Banco de Bogot? S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021 at 07:03 pm EST
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Banco de Bogot? S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net interest income was COP 2,236,066 million compared to COP 2,103,809 million a year ago. Net income was COP 2,012,206 million compared to COP 530,549 million a year ago. Basic earnings per share was COP 6,074 compared to COP 1,601 a year ago.
For the nine months, net interest income was COP 6,365,821 million compared to COP 6,209,138 million a year ago. Net income was COP 3,585,444 million compared to COP 1,657,143 million a year ago. Basic earnings per share was COP 10,823 compared to COP 5,002 a year ago.
Banco de Bogota SA is a Colombia-based financial institution engaged in the banking sector. Its businesses are structured into three segments: Personal Banking, Small and Medium-Sized Enterprises (SMEs) Banking and Corporate Banking. Its products and services include current and saving accounts, credit and debit cards, fixed-term deposits, consumer and commercial loans, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA. The Company's operates through three divisions : General - Cars, which is related to loans granted to car purchase; General- Others, which consists of loans to purchase consumer goods other than cars; Credit Card division which includes acquisition of consumer goods used through a plastic card. The Bank owns such subsidiaries as Almaviva SA, Leasing Bogota SA Panama, Megalinea, Banco Bogota SA Panama, Fiduciaria Bogota SA and Bogota Finance Corporation, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA.
BANCO DE BOGOTÁ S.A. 
