Grupo Cibest S.A. – Sponsored ADR $CIB Stake Boosted by Candriam S.C.A.

Candriam S.C.A. increased its holdings in Grupo Cibest S.A. – Sponsored ADR (NYSE:CIB) by 46.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 734,456 shares of the bank’s stock after acquiring an additional 233,000 shares during the quarter. Candriam S.C.A.’s holdings in Grupo Cibest were worth $68,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new stake in Grupo Cibest during the third quarter valued at approximately $60,000. Public Employees Retirement System of Ohio purchased a new position in shares of Grupo Cibest during the 2nd quarter worth $79,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Grupo Cibest during the 3rd quarter worth $152,000. SG Americas Securities LLC bought a new stake in shares of Grupo Cibest during the 1st quarter valued at $131,000. Finally, Strategic Investment Advisors MI bought a new stake in shares of Grupo Cibest during the 1st quarter valued at $134,000.

Grupo Cibest Stock Performance

Shares of NYSE CIB opened at $92.21 on Friday. The stock has a market cap of $21.88 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 0.70 and a beta of 0.69. Grupo Cibest S.A. – Sponsored ADR has a 1 year low of $59.64 and a 1 year high of $105.60. The firm has a fifty day moving average price of $96.21 and a 200-day moving average price of $82.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.99 and a quick ratio of 0.99.

Grupo Cibest (NYSE:CIB) last released its earnings results on Monday, August 10th. The bank reported $3.32 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $1.18. Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Equities analysts anticipate that Grupo Cibest S.A. – Sponsored ADR will post 10.87 earnings per share for the current fiscal year.

Grupo Cibest Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 8th were given a $1.6324 dividend. The ex-dividend date was Tuesday, September 8th. Grupo Cibest’s payout ratio is presently 106.24%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CIB. Weiss Ratings upgraded Grupo Cibest from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. JPMorgan Chase & Co. cut Grupo Cibest from an “overweight” rating to a “neutral” rating and set a $110.00 price target for the company. in a research report on Wednesday, September 16th. Citigroup raised Grupo Cibest from a “hold” rating to a “buy” rating in a research note on Thursday, August 13th. Wall Street Zen raised Grupo Cibest to a “buy” rating in a research report on Saturday, October 17th. Finally, The Goldman Sachs Group lifted their price objective on Grupo Cibest from $98.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Grupo Cibest has a consensus rating of “Hold” and a consensus target price of $90.83.

About Grupo Cibest

Grupo Cibest SA is a financial holding company whose businesses provide banking and related financial services to individuals, businesses and institutions. Its offerings include consumer and commercial banking, payments, leasing, trust and investment services, and digital financial products.

The group operates primarily in Colombia and also has a presence in Central America through businesses including Banco Agrícola in El Salvador and Banistmo in Panama. Its digital services include Nequi, a financial platform serving customers in Colombia.

Grupo Cibest was established in 2025 through a corporate reorganization of Bancolombia, which became part of the new holding-company structure.