Banco Davivienda S.A. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 10:36 pm EDT
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Banco Davivienda S.A. announced consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, the company announced profit for the period of COP 224,603 million compared to COP 393,259 million a year ago. Interest income and investment results was COP 2,815,030 million compared to COP 2,647,210 million a year ago. Earnings per share was COP 497 against COP 871 a year ago.
Banco Davivienda SA is a Colombia-based banking institution. The Bankâs products and services include savings and current accounts, consumer and commercial loans, credit and debit cards, mortgages, fixed-term deposits, portfolio management, foreign trade financing and a variety of insurance policies, as well as other banking operations to individuals and businesses. As of December 31, 2012, the Bank operated a network of 572 branch offices located nationwide and one in the United States. It also owned such subsidiaries as Fiduciaria Davivienda SA, Dadivalores SA, Bancafe Panama SA and Fiduciaria Cafetera SA, among others. In addition, Grupo Empresarial Bolivar was the Companyâs major shareholder.
BANCO DAVIVIENDA S.A. 
