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

Grupo Cibest S.A. – Sponsored ADR (NYSE:CIB)’s share price gapped down before the market opened 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.30). Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The business had revenue of $1.69 billion for the quarter, compared to analyst estimates of $2.55 billion.

Grupo Cibest Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 8th were issued a dividend of $1.6324 per share. The ex-dividend date was Tuesday, September 8th. Grupo Cibest’s dividend payout ratio (DPR) is 106.24%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CIB shares. Royal Bank Of Canada set a $110.00 price objective on shares of Grupo Cibest in a research note on Tuesday, August 11th. Zacks Research cut Grupo Cibest from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Wall Street Zen upgraded shares of Grupo Cibest to a “buy” rating in a research report on Saturday, October 17th. The Goldman Sachs Group boosted their price target on shares of Grupo Cibest from $98.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. cut shares of Grupo Cibest from an “overweight” rating to a “neutral” rating and set a $110.00 price target for the company. in a research report on Wednesday, September 16th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $90.83.

Institutional Investors Weigh In On Grupo Cibest

Institutional investors and hedge funds have recently bought and sold shares of the business. HighTower Advisors LLC purchased a new stake in Grupo Cibest in the third quarter worth $355,000. Bessemer Group Inc. purchased a new position in Grupo Cibest during the 3rd quarter valued at $189,000. Virtus Advisers LLC increased its position in Grupo Cibest by 6.6% during the 3rd quarter. Virtus Advisers LLC now owns 43,266 shares of the bank’s stock valued at $4,017,000 after purchasing an additional 2,660 shares during the period. Addison Advisors LLC purchased a new position in Grupo Cibest during the 3rd quarter valued at $79,000. Finally, William Blair Investment Management LLC raised its holdings in Grupo Cibest by 73.7% in the 3rd quarter. William Blair Investment Management LLC now owns 618,837 shares of the bank’s stock worth $57,449,000 after purchasing an additional 262,467 shares in the last quarter.

Grupo Cibest Stock Down 5.9%

The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $21.20 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 0.72 and a beta of 0.69. The company’s fifty day simple moving average is $96.17 and its 200 day simple moving average is $82.41.

About Grupo Cibest

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.