Grupo Cibest S.A. · CIB · FY2025 Q2 · Calendar Q3 2025

Grupo Cibest: Strong Q2, Digital Scale, and Macro Risks

The current call provides evidence for a constructive but conditional outlook: strong profitability, low-cost deposits, regional diversification, and scaling digital platforms support growth, while revised full-year expectations and macro, political, and credit risks argue against an unqualified thesis.

Reported Before market openNYSEFinancial Services $22.79B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS $1.79 Consensus $7010.12
EPS surprise -100.0% Reported versus consensus
Reported revenue $2.63B Consensus —
Revenue surprise — Reported versus consensus

Market reaction

prior-close to event-session close
Stock move +2.7% Event window
SPY move -0.1% Same window
Abnormal move +2.8% Stock minus SPY
Volume 5.7× Versus trailing sessions
Subsequent drift +11.7% Up to 20 sessions
CIBSPY benchmark

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Transcript intelligence

What changed

Compared with the prior-quarter analysis, the current call showed stronger reported profitability and digital traction, a formalized share-repurchase target, and a revised full-year outlook. Management also brought the expected Nequi breakeven timing forward to late 2025 or early 2026.

Guidance delta

Management maintained a confident tone while revising full-year expectations to modest loan growth, a 6.3% NIM, 16% ROE, and 1.6%–1.8% cost of risk.

Key takeaways

  • Q2 performance was solid, with 17.5% ROE, 6.6% NIM, low funding costs, and improving asset quality.
  • Nequi, Wompi, and Wenia continued to scale; Nequi’s loan book was reported at 4.7 times its earlier level.
  • The Grupo Cibest structure is intended to support capital allocation and organic or inorganic growth.
  • The investment case remains balanced between digital and regional growth and Colombia’s macro, fiscal, political, and credit risks.

Management priorities

  • Continue share repurchases toward the COP 1.3 trillion target
  • Reach Nequi net-income breakeven by late 2025 or early 2026
  • Scale digital ecosystems while preserving capital strength and supporting loan growth

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Earnings History

Estimate Beat Miss Match
CIB EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q4 '23 estimate $1.32 Q4 '23 actual $1.58, beat Q1 '24 estimate $1.47 Q1 '24 actual $1.80, beat Q2 '24 estimate $1.43 Q2 '24 actual $1.44, match Q3 '24 estimate $1.45 Q3 '24 actual $1.49, beat Q2 '25 estimate $7,010.12 Q2 '25 actual $1.79, miss Q3 '25 estimate $1.81 Q3 '25 actual $2.18, beat Q4 '25 estimate $2.04 Q4 '25 actual $1.77, miss Q1 '26 estimate $1.84 Q1 '26 actual $1.62, miss Q2 '26 estimate $2.14 Q2 '26 actual $3.32, beat Q3 '26 estimate $2.87 Q4 '26 estimate $9,918.36 Q1 '27 estimate $10,579.66 Q2 '27 estimate $10,917.92
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Analyst Consensus ?

ConsensusHold15 ratings
Bullish746.7%
Neutral533.3%
Bearish320.0%

Analyst 52W Price Targets

$96.54Current
$34Low
$77.4Average
$110High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 7, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
JP Morgan Neutral OverweightDowngradeSep 16, 2026
Goldman Sachs Buy BuyMaintainAug 13, 2026
B of A Securities Neutral UnderperformUpgradeJun 1, 2026
UBS Neutral NeutralMaintainApr 23, 2026
Itau BBA Underperform Market PerformDowngradeFeb 26, 2026
Show 10 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $96.54. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Goldman SachsAnalyst unavailable$110$95.79 +13.9%Aug 13, 2026
RBC CapitalAnalyst unavailable$110$91.47 +13.9%Aug 11, 2026
Goldman SachsAnalyst unavailable$98$87.93 +1.5%Jul 28, 2026
UBSAnalyst unavailable$72$73.65 -25.4%Apr 23, 2026
Goldman SachsAnalyst unavailable$69$70.92 -28.5%Jan 13, 2026
See 2 more

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Company context

Snapshot as of publication

Grupo Cibest SA functions as an investment holding enterprise, with its headquarters situated in Medellin, Colombia.

Historical context

All CIB earnings

Financial Services peers this season

Latest reports in the same sector

Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
  3. Polygon adjusted daily market bars · 2026-10-06T23:00:44.776880+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-06T23:00:44.773864+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-06. For educational purposes only; not investment advice.