Banco Macro SA (BMA), Itau Corpbanca (ITCB), Popular (BPOP), BBVA Banco Frances S.A. (BFR), First Bancorp (FBP), First NBC Bank Holding Company (FNBC) and Woori Bank American Depositary Shares (Each representing 3 shares of ) (WF).
Who owns Bancolombia SA stock?
Bancolombia SA's stock is owned by many different of institutional and retail investors. Top institutional investors include Harding Loevner LP (1.67%), Vanguard Group Inc. (1.27%), Earnest Partners LLC (1.20%), Lazard Asset Management LLC (0.84%), Genesis Asset Managers LLP (0.70%) and FMR LLC (0.60%). View Institutional Ownership Trends for Bancolombia SA.
Who sold Bancolombia SA stock? Who is selling Bancolombia SA stock?
Bancolombia SA's stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, State Street Corp, Axiom International Investors LLC DE, Wellington Management Group LLP, JPMorgan Chase & Co., Genesis Asset Managers LLP, Dimensional Fund Advisors LP and Global X Management Co. LLC. View Insider Buying and Selling for Bancolombia SA.
Who bought Bancolombia SA stock? Who is buying Bancolombia SA stock?
Bancolombia SA's stock was acquired by a variety of institutional investors in the last quarter, including GMT Capital Corp, Driehaus Capital Management LLC, FMR LLC, Sei Investments Co., Scout Investments Inc., Karp Capital Management Corp, Nationwide Fund Advisors and Vanguard Group Inc.. View Insider Buying and Selling for Bancolombia SA.
How do I buy Bancolombia SA stock?
Shares of Bancolombia SA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Bancolombia SA stock cost?
One share of Bancolombia SA stock can currently be purchased for approximately $44.19.
Earnings History for Bancolombia SA (NYSE:CIB)Earnings History by Quarter for Bancolombia SA (NYSE:CIB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/23/2016||Q1||$0.90||$0.54||$922.92 million||$882.40 million||View||N/A|
|2/18/2015||Q4 2014||$1.01||$0.85||$1.10 billion||View||N/A|
|8/5/2014||Q2 2014||$1.09||$1.08||$1.21 billion||View||N/A|
|5/5/2014||Q1 2014||$1.07||$1.18||$1.77 billion||View||N/A|
Earnings Estimates for Bancolombia SA (NYSE:CIB)
Current Year EPS Consensus Estimate: $3.78 EPS
Next Year EPS Consensus Estimate: $4.26 EPS
Current Dividend Information for Bancolombia SA (NYSE:CIB)
|Most Recent Dividend:||4/13/2017|
|Dividend Growth:||-10.80% (3 Year Average)|
|Payout Ratio:||35.98% (Trailing 12 Months of Earnings) |
31.22% (Based on This Year's Estimates)
27.70% (Based on Next Year's Estimates)
Dividend History by Quarter for Bancolombia SA (NYSE:CIB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Bancolombia SA (NYSE:CIB)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Bancolombia SA (NYSE:CIB)
Latest Headlines for Bancolombia SA (NYSE:CIB)
|Bancolombia SA (CIB) Given a $45.00 Price Target by Credit Suisse Group AG Analysts|
www.americanbankingnews.com - May 25 at 6:49 PM
|Bancolombia SA (CIB) Downgraded by Standpoint Research|
www.americanbankingnews.com - May 22 at 2:00 PM
|Bancolombia SA (CIB) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - May 20 at 12:12 AM
|Bancolombia SA (CIB) Short Interest Down 30.1% in April|
www.americanbankingnews.com - May 17 at 9:06 AM
|BanColombia Reaches Analyst Target Price|
www.nasdaq.com - May 12 at 9:52 PM
|Bancolombia SA (CIB) Expected to Post Earnings of $0.86 Per Share|
www.americanbankingnews.com - May 10 at 12:10 AM
|Bancolombia S.A. Announces Filing of the 2016 Annual Report on Form 20-F|
finance.yahoo.com - May 3 at 9:19 PM
|The Largest Bank in Colombia Is Undervalued|
finance.yahoo.com - May 2 at 7:27 PM
|Bancolombia SA (CIB) Receiving Somewhat Favorable News Coverage, Study Finds|
www.americanbankingnews.com - April 30 at 12:27 PM
|Bancolombia SA (CIB) Given News Impact Score of 0.21|
www.americanbankingnews.com - April 27 at 12:40 AM
|Bancolombia SA (CIB) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - April 25 at 12:52 AM
|Somewhat Positive Press Coverage Unlikely to Affect Bancolombia SA (CIB) Stock Price|
www.americanbankingnews.com - April 23 at 2:57 PM
|Positive Press Coverage Likely to Affect Bancolombia SA (CIB) Share Price|
www.americanbankingnews.com - April 20 at 6:15 PM
|Banco de Desarrollo de El Salvador -- Moody's downgrades Salvadoran banks' ratings; outlook stable|
finance.yahoo.com - April 19 at 4:18 PM
|Zacks: Brokerages Expect Bancolombia SA (CIB) Will Announce Earnings of $0.89 Per Share|
www.americanbankingnews.com - April 19 at 7:57 AM
|Short Interest in Bancolombia SA (CIB) Rises By 51.3%|
www.americanbankingnews.com - April 18 at 7:06 AM
|Does BanColombia Make for a Suitable Value Pick Right Now?|
finance.yahoo.com - April 17 at 12:12 PM
|Bancolombia SA (CIB) Given Daily News Sentiment Score of 0.46|
www.americanbankingnews.com - April 14 at 3:38 PM
|Bancolombia SA : CIB-US: Dividend Analysis : April 03rd, 2017 (record date) : By the numbers : April 12, 2017|
finance.yahoo.com - April 12 at 4:18 PM
|Bancolombia SA (CIB) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - March 30 at 1:43 PM
|Bancolombia SA (cib) Declares Dividend of $0.33|
www.americanbankingnews.com - March 23 at 8:05 AM
|CIB Crosses Below Key Moving Average Level|
www.nasdaq.com - March 3 at 4:18 PM
|Bancolombia's (CIB) CEO Juan Carlos Mora on Q4 2016 Results - Earnings Call Transcript|
seekingalpha.com - February 23 at 2:30 AM
|Bancolombia S.A. reports Q4 results|
seekingalpha.com - February 22 at 2:51 AM
|Can Value Investors Consider BanColombia as a Great Stock?|
finance.yahoo.com - February 3 at 4:35 PM
|Bancolombia S.A. upgraded by Morgan Stanley|
us.rd.yahoo.com - December 13 at 9:59 PM
|New Management Needs To Unlock Bancolombia's Potential - Seeking Alpha|
seekingalpha.com - November 11 at 8:54 PM
|Banco Agricola, S.A. -- Moody's downgrades Salvadoran banks' ratings; outlook negative|
www.moodys.com - November 9 at 11:59 AM
|Banistmo, S.A. -- Moody's downgrades Bancolombia's sub debt and BCA; affirms senior ratings|
www.moodys.com - November 8 at 8:48 PM
|With Bancolombia Shares Fairly Valued, Credit Suisse Steps To The Sidelines|
finance.yahoo.com - October 7 at 9:07 AM
|Bancolombia S.A. downgraded by Credit Suisse|
finance.yahoo.com - October 6 at 4:08 PM
|Banco Agricola, S.A. -- Moody's Downgrades Banco Agricola's Counterparty Risk Assessment, Reviews for Downgrade|
www.moodys.com - August 19 at 8:19 PM
|5 Ways You Can Invest in Colombia From Abroad (CIB, GXG)|
www.investopedia.com - August 17 at 4:20 PM
|Banco Agricola, S.A. -- Moody's downgrades Salvadoran banks ratings; reviews for further downgrade|
www.moodys.com - August 12 at 4:13 PM
Bancolombia SA (CIB) Chart for Sunday, May, 28, 2017