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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,118,103	1,938,118	1,823,679	3,203,549	1,435,153	1,340,324
Investment Securities	8,870,404	8,448,606	8,592,846	8,457,896	6,924,378	6,460,650
Trading Asset Securities	6,451,947	5,449,646	2,637,104	1,656,313	2,143,707	2,786,656
Total Investments	15,322,351	13,898,252	11,229,950	10,114,209	9,068,085	9,247,306
Gross Loans	51,443,795	49,484,465	44,581,431	36,600,183	32,679,513	30,373,622
Allowance for Loan Losses	-2,467,509	-2,416,920	-2,033,178	-1,967,781	-1,981,913	-1,537,345
Net Loans	48,976,286	47,067,545	42,548,253	34,632,402	30,697,600	28,836,277
Property, Plant & Equipment	465,812	439,972	496,041	528,446	539,444	662,222
Goodwill	22,724	22,724	22,724	22,724	22,724	22,724
Other Intangible Assets	588,854	577,627	517,477	432,298	372,976	271,167
Investments in Real Estate	220,196	214,080	216,897	171,419	164,595	233,079
Accrued Interest Receivable	-	33	186	77	-	75
Other Receivables	1,937,587	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	14,440	13,562	22,755	20,892	67,464	71,694
Total Assets	72,667,677	68,601,784	60,004,409	51,663,460	45,090,744	42,577,697
Accounts Payable	282,786	254,512	375,301	270,606	225,324	253,098
Accrued Expenses	204,379	245,304	217,896	164,946	151,906	158,518
Interest Bearing Deposits	52,986,034	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	52,986,034	49,175,732	43,095,945	36,340,252	30,970,733	28,726,380
Short-Term Borrowings	4,506,664	5,474,433	3,137,043	2,525,715	1,954,878	1,296,653
Current Portion of Long-Term Debt	145,030	458,069	-	-	-	-
Current Portion of Leases	165	391	530	2,720	2,944	1,492
Current Income Taxes Payable	261	959	541	8,148	7,502	7,358
Other Current Liabilities	1,244,575	1,240,458	668,119	600,673	547,736	507,037
Long-Term Debt	7,497,866	5,987,422	7,218,843	6,496,761	6,109,377	6,466,116
Pension & Post-Retirement Benefits	10,918	11,327	16,220	17,968	50,601	49,069
Long-Term Deferred Tax Liabilities	-	-	67	-	30,029	196,948
Other Long-Term Liabilities	60,814	64,168	57,185	46,633	59,928	45,625
Total Liabilities	66,940,134	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	5,012,661	4,996,219	4,770,349	4,467,443	4,076,154	4,015,627
Comprehensive Income & Other	-49,093	-70,255	-311,542	-37,376	146,773	102,338
Total Common Equity	5,688,690	5,651,086	5,183,929	5,155,189	4,948,049	4,843,087
Minority Interest	38,853	36,997	32,146	33,391	31,161	25,990
Shareholders' Equity	5,727,543	5,688,083	5,216,075	5,188,580	4,979,210	4,869,077
Total Liabilities & Equity	72,667,677	68,601,784	60,004,409	51,663,460	45,090,744	42,577,697
Total Debt	12,149,725	11,920,315	10,356,416	9,025,196	8,067,199	7,764,261
Net Cash (Debt)	-410,132	-4,517,102	-4,775,179	-3,699,423	-4,145,509	-3,098,584
Net Cash Per Share	-2630.74	-28974.41	-30629.81	-23729.50	-26590.87	-19875.49
Filing Date Shares Outstanding	155.9	155.9	155.9	155.9	155.9	155.9
Total Common Shares Outstanding	155.9	155.9	155.9	155.9	155.9	155.9
Book Value Per Share	36489.42	36248.21	33251.69	33067.34	31738.67	31065.40
Tangible Book Value	5,077,112	5,050,735	4,643,728	4,700,167	4,552,349	4,549,196
Tangible Book Value Per Share	32566.52	32397.33	29786.63	30148.66	29200.50	29180.27

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