CIB on NYSE

Bancolombia

Logo: Bancolombia, Public domain, via Wikimedia Commons4

Colombian financial institution

Bancolombia S.A. (formerly: Banco de Colombia) is a full-service financial institution that provides financial products and services in Colombia, Panama and Puerto Rico. Bancolombia is one of the six banking-related companies of the COLCAP index.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

Jan 24, 1875Founded1

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  • TickerCIB on NYSE1
  • Industryeconomics of banking, financial sector, financial services1
  • HeadquartersMedellín1
  • Websitewww.bancolombia.com
  • Legal formsociedad anónima1

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Estación Industriales (Metro de Medellín)
Photo: Jdapenao Di, CC BY-SA 2.0, via Wikimedia Commons5

Bancolombia S.A. (formerly: Banco de Colombia) is a full-service financial institution that provides financial products and services in Colombia, Panama and Puerto Rico. Bancolombia is one of the six banking-related companies of the COLCAP index. The Bank operates in nine segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment, Brokerage, Off Shore and Insurance, and all other segments.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income678910$6.4T in 2024+128% since 2018
0$2.0T$4.0T$6.0T$8.0T2018: $2.8T$2.8T20182019: $3.2T$3.2T2019+15%2020: $315.4B$315.4B2020−90%2021: $4.2T$4.2T2021+1234%2022: $7.0T$7.0T2022+66%2023: $6.2T$6.2T2023−11%2024: $6.4T$6.4T2024+2%

Every line of the income statement in the latest annual report, as filed.11

Period ending2025-12-312024-12-312023-12-31
Total interest income on loans and financial leases29.2T COP30.3T COP32.8T COP
Interest on debt instruments using the effective interest method714.7B COP728.2B COP741.7B COP
Total Interest on financial instruments using the effective interest method30.0T COP31.1T COP33.6T COP
Interest income on overnight and market funds100.7B COP130.1B COP103.1B COP
Interest and valuation on financial instruments1.4T COP1.7T COP549.2B COP
Total interest and valuation on financial instruments31.5T COP32.9T COP34.2T COP
Interest expenses-12.1T COP-13.7T COP-15.4T COP
Net interest margin and valuation on financial instruments before impairment on loans and financial leases, off balance sheet credit instruments and other financial instruments19.4T COP19.2T COP18.8T COP
Credit impairment charges on loans, advances and financial leases, net-4.4T COP-5.0T COP-7.2T COP
Recovery (impairment) for other financial instruments7.5B COP-30.7B COP19.3B COP
Total credit impairment charges, net-4.4T COP-5.0T COP-7.2T COP
Net interest margin and valuation on financial instruments after impairment on loans and financial leases and off balance sheet credit instruments and other financial instruments15.0T COP14.2T COP11.6T COP
Fees and commissions income7.9T COP7.1T COP6.5T COP
Fees and commissions expenses-3.6T COP-3.2T COP-2.8T COP
Total fees and commissions, net4.4T COP3.9T COP3.7T COP
Other operating income3.6T COP3.0T COP3.9T COP
Dividends and net income on equity investments693.0B COP93.1B COP196.7B COP
Total operating income, net23.6T COP21.1T COP19.4T COP
Salaries and employee benefits-5.8T COP-5.2T COP-4.9T COP
Other administrative and general expenses-5.6T COP-5.0T COP-4.6T COP
Taxes other than income tax-1.5T COP-1.4T COP-1.4T COP
Depreciation, amortization, and impairment-1.0T COP-989.3B COP-1.0T COP
Total operating expenses-13.9T COP-12.7T COP-11.9T COP
Profit continued operations before tax9.8T COP8.5T COP7.5T COP
Income tax continued operations-2.8T COP-2.4T COP-1.8T COP
Net income continued operations6.9T COP6.1T COP5.7T COP
(Loss) / gain from discontinued operation, net-3.0T COP255.2B COP512.6B COP
Net income3.9T COP6.4T COP6.2T COP
Net income attributable to equity holders of the Parent Company3.8T COP6.3T COP6.1T COP
Non-controlling interest121.1B COP97.8B COP98.0B COP
Basic earnings per share to common shareholders, stated in units of pesos4,045.00 COP6,576.00 COP6,420.00 COP
Diluted earnings per share to common shareholders, stated in units of pesos4,045.00 COP6,576.00 COP6,420.00 COP
From continued operations, basic earnings per share to common shareholders, stated in units of pesos7,182.00 COP6,311.00 COP5,887.00 COP
From continued operations, diluted earnings per share to common shareholders, stated in units of pesos7,182.00 COP6,311.00 COP5,887.00 COP
From discontinued operation, basic earnings per share to common shareholders, stated in units of pesos-3,137.00 COP265.00 COP533.00 COP
From discontinued operation, diluted earnings per share to common shareholders, stated in units of pesos-3,137.00 COP265.00 COP533.00 COP

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How it started

History

Bancolombia was founded on January 29, 1875 as "Banco de Colombia" in Medellín, Colombia. In 1929 the bank began trading on the Bolsa de Bogotá. In 1995 the bank became the first Colombian company to trade on the New York Stock Exchange.

In 1983, the Grupo Grancolombiano crisis occurred. The main measure taken by the government was the nationalization of Banco de Colombia, and operated as a state entity until 1994.

In 1998 "Banco de Colombia" and "Banco Industrial Colombiano (BIC)" are consolidated, born in this way Bancolombia.

In 2005 Bancolombia fuses with "Conavi" and "Corfinsura" to create "Grupo Bancolombia".

In 2013 they acquired the operations of HSBC Bank Panama, renamed Banistmo.

From Wikipedia’s article on Bancolombia, shared under CC BY-SA 4.0.3

Products and brands

  • bank

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

  • Grupo Sura

Subsidiaries

  • Banco Agromercantil de Guatemala

From Wikidata.1

Employees over time

  • 201929,7311

Timeline

  1. Jun 29, 1998Went public Listed on NYSE1
  2. Jan 24, 1875Founded Founded1

Recent filings

  1. Aug 15, 20256-K
  2. Aug 14, 20256-K
  3. Jul 31, 20256-K
  4. Jul 22, 20256-K
  5. Jul 22, 20256-K
  6. Jul 22, 20256-K
  7. Jul 11, 20256-K
  8. May 29, 20256-K
  9. May 28, 20256-K
  10. May 28, 20256-K
  11. May 23, 20256-K
  12. May 16, 20256-K
  13. May 16, 20256-K
  14. May 6, 20256-K
  15. May 5, 20256-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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