Ricardo Moreno - Bancolombia Independent Director

CIB Stock  USD 32.07  0.55  1.69%   

Director

Dr. Ricardo Sierra Moreno serves as Independent Member of the Board of Directors of BanColombia SA. He was appointed to this post on March 1 2010 and was on the Company Board since 1996. On April 22 2013 he was appointed Member of the Companys Audit Committee. Moreover he served as Member of the Bank Compensation Committee. He was President of Productora Distrihogar SA since 1989. He had previously held positions as Chief Financial Officer of Suramericana de Seguros SA from 1982 to 1989 and Regional Manager of Corporationrationracion Financiera Suramericana SA Corfinsura from 1979 to 1982. He is also Member of the Board of Directors of Conconcreto SA Carulla Vivero SA UNE EPM Telecomunicaciones SA and Calcetines Crystal SA. He has also been Member of the ANDIs sectional board since 1992. since 2010.
Age 64
Tenure 14 years
Professional MarksPh.D
Address Carrera 48 # 26-85, Medellín, Colombia
Phone57 6 014 885950
Webhttps://www.grupobancolombia.com

Bancolombia Management Efficiency

The company has Return on Asset of 0.0179 % which means that on every $100 spent on assets, it made $0.0179 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1573 %, implying that it generated $0.1573 on every 100 dollars invested. Bancolombia's management efficiency ratios could be used to measure how well Bancolombia manages its routine affairs as well as how well it operates its assets and liabilities. As of April 25, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.000042. At present, Bancolombia's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 315.1 T, whereas Net Tangible Assets are forecasted to decline to about 19 T.
The company has 33.75 T in debt with debt to equity (D/E) ratio of 7.12, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Bancolombia until it has trouble settling it off, either with new capital or with free cash flow. So, Bancolombia's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bancolombia SA ADR sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bancolombia to invest in growth at high rates of return. When we think about Bancolombia's use of debt, we should always consider it together with cash and equity.

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Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Costa Rica, and Guatemala. Bancolombia S.A. was incorporated in 1945 and is headquartered in Medelln, Colombia. Bancolombia is traded on New York Stock Exchange in the United States. Bancolombia SA ADR (CIB) is traded on New York Stock Exchange in USA. It is located in Carrera 48 # 26-85, Medellín, Colombia and employs 34,756 people. Bancolombia is listed under Diversified Banks category by Fama And French industry classification.

Management Performance

Bancolombia SA ADR Leadership Team

Elected by the shareholders, the Bancolombia's board of directors comprises two types of representatives: Bancolombia inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Bancolombia. The board's role is to monitor Bancolombia's management team and ensure that shareholders' interests are well served. Bancolombia's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Bancolombia's outside directors are responsible for providing unbiased perspectives on the board's policies.
Rafael Domnguez, CEO SA
Alejandro Meja, IR Manager
Juan Franco, Non Independent Member
Jean Toro, Legal Representative of Banca de Inversion Bancolombia S.A.
Andres Echeverri, President Nequi
Ricardo Uribe, Legal Representative of Banca de Inversion Bancolombia SA Corporacion Financiera
Luis Moreno, Vice President of Personal and Small and Medium Enterprises Banking
Silvina Vatnick, Independent Director
Jose Cadavid, Director
Enrique Bacci, Vice President of the Human Management
Rafael Dominguez, Chief Executive Officer of Banco Agricola SA
Jos Martn, CFO Fin
Ricardo Moreno, Independent Director
Luis Serna, Vice President of Mortgage Banking
Jose Rios, Chief Officer
Federico Coloma, President BAM
Gonzalo Bridge, Vice President of Corporate and Government Banking
Hernan Arias, Vice President of Treasury
Laura Clavijo, Chief Economist
Martha Jaramillo, CEO of Tuyi
Luis Echavarria, Independent Director
Jose Martin, Chief Financial Officer, Financial Vice President
Jorge Betancur, Vice President of Sufi
Maria Betancur, Vice President of Technology Services
Carlos Baene, Investor Manager
Mauricio Rojas, Corporate Vice President
Julian Gomez, Legal Representative of Fiduciaria Bancolombia
Juan Solorzano, Legal Representative of Fiduciaria Bancolombia SA
Rafael Villegas, Director
Christian Will, CEO of BAM
Carlos Bustamante, CEO of Peru Business Units
Gabriel Lelle, Corporate Vice President of Innovation and Digital Transformation
Augusto Gomez, Vice President of Human Resources
Esteban Vasquez, Legal Representative of Leasing Bancolombia SA
Hernando Restrepo, Independent Director
Juan Ospina, Legal Representative of Valores Bancolombia
Victor Idrobo, Legal Representative of Bancolombia Panama and Bancolombia Cayman
Jose Rodriguez, Vice President of Internal Audit
Claudia Uribe, Chief Legal Officer and General Counsel
Jaime Gutierrez, Vice President Service Delivery & Customer Experience
Hector Guzman, Legal Representative of Factoring Bancolombia SA
Roberto Sampedro, Independent Director
Gonzalez Bacci, Vice President of Human Resources
Carmenza Tisnes, Vice President of Internal Audit
Carlos Lopez, International Vice President
Emilio Soto, President of Valores Bancolombia SA
Jaime Botero, VP of Strategy and Fin., Member of Assets and Liabilities Committee and Member of Credit Committee
Carlos Jimenez, CEO and President and Member of Corporate Governance Committee
Sylvia Gomez, Independent Member
Pablo Gomez, Legal Representative of Bancoolombia (Panama) SA
Juan Sierra, Legal Representative of Bancolombia Puerto Rico
Aimee Grimaldo, Chief Executive Officer of Banistmo
Maria Uribe, Vice President of Consumer and Housing Credit
Andres Cardona, Independent Director
Juan Gomez, Legal Representative of Renting Colombia SA
Luis Londono, Vice President of Human Resources
Liliana Uribe, Vice President of Payment Solutions
Rodrigo Uribe, Vice President - Risk Management
Cipriano Gonzalez, Innovation Vice President
Juan Uribe, Vice President of Corporate Services
Aime Grimaldo, CEO Banistmo
Gonzalo Rojas, Non Independent Member
Jorge Tobon, Vice President of Administrative Services
David Garcia, Chairman of the Board
Arturo Tamayo, Independent Director
Santiago Cardona, CEO of Miami Business Unit

Bancolombia Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Bancolombia a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Bancolombia

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bancolombia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bancolombia will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Bancolombia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bancolombia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bancolombia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bancolombia SA ADR to buy it.
The correlation of Bancolombia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bancolombia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bancolombia SA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bancolombia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bancolombia SA ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bancolombia's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bancolombia Sa Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bancolombia Sa Adr Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bancolombia SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Bancolombia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bancolombia. If investors know Bancolombia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bancolombia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
3.5 K
Earnings Share
6.49
Revenue Per Share
21.7 K
Quarterly Revenue Growth
0.037
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.