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Bancolombia Reports Quarterly Financial Changes
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Bancolombia Reports Quarterly Financial Changes

Bancolombia SA (CIB) has released an update.

Bancolombia S.A. has released its condensed consolidated interim financial statements for the three-month period ending March 31, 2024, revealing a total asset decrease from the previous year-end and a slight dip in total equity. The financial report shows changes in various asset and liability categories, including loans and advances to customers, customer deposits, and equity attributable to shareholders. Interest income has seen a decline compared to the previous year, affecting the net interest margin after credit impairment charges.

For further insights into CIB stock, check out TipRanks’ Stock Analysis page.

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