Banombia S.A.(CIB)

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Banombia S.A.(CIB) - 2024 Q1 - Earnings Call Transcript
2024-05-10 20:18
Bancolombia S.A. (NYSE:CIB) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Juan Carlos Mora - Chief Executive Officer Laura Clavijo - Chief Economist Jose Humberto Acosta - Chief Financial Officer Laura Clavijo - Chief Economist Conference Call Participants Ernesto Gabilondo - Bank of America Yuri Fernandes - JPMorgan Julian Ausique - Davivienda Corredores Andres Soto - Santander Nicolas Riva - Bank of America Carlos Gomez - HSBC Tito Labarta - Goldman Sachs Operator Good morn ...
Banombia S.A.(CIB) - 2024 Q1 - Earnings Call Presentation
2024-05-10 15:35
1Q24 Overview • Deposits down -1.3% QoQ and -2.5% YoY • 90 days PDLs Coverage ratio of 176.5% Colombia's Economic Outlook 2020 Credit Risk • Net income COP 1.7 trillion, ROE 17.4% and ROTE 21.8% • We envision opportunities in agribusiness, mining and public administration. Our GDP growth forecast for 2024 was revised downward from 0.9% to 0.6%, on account of low levels of investment, a weakening labor market and tight financial conditions. 2022 Inflation continued its downward trend (7.36% as of March), tha ...
Best Income Stocks to Buy for April 15th
Zacks Investment Research· 2024-04-15 13:36
Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 15th:BanColombia (CIB) : This company which is Colombia's largest bank in terms of assets and also has the largest market participation in deposit products and loans, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.6%, compared with the industry average of 3.9%.MPLX LP (MP ...
Banombia S.A.(CIB) - 2024 Q1 - Quarterly Report
2024-04-10 00:52
B. Presentation of the consolidated financial statements C. Consolidation F-16 (6) During 2023, the trust rights were transferred by Valores Simesa S.A. (7) On March 1, 2022, the Parent Company was established as trustor of P.A. FAI Calle 77, owner of a property that will be used for rental housing. For further information, see Note 1. Reporting entity and Note 9.3. Business combination. (8) On April 4, 2022, the Parent Company was appointed as trustor of 100% of the trust rights of Patrimonio Autonomo Noma ...
Best Income Stocks to Buy for April 3rd
Zacks Investment Research· 2024-04-03 10:11
Here are two stocks with buy rank and strong income characteristics for investors to consider today, April 3:Zurich Insurance Group AG (ZURVY) : This insurance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% the last 60 days.This Zacks Rank #1 company has a dividend yield of 4.2%, compared with the industry average of 1.8%.Bancolombia (CIB) : This company which provides banking products and services has witnessed the Zacks Consensus Estimate for its current y ...
Best Value Stocks to Buy for April 3rd
Zacks Investment Research· 2024-04-03 09:56
Here are three stocks with buy rank and strong value characteristics for investors to consider today, April 3:Viad Corp (VVI) : This experiential events company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.4% over the last 60 days.Viad Corp has a price-to-earnings ratio (P/E) of 18.24 compared with 23.50 for the industry. The company possesses a Value Score of A.Bancolombia (CIB) : This company which provides banking products and service ...
What Makes Bancolombia (CIB) a New Buy Stock
Zacks Investment Research· 2024-04-01 17:00
Investors might want to bet on Bancolombia (CIB) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of ...
Banombia S.A.(CIB) - 2023 Q4 - Annual Report
2024-03-26 20:46
| --- | --- | |------------------------------------|--------------------------------------------------------------------------| | | AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH 26, 2024 | | | | | UNITED STATES | | | SECURITIES AND EXCHANGE COMMISSION | | | WASHINGTON, DC 20549 | | | FORM 20-F | | ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION ...
Banombia S.A.(CIB) - 2023 Q4 - Earnings Call Transcript
2024-02-23 20:38
Bancolombia SA (NYSE:CIB) Q4 2023 Results Conference Call February 21, 2024 9:00 AM ET Company Participants Juan Carlos Mora - Chief Executive Officer Laura Clavijo - Chief Economist Jose Humberto Acosta - Chief Financial Officer Julian Marra - Chief Corporate Officer Rodrigo Preto - Chief Risk Officer Catalina Tobin - Investor Relations and Capital Markets Conference Call Participants Tito Labarta - Goldman Sachs Yuri Fernandes - JPMorgan Andres Soto - Santander Bank Carlos Gomez - HSBC Alonso Aramburu - B ...
Best Income Stocks to Buy for January 19th
Zacks Investment Research· 2024-01-19 13:26
Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 19th:BanColombia (CIB) : This company which is the largest bank in terms of assets and also has the largest market participation in deposit products and loans, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.This Zacks Rank #1 (Strong Buy) company has a dividend yield of 10.4%, compared with the industry average of 4.0%.Komatsu (KMTUY) ...