January 20, 2017 8:20 PM ET

Banks

Company Overview of Bancolombia S.A.

Company Overview

Bancolombia S.A. provides various banking products and services to individual, corporate, and government customers. The company operates through ten segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Banking Panama, Insurance, Off Shore, 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, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services. The company also provides capital ma...

Carrera 48 # 26-85

Avenida Los Industriales

Medellín,  

Colombia

Founded in 1945

34,840 Employees

Phone:

57 4 404 1837

Key Executives for Bancolombia S.A.

Bancolombia S.A. does not have any Key Executives recorded.

Bancolombia S.A. Key Developments

Bancolombia S.A. Appoints Gabriel Di Lelle as Corporate Vice President of Innovation and Digital Transformation

Bancolombia announced the designation of Gabriel Di Lelle as the new Corporate Vice President of Innovation and Digital Transformation. Dr. Di Lelle will begin to act as a legal representative of Bancolombia S.A. after approval of the designation by the Superintendence of Finance. The approval procedure is expected to be complete the first quarter of 2017. He joins Grupo Bancolombia after several years as leader of IBM's specialized consulting unit on digital transformation for financial institutions - Spanish South America region.

Bancolombia S.A. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Bancolombia S.A. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported total interest income of COP 4,093,446 million against COP 2,811,019 million a year ago. Net interest income was COP 2,500,532 million against COP 1,758,298 million a year ago. Profit before tax was COP 1,026,481 million against COP 617,838 million a year ago. Net income was COP 603,924 million against COP 541,314 million a year ago. Return on average total assets from continuing operations was 1.29% against 1.25% a year ago. Return on average shareholders’ equity was 12.43% against 11.16% a year ago. Net income per ADS from continuing operations was COP 0.88 compared to COP 0.71 a year ago. For the nine months, the company reported total interest income of COP 11,654,056 million against COP 8,181,614 million a year ago. Net interest income was COP 7,232,448 million against COP 5,308,745 million a year ago. Profit before tax was COP 3,112,669 million against COP 2,419,014 million a year ago. Net income was COP 1,734,349 million against COP 1,862,538 million a year ago. Return on average total assets from continuing operations was 1.21% against 1.54% a year ago. Return on average shareholders’ equity was 11.85% against 13.52% a year ago. Net income per ADS from continuing operations was COP 2.49 compared to COP 2.41 a year ago.

Bancolombia S.A. Presents at UBS Global Emerging Markets One-on-One Conference, Nov-29-2016

Bancolombia S.A. Presents at UBS Global Emerging Markets One-on-One Conference, Nov-29-2016 . Venue: InterContinental New York Times Square, 300 West 44th Street at 8th Avenue, New York, United States. Speakers: Alejandro Mejia Jaramillo, Investor Relations Manager, Jose Humberto Acosta Martin, Chief Financial Officer and Vice President of Finance.

Similar Private Companies By Industry

Company Name Region
Banco Agrario de Colombia S.A. Americas
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Bancompartir S.A. Americas
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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 21, 2016
Leasing Bancolombia S.A. Compañía de Financiamiento Comercial
Merger/Acquisition
February 9, 2016
CIFIN S.A.
Merger/Acquisition
February 9, 2016
CIFIN S.A.
 

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