Bancolombia S. A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region.
Undervalued with solid track record and pays a dividend.
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: BXK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BXK underperformed the German Banks industry which returned -33.2% over the past year.
Return vs Market: BXK underperformed the German Market which returned -17.7% over the past year.
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
Is Bancolombia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BXK (€21.4) is trading below our estimate of fair value (€47.61)
Significantly Below Fair Value: BXK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BXK is good value based on its PE Ratio (7.7x) compared to the Banks industry average (15.1x).
PE vs Market: BXK is good value based on its PE Ratio (7.7x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: BXK is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: BXK is overvalued based on its PB Ratio (0.9x) compared to the DE Banks industry average (0.7x).
How is Bancolombia forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BXK's forecast earnings growth (11% per year) is above the savings rate (-0.4%).
Earnings vs Market: BXK's earnings (11% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: BXK's earnings are forecast to grow, but not significantly.
Revenue vs Market: BXK's revenue (13.6% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: BXK's revenue (13.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BXK's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Bancolombia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BXK has high quality earnings.
Growing Profit Margin: BXK's current net profit margins (24.5%) are higher than last year (24.2%).
Past Earnings Growth Analysis
Earnings Trend: BXK's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: BXK's earnings growth over the past year (17.2%) exceeds its 5-year average (6.6% per year).
Earnings vs Industry: BXK earnings growth over the past year (17.2%) exceeded the Banks industry 0.7%.
Return on Equity
High ROE: BXK's Return on Equity (11.2%) is considered low.
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
Inventory Level: BXK has a low level of unsold assets or inventory.
Debt Coverage by Assets: BXK's debt is not covered by short term assets (assets are 0.7x debt).
Financial Institutions Analysis
Asset Level: BXK's level of assets compared to its equity is low.
Allowance for Bad Loans: BXK has a sufficient allowance for bad loans.
Low Risk Liabilities: BXK's liabilities are made up of primarily low risk sources of funding.
Loan Level: BXK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BXK's loans are broadly funded by customer deposits.
Level of Bad Loans: BXK has a high level of bad loans (4.08%)
What is Bancolombia's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BXK's dividend (4.67%) is higher than the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: BXK's dividend (4.67%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: BXK's dividends per share have been stable in the past 10 years.
Growing Dividend: BXK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36%), BXK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BXK's dividends in 3 years are forecast to be well covered by earnings (41.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Juan Carlos Mora Uribe (54yo)
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 ...
|President & CEO||3.83yrs||no data||no data|
|Chief Financial Officer||0.17yr||no data||no data|
|Investor Relations Manager||no data||no data||no data|
|Chief Legal Officer||no data||no data||no data|
|Chief Legal Officer & General Counsel||0.25yr||no data||no data|
|Vice President of Human Resources||4.92yrs||no data||no data|
|Chief Risk Management Officer & VP of Risk Management||9.17yrs||no data||no data|
|Chief Internal Auditor Officer & VP of Internal Audit||8.92yrs||no data||no data|
|Chief Personal & SMES Banking Officer and Business Vicepresidency||4.42yrs||no data||no data|
|CEO & President of Banco Agrícola SA||no data||no data||no data|
Experienced Management: BXK's management team is considered experienced (4.4 years average tenure).
|Director||16.17yrs||no data||no data|
|Chairman of the Board||no data||no data||no data|
|Independent Director||4yrs||no data||no data|
|Independent Director||7yrs||no data||no data|
|Independent Director||4yrs||no data||no data|
|Independent Director||4yrs||no data||no data|
Experienced Board: BXK's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bancolombia S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Bancolombia S.A.
- Ticker: BXK
- Exchange: DB
- Founded: 1945
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: Col$25.370t
- Listing Market Cap: Col$5.667b
- Shares outstanding: 961.83m
- Website: https://www.grupobancolombia.com
Number of Employees
- Bancolombia S.A.
- Carrera 48 # 26-85
- Avenida Los Industriales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BCOLOMBIA||BVC (Bolsa de Valores de Colombia)||Yes||Common Shares||CO||COP||Feb 1994|
|CIB||NYSE (New York Stock Exchange)||SPON ADR EACH REP 4 PRF COP500(BNY)||US||USD||Jul 1995|
|BXK||DB (Deutsche Boerse AG)||SPON ADR EACH REP 4 PRF COP500(BNY)||DE||EUR||Jul 1995|
|PFBCOLOM||BVC (Bolsa de Valores de Colombia)||Preferred Shares||CO||COP||Nov 1995|
Bancolombia S. A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking El Salvador, Banking Panama, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; financial support to real estate developers and mortgages; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; and life, auto, commercial, and homeowner’s insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; and digital banking and revolving credit facility, transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing services. As of December 31, 2018, it operated 1,113 branches; 12,395 banking correspondents; 585 PAMs; 222 kiosks in El Salvador and 10 in Colombia; and 5,939 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:16|
|End of Day Share Price||2020/03/30 00:00|
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.