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Grupo Cibest S.A. (CIB)
NYSE:CIB
Earnings Data
Report Date
May 11, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
1.7Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial performance: exceptional loan growth, record profits (even on a normalized basis), strong deposit growth with a high CASA mix, robust capital ratios, and conservative cost metrics. Management provided constructive 2026 guidance (double-digit loan and earnings growth targets) and outlined strategic initiatives (digital bank) that could add revenue diversification. Key caveats include reliance on one-off items in Q4 (EGP 1.5 billion fee item and EGP 13.1 billion provision reversal), potential gradual NIM pressure as portfolio mix shifts, regulator-dependent treatment of the ECL reversal, and execution risks on international expansion. Overall, highlights materially outweigh the lowlights.Company Guidance
Strong Loan Growth
Gross loans rose by EGP 177 billion, a 44% increase year-on-year, taking gross loans to EGP 576 billion. 56% of new loans were in local currency and ~50% of the growth was CapEx-driven. Local-currency loan-to-deposit ratio reached an all-time high of 71% (group LDR 52%).
Record Profitability
Reported net profit after tax reached an all-time high of EGP 82.2 billion, up 49% versus 2024. On a normalized basis (after adjusting for the EGP 13.1 billion impairment reversal) profit was EGP 70.6 billion with ROE of 41.5%.
Top-Line and Balance Sheet Expansion
Revenues (top line) grew 19% year-on-year and the balance sheet expanded 19% year-on-year, reflecting genuine growth in core commercial banking activities.
High Capital and Dividend Proposal
Common equity tier capital ratio (CAR) reached 27%. The Board proposed a cash dividend of EGP 6 per share, representing a 30% payout of the distributable portion of 2025 profits.
Improved Funding Mix and Deposits
Total deposits grew 14% (local currency deposits +21%). CASA now comprises 61% of the deposit base, supporting liquidity and helping mitigate margin compression in a falling-rate environment.
NIM Resilience Despite Rate Cuts
Net interest margin was 8.95%, with a contained compression of 53 basis points despite cumulative policy rate cuts of 725 bps during the year, aided by favorable deposit mix and liability management.
Asset Quality and Provisioning Adjustment
NPL ratio remained low at 1.67% with NPL coverage of 358%. The performing-loan coverage ratio is 7.1%. Management implemented a recalibrated ECL model and reversed EGP 13.1 billion of excess provisions to reflect asset quality more accurately.
Operational Efficiency
Cost-to-income ratio remained very low at 15% (management guidance to keep C/I below 25% going forward), indicating strong operational leverage amid revenue growth.
Positive Macroeconomic Backdrop Supporting Growth
Management highlighted macro improvements that supported results: inflation down to 12%, cumulative rate cuts of 725 bps, strengthened EGP (46.47), CBE reserves ~EGP 50 billion, and banking sector NFAs > EGP 20 billion—creating a more business-friendly environment and better interbank liquidity.
Digital Bank Opportunity
CIB has applied for a digital bank license with a target launch before end-2026; management estimates the digital bank could contribute ~10% of group revenues by year 5 and expects significant customer scale (management commentary indicated multi-million customers potential).
2026 Guidance
Management guidance: normalized bottom-line growth of 15–20% above the EGP 70.6 billion baseline; loan growth target 30–35%; deposit growth 15–20% with 50–60% of incremental deposits as CASA; ROE expected to remain above 30%; cost of risk normalized at ~0.5–0.7% (EGP ~1.5–2.0 billion).
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 |
|---|---|---|---|
Feb 23, 2026 | $80.45 | $75.73 | -5.87% |
Nov 06, 2025 | $60.27 | $63.22 | +4.89% |
Aug 06, 2025 | $45.40 | $46.64 | +2.73% |
May 05, 2025 | $40.47 | $41.19 | +1.78% |
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 May 11, 2026, After Close (Confirmed).
What is Grupo Cibest S.A. (CIB) earnings time?
Grupo Cibest S.A. (CIB) earnings time is at May 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
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What is CIB EPS forecast?
Currently, no data Available