About BanColombia S.A. (NYSE:CIB)
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:
- Market Cap: $10.59213 billion
- Outstanding Shares: 240,456,000
- 50 Day Moving Avg: $46.16
- 200 Day Moving Avg: $43.90
- 52 Week Range: $31.98 - $48.74
Sales & Book Value:
- Trailing P/E Ratio: 10.43
- Foreward P/E Ratio: 10.30
- P/E Growth: 1.65
- Annual Revenue: $3.73 billion
- Price / Sales: 2.85
- Book Value: $30.87 per share
- Price / Book: 1.43
- Annual Dividend: $1.28
- Dividend Yield: 2.9%
- Net Margins: 15.69%
- Return on Equity: 14.40%
- Return on Assets: 1.62%
- Debt-to-Equity Ratio: 0.79%
- Current Ratio: 1.11%
- Quick Ratio: 1.11%
- Average Volume: 372,180 shs.
- Beta: 0.32
- Short Ratio: 4.16
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. declared a quarterly dividend on Friday, September 15th. Stockholders of record on Thursday, September 28th will be given a dividend of $0.3278 per share on Thursday, October 12th. This represents a $1.31 annualized dividend and a dividend yield of 2.97%. The ex-dividend date is Wednesday, September 27th. This is a positive change from BanColombia S.A.'s previous quarterly dividend of $0.33. View BanColombia S.A.'s Dividend History.
How were BanColombia S.A.'s earnings last quarter?
BanColombia S.A. (NYSE:CIB) issued its earnings results on Thursday, August, 18th. The company reported $1.03 EPS for the quarter. The firm had revenue of $729.73 million for the quarter. BanColombia S.A. had a net margin of 15.69% and a return on equity of 14.40%. View BanColombia S.A.'s Earnings History.
When will BanColombia S.A. make its next earnings announcement?
Where is BanColombia S.A.'s stock going? Where will BanColombia S.A.'s stock price be in 2017?
7 analysts have issued twelve-month price objectives for BanColombia S.A.'s stock. Their predictions range from $41.00 to $45.00. On average, they anticipate BanColombia S.A.'s share price to reach $43.00 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. " (9/19/2017)
- 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), Shinhan Financial Group Co Ltd (SHG), KeyCorp (KEY), Regions Financial Corporation (RF), Credicorp (BAP), Banco De Chile (BCH), Huntington Bancshares Incorporated (HBAN), Banco Santander-Chile (BSAC), Comerica Incorporated (CMA), SVB Financial Group (SIVB), Grupo Supervielle SA -ADR (SUPV), Macro Bank (BMA), East West Bancorp (EWBC), Grupo Financiero Galicia S.A. (GGAL), Signature Bank (SBNY), CIT Group Inc (DEL) (CIT), New York Community Bancorp (NYCB) and Cullen/Frost Bankers (CFR).
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
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?
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.
One share of BanColombia S.A. stock can currently be purchased for approximately $44.19.
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: ||3 Sell Ratings, 3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 1.71)|
|Consensus Price Target: ||$43.00 (2.69% downside)|Consensus Price Target History for BanColombia S.A. (NYSE:CIB)
Analysts' Ratings History for BanColombia S.A. (NYSE:CIB)
(Data available from 10/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/4/2017||J P Morgan Chase & Co||Downgrade||Neutral -> Underweight||$41.00||Low|
|9/20/2017||Santander||Downgrade||Hold -> Underperform||Medium|
|8/15/2017||HSBC Holdings plc||Downgrade||Buy -> Hold||Low|
|5/24/2017||Credit Suisse Group||Set Price Target||Hold||$45.00||Low|
|5/22/2017||Standpoint Research||Downgrade||Buy -> Hold||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|
Earnings History for BanColombia S.A. (NYSE:CIB)Earnings History by Quarter for BanColombia S.A. (NYSE CIB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/20/2017|| || || || || || || || |
|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 S.A. (NYSE:CIB)
Current Year EPS Consensus Estimate: $3.74 EPS
Next Year EPS Consensus Estimate: $4.29 EPS
Current Dividend Information for BanColombia S.A. (NYSE:CIB)
|Most Recent Dividend:||10/12/2017|
|Dividend Growth:||-10.80% (3 Year Average)|
|Payout Ratio:||28.64% (Trailing 12 Months of Earnings) |
34.22% (Based on This Year's Estimates)
29.84% (Based on Next Year's Estimates)
Dividend History by Quarter for BanColombia S.A. (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 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)
|BanColombia S.A. (CIB) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - October 19 at 2:34 AM
|Bancolombia SA : CIB-US: Dividend Analysis : September 28th, 2017 (record date) : By the numbers : October 11, 2017|
finance.yahoo.com - October 11 at 6:43 PM
|ETFs with exposure to Bancolombia SA : October 10, 2017|
finance.yahoo.com - October 10 at 6:25 PM
|Bancolombia SA :CIB-US: Earnings Analysis: Q2, 2017 By the Numbers : October 9, 2017|
finance.yahoo.com - October 9 at 5:50 PM
|Bancolombia S.A. -- Moody's assigns Ba3 (hyb) to proposed additional Tier 2 notes of Bancolombia|
finance.yahoo.com - October 2 at 4:55 PM
|BanColombia S.A. (CIB) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 24 at 12:42 AM
|Stocks Showing Improving Market Leadership: Bancolombia Earns 81 RS Rating|
finance.yahoo.com - September 22 at 4:12 PM
|BanColombia S.A. (CIB) Stock Rating Lowered by Santander|
www.americanbankingnews.com - September 20 at 11:58 AM
|BanColombia S.A. (CIB) Announces Quarterly Dividend of $0.33|
www.americanbankingnews.com - September 15 at 6:28 PM
|Bancolombia Earns Relative Strength Rating Upgrade; Hits Key Threshold|
finance.yahoo.com - September 5 at 6:46 PM
|Stocks To Watch: Bancolombia Sees Relative Strength Rating Rise To 83|
finance.yahoo.com - August 30 at 4:56 PM
|BanColombia S.A. (CIB) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - August 30 at 12:44 AM
|Stocks With Rising Relative Price Strength: Bancolombia|
finance.yahoo.com - August 28 at 10:06 PM
|Financial Review: BanColombia (CIB) vs. ConnectOne Bancorp (CNOB)|
www.americanbankingnews.com - August 22 at 4:16 PM
|Bancolombia SA : CIB-US: Dividend Analysis : July 05th, 2017 (record date) : By the numbers : August 18, 2017|
finance.yahoo.com - August 18 at 5:16 PM
|BanColombia S.A. (CIB) Lowered to "Hold" at HSBC Holdings plc|
www.americanbankingnews.com - August 15 at 4:20 PM
| Analysts Expect BanColombia S.A. (CIB) Will Post Earnings of $1.00 Per Share|
www.americanbankingnews.com - August 13 at 12:06 AM
|Why Colombian Consumer Confidence Improved in June 2017|
finance.yahoo.com - August 11 at 5:40 PM
|BanColombia S.A. (NYSE:CIB) to Release Earnings on Friday|
www.americanbankingnews.com - August 11 at 7:16 AM
|BanColombia S.A. (CIB) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - August 5 at 12:38 AM
|BanColombia S.A. (NYSE:CIB) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - July 11 at 12:40 AM
|Bancolombia S.A. goes ex-dividend tomorrow|
seekingalpha.com - June 29 at 11:22 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 Reaches Analyst Target Price|
www.nasdaq.com - May 12 at 9:52 PM
|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
|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
|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, October, 19, 2017