Bancolombia S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 05:07 pm EDT
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Bancolombia S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was COP 4,338,871 million compared to COP 2,853,970 million a year ago. Net income was COP 1,779,695 million compared to COP 1,156,915 million a year ago. Basic earnings per share from continuing operations was COP 1,850.33 compared to COP 1,202.83 a year ago.
For the six months, net interest income was COP 8,044,915 million compared to COP 5,696,684 million a year ago. Net income was COP 3,511,553 million compared to COP 1,699,431 million a year ago. Basic earnings per share from continuing operations was COP 3,650.92 compared to COP 1,766.88 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. 
