Bancolombia S.A. (CIB)

USD 31.56

(-3.04%)

Market Cap (In USD)

8.05 Billion

Revenue (In USD)

20878.33 Billion

Net Income (In USD)

6116.93 Billion

Avg. Volume

229.97 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
29.37-37.85
PE
-
EPS
-
Beta Value
1.098
ISIN
US05968L1026
CUSIP
05968L102
CIK
1071371
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Juan Carlos Mora Uribe
Employee Count
-
Website
https://www.grupobancolombia.com
Ipo Date
1995-07-26
Details
Bancolombia S.A. provides banking products and services 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; factoring; 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 project and acquisition finance, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services. As of December 31, 2021, it operated 1,015 branches; 28,676 banking correspondents; 529 PAMs; 210 kiosks in El Salvador and 187 in Colombia; and 6,094 ATMs. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medellín, Colombia.