Loading...

Bancolombia

DB:BXK
Snowflake Description

Undervalued with excellent balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BXK
DB
COP35,874B
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

Bancolombia S. A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The last earnings update was 10 days ago. More info.


Add to Portfolio Compare Print
BXK Share Price and Events
7 Day Returns
-2.8%
DB:BXK
0.6%
DE Banks
-0.2%
DE Market
1 Year Returns
9.4%
DB:BXK
-23.3%
DE Banks
-10.3%
DE Market
BXK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bancolombia (BXK) -2.8% -10.2% 4.9% 9.4% 34.8% 5.7%
DE Banks 0.6% -4.5% 9% -23.3% -4.7% -24.9%
DE Market -0.2% -2.4% 4.2% -10.3% 11.2% 10.8%
1 Year Return vs Industry and Market
  • BXK outperformed the Banks industry which returned -23.3% over the past year.
  • BXK outperformed the Market in Germany which returned -10.3% over the past year.
Price Volatility
BXK
Industry
5yr Volatility vs Market

BXK Value

 Is Bancolombia undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bancolombia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bancolombia.

DB:BXK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 9 analysts.
= Stable Book Value * Return on Equity
= COP30,239.49 * 13.1%
COP3,964.21
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. COP30,239.49
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:BXK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.58
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.584 (1 + (1- 33%) (116.04%))
1.026
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.026 * 5.96%)
6.34%

Discounted Cash Flow Calculation for DB:BXK using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bancolombia is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:BXK Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (13.1% – 6.34%) * COP30,239.49)
COP2,046.52
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= COP2,046.52 / (6.34% - 0.23%)
COP33,474.50
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= COP30,239.49 + COP33,474.50
COP63713.99
DB:BXK Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:BXK represents 0.00116x of BVC:BCOLOMBIA
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00116x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (COP) x Listing Adjustment Factor
= COP 63,713.99 x 0.00116
€74.03
Value per share (EUR) From above. €74.03
Current discount Discount to share price of €42.20
= -1 x (€42.20 - €74.03) / €74.03
43%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bancolombia is available for.
Intrinsic value
43%
Share price is €42.2 vs Future cash flow value of €74.03
Current Discount Checks
For Bancolombia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bancolombia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bancolombia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bancolombia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bancolombia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BXK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in COP COP3,088.32
BVC:BCOLOMBIA Share Price ** BVC (2019-05-17) in COP COP36320
Germany Banks Industry PE Ratio Median Figure of 6 Publicly-Listed Banks Companies 15.35x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bancolombia.

DB:BXK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BVC:BCOLOMBIA Share Price ÷ EPS (both in COP)

= 36320 ÷ 3,088.32

11.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancolombia is good value based on earnings compared to the DE Banks industry average.
  • Bancolombia is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Bancolombia's expected growth come at a high price?
Raw Data
DB:BXK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
15.5%per year
Europe Banks Industry PEG Ratio Median Figure of 114 Publicly-Listed Banks Companies 0.8x
Germany Market PEG Ratio Median Figure of 273 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

DB:BXK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.76x ÷ 15.5%

0.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancolombia is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Bancolombia's assets?
Raw Data
DB:BXK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in COP COP25,351.11
BVC:BCOLOMBIA Share Price * BVC (2019-05-17) in COP COP36320
Germany Banks Industry PB Ratio Median Figure of 6 Publicly-Listed Banks Companies 0.89x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:BXK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BVC:BCOLOMBIA Share Price ÷ Book Value per Share (both in COP)

= 36320 ÷ 25,351.11

1.43x

* Primary Listing of Bancolombia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bancolombia is overvalued based on assets compared to the DE Banks industry average.
X
Value checks
We assess Bancolombia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bancolombia has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BXK Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bancolombia expected to grow at an attractive rate?
  • Bancolombia's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Bancolombia's earnings growth is expected to exceed the Germany market average.
  • Bancolombia's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:BXK Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BXK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 15.5%
DB:BXK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 11.8%
Germany Banks Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
Europe Banks Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:BXK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in COP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BXK Future Estimates Data
Date (Data in COP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 18,932,934 4,254,666 6
2020-12-31 17,496,980 3,762,706 8
2019-12-31 16,293,673 3,135,791 3
DB:BXK Past Financials Data
Date (Data in COP Millions) Revenue Cash Flow Net Income *
2019-03-31 11,563,212 2,970,432
2018-12-31 11,005,116 -5,145,719 2,658,864
2018-09-30 10,331,484 737,593 2,558,596
2018-06-30 10,493,155 -2,453,552 2,466,183
2018-03-31 10,844,573 2,528,006
2017-12-31 11,143,375 -5,517,093 2,615,000
2017-09-30 16,019,983 2,688,274
2017-06-30 14,428,845 -7,010,429 2,848,650
2017-03-31 12,569,778 2,917,864
2016-12-31 10,783,399 -1,516,578 2,701,831
2016-09-30 10,385,955 2,398,621
2016-06-30 9,803,622 2,311,527

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bancolombia's earnings are expected to grow by 15.5% yearly, however this is not considered high growth (20% yearly).
  • Bancolombia's revenue is expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:BXK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Bancolombia Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BXK Future Estimates Data
Date (Data in COP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 4,423.20 4,428.00 4,418.40 2.00
2020-12-31 3,856.72 3,935.65 3,706.52 3.00
2019-12-31 3,303.00 3,303.00 3,303.00 1.00
DB:BXK Past Financials Data
Date (Data in COP Millions) EPS *
2019-03-31 3,088.32
2018-12-31 2,764.39
2018-09-30 2,730.50
2018-06-30 2,625.74
2018-03-31 2,702.86
2017-12-31 2,718.78
2017-09-30 2,848.65
2017-06-30 2,995.85
2017-03-31 3,052.48
2016-12-31 2,809.06
2016-09-30 2,493.82
2016-06-30 2,403.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bancolombia is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bancolombia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bancolombia has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BXK Past Performance

  How has Bancolombia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bancolombia's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bancolombia's year on year earnings growth rate has been positive over the past 5 years.
  • Bancolombia's 1-year earnings growth exceeds its 5-year average (17.5% vs 6.1%)
  • Bancolombia's earnings growth has exceeded the DE Banks industry average in the past year (17.5% vs 5.4%).
Earnings and Revenue History
Bancolombia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bancolombia Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BXK Past Revenue, Cash Flow and Net Income Data
Date (Data in COP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 11,563,212.00 2,970,432.00 6,075,328.00
2018-12-31 11,005,116.00 2,658,864.00 5,937,348.00
2018-09-30 10,331,483.50 2,558,596.28 5,696,370.00
2018-06-30 10,493,155.44 2,466,183.39 5,693,853.14
2018-03-31 10,844,572.76 2,528,005.80 5,712,422.34
2017-12-31 11,143,375.00 2,615,000.00 5,719,090.00
2017-09-30 16,019,983.42 2,688,273.71 4,039,247.84
2017-06-30 14,428,845.04 2,848,649.85 4,632,128.87
2017-03-31 12,569,778.02 2,917,864.11 5,005,742.49
2016-12-31 10,783,399.00 2,701,831.00 5,530,057.00
2016-09-30 10,385,955.00 2,398,621.00 5,138,410.00
2016-06-30 9,803,622.00 2,311,527.00 4,991,062.00
2016-03-31 9,370,685.00 2,268,512.00 4,920,716.00
2015-12-31 8,968,783.00 2,496,377.00 4,613,619.00
2015-09-30 9,515,910.00 2,405,554.00 4,669,839.00
2015-06-30 9,096,249.00 2,416,798.00 4,399,450.00
2015-03-31 8,692,973.00 2,354,055.00 4,244,120.00
2014-12-31 8,157,890.00 2,324,219.00 4,119,049.00
2014-09-30 7,117,823.00 2,231,817.00 3,541,559.00
2014-06-30 7,103,160.00 2,020,410.00 3,608,817.00
2014-03-31 6,589,091.00 1,613,141.00 3,677,110.00
2013-12-31 6,534,439.00 1,515,127.00 3,742,207.00
2013-09-30 6,520,637.00 1,494,149.00 3,675,479.00
2013-06-30 6,520,207.00 1,604,440.00 3,622,815.00
2013-03-31 6,707,231.00 1,749,212.00 3,527,763.00
2012-12-31 6,296,287.00 1,702,046.00 3,408,053.00
2012-09-30 6,312,949.00 1,738,126.00 3,356,457.00
2012-06-30 6,134,094.00 1,728,352.00 3,213,186.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bancolombia has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bancolombia used its assets more efficiently than the DE Banks industry average last year based on Return on Assets.
  • Unable to establish if Bancolombia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bancolombia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bancolombia has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BXK Health

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

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bancolombia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bancolombia Company Filings, last reported 1 month ago.

DB:BXK Past Debt and Equity Data
Date (Data in COP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 26,186,769.00 41,627,348.00 17,568,653.00
2018-12-31 26,655,225.00 40,819,819.00 24,576,517.00
2018-09-30 24,867,012.57 19,745,944.72 17,351,846.18
2018-06-30 24,025,200.76 19,284,327.03 16,427,162.37
2018-03-31 23,189,643.00 36,939,426.00 16,701,621.00
2017-12-31 24,429,550.00 38,235,832.00 25,078,634.00
2017-09-30 23,361,731.00 41,967,172.00 17,072,422.00
2017-06-30 23,083,112.00 42,097,945.00 26,180,121.00
2017-03-31 22,050,369.00 40,590,306.00 17,610,479.00
2016-12-31 22,476,980.00 41,706,719.00 26,719,436.00
2016-09-30 21,029,386.00 41,463,809.00 15,936,685.00
2016-06-30 20,445,683.00 43,160,757.00 17,392,982.00
2016-03-31 19,784,221.00 44,728,244.00 18,077,041.00
2015-12-31 20,407,919.00 42,985,332.00 27,234,063.00
2015-09-30 19,851,345.00 38,498,945.00 15,823,558.00
2015-06-30 18,601,099.00 34,695,446.00 13,362,946.00
2015-03-31 17,911,680.00 34,153,891.00 13,643,363.00
2014-12-31 17,366,480.00 32,323,371.00 22,500,311.00
2014-09-30 16,440,622.00 27,082,939.00 12,776,808.00
2014-06-30 15,829,628.00 23,409,951.00 11,103,079.00
2014-03-31 15,443,828.00 25,948,655.00 10,880,371.00
2013-12-31 12,938,294.00 26,387,094.00 18,280,769.00
2013-09-30 12,076,886.00 24,840,473.00 12,706,849.00
2013-06-30 11,751,426.00 21,915,455.00 11,603,314.00
2013-03-31 11,511,751.00 18,756,729.00 9,410,449.00
2012-12-31 11,688,349.00 17,947,031.00 13,707,596.00
2012-09-30 11,226,005.00 20,988,985.00 14,736,332.00
2012-06-30 10,798,450.00 17,548,906.00 12,330,921.00
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bancolombia has an acceptable proportion of non-loan assets held.
  • Bancolombia's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bancolombia are broadly funded by customer deposits.
  • Bancolombia's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Bancolombia has a sufficient allowance for bad loans.
  • Bancolombia has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Bancolombia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bancolombia has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BXK Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.01%
Current annual income from Bancolombia dividends. Estimated to be 3.27% next year.
If you bought €2,000 of Bancolombia shares you are expected to receive €60 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bancolombia's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.45%).
  • Bancolombia's dividend is below the markets top 25% of dividend payers in Germany (3.81%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:BXK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Germany Banks Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:BXK Future Dividends Estimate Data
Date (Data in COP) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1,387.76 2.00
2020-12-31 1,220.23 3.00
2019-12-31 1,023.73 3.00
DB:BXK Past Annualized Dividends Data
Date (Data in COP) Dividend per share (annual) Avg. Yield (%)
2019-05-09 1,092.000 2.901
2019-03-26 1,092.000 2.742
2019-02-21 1,092.000 2.919
2018-02-20 1,020.000 3.111
2017-02-22 950.400 3.205
2016-02-24 888.120 3.531
2015-01-27 830.000 3.452
2014-04-29 776.000 2.819
2014-02-21 776.000 3.029
2013-01-29 754.000 2.883
2012-08-02 708.000 2.564
2012-03-06 708.000 2.567
2011-01-31 668.640 2.394
2010-01-29 636.800 2.507
2009-07-24 624.000 3.134
2009-06-30 624.000 3.959

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bancolombia's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
X
Income/ dividend checks
We assess Bancolombia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bancolombia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bancolombia has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BXK Management

 What is the CEO of Bancolombia's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Juan Mora Uribe
AGE 53
TENURE AS CEO 3 years
CEO Bio

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.a. He served as Vice President of Corporate Innovation & Digital Transformation at Bancolombia S.a. since April 27, 2015 until May 1, 2016. He served as Vice-President of Risks at Leasing Bancolombia S.A. Compañía de Financiamiento Comercial since 2005 until March, 2016 and served as its Vice-President of Technology Management & Innovation since 2011. Mr. Uribe served as Chief Corporate Services Officer of Bancolombia S.a. Mr. Uribe served as the Vice President of Corporate Services at Bancolombia S.A. since October 2011. He served as Vice President of Technology Management and Innova at Bancolombia S.A. from April 26, 2011 to October 2011. He served as Vice President of Risk Management at Bancolombia S.a. from July 30, 2005 to April 26, 2011. He served as the Vice President of Operations at Corfinsura since 2003 and its Vice-President of Transactions since 2004. He also held various positions within it such as Corporate Finance Manager from 1995 to 2003, Account Executive from 1992 to 1995 and Credit Analyst from 1991 to 1992. He was a Director of Banco Agricola S.A. He served as a Director of Leasing Bancolombia S.A. Compañía de Financiamiento Comercial. He served as a Member of the Board of Directors at Corporación par alas Investigaciones Biológicas since 2003. Mr. Uribe holds a B.A. degree from EAFIT University and an MBA degree from Babson College.

CEO Compensation
  • Insufficient data for Juan to compare compensation growth.
  • Insufficient data for Juan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Bancolombia management team in years:

4.1
Average Tenure
53
Average Age
  • The tenure for the Bancolombia management team is about average.
Management Team

Juan Mora Uribe

TITLE
President & CEO
AGE
53
TENURE
3 yrs

José Acosta Martin

TITLE
VP of Finance and CFO
AGE
56

Jorge Lara

TITLE
Vice President of Technology Services

Alejandro Jaramillo

TITLE
Investor Relations Manager
AGE
53

Mauricio Rojas

TITLE
Chief Legal Officer
AGE
49

Enrique Bacci

TITLE
Vice President of Human Resources
AGE
53
TENURE
4.1 yrs

Rodrigo Prieto Uribe

TITLE
Chief Risk Management Officer & VP of Risk Management
AGE
45
TENURE
8.3 yrs

Carmenza Tisnes

TITLE
Chief Internal Auditor Officer & VP of Internal Audit
AGE
58
TENURE
8.1 yrs

Maria Arrastia Uribe

TITLE
Chief Personal & SMES Banking Officer and Business Vicepresidency
AGE
53
TENURE
3.6 yrs

Rafael Barraza Domínguez

TITLE
CEO & President of Banco Agrícola SA
Board of Directors Tenure

Average tenure and age of the Bancolombia board of directors in years:

4.2
Average Tenure
60
Average Age
  • The tenure for the Bancolombia board of directors is about average.
Board of Directors

David Bojanini García

TITLE
Chairman of the Board
AGE
62

Gonzalo Pérez Rojas

TITLE
Director
AGE
60
TENURE
15.3 yrs

Hernando Gómez Restrepo

TITLE
Director
AGE
61
TENURE
6.2 yrs

Roberto Steiner Sampedro

TITLE
Director
AGE
59
TENURE
5.2 yrs

Arturo Condo Tamayo

TITLE
Director
AGE
51
TENURE
3.2 yrs

Andres Mejia Cardona

TITLE
Director
AGE
56
TENURE
3.2 yrs

Luis Restrepo Echavarría

TITLE
Director
AGE
60
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Bancolombia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bancolombia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BXK News

Simply Wall St News

BXK Company Info

Description

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.

Details
Name: Bancolombia S.A.
BXK
Exchange: DB
Founded: 1945
COP9,707,380,483
961,827,000
Website: http://www.grupobancolombia.com
Address: Bancolombia S.A.
Carrera 48 # 26-85,
Avenida Los Industriales,
Medellín,
Colombia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BVC BCOLOMBIA Common Shares Bolsa de Valores de Colombia CO COP 18. Feb 1994
NYSE CIB SPON ADR EACH REP 4 PRF COP500(BNY) New York Stock Exchange US USD 26. Jul 1995
BVC PFBCOLOM Preferred Shares Bolsa de Valores de Colombia CO COP 09. Nov 1995
DB BXK SPON ADR EACH REP 4 PRF COP500(BNY) Deutsche Boerse AG DE EUR 26. Jul 1995
Number of employees
Current staff
Staff numbers
30,740
Bancolombia employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 21:15
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.