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Business Summary: Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru and other countries. The Bank and its subsidiaries offer Savings and Investment, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Bancolombia SA (ADR) interest income decreased 8% to COP8.413T. Net interest income after loan loss provision increased 3% to COP3.964T. Net income applicable to common stockholders increased 4% to COP928.71B. Net interest income after loan loss provision reflects Banking EI Salvador segment increase of 18% to COP381.38B, Banking Guatemala segment increase of 12% to COP285.09B.