Grupo Cibest S.A. (CIB)
NYSE:CIB
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.2Last Year’s EPS
1.86Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveys a cautiously positive operational performance: revenue drivers (NII, NIM expansion, fee income), deposits outpacing loans, digital monetization (Wompi breakeven, Nequi growth), and improved regional profitability support a constructive view. However, the quarter was affected by a one-off wealth tax, higher provisioning (cost of risk above guidance), short-term delinquencies in some retail segments, a decline in holding-level equity after large dividend distribution, and meaningful macro and sovereign headwinds (higher inflation, rising policy rates, fiscal deficit and a sovereign downgrade). Management maintained or tightened guidance on key metrics (NIM up, ROE guidance increased) and laid out capital deployment plans, which offsets some capital/one-off concerns. Overall, positives in core operations and strategic digital progress outweigh near-term headwinds but with notable risks to monitor (macroeconomic pressure, provisions and holding-level capital impacts).Company Guidance
Solid Net Interest Income and NIM Expansion
Net interest income increased 7% quarter-over-quarter. Lending NIM rose from 7.6% to 7.8% and overall NIM expanded 20 basis points to 7.0% (from 6.8%), driven by higher balances and repricing in Colombia and higher yields in the investment portfolio.
Deposits Outpace Loan Growth and Stable Low-Cost Funding
Deposits grew 2.8% quarter-over-quarter (3.4% net of FX) and 10.4% year-over-year (14.3% net of FX), outpacing loan growth. Sight deposits represent 58% of total funding, online time deposits grew 7.7% in Colombia and now account for 51% of time deposits, helping preserve a competitive funding cost (aggregate cost of deposits increased only ~6 bps).
Loan Portfolio Growth and Segment Trends
Gross loan portfolio increased 2.1% quarter-over-quarter (2.7% net of FX) and expanded 9.6% year-over-year net of FX. Commercial loans +2.4% q/q, mortgages +2.5% q/q (but moderating), consumer loans +1% q/q. Bancolombia Panama loan book grew 9.7% q/q in USD.
Strong Fee Income and Digital Monetization
Fee income increased 11.8% year-over-year and net fee income grew 30% YoY (adjusted net fee income growth ~15.3% YoY excluding a reclassification). Digital businesses continue to increase share of fee income; ARPAC rising and CTS declining at Nequi.
Digital Platforms Driving Profitability and Scale
Wompi reached breakeven earlier than expected with >55,000 active merchants. Nequi is profitable (administrative net income ~USD 7 million in Q1, projected ~USD 30 million for full year), deposits at Nequi COP 6.8 trillion, 90-day past due at 3.3%, and 2026 guidance for Nequi: loans +50%, deposits +10%, total income +40%.
Improved Operational Performance at Regional Units
BAM posted improved profitability (ROE 16.2%) supported by cost optimization and digital ecosystem rollout; Banagricola delivered strong ROE of 20.5% and maintained efficiency ratio below 48%.
Capital Actions and Shareholder Returns
Shareholders approved COP 4.3 trillion ordinary dividend and a new share buyback program authorizing repurchases up to COP 1.35 trillion (may be executed over up to 3 years). 2025 buyback execution reached 51% (12.7 million shares, ~1.3% outstanding) and ADRs outperformed (+66% during buyback execution).
Guidance Maintained/Upgraded
Company maintained loan growth guidance of 7%-8%, raised NIM guidance to 7.0%-7.2%, kept cost-of-risk guidance at 1.6%-1.8% (despite Q1 at 1.9%), maintained 49% efficiency guidance and increased ROE guidance to 19.5%-20% for 2026.
CIB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CIB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $65.22 | $65.82 | +0.92% |
Feb 23, 2026 | $78.22 | $79.10 | +1.12% |
Nov 06, 2025 | $59.26 | $62.16 | +4.90% |
Aug 06, 2025 | $44.64 | $45.86 | +2.73% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Grupo Cibest S.A. (CIB) report earnings?
Grupo Cibest S.A. (CIB) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Grupo Cibest S.A. (CIB) earnings time?
Grupo Cibest S.A. (CIB) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CIB EPS forecast?
CIB EPS forecast for the fiscal quarter 2026 (Q2) is 2.2.