Company: CIB
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0002058897-25-000048
Chunk: 14

Company: Grupo Cibest S.A.
Filing Date: 2025-11-06
Form: 6-K
Chunk 14
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 63%. In the short term, public debt management operations have reduced the outstanding balance and moderated interest payments. Additionally, international uncertainty—marked by conflicts and tariff measures—could impact inflation and local monetary policy.

In this context, Bancolombia S.A.’s loan portfolio increased by 1.2% in 3Q25 compared to the previous quarter and by 8.0% over the last 12 months. The highest quarterly growth was recorded in the consumer loan segment, especially in credit card products, -driven by commercial strategies launched in the retail mobile app-, as well as unsecured personal loans, and Nequi, which continues its positive trend in loan origination over the past 12 months. The mortgage portfolio maintained its positive trend over the last year, supported by the interest rate reduction strategy. On the other hand, the commercial loan portfolio decreased, mainly due to certain prepayments in the corporate segment.

Regarding deposits, there was a slight decrease of 0.03% in the quarter and an annual increase of 12.8%. During the quarter, the largest decrease was observed in time deposits, specifically corporate time deposits, in contrast to online time deposits, especially from individual clients, which continue their growth trajectory. Checking accounts showed a slight decrease, mainly in the corporate segment, while savings accounts registered a slight increase, driven by the business segment.

Bancolombia S.A.’s net income for 3Q25 was COP 1.7 trillion, representing an increase of 24.7% compared to 2Q25. Net interest income rose due to an increase in interest income, mainly driven by treasury income, and a decrease in interest expenses associated with lower funding rates in savings accounts and time deposits. The net interest margin for 3Q25 was 7.29%.

Provision expenses decreased, explained by better performance across all segments except for the corporate segment, which was affected by certain specific clients, and by releases derived from model calibrations. Consequently, the cost of risk was 1.16%, down from 2Q25 and 3Q24.

Net fees showed a quarterly increase, driven by higher transaction volumes in cards and affiliated establishments. Operating expenses decreased, mainly due to lower personnel expenses, as this quarter did not include costs associated with the migration of employees to Grupo Cibest S.A., which were recorded in 2Q25.

Finally, the quarterly annualized ROE stood at 26.63%.

The Tier 1 capital ratio stood at