NYSE:CIB - Bancolombia Stock Price, News, & Analysis

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$45.60 +0.29 (+0.64 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$45.60
Today's Range$45.32 - $45.81
52-Week Range$35.52 - $51.38
Volume209,748 shs
Average Volume295,119 shs
Market Capitalization$10.96 billion
P/E Ratio12.53
Dividend Yield2.60%
Beta0.71
Bancolombia S.A. 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. The company also provides capital market products, 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; and life, auto, commercial, and homeowner's insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; digital banking and revolving credit facility services. Additionally, it is involved in transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing activities. The company operates 1,153 branches, 10,349 banking correspondents, and 590 mobile service spots; 227 kiosks; and 5,630 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone574-404-1837

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.76 billion
Cash Flow$3.8611 per share
Book Value$30.48 per share

Profitability

Net Income$784.50 million

Miscellaneous

Employees31,061
Market Cap$10.96 billion
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 quarterly dividend on Monday, December 10th. Investors of record on Friday, December 28th will be given a dividend of $0.3241 per share on Monday, January 14th. This represents a $1.30 annualized dividend and a yield of 2.84%. The ex-dividend date is Thursday, December 27th. View Bancolombia's Dividend History.

How were Bancolombia's earnings last quarter?

Bancolombia SA (NYSE:CIB) announced its quarterly earnings data on Thursday, August, 18th. The bank reported $1.03 earnings per share (EPS) for the quarter. The bank had revenue of $729.73 million for the quarter. Bancolombia had a return on equity of 8.42% and a net margin of 11.39%. View Bancolombia's Earnings History.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Bancolombia.

What price target have analysts set for CIB?

5 Wall Street analysts have issued 1-year price targets for Bancolombia's shares. Their predictions range from $41.00 to $41.00. On average, they expect Bancolombia's stock price to reach $41.00 in the next year. This suggests that the stock has a possible downside of 10.1%. 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, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bancolombia.

Has Bancolombia been receiving favorable news coverage?

Media coverage about CIB stock has trended neutral on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Bancolombia earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Bancolombia's key competitors?

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 many different of retail and institutional investors. Top institutional investors include Genesis Asset Managers LLP (0.94%), BlackRock Inc. (0.70%), INCA Investments LLC (0.47%), Marathon Asset Management LLP (0.32%), Dimensional Fund Advisors LP (0.28%) and Baillie Gifford & Co. (0.23%).

Which institutional investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Scout Investments Inc., Bailard Inc., DNB Asset Management AS, Barings LLC, BlackRock Inc., Edmond DE Rothschild Holding S.A. and Dimensional Fund Advisors LP.

Which institutional investors are buying Bancolombia stock?

CIB stock was purchased by a variety of institutional investors in the last quarter, including Genesis Asset Managers LLP, Baillie Gifford & Co., State of New Jersey Common Pension Fund D, River & Mercantile Asset Management LLP, Employees Retirement System of Texas, Amundi Pioneer Asset Management Inc., Legal & General Group Plc and Standard Life Aberdeen plc.

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, Scottrade, Fidelity and Charles Schwab.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $45.60.

How big of a company is Bancolombia?

Bancolombia has a market capitalization of $10.96 billion and generates $5.76 billion in revenue each year. The bank earns $784.50 million in net income (profit) each year or $3.64 on an earnings per share basis. Bancolombia employs 31,061 workers across the globe.

What is Bancolombia's official website?

The official website for Bancolombia is http://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 or via email at [email protected]


MarketBeat Community Rating for Bancolombia (NYSE CIB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  337 (Vote Underperform)
Total Votes:  566
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.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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