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Bancolombia to Delist Notes from NYSE and List on SGX

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Bancolombia to Delist Notes from NYSE and List on SGX

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Bancolombia ( (CIB) ) just unveiled an announcement.

On July 22, 2025, Bancolombia S.A. announced its decision to voluntarily delist its 4.875% Subordinated Notes due 2027 and 8.625% Subordinated Notes due 2034 from the New York Stock Exchange (NYSE). The company plans to list these notes on the Singapore Exchange (SGX) instead. This strategic move, approved by Bancolombia’s board of directors, aims to optimize the company’s listing strategy by considering the benefits of each exchange. The delisting process is expected to begin with a Form 25 filing with the U.S. SEC around August 1, 2025, and the last trading day on the NYSE is anticipated to be August 11, 2025. Trading on the SGX is expected to commence on or about August 12, 2025. Despite this change, the American Depositary Shares of Bancolombia’s parent company, Grupo Cibest S.A., will continue to trade on the NYSE.

The most recent analyst rating on (CIB) stock is a Sell with a $32.00 price target. To see the full list of analyst forecasts on Bancolombia stock, see the CIB Stock Forecast page.

Spark’s Take on CIB Stock

According to Spark, TipRanks’ AI Analyst, CIB is a Outperform.

Bancolombia’s overall stock score is primarily driven by its strong financial performance and attractive valuation, supported by robust revenue growth and an appealing dividend yield. The stock’s technical indicators suggest bullish momentum, further enhancing its attractiveness. However, cash flow challenges and a challenging fiscal environment in Colombia pose risks that investors should monitor.

To see Spark’s full report on CIB stock, click here.

More about Bancolombia

Bancolombia S.A. is a prominent financial institution based in Medellín, Colombia. It operates primarily in the banking industry, offering a wide range of financial services and products to its customers. The company is focused on serving both individual and corporate clients, with a significant presence in the Latin American market.

Average Trading Volume: 338,866

Technical Sentiment Signal: Buy

Current Market Cap: $12.12B

For detailed information about CIB stock, go to TipRanks’ Stock Analysis page.

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