Company: CIB
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0002058897-25-000048
Chunk: 19

Company: Grupo Cibest S.A.
Filing Date: 2025-11-06
Form: 6-K
Chunk 19
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 prices, although it could temporarily rebound due to global disruptions. A lower external demand and a reduction in remittances are anticipated, which would affect consumption. Fiscal space remains limited due to rigidities in expenditure, but a short-term fiscal improvement is expected, in line with commitments to the IMF, and inflation is projected to be close to 1.3% over the medium term.

Within this context, Banco Agricola’s loan portfolio closed the quarter with a growth of 1.5% (measured in USD). The commercial portfolio demonstrated strong expansion, especially in the construction segment. Similarly, the consumer portfolio increased, driven by personal unsecured loans and credit cards. All types of deposits—checking accounts, savings accounts, and time deposits—grew within the funding base during the quarter, boosted by the corporate segment and, in the case of individuals, by a significant increase in remittances received this year.

Banco Agricola’s net result for 3Q25 was a profit of COP 144.3 billion, representing an increase of 3.7% compared to 2Q25. Net interest income rose quarter-over-quarter, mainly due to higher interest income from the loan portfolio, particularly from the consumer segment and increased income from treasury activities. This was complemented by lower interest expenses, attributed to a reduction in the balance and rates of interest-bearing liabilities. The net interest margin for 3Q25 was 7.86%.

Meanwhile, net provisions for the period increased due to the growth in the loan portfolio, especially in consumer loans, within higher-risk segments. Consequently, the cost of risk stood at 2.41% for the quarter, up compared to 2Q25 and 3Q24.

Net commissions increased, measured in USD, mainly due to growth in structuring projects and credit card transactions. Operating expenses rose, measured in USD, primarily because of higher labor expenses related to training and bonuses, as well as general expenses stemming from external consulting services.

Finally, the quarterly annualized ROE stood at 20.18%.

The total solvency ratio was 13.56%. The increase compared to the previous quarter is mainly explained by higher retained earnings during the period.

| 16 |

| 3Q25 |

| STATEMENT OF FINANCIAL POSITION AND INCOME STATEMENT, CONSOLIDATED (1) |     |      As of |     |            |     |    Quarter |     |            |     |            |     |      Change |     |   |