Grupo Cibest SA - Company Profile
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Grupo Cibest SA, formerly Bancolombia SA (Bancolombia) is a financial group with operations in several countries. The bank provides a comprehensive range of financial products and services, including savings and investment accounts, financing options, and capital market solutions. Notable brands under Bancolombia include Nequi, a digital platform focused on financial inclusion. Bancolombia serves a diversified customer base comprising individuals, corporations, and government entities across various sectors. The bank delivers its offerings through a network of branches, mobile branches, ATMs, and digital platforms. Bancolombia operates in multiple geographic locations, including Colombia, Panama, El Salvador, Guatemala, Puerto Rico, and the US. Bancolombia is headquartered in Medellin, Colombia.
Headquarters
Colombia
Address
Carrera 48 # 26-85, Medellin, Antioquia, 050004
Website
www.bancolombia.com
Telephone
57 6 014885950
No of Employees
35,519
Industry
Financial Services
Ticker Symbol & Exchange
CIBEST (CLB)
Revenue (2024)
$10.8B
-6.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-39%
(2024 vs 2023)
Market Cap*
$20.7B
Net Profit Margin (2024)
XYZ
-34.9%
(2024 vs 2023)
* As of and is in US$
Grupo Cibest SA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal Banking: | Personal Banking: | Bancolombia |
| Accounts: | Other | Sufi |
| Savings Account | Leasing | Bancoagricola |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company signed an agreement to sell Banistmo SA to Inversiones Cuscatlan Centroamerica SA for US$1.42 billion. |
| 2025 | New Products/Services | In January, the bank along with Visa introduced Tap to Add Card. |
| 2024 | New Products/Services | In October, the bank's Wenia launched WeniaCard, a digital card. |
Competitor Comparison
| Key Parameters | Grupo Cibest SA | BBVA | Banco Davivienda SA | Banco de Bogota SA | Banco de Occidente |
|---|---|---|---|---|---|
| Headquarters | Colombia | Spain | Colombia | Colombia | Colombia |
| City | Medellin | Bilbao | Bogota | Bogota | Cali |
| State/Province | Antioquia | Vizcaya | - | Bogota DC | Bogota DC |
| No. of Employees | 35,519 | 126,877 | 17,167 | 9,968 | 3,353 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Luis Fernando Restrepo Echavarria | Chairman | Executive Board | 2022 | 68 |
| Juan Carlos Mora Uribe | Chief Executive Officer; President | Senior Management | 2016 | 61 |
| Mauricio Rosillo Rojas | Vice President-Business | Senior Management | 2023 | 57 |
| Rodrigo Prieto Uribe | Vice President - Risk | Senior Management | - | 53 |
| Jose Mauricio Rodriguez Rios | Vice President - Audit | Senior Management | - | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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