Bancolombia S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022 at 04:42 pm EDT
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Bancolombia S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was COP 3,706,044 million compared to COP 2,842,714 million a year ago. Net income was COP 1,731,858 million compared to COP 542,516 million a year ago. Basic earnings per share from continuing operations was COP 1,800.59 compared to COP 564.05 a year ago.
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
BANCOLOMBIA S.A. 
