Grupo Cibest S.A. (CIB) announced its second-quarter 2025 financial results on August 7, 2025, reporting a net income of $427.2 million. The company achieved earnings of $1.79 per share, surpassing Wall Street expectations. This strong performance contributed to a positive financial outlook.
Following these results, Grupo Cibest revised its 2025 guidance upwards. Loan growth is now projected at approximately 5.4%, with commercial loans expected to grow by 4.2%, consumer loans by 7%, and mortgage loans by 7.5%. The Net Interest Margin (NIM) is anticipated to be around 6.3%.
The company also updated its cost of risk projection to a range of 1.6% to 1.8%, reflecting ongoing improvements in asset quality and robust risk management. The Return on Equity (ROE) has been revised to approximately 16%, indicating enhanced profitability expectations.
Grupo Cibest announced a share repurchase program of up to COP 1.3 trillion, aimed at enhancing shareholder value. As of June 2025, the company maintained a double leverage ratio of 104.80%, indicating a solid capital structure.
The positive economic trends in Colombia, including a projected GDP growth of 2.6% for 2025, underpin management's confidence in achieving these revised targets. The digital platform Nequi is also steadily progressing towards profitability, further supporting the company's outlook.
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