StocksMedium•9 November 2026•
1 min read
Grupo Cibest Q3 Revenue Tops $9 Trillion Despite Earnings Miss on Margin Pressure
Key Facts
1Grupo Cibest reported revenue of $9.23 trillion, exceeding consensus estimates by 15.48%.
2Earnings per ADS of $2.66 fell 4.1% short of the $2.77 consensus estimate.
3Net interest margin narrowed 51 basis points to 7.43% due to rising funding costs.
Grupo Cibest reported revenue of $9.23 trillion for the third quarter of 2026, exceeding consensus estimates by 15.48%. 24/7 Wall St. reported that earnings per ADS came in at $2.66, falling 4.1% short of the $2.77 consensus estimate. The miss was driven by net interest margin narrowing 51 basis points to 7.43% due to rising funding costs.
CIB shares closed at $92.37 on November 6, 2026, as results were weighed down by a 16.77% sequential jump in provisions to $1.19 trillion. According to 24/7 Wall St., the performance reflected credit deterioration in credit cards and mortgages, alongside a 10-basis-point rise in the cost of deposits to 4.50% while Colombia's benchmark interest rate stood at 12.25%.