BVC:CORFICOLCF Income Statement

Financials in millions COP. Fiscal year is January - December.

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Interest Income on Loans	626,993	604,298	614,005	399,888	291,478	296,010	Upgrade
Interest Income on Investments	411,812	411,776	408,713	297,779	247,080	167,371	Upgrade
Total Interest Income	1,038,805	1,016,074	1,022,718	697,667	538,558	463,381	Upgrade
Interest Paid on Deposits	2,120,609	2,281,767	2,367,038	1,310,259	697,960	698,785	Upgrade
Total Interest Expense	2,120,609	2,281,767	2,367,038	1,310,259	697,960	698,785	Upgrade
Net Interest Income	-1,081,804	-1,265,693	-1,344,320	-612,592	-159,402	-235,404	Upgrade
Gain (Loss) on Sale of Assets	3,766	2,928	6,129	7,140	2,981	5,888	Upgrade
Gain (Loss) on Sale of Investments	422,760	440,502	369,392	173,966	280,689	362,007	Upgrade
Gain (Loss) on Sale of Equity Investments	323,567	318,102	325,987	326,875	273,785	202,427	Upgrade
Other Non-Interest Income	10,449,591	10,335,390	11,097,029	11,413,239	10,028,163	8,928,507	Upgrade
Total Non-Interest Income	11,199,684	11,096,922	11,798,537	11,921,220	10,585,618	9,498,829	Upgrade
Non-Interest Income Growth (YoY)	2.00%	-5.95%	-1.03%	12.62%	11.44%	0.94%	Upgrade
Revenues Before Loan Losses	10,117,880	9,831,229	10,454,217	11,308,628	10,426,216	9,263,425	Upgrade
Provision for Loan Losses	119,131	126,348	84,192	73,327	60,095	57,285	Upgrade
Revenue	9,998,749	9,704,881	10,370,025	11,235,301	10,366,121	9,206,140	Upgrade
Revenue Growth (YoY)	4.78%	-6.41%	-7.70%	8.38%	12.60%	0.03%	Upgrade
Salaries and Employee Benefits	458,203	467,184	398,165	345,101	311,447	289,926	Upgrade
Occupancy Expenses	127,886	124,105	122,817	129,782	141,005	143,549	Upgrade
Amortization of Goodwill & Intangibles	462,480	434,146	353,204	304,383	259,747	228,289	Upgrade
Selling, General & Administrative	89,125	86,069	78,712	87,391	71,823	65,689	Upgrade
Other Non-Interest Expense	7,194,878	7,041,166	6,714,261	6,330,610	6,108,814	5,196,776	Upgrade
Total Non-Interest Expense	8,332,572	8,152,670	7,667,159	7,197,267	6,892,836	5,924,229	Upgrade
EBT Excluding Unusual Items	1,666,177	1,552,211	2,702,866	4,038,034	3,473,285	3,281,911	Upgrade
Asset Writedown	-20,669	-18,305	95,569	17,185	-125,691	-22,059	Upgrade
Pretax Income	1,645,508	1,533,906	2,798,435	4,055,219	3,347,594	3,259,852	Upgrade
Income Tax Expense	598,091	668,076	1,268,268	1,753,733	1,476,571	962,301	Upgrade
Earnings From Continuing Operations	1,047,417	865,830	1,530,167	2,301,486	1,871,023	2,297,551	Upgrade
Earnings From Discontinued Operations	-	-	-	-88	-22,000	-5,155	Upgrade
Minority Interest in Earnings	-659,717	-667,524	-646,849	-573,256	-570,997	-655,428	Upgrade
Net Income	387,700	198,306	883,318	1,728,142	1,278,026	1,636,968	Upgrade
Net Income to Common	387,700	198,306	883,318	1,728,142	1,278,026	1,636,968	Upgrade
Net Income Growth	5.27%	-77.55%	-48.89%	35.22%	-21.93%	6.90%	Upgrade
Basic Shares Outstanding	366	366	366	366	341	306	Upgrade
Diluted Shares Outstanding	366	366	366	366	341	306	Upgrade
Shares Change (YoY)	-	-	-	7.07%	11.50%	7.79%	Upgrade
EPS (Basic)	1060.36	542.37	2415.87	4726.47	3742.39	5344.65	Upgrade
EPS (Diluted)	1060.36	542.37	2415.87	4726.47	3742.39	5344.65	Upgrade
EPS Growth	5.27%	-77.55%	-48.89%	26.30%	-29.98%	-0.82%	Upgrade
Dividend Per Share	-	-	-	1368.000	2260.000	2042.000	Upgrade
Dividend Growth	-	-	-	-39.47%	10.68%	-22.65%	Upgrade
Effective Tax Rate	36.35%	43.55%	45.32%	43.25%	44.11%	29.52%	Upgrade

Source: S&P Global Market Intelligence. Banks template. Financial Sources.