Bancolombia Posts COP 1.7 Trillion Net Income in Q1 2025 with ROE of 16.3%

Bancolombia reported net income of COP 1.7 trillion for the first quarter of 2025, a rise of 4.5% both quarter-on-quarter and year-on-year. The result reflected a net interest margin exceeding 6.4% and a return on equity of 16.3%.

The group's gross loan portfolio expanded 7.7% year-on-year, though consumer loans registered a slight quarter-on-quarter decline. Separately, shareholders approved on 23 April 2025 an extraordinary dividend of COP 624 per share (about COP 600 billion), paid on 29 April as part of the move to the Grupo Cibest holding structure.

INCOME AND COSTS

The year-on-year rise in net income came despite a 1.8% fall in net interest income and a 9.8% increase in operating expenses, as loan-loss provisions fell 16.4% and other operating income rose.

Bancolombia is the largest bank in Colombia by assets and serves customers across retail, corporate, private banking and insurance, as well as operating in Central American markets through its subsidiaries.