Grupo Cibest S.A. – Sponsored ADR $CIB Position Lifted by Candriam S.C.A.

Candriam S.C.A. increased its position in Grupo Cibest S.A. – Sponsored ADR (NYSE:CIB) by 46.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 734,456 shares of the bank’s stock after purchasing an additional 233,000 shares during the period. Candriam S.C.A. owned 0.31% of Grupo Cibest worth $68,443,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in Grupo Cibest by 9.1% during the 1st quarter. Bank of America Corp DE now owns 516,834 shares of the bank’s stock valued at $37,631,000 after acquiring an additional 43,126 shares during the period. Nykredit A S purchased a new stake in Grupo Cibest in the second quarter worth about $5,589,000. Barometer Capital Management Inc. grew its holdings in Grupo Cibest by 671.0% in the first quarter. Barometer Capital Management Inc. now owns 23,900 shares of the bank’s stock worth $1,740,000 after purchasing an additional 20,800 shares during the period. Barings LLC increased its stake in shares of Grupo Cibest by 50.2% during the first quarter. Barings LLC now owns 81,500 shares of the bank’s stock valued at $5,934,000 after purchasing an additional 27,227 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Grupo Cibest by 46,580.9% during the first quarter. Assetmark Inc. now owns 95,229 shares of the bank’s stock valued at $6,934,000 after purchasing an additional 95,025 shares in the last quarter.

Wall Street Analysts Forecast Growth

CIB has been the subject of a number of analyst reports. Royal Bank Of Canada set a $110.00 price objective on Grupo Cibest in a research report on Tuesday, August 11th. The Goldman Sachs Group increased 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. JPMorgan Chase & Co. cut Grupo Cibest from an “overweight” rating to a “neutral” rating and set a $110.00 target price on the stock. in a research note on Wednesday, September 16th. Zacks Research downgraded Grupo Cibest from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Finally, Weiss Ratings raised Grupo Cibest from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $90.83.

Grupo Cibest Price Performance

CIB opened at $92.21 on Friday. The company’s 50-day simple moving average is $96.21 and its two-hundred day simple moving average is $82.33. Grupo Cibest S.A. – Sponsored ADR has a 52-week low of $59.64 and a 52-week high of $105.60. The stock has a market capitalization of $21.88 billion, a P/E ratio of 17.97, a P/E/G ratio of 0.70 and a beta of 0.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.99 and a current ratio of 0.99.

Grupo Cibest (NYSE:CIB) last released its quarterly earnings data on Monday, August 10th. The bank reported $3.32 earnings per share for the quarter, beating the consensus estimate of $2.14 by $1.18. Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.40 billion. As a group, analysts predict that Grupo Cibest S.A. – Sponsored ADR will post 10.87 EPS for the current year.

Grupo Cibest Announces Dividend

The company also recently declared a special dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 8th were paid a $1.6324 dividend. The ex-dividend date was Tuesday, September 8th. Grupo Cibest’s dividend payout ratio (DPR) is 106.24%.

About Grupo Cibest

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 Agrícola 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.