Bancolombia SA Files 2024 Annual Report
| Field | Detail |
|---|---|
| Company | Bancolombia SA |
| Form Type | 20-F |
| Filed Date | Mar 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, financials, debt
TL;DR
Bancolombia's 2024 20-F is in, check out preference shares & subordinated notes.
AI Summary
Bancolombia SA filed its 20-F for the fiscal year ending December 31, 2024. The filing provides details on the company's financial performance and operations. Key financial instruments mentioned include preference shares and subordinated notes due in 2027 and 2034.
Why It Matters
This filing is crucial for investors to understand Bancolombia's financial health and strategic direction for the past year, impacting investment decisions.
Risk Assessment
Risk Level: medium — As a financial institution, Bancolombia is subject to market, credit, and operational risks inherent in the banking sector.
Key Numbers
- 2024 — Fiscal Year (The period covered by the 20-F filing.)
- 2023-12-31 — Prior Year End (Comparison point for financial data.)
Key Players & Entities
- BANCOLOMBIA SA (company) — Filer of the 20-F report
- 2024-12-31 (date) — Fiscal year end date
- 2025-03-28 (date) — Filing date
- MEDELLIN (location) — City of Bancolombia's business address
FAQ
What is the total number of American Depositary Shares outstanding as of December 31, 2024?
The filing indicates 'cib:AmericanDepositorySharesMember' for the period 2024-01-01 to 2024-12-31, but a specific total number is not provided in this snippet.
What is the principal amount of the Subordinated Notes Due 2027 at 6.909%?
The filing lists 'cib:SubordinatedNotesDue2027At6.909PercentMember' for the period 2024-01-01 to 2024-12-31, but the specific dollar amount is not detailed in this extract.
What was the Gross Carrying Amount for Preference Shares as of December 31, 2024?
The filing shows 'ifrs-full:GrossCarryingAmountMember' for 'ifrs-full:PreferenceSharesMember' on 2024-12-31, but the specific value is not present in this excerpt.
What is the Accumulated Impairment for Commercial Loans as of December 31, 2023?
The filing references 'ifrs-full:AccumulatedImpairmentMember' for 'cib:CommercialLoansMember' for 2023-12-31, but the exact figure is not provided in this snippet.
What is the SIC code for Bancolombia SA?
The Standard Industrial Classification (SIC) code for Bancolombia SA is 6029, categorized under COMMERCIAL BANKS, NEC.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 28, 2025 regarding BANCOLOMBIA SA.