NYSE:CIB

Bancolombia Stock Forecast, Price & News

$28.70
-0.67 (-2.28 %)
(As of 06/22/2021 12:00 AM ET)
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Today's Range
$28.69
$29.35
50-Day Range
$28.70
$33.85
52-Week Range
$24.18
$42.00
Volume221,445 shs
Average Volume243,088 shs
Market Capitalization$6.90 billion
P/E Ratio54.15
Dividend Yield0.85%
Beta1.35
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

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.31 out of 5 stars

Finance Sector

842nd out of 1,980 stocks

Commercial Banks, Not Elsewhere Classified Industry

34th out of 73 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -
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Bancolombia (NYSE:CIB) Frequently Asked Questions

Is Bancolombia a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Bancolombia stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIB, but not buy additional shares or sell existing shares.
View analyst ratings for Bancolombia
or view top-rated stocks.

What stocks does MarketBeat like better than Bancolombia?

Wall Street analysts have given Bancolombia a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Bancolombia wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Bancolombia
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) posted its quarterly earnings data on Tuesday, May, 4th. The bank reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.27. The bank had revenue of $1.11 billion for the quarter. Bancolombia had a trailing twelve-month return on equity of 1.57% and a net margin of 2.38%.
View Bancolombia's earnings history
.

How has Bancolombia's stock price been impacted by Coronavirus (COVID-19)?

Bancolombia's stock was trading at $33.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CIB stock has decreased by 13.3% and is now trading at $28.70.
View which stocks have been most impacted by COVID-19
.

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

Bancolombia declared a quarterly dividend on Tuesday, June 8th. Shareholders of record on Tuesday, June 29th will be given a dividend of $0.072 per share on Monday, July 12th. This represents a $0.29 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Monday, June 28th. This is a boost 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 $0.25 per share and currently has a dividend yield of 0.85%. Bancolombia does not yet have a strong track record of dividend growth. The dividend payout ratio of Bancolombia is 80.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Bancolombia will have a dividend payout ratio of 7.58% 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?

3 equities research analysts have issued 1-year price targets for Bancolombia's shares. Their forecasts range from $30.00 to $30.00. On average, they anticipate Bancolombia's stock price to reach $30.00 in the next year. This suggests a possible upside of 4.5% 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 56)
  • Mr. José Humberto Acosta Martín, CFO & VP of Fin. (Age 59)
  • Carlos Raad Baene, Investor Relations Mang.
  • Dr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 52)
  • Ms. Claudia Echavarria Uribe, Chief Legal Officer & Gen. Counsel (Age 42)
  • Mr. Rodrigo Prieto Uribe, Chief Risk Management Officer & VP of Risk Management (Age 48)
  • Ms. Maria Cristina Arrastía Uribe, Chief Personal & SMES Banking Officer and VP of Bus. (Age 56)
  • 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 51)

Who are some of Bancolombia's key competitors?

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.48%), Lazard Asset Management LLC (1.21%), Earnest Partners LLC (1.05%), Genesis Investment Management LLP (1.00%), Polaris Capital Management LLC (0.88%) and Marathon Asset Management LLP (0.28%).

Which major investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Genesis Investment Management LLP, Polaris Capital Management LLC, Amundi Asset Management US Inc., Barclays PLC, State of New Jersey Common Pension Fund D, Scout Investments Inc., and Russell Investments Group Ltd..

Which major investors are buying Bancolombia stock?

CIB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Lazard Asset Management LLC, INCA Investments LLC, Citadel Advisors LLC, Goldman Sachs Group Inc., Northern Trust Corp, Squarepoint Ops LLC, and Morgan Stanley.

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 $28.70.

How much money does Bancolombia make?

Bancolombia has a market capitalization of $6.90 billion and generates $6.29 billion in revenue each year. The bank earns $82.80 million in net income (profit) each year or $0.31 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.

Where are Bancolombia's headquarters?

Bancolombia is headquartered at AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, .

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 574-510-1838 or via email at [email protected]


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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