Last $62.90 USD
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As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

bancolombia s.a.-spons adr (CIB) Key Developments

Bancolombia S.A. Announces Appointment of Supporting Committees

The board of directors of Bancolombia S.A. has revised the composition of the supporting committees. The company announced that Mr. Roberto Steiner Sampedro will be Chairman of Risk Committee, Mr. Hernando José Gómez Restrepo will be Chairman of Audit Committee, Rafael Martínez Villegas, independent director of Corporate Governance Committee, Mr. Jose Alberto Vélez Cadavid will be Chairman of Corporate Governance Committee and Mr. Jose Alberto Vélez Cadavid will be Chairman of Designation, Compensation, and Development Committee.

Bancolombia S.A. Presents at Bank of America Merrill Lynch - 2014 Emerging Markets Corporate Conference, May-30-2014 11:30 AM

Bancolombia S.A. Presents at Bank of America Merrill Lynch - 2014 Emerging Markets Corporate Conference, May-30-2014 11:30 AM. Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, Florida, United States. Speakers: Alejandro Mejía, Investor Relations Manager, Simon Botero, Investor Relations Analyst.

Bancolombia S.A. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Reports Charge-Offs for the First Quarter 2014

Bancolombia S.A. announced consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total interest income was COP 2,252,750 million against COP 2,196,919 million a year ago. Net interest income was COP 1,454,561 million against COP 1,404,243 million a year ago. Net interest income after provision for loans and accrued interest losses was COP 1,147,038 million against COP 1,101,375 million a year ago. Total income was COP 1,950,011 million against COP 1,766,217 million a year ago. Net operating income was COP 778,241 million against COP 674,835 million a year ago. Income before income taxes was COP 713,308 million against COP 679,346 million a year ago. Net income was COP 508,351 million against COP 492,736 million a year ago. Net income per share was COP 580.13 against COP 578.45 a year ago. Return on average total assets as on March 31, 2014 was 1.56% against 1.99% as on March 31, 2013. Return on average shareholders equity as on March 31, 2014 was 15.31% against 16.83% as on March 31, 2013. Net income per ADS was USD 1.18 against USD 1.26 a year ago. Net interest income increased 8% during first quarter of 2014. Net interest income increased due to higher yields on assets and lower cost of funding. Net interest income, 7.9% higher than that reported in first quarter 2013, 3.6% higher than the figure for first quarter 2014. The performance of this line was driven by higher loan volumes, the expansion of the loans interest margin, and the performance of the securities portfolio, that even though 55% lower compared to the same period last year, show an improvement against fourth quarter 2014. For the quarter, the company reported charge-offs totaled COP 261 billion in first quarter 2014.

Bancolombia S.A. to Report Q1, 2014 Results on May 05, 2014

Bancolombia S.A. announced that they will report Q1, 2014 results After-Market on May 05, 2014

Bancolombia S.A., Q1 2014 Earnings Call, May 06, 2014

Bancolombia S.A., Q1 2014 Earnings Call, May 06, 2014

 

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