Bancolombia Past Earnings Performance
Past criteria checks 2/6
Bancolombia has been growing earnings at an average annual rate of 27.2%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 17.6% per year. Bancolombia's return on equity is 14.6%, and it has net margins of 28.2%.
Key information
27.2%
Earnings growth rate
27.3%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 17.6% |
| Return on equity | 14.6% |
| Net Margin | 28.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bancolombia makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 21,443,247 | 6,052,349 | 10,857,220 | 0 |
| 30 Jun 24 | 21,145,801 | 6,042,914 | 11,642,752 | 0 |
| 31 Mar 24 | 21,094,710 | 6,063,631 | 10,658,486 | 0 |
| 31 Dec 23 | 20,878,330 | 6,116,936 | 10,604,306 | 0 |
| 30 Sep 23 | 20,685,707 | 6,311,722 | 10,869,853 | 0 |
| 30 Jun 23 | 20,678,456 | 6,449,208 | 10,099,793 | 0 |
| 31 Mar 23 | 20,726,695 | 6,768,409 | 9,638,745 | 0 |
| 31 Dec 22 | 20,388,979 | 6,783,490 | 9,196,734 | 0 |
| 30 Sep 22 | 20,094,695 | 6,585,539 | 8,881,863 | 0 |
| 30 Jun 22 | 18,826,597 | 5,898,914 | 8,613,750 | 0 |
| 31 Mar 22 | 17,306,685 | 5,276,137 | 8,241,376 | 0 |
| 31 Dec 21 | 15,063,823 | 4,086,795 | 7,851,167 | 0 |
| 30 Sep 21 | 12,032,993 | 2,375,819 | 7,816,612 | 0 |
| 30 Jun 21 | 10,370,329 | 1,712,838 | 7,330,527 | 0 |
| 31 Mar 21 | 8,435,005 | 482,626 | 6,967,976 | 0 |
| 31 Dec 20 | 8,299,212 | 275,994 | 6,648,627 | 0 |
| 30 Sep 20 | 9,430,428 | 1,011,479 | 6,474,185 | 0 |
| 30 Jun 20 | 10,406,758 | 1,610,421 | 6,597,248 | 0 |
| 31 Mar 20 | 12,009,640 | 2,619,907 | 6,798,538 | 0 |
| 31 Dec 19 | 12,609,597 | 3,117,351 | 6,641,041 | 0 |
| 30 Sep 19 | 12,716,850 | 3,650,267 | 6,388,232 | 0 |
| 30 Jun 19 | 8,978,140 | 3,314,905 | 7,359,717 | 0 |
| 31 Mar 19 | 9,960,462 | 2,970,432 | 6,616,889 | 0 |
| 31 Dec 18 | 11,005,116 | 2,658,864 | 5,937,348 | 0 |
| 30 Sep 18 | 5,737,841 | 2,558,596 | 7,464,979 | 0 |
| 30 Jun 18 | 10,534,108 | 2,466,183 | 5,692,466 | 0 |
| 31 Mar 18 | 10,860,524 | 2,528,006 | 5,711,035 | 0 |
| 31 Dec 17 | 11,143,375 | 2,615,000 | 5,719,090 | 0 |
| 30 Sep 17 | 16,019,983 | 2,688,274 | 4,039,248 | 0 |
| 30 Jun 17 | 14,428,845 | 2,848,650 | 4,632,129 | 0 |
| 31 Mar 17 | 12,569,778 | 2,917,864 | 5,005,742 | 0 |
| 31 Dec 16 | 10,783,399 | 2,701,831 | 5,530,057 | 0 |
| 30 Sep 16 | 10,385,955 | 2,398,621 | 5,138,410 | 0 |
| 30 Jun 16 | 9,803,622 | 2,311,527 | 4,991,062 | 0 |
| 31 Mar 16 | 9,370,685 | 2,268,512 | 4,920,716 | 0 |
| 31 Dec 15 | 8,968,783 | 2,496,377 | 4,613,619 | 0 |
| 30 Sep 15 | 9,515,910 | 2,405,554 | 4,669,839 | 0 |
| 30 Jun 15 | 9,096,249 | 2,416,798 | 4,399,450 | 0 |
| 31 Mar 15 | 8,692,973 | 2,354,055 | 4,244,120 | 0 |
| 31 Dec 14 | 8,157,890 | 2,324,219 | 4,119,049 | 0 |
| 30 Sep 14 | 7,117,823 | 2,231,817 | 3,541,559 | 0 |
| 30 Jun 14 | 7,103,160 | 2,020,410 | 3,608,817 | 0 |
| 31 Mar 14 | 6,589,091 | 1,613,141 | 3,677,110 | 0 |
| 31 Dec 13 | 6,534,439 | 1,515,127 | 3,742,207 | 0 |
Quality Earnings: BXK has high quality earnings.
Growing Profit Margin: BXK's current net profit margins (28.2%) are lower than last year (30.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BXK's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: BXK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BXK had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Banks industry average (13%).
Return on Equity
High ROE: BXK's Return on Equity (14.6%) is considered low.