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:
Capitalization:- Market Cap: $10.57 billion
- Outstanding Shares: 240,456,000
Average Prices:- 50 Day Moving Avg: $44.58
- 200 Day Moving Avg: $40.69
- 52 Week Range: $31.98 - $47.20
P/E:- Trailing P/E Ratio: 10.74
- Foreward P/E Ratio: 10.56
- P/E Growth: 2.48
Sales & Book Value:- Annual Revenue: $3.48 billion
- Price / Sales: 3.04
- Book Value: $27.77 per share
- Price / Book: 1.58
Dividend:- Annual Dividend: $1.23
- Dividend Yield: 2.8%
Profitability:- Net Margins: 16.91%
- Return on Equity: 14.75%
- Return on Assets: 1.64%
Debt:- Debt-to-Equity Ratio: 0.82%
- Current Ratio: 1.12%
- Quick Ratio: 1.12%
Misc:- Average Volume: 383,808 shs.
- Beta: 0.32
- Short Ratio: 2.78
Frequently Asked Questions for BanColombia S.A. (NYSE:CIB)
What is BanColombia S.A.'s stock symbol?
BanColombia S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."
How often does BanColombia S.A. pay dividends? What is the dividend yield for BanColombia S.A.?
BanColombia S.A. announced a special dividend on Thursday, June 22nd. Investors of record on Wednesday, July 5th will be paid a dividend of $0.3116 per share on Friday, July 14th. This represents a yield of 3.1%. The ex-dividend date of this dividend is Friday, June 30th. View BanColombia S.A.'s Dividend History.
How were BanColombia S.A.'s earnings last quarter?
BanColombia S.A. (NYSE:CIB) posted its quarterly earnings results on Thursday, August, 18th. The company reported $1.03 EPS for the quarter. The company earned $729.73 million during the quarter. BanColombia S.A. had a net margin of 16.91% and a return on equity of 14.75%. View BanColombia S.A.'s Earnings History.
Where is BanColombia S.A.'s stock going? Where will BanColombia S.A.'s stock price be in 2017?
7 brokers have issued 12-month price objectives for BanColombia S.A.'s stock. Their forecasts range from $41.00 to $47.00. On average, they expect BanColombia S.A.'s stock price to reach $44.33 in the next year. View Analyst Ratings for BanColombia S.A..
What are analysts saying about BanColombia S.A. stock?
Here are some recent quotes from research analysts about BanColombia S.A. 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. " (6/9/2017)
- 2. Credit Suisse Group 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)
Who are some of BanColombia S.A.'s key competitors?
Some companies that are related to BanColombia S.A. include KB Financial Group (KB), KeyCorp (KEY), Regions Financial Corporation (RF), Huntington Bancshares Incorporated (HBAN), Credicorp (BAP), Banco De Chile (BCH), Comerica Incorporated (CMA), Banco Santander-Chile (BSAC), CIT Group Inc (DEL) (CIT), Grupo Aval Acciones y Valores S.A. (AVAL), SVB Financial Group (SIVB), East West Bancorp (EWBC), Signature Bank (SBNY), Grupo Supervielle SA -ADR (SUPV), New York Community Bancorp (NYCB), Bank of the Ozarks (OZRK), Cullen/Frost Bankers (CFR) and Commerce Bancshares (CBSH).
Who are BanColombia S.A.'s key executives?
BanColombia S.A.'s management team includes the folowing people:
- David Emilio Bojanini Garcia, Chairman of the Board
- Juan Carlos Mora Uribe, Chief Executive Officer
- Jose Humberto Acosta Martin, Chief Financial Officer
- Jaime Alberto Velasquez Botero, Chief Strategy and Finance Officer
- Rafael Barraza Dominguez, Chief Executive Officer of Banco Agricola SA
- Juan Guillermo Castrillon Sierra, Legal Representative of Bancolombia Puerto Rico
- Juan Fernando Hoyos Gomez, Legal Representative of Renting Colombia SA
- Julian Mora Gomez, Legal Representative of Fiduciaria Bancolombia
- Juan Felipe Giraldo Ospina, Legal Representative of Valores Bancolombia
- Aimee Sentmat de Grimaldo, Chief Executive Officer of Banistmo
Who owns BanColombia S.A. stock?
BanColombia S.A.'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Genesis Asset Managers LLP (0.68%), Marathon Asset Management LLP (0.24%), Aperio Group LLC (0.09%), Bank of Montreal Can (0.03%), Capstone Asset Management Co. (0.01%) and Rockefeller Financial Services Inc. (0.01%). View Institutional Ownership Trends for BanColombia S.A..
Who sold BanColombia S.A. stock? Who is selling BanColombia S.A. stock?
Who bought BanColombia S.A. stock? Who is buying BanColombia S.A. stock?
BanColombia S.A.'s stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Marathon Asset Management LLP, Eqis Capital Management Inc., Capstone Asset Management Co. and Aperio Group LLC. View Insider Buying and Selling for BanColombia S.A..
How do I buy BanColombia S.A. stock?
Shares of BanColombia S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is BanColombia S.A.'s stock price today?
One share of BanColombia S.A. stock can currently be purchased for approximately $43.94.
MarketBeat Community Rating for BanColombia S.A. (NYSE CIB)MarketBeat's community ratings are surveys of what our community members think about BanColombia S.A. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for BanColombia S.A. (NYSE:CIB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.29) |
| Consensus Price Target: | $44.33 (0.90% upside) |
Analysts' Ratings History for BanColombia S.A. (NYSE:CIB)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/5/2017 | J P Morgan Chase & Co | Reiterated Rating | Neutral | $42.00 -> $41.00 | Low |  |
| 5/24/2017 | Credit Suisse Group | Set Price Target | Hold | $45.00 | Low | |
| 5/22/2017 | Standpoint Research | Downgrade | Buy -> Hold | | Low | |
| 3/17/2017 | HSBC Holdings plc | Upgrade | Hold -> Buy | | Low | |
| 2/24/2017 | Bank of America Corporation | Downgrade | Neutral -> Underperform | | N/A | |
| 12/13/2016 | Morgan Stanley | Upgrade | Equal Weight -> Overweight | | N/A | |
| 8/22/2016 | Deutsche Bank AG | Upgrade | Hold -> Buy | $47.00 | N/A | |
| 3/29/2016 | Goldman Sachs Group, Inc. (The) | Downgrade | Buy -> Neutral | | N/A | |
| 3/24/2016 | Barclays PLC | Boost Price Target | Underweight | $29.50 -> $30.50 | N/A | |
| 8/5/2015 | Citigroup Inc. | Upgrade | Neutral -> Buy | | N/A | |
(Data available from 7/20/2015 forward)
Earnings History for BanColombia S.A. (NYSE:CIB)Earnings History by Quarter for BanColombia S.A. (NYSE CIB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/18/2016 | Q2 | | $1.03 | | $729.73 million | View | N/A | |
| 5/23/2016 | Q1 | $0.90 | $0.54 | $922.92 million | $882.40 million | View | N/A | |
| 11/12/2015 | Q3 | $0.87 | $0.71 | | $725.30 million | View | Listen | |
| 8/13/2015 | Q2 | $0.90 | $1.10 | | $999.94 million | View | Listen | |
| 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 | |
(Data available from 1/1/2011 forward)
Earnings Estimates for BanColombia S.A. (NYSE:CIB)Current Year EPS Consensus Estimate: $3.73 EPS
Next Year EPS Consensus Estimate: $4.16 EPS
Current Dividend Information for BanColombia S.A. (NYSE:CIB)| Most Recent Dividend: | 7/14/2017 |
| Annual Dividend: | $1.23 |
| Dividend Yield: | 2.80% |
| Dividend Growth: | -10.80% (3 Year Average) |
| Payout Ratio: | 26.62% (Trailing 12 Months of Earnings)
32.98% (Based on This Year's Estimates)
29.57% (Based on Next Year's Estimates)
|
Dividend History by Quarter for BanColombia S.A. (NYSE CIB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/22/2017 | special | $0.31 | 3.1% | 6/30/2017 | 7/5/2017 | 7/14/2017 |
| 3/22/2017 | quarterly | $0.33 | 3.34% | 3/30/2017 | 4/3/2017 | 4/13/2017 |
| 6/15/2016 | | $0.30 | | 9/27/2016 | 9/29/2016 | 9/29/2016 |
| 6/13/2016 | Quarterly | $0.30 | | 6/30/2016 | 7/5/2016 | 7/11/2016 |
| 3/17/2016 | | $0.29 | | 3/28/2016 | 3/30/2016 | 4/11/2016 |
| 11/13/2015 | | $0.29 | | 12/24/2015 | 12/29/2015 | 12/29/2015 |
| 8/5/2014 | special | $0.41 | 2.63% | 9/25/2014 | 9/29/2014 | 10/14/2014 |
| 6/6/2014 | special | $0.41 | | 6/24/2014 | 6/26/2014 | 7/11/2014 |
| 3/17/2014 | ... | $0.01 | 2.96% | 3/20/2014 | 3/24/2014 | 4/4/2014 |
| 3/27/2013 | special | $0.41 | | 6/25/2013 | 6/27/2013 | 7/12/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for BanColombia S.A. (NYSE:CIB)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for BanColombia S.A. (NYSE:CIB)
Latest Headlines for BanColombia S.A. (NYSE:CIB)
| Source: |
|
| Date | Headline |
|---|
 | BanColombia S.A. (NYSE:CIB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 11 at 12:40 AM |
| BanColombia S.A. (NYSE:CIB) Raised to Strong-Buy at BidaskClub
www.americanbankingnews.com - July 1 at 6:57 PM |
 | Bancolombia S.A. goes ex-dividend tomorrow
seekingalpha.com - June 29 at 11:22 PM |
| BanColombia S.A. (CIB) Expected to Post Earnings of $1.00 Per Share
www.americanbankingnews.com - June 29 at 4:32 PM |
| BidaskClub Downgrades BanColombia S.A. (CIB) to Buy
www.americanbankingnews.com - June 23 at 10:54 PM |
 | ETFs with exposure to Bancolombia SA : June 23, 2017
finance.yahoo.com - June 23 at 4:55 PM |
| BanColombia S.A. to Issue Special Dividend of $0.31 (CIB)
www.americanbankingnews.com - June 22 at 6:46 PM |
| BanColombia S.A. (CIB) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 14 at 12:46 AM |
| ETFs with exposure to Bancolombia SA : June 13, 2017
finance.yahoo.com - June 13 at 12:39 PM |
| Bancolombia SA :CIB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 5:19 PM |
| Bancolombia SA (CIB) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 9 at 9:34 PM |
| JPMorgan Chase & Co. Reiterates Neutral Rating for Bancolombia SA (CIB)
www.americanbankingnews.com - June 5 at 11:54 PM |
| Bancolombia SA (CIB) Expected to Post Earnings of $0.86 Per Share
www.americanbankingnews.com - June 5 at 2:16 PM |
 | Gmt Capital Corp Buys Teck Resources, MGM Resorts International, Coeur Mining Inc, Sells United ...
www.nasdaq.com - June 2 at 5:46 PM |
| 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 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 S.A. (CIB) Chart for Thursday, July, 20, 2017
