Bancolombia S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:50 pm EST
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Bancolombia S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was COP 5,003,926 million compared to COP 2,936,978 million a year ago. Net income was COP 1,629,245 million compared to COP 942,620 million a year ago. Basic earnings per share from continuing operations was COP 1,693.9 compared to COP 980.03 a year ago.
For the nine months, net interest income was COP 13,048,842 million compared to COP 8,633,662 million a year ago. Net income was COP 5,140,795 million compared to COP 2,642,051 million a year ago. Basic earnings per share from continuing operations was COP 5,344.82 compared to COP 2,746.91 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. 
