Table of Contents UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS For the six-months period ended June 30, 2024 and 2023 and the three-months period from April 01 to June 30, 2024 and 2023 Table of Contents The accompanying notes form an integral part of these Condensed Consolidated Interim Financial Statements. CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION BANCOLOMBIA S.A. AND ITS SUBSIDIARIES As of June 30, 2024 and December 31, 2023 (Stated in millions of Colombian pesos) | ...

Bancolombia S.A. (NYSE:CIB) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Juan Carlos Mora - Chief Executive Officer Laura Clavijo - Chief Economist Mauricio Wolff - Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Yuri Fernandes - JPMorgan Andres Soto - Santander Investment Securities Inc. Eric Ito - Bradesco BBI Olavo Arthuzo - UBS Operator Good morning, ladies and gentlemen, and welcome to Bancolombia's Third Quarte ...

Earnings Results 3Q24 3Q24 Overview Financial Highlights Credit Risk Other Highlights *Merco is the leading corporate monitor in Latin America that evaluates companies' reputations • Loan book up 0.5% QoQ and 4.6% YoY • Deposits up 0.7% QoQ and 6.7% YoY • NIM 6.8% • Net income COP 1.5 trillion, ROE 15.0% and ROTE 20.0% • Basel III CET1 Capital Ratio of 11.58% and Total Capital Ratio of 14.35% • Net provision charges amounted to 1.6 trillion down 1.8% QoQ equivalent to a quarterly annualized CoR of 2.4% • 90 ...

BROOKFIELD, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH) announced that it has completed the $13.4 million full and final redemption of all of its preferred stock at $825 per share. Effective October 31, 2024, CIB Marine transferred the necessary funds to its redemption agent, Computershare Trust Company, N.A., and all of CIB Marine’s outstanding preferred shares were redeemed pursuant to the Notice of Redemption and Letter of Transmittal ...

BROOKFIELD, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the "Company" or "CIB Marine") (OTCQX: CIBH), the holding company of CIBM Bank (the "Bank"), announced its unaudited results of operations and financial condition for the quarter and nine months ended September 30, 2024. Earnings are up $0.7 million for the quarter when compared to the same quarter in 2023, and up by $0.6 million compared to the prior quarter in 2024, if excluding the effects of the gain on sale from the sale-l ...

BROOKFIELD, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the "Company" or "CIB Marine") (OTCQX: CIBH) announces the full and final redemption of all preferred stock pursuant to its Second Amended and Restated Articles of Organization. Effective October 31, 2024, approximately 14,633 of CIB Marine's Series A Preferred shares and 1,610 of Series B Preferred shares will be redeemed at $825 per share. This redemption is a full redemption of all outstanding preferred stock; there will be ...

12 August 2024 | 1:01AM EDT 2131d4eaf4cb4d50b1d51c8af07b64b4 Bancolombia (CIB): Key takeaways from 2Q24 conference call - More constructive on macro scenario, but pressure from lower rates remains ROE relatively stable in 2025 Bancolombia hosted its conference call post 2Q24 results, giving more color on the outlook for net interest margin and profitability through 2025. Even though management is more constructive regarding economic activity, it still expects NIM to contract 30bps in 2025, following the exp ...

Company Overview Aside from traditional consumer banking and corporate banking, Bancolombia also participates in the capital markets through investment banking services, trust and fiduciary services, and even insurance. Investors can see that Bancolombia is heavily diversified and handles many financial activites throughout the Latin America region. Profitability has been quite consistent as ROEs have been pretty high, at 17.4% as of Q1 2024 according to the investor presentation. I have never seen a bank s ...

Stockholders should note that many factors, some of which are discussed elsewhere in this Earnings Release and in the documents that are incorporated by reference, could affect the future financial results of CIB Marine and could cause those results to differ materially from those expressed in forward-looking statements contained or incorporated by reference in this document. These factors, many of which are beyond CIB Marine's control, include but are not limited to: These factors should be considered in e ...

Bancolombia (CIB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices - - has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a ...