CIB Stock Recent News

Ecopetrol: Improving Outlook, 23% Yield, Ex-Dividend Date Next Week

The mean of analysts' price targets for Bancolombia (CIB) points to a 32.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

With a stressful year behind us, it's time to buy undervalued stocks, including the seven bargain financial stocks we'll discuss today. Historically, this industry is known for sizable dividends and strong profitability, especially now with rising interest rates.

Bancolombia S.A. (NYSE:CIB ) Q3 2022 Earnings Conference Call November 16, 2022 8:00 AM ET Company Participants Juan Carlos Mora – Chief Executive Officer Juan Pablo Espinosa – Chief Economist Jose Humberto Acosta – Chief Financial Officer Conference Call Participants Jason Mollin – Scotiabank Andres Soto – Santander Ernesto Gabilondo – Bank of America Tito Labarta – Goldman Sachs Carlos Gomez – HSBC Julian Ausique – Davivienda Yuri Fernandes – JPMorgan Alonso Garcia – Credit Suisse Operator Good morning, ladies and gentlemen and welcome to Bancolombia's Third Quarter 2022 Earnings Conference Call.

Bancolombia is one of my preferred ways to gain access to Colombia. Colombia trades at a significant discount to MSCI Emerging Markets.

Bancolombia SA (NYSE:CIB ) Q2 2022 Earnings Conference Call August 10, 2022 9:00 AM ET Company Participants Carlos Raad - IR Director & Manager Juan Carlos Mora - President & CEO Juan Pablo Espinosa - Head, Economic Research José Humberto Acosta - CFO & VP, Finance Conference Call Participants Jason Mollin - Scotiabank Yuri Fernandes - JPMorgan Chase & Co. Ernesto Gabilondo - Bank of America Merrill Lynch Carlos Gomez - HSBC Olavo Duarte - UBS Daer Labarta - Goldman Sachs Group Carlos Raad Good morning, ladies and gentlemen, and welcome to Bancolombia's Second Quarter 2022 Earnings Conference Call. My name is Chad, and I will be your operator for today's call.

DINO, DLNG, and CIB made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 18, 2022.

Bancolombia (CIB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

CIB vs. NABZY: Which Stock Is the Better Value Option?

CIB, CC and CAR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on June 29, 2022.