Grupo Cibest S.A.

Overview

Grupo Cibest S.A. is a Medellín-based financial-services holding company whose businesses span banking, investment and asset management, trust services, leasing, and financial technology. Its subsidiaries and businesses include Bancolombia, Nequi and Wenia, alongside investment-management companies.[1]+2

Its principal markets include Colombia, El Salvador and Guatemala, as well as international banking operations. The company describes its purpose as promoting sustainable development for the well-being of all and says its regional financial-services ecosystem serves nearly 33 million customers.[4][5]

In FY2025, the group reported COP 23.6 trillion in net operating income for total segments; this is the filing’s segment operating-income measure, not a revenue figure. Grupo Cibest was incorporated in September 2024 and has been listed on the Colombian Stock Exchange and the New York Stock Exchange since 2025.[4][6] [1]+5

Products & services

Grupo Cibest’s financial offerings include commercial, consumer, mortgage and small-business lending, financial leasing, credit and debit cards, deposit accounts, and electronic and ATM services. Its broader services include brokerage and investment banking, factoring, fiduciary services, asset management, securities placement, bancassurance distribution, remittances, and acceptances, guarantees and standby letters of credit.[7]+2

Its investment and fiduciary products include trusts, collective investment portfolios and private-equity funds. Other offerings include customer collections with real-time crediting and, through Renting Colombia, vehicle-fleet maintenance services. Card services include cash advances, merchant interchange, handling fees and loyalty points; electronic channels support online payments and collections.[8][9]

For 2025, commercial lending generated COP 14.75 trillion of interest income, about 50% of the COP 29.24 trillion total from loans and financial leases; consumer lending contributed COP 7.54 trillion, mortgages COP 3.55 trillion, leasing COP 3.20 trillion and small-business loans COP 0.21 trillion.[10] In the first half of 2026, interest income from loans and financial leasing was COP 16.26 trillion, up 11.46% year over year; consumer lending grew 22.20%, mortgages 17.61%, leasing 10.49%, commercial lending 4.16% and microcredit 51.98%.[11]

Digital services include Mi Bancolombia and Nequi; as of the second quarter of 2026, Mi Bancolombia had 9.5 million active users, while Nequi had 28.8 million accounts, of which 23.5 million were active. The group’s official brand ecosystem also includes Wompi and Wenia.[12][13] [7]+6

Geographic presence

Grupo Cibest’s regional footprint is anchored in Colombia and El Salvador, with additional presence through international banking subsidiaries and local licenses in Panama, Guatemala, and Puerto Rico.[7]

The company’s principal executive office is at Cra. 48 # 26-85, Medellín, Colombia.[14] The reviewed 2Q26 and 2025 filings do not provide country-level revenue shares or employee distributions.[7][15] [7]+2

Business segments

For FY2025, Grupo Cibest reported geographic banking segments in Colombia, El Salvador, Guatemala and International Banking, as well as a separate Leases segment and “All other segments.” Banking Colombia focuses on banking operations in Colombia; the other named banking segments cover their respective geographies, while Leases represents the leasing business. The report groups holding, investment, fiduciary, technology, innovation, capital-markets and special-purpose-vehicle activities in “All other segments.” [4][16]

Using each segment’s FY2025 “Total operating income / (Expenses), net” as a share of the COP 23,616,411 million total for continuing segments, approximate contributions were: Banking Colombia 74.3%; Banking El Salvador 7.2%; Leases 6.7%; All other segments 6.0%; Banking Guatemala 3.6%; and International Banking 2.2%. These are shares of net operating income, not gross revenue or net income; Panama’s discontinued-operation results are excluded from the denominator.[4]

The FY2025 segment schedule is distinct from other customer, borrower or product classifications used in company reporting. The latest materials reviewed also included 2Q26 results, but the FY2025 schedule was the latest complete audited segment allocation identified.[17]+2 [4]+6

Company history

Grupo Cibest’s corporate lineage includes Banco de Colombia, founded in Medellín in 1875, and Banco Industrial Colombiano (BIC), established in 1945. BIC listed American depositary receipts on the New York Stock Exchange in 1995 and merged with Banco de Colombia in 1998 to form Bancolombia. In 2005, Bancolombia merged with Conavi and Corfinsura, a major consolidation that formed Grupo Bancolombia.[22]

The group expanded across Central America through acquisitions: it acquired Banagrícola in 2007, acquired Banistmo in 2013, and took a stake in Grupo Agromercantil in 2013, increasing that holding in 2015 and acquiring the remaining shares in 2020.[23] In 2025, Bancolombia shareholders received equivalent shares in Grupo Cibest as part of a corporate restructuring that made Cibest the listed parent; trading in its shares began on May 19. Juan Carlos Mora, Bancolombia’s CEO since 2016, became Grupo Cibest’s CEO on April 30, 2025.[24][25] In 2026, the group completed the sale of its Banistmo subsidiary to Banco La Hipotecaria.[26] [23]+4

Sources

• Grupo Cibest S.A. — Full financial report (2025 Y)
  14 citations

  [1][2][4][6][8][9][10][15][16][17][18][19][24][25]
• www.sec.gov[3]
• www.grupocibest.com[5]
• Grupo Cibest S.A. — Full financial report (2026 Q 2)
  4 citations

  [7][11][12][26]
• www.grupobancolombia.com[13]
• www.sec.gov[14]
• www.grupocibest.com[20]
• www.grupocibest.com[21]
• www.grupobancolombia.com[22]
• Grupo Cibest S.A. — Full financial report (2024 Y)[23]