Bancolombia Says Third-Quarter Profit Rises 13% From Year Ago

Bancolombia SA (BCOLO), Colombia’s largest lender, reported a 13 percent increase in consolidated third- quarter profit compared to a year earlier.

Net income rose to 424 billion pesos ($223 million) in the third quarter, the company said today in a regulatory filing.

To contact the reporter on this story: Blake Schmidt in Bogota at bschmidt16@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.