Grupo Cibest (NYSE:CIB) Shares Gap Down on Disappointing Earnings

Grupo Cibest S.A. – Sponsored ADR (NYSE:CIB) shares gapped down prior to trading on Tuesday following a dissappointing earnings announcement. The stock had previously closed at $94.91, but opened at $85.88. Grupo Cibest shares last traded at $89.6550, with a volume of 137,282 shares trading hands.

The bank reported $2.66 EPS for the quarter, missing the consensus estimate of $2.96 by ($0.30). The company had revenue of $1.69 billion during the quarter, compared to analysts’ expectations of $2.55 billion. Grupo Cibest had a return on equity of 20.87% and a net margin of 10.80%.

Grupo Cibest Dividend Announcement

The company also recently announced a special dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 8th were given a $1.6324 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. Grupo Cibest’s dividend payout ratio is currently 106.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group upped their price target on Grupo Cibest from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Wall Street Zen raised Grupo Cibest to a “buy” rating in a research report on Saturday, October 17th. Weiss Ratings upgraded shares of Grupo Cibest from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Royal Bank Of Canada set a $110.00 target price on shares of Grupo Cibest in a research report on Tuesday, August 11th. Finally, Citigroup upgraded shares of Grupo Cibest from a “hold” rating to a “buy” rating in a research note on Thursday, August 13th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $90.83.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CIB. William Blair Investment Management LLC boosted its holdings in Grupo Cibest by 73.7% in the third quarter. William Blair Investment Management LLC now owns 618,837 shares of the bank’s stock worth $57,449,000 after acquiring an additional 262,467 shares in the last quarter. Candriam S.C.A. increased its holdings in shares of Grupo Cibest by 46.5% during the third quarter. Candriam S.C.A. now owns 734,456 shares of the bank’s stock valued at $68,443,000 after acquiring an additional 233,000 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Grupo Cibest by 587.6% during the third quarter. Russell Investments Group Ltd. now owns 155,340 shares of the bank’s stock valued at $14,423,000 after acquiring an additional 132,749 shares in the last quarter. Amundi raised its position in shares of Grupo Cibest by 26.7% in the 1st quarter. Amundi now owns 495,535 shares of the bank’s stock worth $36,080,000 after purchasing an additional 104,280 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of Grupo Cibest by 46,580.9% in the 1st quarter. Assetmark Inc. now owns 95,229 shares of the bank’s stock worth $6,934,000 after purchasing an additional 95,025 shares during the last quarter.

Grupo Cibest Trading Down 5.9%

The stock has a market cap of $21.20 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 0.72 and a beta of 0.69. The firm has a 50-day moving average price of $96.17 and a 200-day moving average price of $82.41. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.99 and a current ratio of 0.99.

Grupo Cibest Company Profile

Grupo Cibest SA is a financial holding company whose businesses provide banking and related financial services to individuals, businesses and institutions. Its offerings include consumer and commercial banking, payments, leasing, trust and investment services, and digital financial products.

The group operates primarily in Colombia and also has a presence in Central America through businesses including Banco Agrícola in El Salvador and Banistmo in Panama. Its digital services include Nequi, a financial platform serving customers in Colombia.

Grupo Cibest was established in 2025 through a corporate reorganization of Bancolombia, which became part of the new holding-company structure.