financetom
Business
financetom
/
Business
/
BanColombia Q1 Earnings, Revenue Decline
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BanColombia Q1 Earnings, Revenue Decline
May 10, 2024 1:55 AM

04:37 AM EDT, 05/10/2024 (MT Newswires) -- BanColombia ( CIB ) reported Q1 earnings Thursday of 1,729.49 Colombian pesos ($0.45) per diluted share, down from 1,784.91 Colombian pesos a year earlier.

Analysts' estimates were not readily available for comparison.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total fees and commission income, was 6.91 trillion Colombian pesos, down from 7.042 trillion Colombian pesos a year earlier.

Analysts surveyed by Capital IQ expected 6.948 trillion Colombian pesos.

Price: 33.65, Change: -0.42, Percent Change: -1.23

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Novo Holdings nearly doubles earnings as Wegovy swells coffers
Novo Holdings nearly doubles earnings as Wegovy swells coffers
Apr 2, 2025
* Novo Holdings is Novo Nordisk's biggest shareholder * Investment returns hit record $8.7 billion last year * Novo Nordisk dividends fuel investment (Adds detail on returns and employees, paragraphs 4 and 6) By Maggie Fick and Stine Jacobsen LONDON/COPENHAGEN, April 2 (Reuters) - Novo Holdings, the controlling shareholder of obesity drugmaker Novo Nordisk , nearly doubled annual income and...
Realty Income Prices $600 Million Debt Offering
Realty Income Prices $600 Million Debt Offering
Apr 2, 2025
03:54 AM EDT, 04/02/2025 (MT Newswires) -- Realty Income ( O ) said late Tuesday it priced a public offering of $600 million worth of 5.125% senior unsecured notes due 2035 at 98.371% of the principal. Net proceeds from the offering will be used for general corporate purposes, the company said. This offering is expected to close on April 10....
HCW Biologics to Implement 1-for-40 Reverse Stock Split
HCW Biologics to Implement 1-for-40 Reverse Stock Split
Apr 2, 2025
04:03 AM EDT, 04/02/2025 (MT Newswires) -- HCW Biologics ( HCWB ) said Tuesday its board has approved a 1-for-40 reverse split of its common stock, effective April 11, to regain compliance with Nasdaq's $1 minimum bid price requirement. The move will reduce the company's total number of issued and outstanding common shares to about 1.1 million from 44.9 million....
News Corp Completes Sale of Foxtel to DAZN
News Corp Completes Sale of Foxtel to DAZN
Apr 2, 2025
04:02 AM EDT, 04/02/2025 (MT Newswires) -- News Corp ( NWSA ) said Wednesday it has completed the sale of Foxtel Group to DAZN Group. The completion followed DAZN's receipt of regulatory approvals for its acquisition of the pay television service, the media conglomerate said. Upon completion, 592 million Australian dollars ($373.2 million) in shareholder loans were repaid to News...
Copyright 2023-2026 - www.financetom.com All Rights Reserved