Grupo Cibest S.A. (CIB)
NYSE:CIB
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Grupo Cibest
(NYSE:CIB)
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Rating:70Outperform
Price Target:
$92.00
â–²(15.64% Upside)
Action:DowngradedDate:01/27/26
Overall score is driven by strong earnings-call fundamentals and a clear technical uptrend, tempered by weaker cash-flow quality and a revenue growth decline. Dividend yield is supportive, while the P/E limits valuation upside.
Positive Factors
Strong profit margins
Sustained high margins indicate durable operational efficiency and pricing power across core businesses. Strong gross and EBITDA margins give the company flexibility to fund technology investments, absorb cyclical revenue dips, and maintain profitability over the next several quarters without immediate structural changes.
Negative Factors
Declining revenue growth
A sustained contraction in top-line growth undermines the sustainability of earnings and pressures reinvestment capacity. Even with strong margins, persistent revenue declines can erode market share, limit scalability of fixed-cost absorption, and constrain medium-term growth options.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profit margins
Sustained high margins indicate durable operational efficiency and pricing power across core businesses. Strong gross and EBITDA margins give the company flexibility to fund technology investments, absorb cyclical revenue dips, and maintain profitability over the next several quarters without immediate structural changes.
Read all positive factors
Grupo Cibest (CIB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$20.11B
Dividend Yield10.29%
Average Volume (3M)554.63K
Price to Earnings (P/E)8.4
Beta (1Y)0.52
Revenue Growth-6.79%
EPS Growth16.13%
CountryUS
Employees34,182
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)-2.09
Shares Outstanding111,362,236
10 Day Avg. Volume303,226
30 Day Avg. Volume554,629
Financial Highlights & Ratios
PEG Ratio2.16
Price to Book (P/B)0.77
Price to Sales (P/S)0.78
P/FCF Ratio-20.76
Enterprise Value/Market Cap3.37K
Enterprise Value/Revenue1.60
Enterprise Value/Gross Profit2.72
Enterprise Value/Ebitda5.94
Forecast
1Y Price Target
$70.33Price Target Upside-11.60% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
EPS Forecast (FY)8.44
Revenue Forecast (FY)$8.20B
Grupo Cibest Business Overview & Revenue Model
Company Description
Grupo Cibest SA operates as an investment holding company. The company is headquartered in Medellin, Columbia....
How the Company Makes Money
Grupo Cibest generates revenue through multiple streams, primarily from its core offerings in software development and IT services, which include custom software solutions, cloud computing, and managed IT services. Additionally, the company earns ...
Grupo Cibest Earnings Call Summary
Earnings Call Date:Feb 23, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 11, 2026
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.Positive Updates
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%).
Negative Updates
One-Offs and Non-Recurring Items
Q4 included one-off items: a fees & commissions boost of ~EGP 1.5 billion from sale of an asset settled for debt and the EGP 13.1 billion impairment reversal. Management cautioned these are not repeatable and should not be annualized into recurring forecasts.
Read all updates
Q4-2025 Updates
Positive
Negative
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%).
Read all positive updates
Company Guidance
Management's guidance for 2026 targets continued strong, high‑quality growth: a normalized 2025 baseline net income of EGP 70.6 billion with expected bottom‑line growth of 15–20% (to roughly EGP 81–85 billion), loan growth of 30–35% (with CapEx-heavy demand continuing), deposit growth of 15–20% with 50–60% of new deposits expected to be CASA, ROE comfortably above 30% (after 41.5% in 2025), cost‑to‑income below 25%, a normalized cost of risk of c.0.5–0.7% (~EGP 1.5–2.0 billion), gradual NIM compression from the 2025 level of 8.95% (after a 53 bp compression in 2025), a capital adequacy ratio of 27% and a proposed 2025 cash dividend of EGP 6/share (30% payout of distributable profits); management also reiterated plans to launch the digital bank by end‑2026, which they expect to contribute about 10% of group revenues by year five.Grupo Cibest Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 42.48T | 42.91T | 45.18T | 32.69T | 21.69T | 21.58T |
| Gross Profit | 24.89T | 22.43T | 21.05T | 20.45T | 14.92T | 8.19T |
| EBITDA | 11.41T | 9.77T | 9.23T | 10.69T | 6.84T | 1.05T |
| Net Income | 7.34T | 6.27T | 6.12T | 6.78T | 4.09T | 275.99B |
Balance Sheet | ||||||
| Total Assets | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Cash, Cash Equivalents and Short-Term Investments | 33.34T | 30.06T | 36.13T | 28.77T | 24.54T | 23.38T |
| Total Debt | 27.87T | 29.91T | 32.56T | 41.17T | 31.46T | 34.36T |
| Total Liabilities | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> | 10.00T> |
| Stockholders Equity | 42.38T | 43.54T | 38.09T | 39.09T | 32.23T | 26.55T |
Cash Flow | ||||||
| Free Cash Flow | 14.29T | -1.61T | 16.74T | 2.80T | 4.42T | 9.70T |
| Operating Cash Flow | 16.48T | 435.89B | 19.15T | 6.34T | 6.60T | 11.23T |
| Investing Cash Flow | -2.28T | -559.20B | -159.69B | -4.65T | -650.49B | -7.52T |
| Financing Cash Flow | -9.06T | -9.24T | -5.43T | 853.44B | -6.81T | -4.92T |
Grupo Cibest Technical Analysis
Positive
79.56
Price Trends
72.65
Positive
68.74
Positive
59.08
Positive
Market Momentum
0.62
Negative
58.76
Neutral
76.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CIB, the sentiment is Positive. The current price of 79.56 is above the 20-day moving average (MA) of 69.24, above the 50-day MA of 72.65, and above the 200-day MA of 59.08, indicating a bullish trend. The MACD of 0.62 indicates Negative momentum. The RSI at 58.76 is Neutral, neither overbought nor oversold. The STOCH value of 76.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CIB.
Grupo Cibest Risk Analysis
Grupo Cibest disclosed 38 risk factors in its most recent earnings report. Grupo Cibest reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
The Bank is subject to a wide range of cybersecurity incidents. Q4, 2023
Grupo Cibest Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $9.22B | 9.50 | 9.00% | 2.38% | 33.87% | 12.26% | |
74 Outperform | $26.84B | 11.79 | 19.28% | 4.82% | 8.72% | 27.70% | |
70 Outperform | $20.11B | 8.44 | 17.70% | 10.29% | -6.79% | 16.13% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $18.18B | 14.56 | 21.25% | 5.56% | -11.64% | -8.75% | |
57 Neutral | $22.38B | 9.97 | 11.15% | 4.98% | 1.13% | -11.93% | |
56 Neutral | $15.44B | 12.58 | 21.37% | 4.29% | 12.43% | 56.30% |
* Financial Sector Average
CIB
Grupo Cibest
73.12
35.11
92.39%
BCH
Banco De Chile
36.28
11.39
45.75%
BSBR
Banco Santander Brasil
6.00
1.67
38.57%
BSAC
Banco Santander Chile
33.12
11.70
54.62%
BAP
Credicorp
337.44
168.76
100.05%
SSB
SouthState Corporation
94.01
8.86
10.40%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.