Banco de Occidente S.A. (BVC: OCCIDENTE)

Banco de Occidente Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,391,116	1,938,118	1,823,679	3,203,549	1,435,153	1,340,324
Investment Securities	8,754,774	8,448,606	8,592,846	8,457,896	6,924,378	6,460,650
Trading Asset Securities	9,840,096	5,449,646	2,637,104	1,656,313	2,143,707	2,786,656
Total Investments	18,594,870	13,898,252	11,229,950	10,114,209	9,068,085	9,247,306
Gross Loans	52,323,112	49,484,465	44,581,431	36,600,183	32,679,513	30,373,622
Allowance for Loan Losses	-2,477,232	-2,416,920	-2,033,178	-1,967,781	-1,981,913	-1,537,345
Net Loans	49,845,880	47,067,545	42,548,253	34,632,402	30,697,600	28,836,277
Property, Plant & Equipment	682,686	439,972	496,041	528,446	539,444	662,222
Goodwill	-	22,724	22,724	22,724	22,724	22,724
Other Intangible Assets	620,894	577,627	517,477	432,298	372,976	271,167
Investments in Real Estate	-	214,080	216,897	171,419	164,595	233,079
Accrued Interest Receivable	-	33	186	77	-	75
Other Receivables	1,074,583	1,266,932	932,698	537,850	676,825	450,157
Restricted Cash	-	3,030,785	2,054,545	1,906,454	2,011,909	1,433,040
Other Current Assets	1,324	107,143	66,248	38,722	33,969	9,632
Long-Term Deferred Tax Assets	-	25,011	72,956	54,418	-	-
Other Long-Term Assets	31,877	13,562	22,755	20,892	67,464	71,694
Total Assets	75,243,230	68,601,784	60,004,409	51,663,460	45,090,744	42,577,697
Accounts Payable	-	254,512	375,301	270,606	225,324	253,098
Accrued Expenses	-	245,304	217,896	164,946	151,906	158,518
Interest Bearing Deposits	52,940,877	49,112,886	42,999,361	36,287,142	30,903,717	28,669,007
Non-Interest Bearing Deposits	-	62,846	96,584	53,110	67,016	57,373
Total Deposits	52,940,877	49,175,732	43,095,945	36,340,252	30,970,733	28,726,380
Short-Term Borrowings	434,699	5,474,433	3,137,043	2,525,715	1,954,878	1,296,653
Current Portion of Long-Term Debt	-	458,069	-	-	-	-
Current Portion of Leases	-	391	530	2,720	2,944	1,492
Current Income Taxes Payable	2,456	959	541	8,148	7,502	7,358
Other Current Liabilities	-	1,240,458	668,119	600,673	547,736	507,037
Long-Term Debt	14,626,815	5,987,422	7,218,843	6,496,761	6,109,377	6,466,116
Pension & Post-Retirement Benefits	104,213	11,327	16,220	17,968	50,601	49,069
Long-Term Deferred Tax Liabilities	-	-	67	-	30,029	196,948
Other Long-Term Liabilities	1,157,117	64,168	57,185	46,633	59,928	45,625
Total Liabilities	69,266,177	62,913,701	54,788,334	46,474,880	40,111,534	37,708,620
Common Stock	4,677	4,677	4,677	4,677	4,677	4,677
Additional Paid-In Capital	720,445	720,445	720,445	720,445	720,445	720,445
Retained Earnings	5,176,608	4,996,219	4,770,349	4,467,443	4,076,154	4,015,627
Comprehensive Income & Other	32,977	-70,255	-311,542	-37,376	146,773	102,338
Total Common Equity	5,934,707	5,651,086	5,183,929	5,155,189	4,948,049	4,843,087
Minority Interest	42,346	36,997	32,146	33,391	31,161	25,990
Shareholders' Equity	5,977,053	5,688,083	5,216,075	5,188,580	4,979,210	4,869,077
Total Liabilities & Equity	75,243,230	68,601,784	60,004,409	51,663,460	45,090,744	42,577,697
Total Debt	15,061,514	11,920,315	10,356,416	9,025,196	8,067,199	7,764,261
Net Cash (Debt)	-830,302	-4,517,102	-4,775,179	-3,699,423	-4,145,509	-3,098,584
Net Cash Per Share	-	-28974.41	-30629.81	-23729.50	-26590.87	-19875.49
Filing Date Shares Outstanding	-	155.9	155.9	155.9	155.9	155.9
Total Common Shares Outstanding	-	155.9	155.9	155.9	155.9	155.9
Book Value Per Share	-	36248.21	33251.69	33067.34	31738.67	31065.40
Tangible Book Value	5,313,813	5,050,735	4,643,728	4,700,167	4,552,349	4,549,196
Tangible Book Value Per Share	-	32397.33	29786.63	30148.66	29200.50	29180.27

Source: S&P Capital IQ. Banks template. Financial Sources.