Banco Davivienda S.A. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 22, 2019
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Banco Davivienda S.A. Announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced net interest income was COP 1,697,722 million compared to COP 1,515,033 million a year ago. Net income was COP 391,796 million compared to COP 452,790 million a year ago. Basic earnings per share was COP 871 compared to COP 1,006 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.