Grupo Bolívar Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	18,958,330	17,341,446	17,687,088	19,693,649	15,084,591	10,140,275
Interest Income on Investments	3,362,103	3,326,616	4,499,973	4,273,115	1,511,133	1,030,404
Total Interest Income	22,320,433	20,668,062	22,187,061	23,966,764	16,595,724	11,170,679
Interest Paid on Deposits	8,902,196	8,177,402	8,580,810	9,401,577	4,538,111	1,660,505
Interest Paid on Borrowings	2,906,514	2,792,968	3,267,716	4,183,980	2,803,028	1,611,642
Total Interest Expense	11,808,710	10,970,370	11,848,526	13,585,557	7,341,139	3,272,147
Net Interest Income	10,511,723	9,697,692	10,338,535	10,381,207	9,254,585	7,898,532
Net Interest Income Growth (YoY)	2.50%	-6.20%	-0.41%	12.17%	17.17%	-1.75%
Gain (Loss) on Sale of Assets	16,785	16,785	9,415	9,364	29,014	4,530
Gain (Loss) on Sale of Equity Investments	541,977	535,823	-	-	-37,391	70,507
Other Non-Interest Income	2,519,411	2,589,203	2,441,583	1,971,219	1,982,088	2,113,566
Total Non-Interest Income	3,078,173	3,141,811	2,450,998	1,980,583	1,973,711	2,188,603
Non-Interest Income Growth (YoY)	18.16%	28.18%	23.75%	0.35%	-9.82%	33.46%
Revenues Before Loan Losses	13,589,896	12,839,503	12,789,533	12,361,790	11,228,296	10,087,135
Provision for Loan Losses	3,689,318	3,483,226	5,298,234	5,925,752	3,448,157	3,376,553
Revenue	9,900,578	9,356,277	7,491,299	6,436,038	7,780,139	6,710,582
Revenue Growth (YoY)	17.77%	24.89%	16.40%	-17.28%	15.94%	21.95%
Salaries and Employee Benefits	3,690,347	3,366,668	3,052,532	2,827,238	2,476,033	2,136,983
Occupancy Expenses	533,441	519,868	476,753	408,465	372,993	340,054
Selling, General & Administrative	3,929,502	3,585,023	3,321,221	3,177,445	2,916,151	2,558,345
Other Non-Interest Expense	414,446	391,117	421,247	1,120,490	12,781	44,752
Total Non-Interest Expense	7,476,563	6,890,006	6,552,210	6,721,709	5,236,424	4,622,862
EBT Excluding Unusual Items	2,424,015	2,466,271	939,089	-285,671	2,543,715	2,087,720
Pretax Income	2,424,015	2,466,271	939,089	-285,671	2,543,715	2,087,720
Income Tax Expense	880,496	829,249	129,757	-485,840	723,993	559,729
Earnings From Continuing Operations	1,543,519	1,637,022	809,332	200,169	1,819,722	1,527,991
Minority Interest in Earnings	-984,115	-940,138	-36,197	91,708	-758,217	-602,557
Net Income	559,404	696,884	773,135	291,877	1,061,505	925,434
Net Income to Common	559,404	696,884	773,135	291,877	1,061,505	925,434
Net Income Growth	-50.65%	-9.86%	164.88%	-72.50%	14.70%	130.73%
Basic Shares Outstanding	-	82	81	79	79	79
Diluted Shares Outstanding	-	82	81	79	79	79
Shares Change (YoY)	-	0.97%	2.25%	0.02%	0.03%	0.04%
EPS (Basic)	-	8533.00	9559.00	3690.00	13422.00	11705.00
EPS (Diluted)	-	8533.00	9559.00	3690.00	13422.00	11705.00
EPS Growth	-	-10.73%	159.05%	-72.51%	14.67%	130.64%
Dividend Per Share	-	-	2736.000	2484.000	2136.000	1620.000
Dividend Growth	-	-	10.14%	16.29%	31.85%	15.38%
Effective Tax Rate	36.32%	33.62%	13.82%	-	28.46%	26.81%

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