Grupo Cibest (NYSE:CIB) Issues Earnings Results, Misses Estimates By $0.30 EPS
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5 Articles
Grupo Cibest: Q3 Earnings Snapshot – WTOP News
MEDELLIN, Colombia (AP) — MEDELLIN, Colombia (AP) — Grupo Cibest S.A. (CIB) on Monday reported third-quarter net income of $651.2 million. On a per-share basis, the Medellin, Colombia-based company said it had net income of $2.66. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research...
Grupo Cibest (NYSE:CIB) Issues Earnings Results, Misses Estimates By $0.30 EPS
Grupo Cibest (NYSE:CIB - Get Free Report) issued its quarterly earnings data on Monday. The bank reported $2.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.96 by ($0.30). Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The company had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $2.55 billion.
The company's CEO, Juan Carlos Mora, said the results allow the company to continue to grow and evolve in its long-term portfolio.
Grupo Cibest (NYSE:CIB) Posts Earnings Results, Misses Expectations By $0.30 EPS
Grupo Cibest (NYSE:CIB – Get Free Report) released its quarterly earnings data on Monday. The bank reported $2.66 earnings per share for the quarter, missing analysts’ consensus estimates of $2.96 by ($0.30), FiscalAI reports. Grupo Cibest had a net margin of 10.80% and a return on equity of 20.87%. The company had revenue of $1.69 […]
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