CIB  Bancolombia S.a.

Exchange

NYSE

Sector

Finance

Industry

Commercial Banks

Market Cap.

10.39B

Current Price

$43.19
+0.36 (+0.84%)

Book Price

$0.07
Overvalued by 99.84%
Financial Institution

Company Metrics

  • P/E 10.22
  • P/S 2.87
  • P/B 1.50
  • EPS 4.22
  • Dividend 1.25 / 2.93 %
  • Avg. Vol. 384,084.00
  • Shares 127.50M
  • Market Cap. 10.39B

Company Description

Bancolombia S.A. provides financial products and services to individual and corporate customers in Colombia, Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru, Brazil, the United States, and Spain. The company offers checking accounts, savings accounts, fixed term deposits, and various investment products. It also provides trade financing, loans funded by domestic development banks, worki... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

42.83
MarketWatch - Dec 21, 2009
BanColombia S.A. ADR. Bancolombia SA engages in the provision of financial products and services. It operates through the following segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Banking Panama, ...
How Analysts Feel About Bancolombia SA (ADR) (NYSE:CIB)?
KL Daily - Jun 2, 2017
Among 10 analysts covering Bancolombia S.A. (NYSE:CIB), 3 have Buy rating, 3 Sell and 4 Hold. Therefore 30% are positive. Bancolombia S.A. had 19 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Standpoint ...
Will Bancolombia SA (ADR) (NYSE:CIB) slide continue?
Street Report - Oct 29, 2015
[Bloomberg] Bancolombia SA (ADR) (NYSE:CIB)(TREND ANALYSIS) fell to a three-week low after JPMorgan Chase & Co. cut its buy rating on shares of Colombia's largest bank, citing expectations for a slowing economy to boost losses on loans.
Bancolombia Is Irrationally Valued And Offers Considerable Upside
Seeking Alpha - Nov 17, 2015
Colombia's banking sector is arguably the most stable and profitable in Latin America and this makes it a prime investment opportunity.
Is Buying Bancolombia SA (NYSE:CIB), Having Higher Short Interest a Winning ...
Weekly Register - Jun 7, 2017
Bancolombia SA (ADR) (NYSE:CIB) has risen 27.44% since June 7, 2016 and is uptrending. It has outperformed by 10.74% the S&P500.
Bancolombia SA (ADR) (CIB) Reaches $45.58 After 3.00% Down Move, La Jolla ...
High Point Observer - Jun 20, 2017
The stock of Bancolombia SA (ADR) (NYSE:CIB) is a huge mover today! About 342,064 shares traded. Bancolombia SA (ADR) (NYSE:CIB) has risen 27.44% since June 20, 2016 and is uptrending. It has outperformed by 10.74% the S&P500.The move comes ...
Northern Cross Trimmed Its Bancolombia SA (CIB) Holding, salesforce.com, inc ... - San Times
Independent Franchise Partners Llp Has Upped Johnson & Johnson (JNJ) Holding ... - Bibeypost.com
Bancolombia Sa (CIB) Holding Increased by Inca Investments Llc; As Centurylink ...
BZ Weekly - Jun 22, 2017
Bancolombia SA (ADR) (NYSE:CIB) has risen 27.44% since June 22, 2016 and is uptrending. It has outperformed by 10.74% the S&P500.
7 Bank Stocks That Will Crush the Market in 2017
Minyanville.com - Dec 12, 2016
Bancolombia SA (ADR) (NYSE:CIB) is a Colombian bank. And while financial institutions may not be the first thing you think about when you think about Colombia, CIB is a very smart player in the region.
Hot Stocks Alert: Gerdau SA (ADR) (NYSE:GGB), Bancolombia SA (ADR) (NYSE:CIB)
Wall Street Times - Jun 21, 2017
Shares of Gerdau SA (ADR) (NYSE:GGB) lost -2.93% to settle at $2.65 during its last trading session on Monday. 9.07 Million shares of the company were exchanged.
Earnings Scheduled For May 23, 2017
Benzinga - May 23, 2017
Bancolombia SA (ADR) (NYSE: CIB) is projected to post quarterly earnings at $0.89 per share on revenue of $1.15 billion.
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for CIB to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate CIB's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

Poor Cash Return on Invested Capital over the past 5 years

CIB has been unable to consistently generate sufficient returns from its investments in buildings, projects and equipment. This could be due to poor management, lack of an economic moat or the capital intensive nature of the business.

CIB has only created $- of cash for every $100 invested.
Figures in COP. Fiscal year ends in December
20122013201420152016
Free Cash Flow - - - - -
divided by
Invested Capital 97.92T 130.82T 148.72T 192.97T 196.26T
Cash ROIC - - - - -

Satisfactory Return on Equity over the past 5 years

CIB has generated adequate returns with capital that shareholders have invested. This is sufficient and implies that management performance has been good.

CIB has generated $12.90 of Earnings for every $100 of Shareholders' Equity.
Figures in COP. Fiscal year ends in December
20122013201420152016
Net Income 1.70T 1.52T 1.88T 2.52T 2.87T
divided by
Stockholders' Equity 11.61T 12.49T 16.82T 19.28T 21.27T
Return on Equity 14.66% 12.13% 11.17% 13.07% 13.47%

Poor Business Performance over the past 10 years

CIB's inability to produce positive free cash flow for the majority of the past 10 years is concerning. It should be a red flag, since this company does not have a track record of delivering results for shareholders. This could be due to poor management or the nature of its business.

CIB has been losing money for the majority of the past 10 years.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Free Cash Flow - - - - - - - - - -

Consistent Reinvestment of Profits over the past 10 years

CIB has consistently retained profits. This may put CIB in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, CIB can greatly improve their long-term economic picture.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Retained Earnings 4.45T 5.27T 5.95T 6.83T 7.89T 10.40T 11.21T 15.34T 5.85T 6.38T
Retained Earnings Growth - 18.28% 13.08% 14.78% 15.38% 31.85% 7.84% 36.78% -61.85% 9.06%

Highly Competitive Industry over the past 10 years

It's likely that CIB is in an industry with low barriers to entry, spurring high competition. If Gross Margins are at least satisfactory, it's likely CIB invests heavily in R&D and Sales, General & Administrative expenses.

Only $- of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Net Income 1.09T 1.29T 1.26T 1.44T 1.66T 1.70T 1.52T 1.88T 2.52T 2.87T
divided by
Revenue - - - - - - - - - -
Net Profit Margin - - - - - - - - - -

Weak Pricing Power over the past 10 years

CIB is likely in a highly competitive industry, due to low barriers to entry. It's because of this, that CIB has been unable to raise prices and increase their profitability. This puts them in a poor position if inflation becomes an issue, as they would struggle to pass higher costs onto consumers.

Only $- of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Gross Profit - - - - - - - - - -
divided by
Revenue - - - - - - - - - -
Gross Margin - - - - - - - - - -

Low Capital Intensity over the past 10 years

CIB has consistently used a small portion of their Net Income buying new equipment or investing in new facilities. This indicates that CIB may require minimal investment to stay competitive. This leaves them with extra money to spend on growing their business and potentially buying back stock.

-% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Capital Expenditure - - - - - - - - - -
divided by
Net Income 1.09T 1.29T 1.26T 1.44T 1.66T 1.70T 1.52T 1.88T 2.52T 2.87T
Capital Expenditure Ratio - - - - - - - - - -

Very Strong Dividend History over the past 10 years

CIB has consistently distributed a dividend for at least the past 10 years. Such a long dividend history suggests CIB is very established in its market and that its dividend distribution is likely to continue for a significant period of time.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Dividend Paid 403.66B 447.49B 491.60B 501.69B 526.77B 583.42B 632.00B 713.68B 785.33B 840.24B
divided by
Shares Outstanding 189.86M 127.50M 196.96M 127.50M 127.50M 127.50M 212.96M 235.48M 127.50M 127.50M
Dividend Paid Per Share 1.14 1.88 1.33 2.10 2.21 2.45 1.59 1.62 3.29 3.52
Price at Year End 30.10 21.29 42.88 60.70 59.56 66.43 48.78 47.75 26.69 36.68
Dividend Yield 3.78% 8.81% 3.11% 3.47% 3.71% 3.68% 3.25% 3.39% 12.34% 9.61%

History of Stock Buybacks over the past 10 years

CIB has some history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in COP. Fiscal year ends in December
2007200820092010201120122013201420152016
Shares Outstanding 189.86M 127.50M 196.96M 127.50M 127.50M 127.50M 212.96M 235.48M 127.50M 127.50M
Stock Bought Back - 48.91% -35.26% 54.48% - - -40.13% -9.57% 84.69% -
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