BVC:BCOLOMBIA

Stock Analysis Report

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Executive Summary

Bancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. More Details


Snowflake Analysis

Established dividend payer with reasonable growth potential.


Similar Companies

Share Price & News

How has Bancolombia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCOLOMBIA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.7%

BCOLOMBIA

2.6%

CO Banks

0.2%

CO Market


1 Year Return

-39.8%

BCOLOMBIA

-29.6%

CO Banks

-26.0%

CO Market

Return vs Industry: BCOLOMBIA underperformed the CO Banks industry which returned -29.2% over the past year.

Return vs Market: BCOLOMBIA underperformed the CO Market which returned -25.5% over the past year.


Shareholder returns

BCOLOMBIAIndustryMarket
7 Day2.7%2.6%0.2%
30 Day0.04%-0.8%-1.3%
90 Day-1.9%-1.3%-3.2%
1 Year-35.8%-39.8%-25.7%-29.6%-22.4%-26.0%
3 Year-1.8%-13.4%-3.1%-14.8%3.3%-8.7%
5 Year29.1%6.2%22.2%-1.4%25.7%5.0%

Price Volatility Vs. Market

How volatile is Bancolombia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Bancolombia undervalued compared to its fair value and its price relative to the market?

14.93x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BCOLOMBIA (COP24990) is trading above our estimate of fair value (COP4174.42)

Significantly Below Fair Value: BCOLOMBIA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BCOLOMBIA is poor value based on its PE Ratio (14.9x) compared to the CO Banks industry average (9x).

PE vs Market: BCOLOMBIA is poor value based on its PE Ratio (14.9x) compared to the CO market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: BCOLOMBIA is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: BCOLOMBIA's PB Ratio (0.9x) is in line with the CO Banks industry average.


Next Steps

Future Growth

How is Bancolombia forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

41.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCOLOMBIA's forecast earnings growth (41.1% per year) is above the savings rate (6.9%).

Earnings vs Market: BCOLOMBIA's earnings (41.1% per year) are forecast to grow faster than the CO market (27.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BCOLOMBIA's revenue (10.6% per year) is forecast to grow faster than the CO market (4.3% per year).

High Growth Revenue: BCOLOMBIA's revenue (10.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BCOLOMBIA's Return on Equity is forecast to be low in 3 years time (12.7%).


Next Steps

Past Performance

How has Bancolombia performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCOLOMBIA has a high level of non-cash earnings.

Growing Profit Margin: BCOLOMBIA's current net profit margins (15.5%) are lower than last year (37%).


Past Earnings Growth Analysis

Earnings Trend: BCOLOMBIA's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: BCOLOMBIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BCOLOMBIA had negative earnings growth (-51.5%) over the past year, making it difficult to compare to the Banks industry average (-22.9%).


Return on Equity

High ROE: BCOLOMBIA's Return on Equity (5.8%) is considered low.


Next Steps

Financial Health

How is Bancolombia's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BCOLOMBIA's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: BCOLOMBIA has a low allowance for bad loans (91%).

Low Risk Liabilities: 77% of BCOLOMBIA's liabilities are made up of primarily low risk sources of funding.

Loan Level: BCOLOMBIA has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: BCOLOMBIA's Loans to Deposits ratio (102%) is appropriate.

Level of Bad Loans: BCOLOMBIA has a high level of bad loans (7.6%).


Next Steps

Dividend

What is Bancolombia current dividend yield, its reliability and sustainability?

4.67%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: BCOLOMBIA's dividend (4.67%) is higher than the bottom 25% of dividend payers in the CO market (3.42%).

High Dividend: BCOLOMBIA's dividend (4.67%) is low compared to the top 25% of dividend payers in the CO market (7.07%).


Stability and Growth of Payments

Stable Dividend: BCOLOMBIA's dividends per share have been stable in the past 10 years.

Growing Dividend: BCOLOMBIA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.8%), BCOLOMBIA's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BCOLOMBIA's dividends in 3 years are forecast to be well covered by earnings (31.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure


CEO

Juan Carlos Mora Uribe (55 yo)

4.42yrs

Tenure

Mr. Juan Carlos Mora Uribe has been the Chief Executive Officer and President of Bancolombia S.a. since May 1, 2016. Mr. Uribe serves as Chief Innovation and Digital Transformation Officer at Bancolombia S ...


Leadership Team

NamePositionTenureCompensationOwnership
Juan Carlos Mora Uribe
President & CEO4.42yrsno datano data
José Acosta Martín
CFO & VP of Finance0.75yrno datano data
Carlos Baene
Investor Relations Managerno datano datano data
Mauricio Rosillo Rojas
Chief Legal Officerno datano datano data
Claudia Uribe
Chief Legal Officer & General Counsel0.83yrno datano data
Enrique González Bacci
Vice President of Human Resources5.5yrsno datano data
Rodrigo Prieto Uribe
Chief Risk Management Officer & VP of Risk Management9.75yrsno datano data
Maria Cristina Arrastía Uribe
Chief Personal & SMES Banking Officer and Vice President of Business5yrsno datano data
Jose Rodriguez Rios
Chief Internal Auditor Officer0.75yrno datano data
Rafael Barraza Domínguez
CEO & President of Banco Agrícola SAno datano datano data
Aimeé Tialia Sentmat de Grimaldo
CEO & President of Banistmono datano datano data
Federico José Bolaños Coloma
President of Banco Agromercantil de Guatemala - BAMno datano datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Management: BCOLOMBIA's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gonzalo Alberto Perez Rojas
Chairman of the Board0.50yrno datano data
Andres Felipe Mejia Cardona
Independent Director4.58yrsno datano data
Hernando José Gómez Restrepo
Independent Director7.58yrsno datano data
Luis Fernando Restrepo Echavarría
Independent Vice Chairman of the Board0.50yrno datano data
Arturo Leonidas Condo Tamayo
Independent Director4.58yrsno datano data
Sylvia Gomez
Independent Director0.58yrno datano data
Juan Escobar Franco
Non Independent Director0.58yrno datano data

0.6yrs

Average Tenure

59yo

Average Age

Experienced Board: BCOLOMBIA's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bancolombia S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bancolombia S.A.
  • Ticker: BCOLOMBIA
  • Exchange: BVC
  • Founded: 1945
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: Col$24.312t
  • Shares outstanding: 961.83m
  • Website: https://www.grupobancolombia.com

Number of Employees


Location

  • Bancolombia S.A.
  • Carrera 48 # 26-85
  • Avenida Los Industriales
  • Medellín
  • Colombia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCOLOMBIABVC (Bolsa de Valores de Colombia)YesCommon SharesCOCOPFeb 1994
CIBNYSE (New York Stock Exchange)SPON ADR PREFUSUSDJul 1995
BXKDB (Deutsche Boerse AG)SPON ADR PREFDEEURJul 1995
PFBCOLOMBVC (Bolsa de Valores de Colombia)Preferred SharesCOCOPNov 1995

Biography

Bancolombia S. A. provides various banking products and services to individual and corporate customers in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. The company operates through ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 18:08
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.