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$32.91Last Dividend
$0.85Annual ROE
15.49%Beta
0.73Events Calendar
Next earnings date:
Feb 20, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 20, 2024Next ex-dividend date:
Dec 30, 2024Recent ex-dividend date:
Sept 27, 2024Next split:
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Bancolombia S.A. (NYSE:CIB ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Juan Carlos Mora - Chief Executive Officer Laura Clavijo - Chief Economist Mauricio Wolff - Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Yuri Fernandes - JPMorgan Andres Soto - Santander Investment Securities Inc. Eric Ito - Bradesco BBI Olavo Arthuzo - UBS Operator Good morning, ladies and gentlemen, and welcome to Bancolombia's Third Quarter 2024 Earnings Conference Call.
BROOKFIELD, Wis., Oct. 31, 2024 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH) announced that it has completed the $13.4 million full and final redemption of all of its preferred stock at $825 per share. Effective October 31, 2024, CIB Marine transferred the necessary funds to its redemption agent, Computershare Trust Company, N.A., and all of CIB Marine's outstanding preferred shares were redeemed pursuant to the Notice of Redemption and Letter of Transmittal dated October 17, 2024.
Bancolombia trades at a cheap 5.5x FWD earnings with a 10% dividend yield, making it a strong value play. The company is heavily investing in digital services, showing strong innovation and potential for growth in the Latin American banking sector. With improving inflation trends in Colombia, Bancolombia is poised to benefit from potential rate cuts and increased economic activity, making it a buy for investors.
BROOKFIELD, Wis., July 16, 2024 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX: CIBH), the holding company of CIBM Bank (the “Bank”), announced its unaudited results of operations and financial condition for the quarter and six months ended June 30, 2024. During the quarter, net interest income increased $0.2 million from the prior quarter, the Mortgage Division earned $0.2 million, and CIBM Bank completed a sale-leaseback transaction with a gross purchase price of $6.6 million and a net gain on sale of $4.5 million.
Bancolombia (CIB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Bancolombia (CIB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
TRTX, PMT, and CIB were included in the Zacks Rank #1 (Strong Buy) income stocks list on May 13, 2024.
CIB, MPLX, and STEP were included in the Zacks Rank #1 (Strong Buy) income stocks list on April 15, 2024.
ZURVY and CIB made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 3, 2023.
VVI, CIB and PFSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 3, 2023.
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