Grupo Cibest (NYSE:CIB – Get Free Report) released its quarterly earnings results on Monday. The bank reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.30), FiscalAI reports. Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The firm had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $2.55 billion.
Grupo Cibest Trading Up 2.5%
Shares of NYSE:CIB traded up $2.33 on Monday, reaching $94.70. 352,503 shares of the company traded hands, compared to its average volume of 376,500. The business’s 50-day simple moving average is $96.21 and its 200 day simple moving average is $82.33. Grupo Cibest has a 52 week low of $59.64 and a 52 week high of $105.60. The stock has a market capitalization of $22.47 billion, a P/E ratio of 18.46, a price-to-earnings-growth ratio of 0.70 and a beta of 0.69. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.18.
Grupo Cibest Dividend Announcement
The business also recently disclosed a special dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 8th were paid a dividend of $1.6324 per share. The ex-dividend date of this dividend was Tuesday, September 8th. Grupo Cibest’s dividend payout ratio (DPR) is 106.24%.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on CIB shares. JPMorgan Chase & Co. lowered Grupo Cibest from an “overweight” rating to a “neutral” rating and set a $110.00 price objective on the stock. in a research report on Wednesday, September 16th. Weiss Ratings raised Grupo Cibest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. The Goldman Sachs Group upped their target price on Grupo Cibest from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Citigroup upgraded shares of Grupo Cibest from a “hold” rating to a “buy” rating in a research report on Thursday, August 13th. Finally, Zacks Research downgraded shares of Grupo Cibest from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $90.83.
Read Our Latest Stock Analysis on Grupo Cibest
Grupo Cibest Company Profile
Grupo Cibest SA is a financial holding company whose businesses provide banking and related financial services to individuals, businesses and institutions. Its offerings include consumer and commercial banking, payments, leasing, trust and investment services, and digital financial products.
The group operates primarily in Colombia and also has a presence in Central America through businesses including Banco AgrÃcola in El Salvador and Banistmo in Panama. Its digital services include Nequi, a financial platform serving customers in Colombia.
Grupo Cibest was established in 2025 through a corporate reorganization of Bancolombia, which became part of the new holding-company structure.
Further Reading
- Five stocks we like better than Grupo Cibest
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Grupo Cibest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Cibest and related companies with MarketBeat.com's FREE daily email newsletter.
