Bancolombia: Going Digital Is A Positive

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 ...