Grupo Cibest S.A. Q1 2026 Financial Report

Grupo Cibest S.A. reported its financial results for the first quarter of 2026. The company's gross loan portfolio grew by 2.14% to COP 261,833 billion, driven by the commercial and mortgage portfolios. Customer deposits increased by 2.76% to COP 271,722 billion. Net profit for the quarter was COP 1,457 billion, impacted by a non-recurring wealth tax accrual. Net interest income rose by 7.00% to COP 5,182 billion due to higher loan portfolio returns. Operating expenses increased by 6.77% to COP 4,044 billion, largely due to the wealth tax and salary adjustments. The company maintained sufficient liquidity levels, with a coverage ratio of 227.85%. Credit risk management focused on portfolio stability, with a 30-day past due loan ratio of 4.02%. Market risk exposure increased by 7.87%, primarily due to foreign exchange and interest rate factors. The company also detailed various regulatory, political, and economic risks across its operating regions.