Bancolombia S.A. (CIB)

Bancolombia Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	21,089,711	21,089,711	20,632,429	15,147,265	8,303,918	12,731,348
Revenue Growth (YoY)	2.22%	2.22%	36.21%	82.41%	-34.78%	14.71%
Gross Profit	21,089,711	21,089,711	20,632,429	15,147,265	8,303,918	12,731,348
Selling, General & Admin	10,384,178	10,384,178	8,977,556	7,523,102	6,391,589	6,435,882
Other Operating Expenses	2,558,007	2,558,007	1,910,087	1,640,151	1,603,556	1,817,935
Operating Expenses	12,942,185	12,942,185	10,887,643	9,163,253	7,995,145	8,253,817
Operating Income	8,147,526	8,147,526	9,744,786	5,984,012	308,773	4,477,531
Other Expense / Income	98,035	98,035	212,875	120,992	39,365	97,216
Pretax Income	8,049,491	8,049,491	9,531,911	5,863,020	269,408	4,380,315
Income Tax	1,932,555	1,932,555	2,748,421	1,776,225	-6,586	1,262,964
Net Income	6,116,936	6,116,936	6,783,490	4,086,795	275,994	3,117,351
Net Income Growth	-9.83%	-9.83%	65.99%	1380.76%	-91.15%	17.24%
Shares Outstanding (Basic)	962	962	962	962	962	962
EPS (Basic)	25680.00	25680.00	28452.00	17236.00	1388.00	13204.00
EPS (Diluted)	25680.00	25680.00	28452.00	17236.00	1388.00	13204.00
EPS Growth	-9.74%	-9.74%	65.07%	1141.79%	-89.49%	16.85%
Free Cash Flow	16,926,285	16,926,285	3,222,312	4,970,606	9,969,090	10,992,597
Free Cash Flow Per Share	70392.22	70392.22	13400.80	20671.52	41458.97	45715.49
Dividend Per Share	3.361	3.361	3.047	0.276	1.697	1.319
Dividend Growth	10.31%	10.31%	1003.99%	-83.74%	28.66%	-3.93%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	38.63%	38.63%	47.23%	39.51%	3.72%	35.17%
Profit Margin	29.00%	29.00%	32.88%	26.98%	3.32%	24.49%
Free Cash Flow Margin	80.26%	80.26%	15.62%	32.82%	120.05%	86.34%
Effective Tax Rate	24.01%	24.01%	28.83%	30.30%	-2.44%	28.83%
EBITDA	9,132,329	9,132,329	10,481,359	6,718,187	1,005,775	5,057,568
EBITDA Margin	43.30%	43.30%	50.80%	44.35%	12.11%	39.73%
Depreciation & Amortization	1,082,838	1,082,838	949,448	855,167	736,367	677,253
EBIT	8,049,491	8,049,491	9,531,911	5,863,020	269,408	4,380,315
EBIT Margin	38.17%	38.17%	46.20%	38.71%	3.24%	34.41%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).