Bancolombia SA operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bancolombia SA with three other
companies in this sector in the United States:
sales of $6.23 billion
of which 44%
was Swedish Banking),
Citizens Financial Group Inc
of which 58%
was Consumer Banking), and
Nedbank Group Limited
of which 27%
Bancolombia SA reported sales of $6.76 billion
December of 2016.
increase of 18.8%
versus 2015, when the company's sales were $5.69 billion.
Sales of Adjustments and Eliminations saw an increase
that was more than double the company's growth rate: sales were up
11,911.6% in 2016, from
$1.38 million to $165.18 million.
Bancolombia SA also saw significant increases in sales in
Banking Colombia (up 38.3% to $3.82 billion)
Off Shore (up 37.6% to $145.90 million)
All Other Segments (up 1,032.7% to $10.00 million)
Not all segments of Bancolombia SA experienced an increase in sales in 2016:
sales of Investment Banking fell 57.0% to $44,880.00 .
(However, this segment's sales were only a very small portion of the company's overall sales).
Bancolombia SA also experienced decreases in sales in
Brokerage (down 26.5% to $5.66 million)