Bancolombia Income Statement Research

CIB Stock

USD 33.29 0.18 0.54%

Most accounts from Bancolombia's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bancolombia SA ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Bancolombia Valuation and Bancolombia Correlation analysis.

At present, Bancolombia's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 17.5 T, whereas Selling And Marketing Expenses is forecasted to decline to about 115.3 B.

	2021	2022	2023	2024 (projected)
Interest Expense	4.4T	8.4T	16.7T	17.5T
Depreciation And Amortization	855.2B	949.4B	1.1T	1.2T

Interest Expense Depreciation And Amortization

Bancolombia income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Cost Of Revenue	Minority Interest	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.78	0.9	0.36	0.82	0.81	0.54	-0.02	-0.08	-0.01	0.1	0.75	0.5	0.77	0.71	0.75	-0.14	0.64	0.54	0.73	0.69	0.79
Interest Expense	0.78		0.89	0.18	0.99	0.99	0.83	-0.17	-0.22	-0.17	0.32	0.77	0.67	0.81	0.69	0.72	-0.16	0.62	0.5	0.82	0.84	0.74
Selling General Administrative	0.9	0.89		0.45	0.92	0.89	0.58	0.1	0.05	0.11	0.07	0.88	0.46	0.89	0.83	0.79	-0.08	0.73	0.66	0.85	0.81	0.83
Selling And Marketing Expenses	0.36	0.18	0.45		0.21	0.19	0.08	0.42	0.45	0.48	0.05	0.43	-0.17	0.43	0.42	0.11	0.04	0.39	0.35	0.31	0.3	0.23
Total Revenue	0.82	0.99	0.92	0.21		1.0	0.8	-0.18	-0.23	-0.18	0.31	0.8	0.7	0.84	0.72	0.78	-0.23	0.66	0.54	0.83	0.84	0.79
Gross Profit	0.81	0.99	0.89	0.19	1.0		0.81	-0.24	-0.3	-0.25	0.31	0.76	0.74	0.8	0.68	0.76	-0.2	0.61	0.48	0.8	0.81	0.76
Other Operating Expenses	0.54	0.83	0.58	0.08	0.8	0.81		-0.27	-0.32	-0.29	0.68	0.6	0.67	0.66	0.49	0.36	-0.31	0.49	0.36	0.56	0.62	0.44
Operating Income	-0.02	-0.17	0.1	0.42	-0.18	-0.24	-0.27		0.93	0.93	-0.14	0.32	-0.8	0.26	0.43	-0.14	0.06	0.38	0.54	0.15	0.05	-0.05
Ebit	-0.08	-0.22	0.05	0.45	-0.23	-0.3	-0.32	0.93		1.0	-0.12	0.3	-0.78	0.25	0.39	-0.23	0.13	0.37	0.49	0.07	-0.03	-0.13
Ebitda	-0.01	-0.17	0.11	0.48	-0.18	-0.25	-0.29	0.93	1.0		-0.12	0.35	-0.75	0.3	0.44	-0.18	0.12	0.41	0.53	0.11	0.02	-0.07
Total Operating Expenses	0.1	0.32	0.07	0.05	0.31	0.31	0.68	-0.14	-0.12	-0.12		0.25	0.29	0.3	0.14	0.0	-0.65	0.22	0.12	0.07	0.17	-0.03
Income Before Tax	0.75	0.77	0.88	0.43	0.8	0.76	0.6	0.32	0.3	0.35	0.25		0.3	1.0	0.98	0.65	-0.31	0.92	0.91	0.83	0.77	0.76
Total Other Income Expense Net	0.5	0.67	0.46	-0.17	0.7	0.74	0.67	-0.8	-0.78	-0.75	0.29	0.3		0.36	0.18	0.57	-0.27	0.19	0.02	0.38	0.45	0.54
Net Income	0.77	0.81	0.89	0.43	0.84	0.8	0.66	0.26	0.25	0.3	0.3	1.0	0.36		0.97	0.66	-0.33	0.91	0.87	0.83	0.78	0.76
Income Tax Expense	0.71	0.69	0.83	0.42	0.72	0.68	0.49	0.43	0.39	0.44	0.14	0.98	0.18	0.97		0.61	-0.28	0.92	0.95	0.81	0.73	0.74
Cost Of Revenue	0.75	0.72	0.79	0.11	0.78	0.76	0.36	-0.14	-0.23	-0.18	0.0	0.65	0.57	0.66	0.61		-0.38	0.56	0.5	0.76	0.72	0.92
Minority Interest	-0.14	-0.16	-0.08	0.04	-0.23	-0.2	-0.31	0.06	0.13	0.12	-0.65	-0.31	-0.27	-0.33	-0.28	-0.38		-0.32	-0.36	-0.17	-0.19	-0.31
Net Income From Continuing Ops	0.64	0.62	0.73	0.39	0.66	0.61	0.49	0.38	0.37	0.41	0.22	0.92	0.19	0.91	0.92	0.56	-0.32		0.94	0.86	0.82	0.76
Tax Provision	0.54	0.5	0.66	0.35	0.54	0.48	0.36	0.54	0.49	0.53	0.12	0.91	0.02	0.87	0.95	0.5	-0.36	0.94		0.76	0.68	0.68
Net Interest Income	0.73	0.82	0.85	0.31	0.83	0.8	0.56	0.15	0.07	0.11	0.07	0.83	0.38	0.83	0.81	0.76	-0.17	0.86	0.76		0.98	0.91
Interest Income	0.69	0.84	0.81	0.3	0.84	0.81	0.62	0.05	-0.03	0.02	0.17	0.77	0.45	0.78	0.73	0.72	-0.19	0.82	0.68	0.98		0.87
Reconciled Depreciation	0.79	0.74	0.83	0.23	0.79	0.76	0.44	-0.05	-0.13	-0.07	-0.03	0.76	0.54	0.76	0.74	0.92	-0.31	0.76	0.68	0.91	0.87

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Bancolombia Account Relationship Matchups

Bancolombia income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	6.2T	5.9T	4.4T	8.4T	16.7T	17.5T
Total Revenue	15.8T	15.7T	17.4T	24.2T	47.1T	49.4T
Gross Profit	15.8T	15.7T	17.4T	19.3T	47.1T	49.4T
Operating Income	4.4T	269.4B	5.9T	17.0T	15.1B	14.3B
Ebit	4.4T	269.4B	5.9T	17.0T	15.1B	14.3B
Ebitda	5.2T	1.0T	6.7T	18.0T	1.1T	1.1T
Income Before Tax	4.5T	308.8B	6.0T	9.7T	8.0T	8.4T
Net Income	3.1T	276.0B	4.1T	6.8T	6.1T	6.4T
Income Tax Expense	1.3T	(6.6B)	1.8T	2.7T	1.9T	2.0T
Cost Of Revenue	(214.0B)	16.3B	0.0	4.9T	5.6T	5.9T
Minority Interest	1.9T	1.6T	(121.0B)	(212.9B)	(117.6B)	(111.7B)
Tax Provision	1.3T	(6.6B)	1.8T	2.7T	1.8T	1.4T
Net Interest Income	11.4T	10.6T	11.3T	17.0T	20.0T	13.2T
Interest Income	16.9T	16.5T	15.7T	25.4T	35.6T	20.6T

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bancolombia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bancolombia's short interest history, or implied volatility extrapolated from Bancolombia options trading.

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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Moving against Bancolombia Stock

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0.54	VBNK	VersaBank Financial Report 5th of June 2024	Pair Corr

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 Correlation Correlation 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:

How To Invest In Bancolombia

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Is Bancolombia Stock a good investment?

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What is Bancolombia's Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Bancolombia Valuation and Bancolombia Correlation analysis.

You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Bancolombia Stock analysis

When running Bancolombia's price analysis, check to measure Bancolombia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bancolombia is operating at the current time. Most of Bancolombia's value examination focuses on studying past and present price action to predict the probability of Bancolombia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancolombia's price. Additionally, you may evaluate how the addition of Bancolombia to your portfolios can decrease your overall portfolio volatility.

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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

6.63

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.

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Bancolombia Income Statement Research

Bancolombia income statement Correlations

Bancolombia Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bancolombia income statement Accounts

Pair Trading with Bancolombia

Moving together with Bancolombia Stock

Moving against Bancolombia Stock

Complementary Tools for Bancolombia Stock analysis

COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Total Revenue	+ 0.99	Interest Expense
Gross Profit	+ 0.99	Interest Expense
Income Tax Expense	+ 0.98	Income Before Tax

Total Other Income Expense Net	- 0.8	Operating Income
Total Other Income Expense Net	- 0.78	Ebit
Total Other Income Expense Net	- 0.75	Ebitda
Minority Interest	- 0.65	Total Operating Expenses
Minority Interest	- 0.38	Cost Of Revenue
Tax Provision	- 0.36	Minority Interest