CIB

This article first appeared on GuruFocus. Net Income: COP2.7 trillion in Q2 2026, up 87% quarter-over-quarter. Return on Equity (ROE): Historic quarterly ROE of 28.7%; annualized ROE stood at 29%. Net Interest Margin (NIM): Expanded by 91 basis points quarter-over-quarter to 7.9%; lending NIM rose from 7.8% to 8.3%. Cost of Risk: Declined to 1.6% (quarterly annualized), with net provision expense down 17% quarter-over-quarter to COP1 trillion. Gross Loan Portfolio: Almost flat quarter-over-quarter; up 5.7% year-over-year (9.6% net of FX). Deposits: Declined 0.2% quarter-over-quarter; up 7% year-over-year (12% net of FX). Net Fee Income: Increased 9.8% quarter-over-quarter and 17.7% year-over-year. Operating Expenses: Declined 10% quarter-over-quarter; up only 1.9% year-over-year. Cost-to-Income Ratio: Consolidated ratio reached 43% in Q2 2026. Nequi Deposits: Closed at COP7.6 trillion, up 12% quarter-over-quarter. Nequi Loan Portfolio: Reached COP2.2 trillion, growing 14% quarter-over-quarter. Nequi Monetized Users: Increased to 18 million, with an activity ratio of 81.6%. Capital Ratios: Bancolombia's stand-alone common equity Tier 1 ratio at 12.1%; total solvency ratio at 13.9%. Share Buyback: Repurchased more than 7 million shares amounting to COP967 billion over the last 12 months. 2026 Guidance: NIM raised to 7.4%-7.6%; ROE raised to 21%-22%; loan growth unchanged at 7%-8%; cost of risk maintained at 1.6%-1.8%; efficiency ratio expected around 48%. Warning! GuruFocus has detected 3 Warning Sign with BOM:533033. Is CIB fairly valued? Test your thesis with our free DCF calculator. Release Date: August 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Record quarterly ROE of 28.7% driven by strong net income of COP2.7 trillion, supported by a NIM close to 8% and solid asset quality. Successful completion of Avista Colombia acquisition, strengthening payroll lending capabilities and expanding cross-selling potential in a low-risk segment. Strong digital ecosystem growth with Nequi's monetized user base reaching 18 million, deposits up 12% quarter-over-quarter, and loan portfolio growing 14%. Improved efficiency with consolidated cost-to-income ratio at 43%, driven by cost optimization and AI initiatives, while operating expenses rose only 1.9% year-over-year. Raised 2026 guidance for NIM to 7.4%-7.6% and ROE to 21%-22%, reflecting strong performance and positive operating leverage. Elevated inflation at 6.1% and high interest rates (policy rate at 12%) pose significant headwinds, with further tightening expected, pressuring borrowers and economic growth. GDP growth forecast revised downward to 2.6% for 2026, with weak private investment and potential El Nino risks adding uncertainty. Fiscal deficit expected to widen to 6.5% of GDP, with structural rigidities and rising public debt levels undermining fiscal sustainability and investor confidence. Asset quality risks remain from consumer loan deterioration, particularly credit cards and personal loans, as well as potential impacts from the recent earthquake and strong peso on exporters. Nequi's asset quality shows elevated NPLs at 3.7% and cost of risk at 14.6%, reflecting higher risk in underserved segments, though management views it as manageable. Q: Yuri Fernandes (JPMorgan) asked about the outlook for the second half of 2026 versus the first half, given the strong first-half results and the company's guidance, and also inquired about asset quality risks from the earthquake and the stronger currency. A: CEO Juan Carlos Mora stated that the second half is usually seasonally stronger, and while there are factors like El Nino and the earthquake that could impact credit risk, the company expects a strong quarter in line with the first half. CFO Mauricio Botero Wolff added that the first-half ROE of 21.5% is in the middle of the guidance range, and while there are downside risks to asset quality, there are also upside risks, so the 21%-22% ROE guidance remains appropriate. Q: Ernesto Gabilondo (Bank of America) asked about NIM trends in a higher-for-longer rate environment, the sustainability of the 21%-22% ROE, and the maximum acceptable levels for Nequi's NPL and cost of risk ratios. A: CEO Juan Carlos Mora stated that a sustainable ROE above 20% is achievable even with rate normalization. Regarding Nequi, he noted the loan book is profitable at current levels, and they are confident there will be no additional deterioration. CFO Mauricio Botero Wolff explained that the asset-sensitive balance sheet will continue to benefit from rate hikes, and while derivatives are a tool, they are not needed yet. He noted the NIM sensitivity has increased from 20 to 25 basis points per 100 basis point rate change due to the Banistmo divestment. Q: Brian Flores (Citibank) asked about the team's views on the incoming administration and its potential impact on the financial sector, as well as capital allocation priorities. A: CEO Juan Carlos Mora expressed a positive view on the new administration, noting the Finance Minister's focus on fiscal deficit reduction and creating a business-friendly environment, though he acknowledged challenges ahead. CFO Mauricio Botero Wolff outlined capital allocation priorities: extraordinary dividends for specific corporate events, ordinary dividends growing in real terms, buybacks executed according to market conditions, and corporate development initiatives linked to strategy. He noted over COP5 trillion in capital has been deployed in the past 12-15 months. Q: Carlos Gomez-Lopez (HSBC) asked about the chances of the usury rate cap being reviewed by the new government and the group's geographical strategy over the next five years. A: CEO Juan Carlos Mora stated that the interest rate cap is a continuous conversation, and the banking association is promoting alternatives to create more credit opportunities, though it will take time to evolve. Regarding geography, he said the group is looking at opportunities in Latin America, not through traditional acquisitions of established institutions, but by deploying capabilities created with Nequi, Wenia, and Wompi to serve markets in other geographies. Q: Juliana Ohara (Goldman Sachs) asked about the strategic rationale behind the Avista acquisition and what drove the strong equity income and fees, and whether they are sustainable. A: CEO Juan Carlos Mora explained that Avista complements their payroll lending offering, bringing expertise and technology to grow in a segment with lower cost of risk. Regarding the strong performance, he noted an open window for carry trade from international investors, which the bank is taking advantage of with short-term investments, and that bancassurance fees, particularly through the SURA partnership, are sustainable and will continue to perform strongly. Q: Andres Soto (Santander) asked about the transition from consumption-driven growth to investment-driven growth under the new government, the impact of the earthquake on the portfolio, and the double leverage ratio after capital optimization initiatives. A: Chief Economist Laura Clavijo noted that GDP growth is expected to moderate to 2.6%, with investment recovery likely favoring growth in the second half of 2027, while consumption remains strong but is moderating. CFO Mauricio Botero Wolff stated that downside risks to asset quality include the earthquake, El Nino, and exchange rate effects on exporters. He confirmed the double leverage ratio is expected to close the year at 105%, well below the 120% appetite, with Bancolombia's solvency expected at 15.3%. Q: Daniel Vaz (Banco Safra) asked about the 2027 loan growth appetite across commercial, consumer, and mortgage segments. A: CFO Mauricio Botero Wolff stated that 2027 loan growth should be in the upper part of the 2026 guidance range of 7%-8%, with double-digit growth expected for mortgages and consumer loans, but commercial loans around 8%. He noted that significant corporate investments will take time to materialize due to high interest rates and infrastructure structuring terms, with more growth expected in the second half of 2027. Q: Santiago Villanueva (Davivienda Corredores) asked about Bancolombia's competitive position relative to the market, the sustainability of the asset mix shift toward investments, and the breakdown of NIM guidance. A: CEO Juan Carlos Mora stated that the focus is on delivering strong ROE through competitive advantages, not on pressuring prices or gaining market share. CFO Mauricio Botero Wolff explained that the investment portfolio growth was due to a window opportunity from carry trade and low credit demand during the electoral process, and a recomposition toward loans is expected as demand picks up. He provided NIM guidance breakdown: lending NIM around 8% and investment NIM around 3.5% for the full year. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Grupo Cibest S.A. - Sponsored ADR? Here are five stocks we like better. Strong second-quarter performance: Net income rose 87% sequentially to COP 2.7 trillion, supported by wider margins, investment gains, lower provisions and improved efficiency. Annualized ROE reached 29%. Guidance raised: Grupo Cibest increased its 2026 net interest margin outlook to 7.4%-7.6% and ROE target to 21%-22%, while maintaining 7%-8% loan-growth and 1.6%-1.8% cost-of-risk guidance. Expansion and shareholder returns: Nequi’s users, deposits and loan portfolio continued to grow, while the company completed its Avista acquisition. Management plans to propose a COP 1.2 trillion extraordinary dividend linked to the Banistmo sale and has repurchased more than 70 million shares. Grupo Cibest (NYSE:CIB) reported second-quarter net income of COP 2.7 trillion, up 87% from the prior quarter, as wider margins, investment-portfolio gains, lower provisions and operating-efficiency measures supported results. Annualized return on equity reached 29%, while the company cited a historic quarterly ROE of 28.7%. Chief Executive Officer Juan Carlos Mora Uribe said the results reflected the group’s transactional banking model, low-cost funding base, credit-risk capabilities and flexibility to allocate resources between lending and investments. He also pointed to the completed Banistmo divestment, improvements at BAM, growth at digital financial platform Nequi, and capital-management initiatives as contributors to value creation. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat The company maintained its 2026 loan-growth outlook of 7% to 8%, raised its net interest margin guidance to 7.4% to 7.6%, and increased its ROE target to 21% to 22%. It retained cost-of-risk guidance of 1.6% to 1.8% and now expects an efficiency ratio of about 48%. Chief Strategy and Financial Officer Mauricio Botero Wolff said the gross loan portfolio was nearly flat sequentially amid uncertainty surrounding Colombia’s electoral process, but rose 5.7% year over year, or 9.6% excluding foreign-exchange effects. Mortgages increased 1.8% during the quarter and 12% from a year earlier, while consumer lending grew 0.5% sequentially and 7.4% annually, aided by vehicle loans, Nequi and credit cards. → 3 Dividend Champion Utilities for a Market That Can't Sit Still Deposits declined 0.2% during the quarter but increased 7% year over year, or 12% excluding currency effects. Savings accounts were the principal driver of deposit growth. The consolidated cost of deposits rose from 4% to 4.4%, reflecting higher savings-account remuneration, though the company said sight deposits represented 57% of consolidated funding and remained less rate-sensitive than time deposits. Net interest income rose 16.5% from the prior quarter. Lending NIM expanded to 8.3% from 7.8%, supported by higher asset yields in Colombia, while investment NIM increased to 6% from 1.8%. Botero said strong liquidity and modest loan growth allowed the group to take advantage of activity in Colombia’s fixed-income market, including carry-trade activity by international investors and trading opportunities in TES-related instruments. → Is Wingstop's Growth Story Losing Steam? Overall NIM rose 91 basis points sequentially to 7.9%. In response to an analyst question, Botero said the group expects full-year lending NIM of about 8% and investment NIM of about 3.5%. He added that investment-portfolio growth could reverse as loan demand recovers. Net provision expense totaled COP 1 trillion, down 17% from the first quarter, primarily due to recoveries from specific clients. Annualized cost of risk declined to 1.6%. Management said higher provisions in consumer, small- and medium-sized enterprise, and commercial lending were concentrated among specific borrowers rather than signaling broad-based credit deterioration. Thirty-day and 90-day nonperforming loan ratios remained broadly stable, according to the company. Consumer credit cards and personal loans showed some pressure, as did mortgages, while commercial delinquency ratios improved slightly. Management identified potential risks from the recent earthquake in Colombia, a possible El Niño event, and the stronger Colombian peso’s impact on exporters. Operating expenses fell 10% sequentially, largely because the first quarter included a COP 374 billion wealth tax. Expenses increased 1.9% year over year, supported by controlled labor costs, cloud-migration efficiencies and lower contact-center costs. The consolidated cost-to-income ratio reached 43% during the quarter. Grupo Cibest said shareholders’ equity increased 4.8% from the prior quarter, driven mainly by earnings. Bancolombia’s standalone common equity Tier 1 ratio stood at 12.1%, and its total solvency ratio was 13.9% at June 30. The company said it expects double leverage to close the year at 105%, compared with an appetite of 120%, and expects Bancolombia’s standalone solvency ratio to reach 15.3% by year-end. The group has repurchased more than 70 million shares for COP 967 billion over the past 12 months. It also plans to propose a COP 1.2 trillion extraordinary dividend tied to proceeds from the Banistmo sale, subject to shareholder approval. Nequi is expected to begin operating as an independent financial entity within Grupo Cibest on Sept. 1, following authorization from Colombia’s Financial Superintendency. Management said customers’ access to Nequi products, app experience and service channels will not change. Nequi’s monetized user base reached 18 million, with an activity ratio of 81.6%. Deposits totaled COP 7.6 trillion, up 12% sequentially, while its loan portfolio grew 14% to COP 2.2 trillion. Total income at Nequi reached COP 492 billion, up 16% from the prior quarter. Mora said the company does not expect further deterioration in Nequi’s credit performance and considers the current loan book profitable. Grupo Cibest also completed its acquisition of 100% of Avista Colombia during the quarter. Mora said Avista adds technology, expertise and a team focused on payroll lending, a segment the group views as lower risk with cross-selling potential. Management said it sees an opportunity to improve profitability using Bancolombia’s funding advantages and potentially expand the platform into Central America. Chief Economist Laura Clavijo reduced Grupo Cibest’s 2026 Colombian GDP growth forecast to 2.6% from 2.9%, citing high interest rates, persistent inflation and weak private investment. The company expects inflation to remain a challenge and projects the central bank’s policy rate could rise to 12.75% by year-end, or remain at 12% for longer if additional hikes are not approved. For 2027, management expects loan growth near the upper end of its current 7% to 8% range, with mortgages and consumer lending potentially growing at double-digit rates and commercial lending around 8%. Botero said elevated interest rates and the longer implementation timeline for infrastructure and corporate investment projects could limit more rapid commercial-loan growth early next year. Bancolombia SA (NYSE: CIB) is a leading financial institution in Colombia, offering a comprehensive suite of banking and financial services. As one of the largest universal banks in the country, the company provides retail and commercial banking, corporate and investment banking, treasury services, and wealth management solutions. Through its extensive branch network and digital platforms, Bancolombia serves individual clients, small and medium enterprises, and large corporations, focusing on convenience, innovation and customer experience. In addition to traditional banking, Bancolombia's product portfolio includes insurance, pension fund management, leasing, factoring, brokerage and asset management. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Grupo Cibest Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

3M Company MMM reported second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate.3M delivered adjusted earnings of $2.40 per share, which surpassed the Zacks Consensus Estimate of $2.27 by 5.7%. The bottom line increased 11% year over year.The company reported net revenues (on a GAAP basis) of $6.5 billion in the quarter. The metric increased 2.4% year over year. Organic sales increased 2.3%. Foreign currency translation had a positive impact of 0.7% while acquisitions/divestitures had a negative impact of 0.6%.MMM’s adjusted net revenues of $6.5 billion topped the consensus estimate of $6.4 billion and grew 5.5%. On an adjusted basis, organic revenues increased 5.4% year over year. The results were supported by strength in general industrial, safety and electronics end markets.Region-wise, adjusted organic sales in the Latin Americas rose 5.4% year over year, other Asia adjusted organic sales increased 2.9% and China adjusted organic sales increased 9.2%. Adjusted organic sales from businesses in Europe, the Middle East and Africa grew 2.3%. Revenues from Safety and Industrial totaled $3.09 billion, up 8.2% year over year, driven by strength in industrial specialties, adhesives, abrasives and electrical markets. The Zacks Consensus Estimate for the segment’s revenues was pegged at $3.02 billion. While organic revenues increased 8.2% and foreign currency translation had a 1.3% favorable impact, divestitures had an adverse impact of 1.3%.Revenues from Transportation & Electronics totaled $2.07 billion, reflecting a year-over-year increase of 6.2%. The results were driven by strength across semiconductor, aerospace and data center markets. The consensus estimate for the segment’s revenues was pegged at $2.01 billion. The segment’s organic sales increased 5.9%. Foreign currency translation had a 0.5% favorable impact, while divestiture had an adverse impact of 0.2% on revenues.Revenues from the Consumer segment decreased 1.8% year over year to $1.25 billion. The consensus estimate for the segment’s revenues was pegged at $1.29 billion. Organic sales decreased 2.1% while movements in foreign currencies had a positive impact of 0.3%. 3M Company price-consensus-eps-surprise-chart | 3M Company Quote 3M’s cost of sales increased 4.7% year over year to $3.82 billion. Selling, general and administrative expenses decreased 16.3% to $1.06 billion. Research, development and related expenses increased 4.9% year over year to $302 million.In the second quarter, 3M reported an operating income of $984 million, down 13.7% from the year-ago period. The operating margin contracted to 15.1% from 18%, due to higher operating expenses.MMM’s adjusted operating income increased 7.2% year over year to $1.62 billion. The adjusted operating margin was 24.9% compared with 24.5% in the year-ago quarter. Exiting the second quarter of 2026, 3M had cash and cash equivalents of $2.96 billion compared with $5.24 billion at the end of December 2025. Long-term debt was $10.90 billion at the end of the quarter compared with $10.93 billion at the end of December 2025.3M generated net cash of $986 million in operating activities against $954 million cash used in the year-ago quarter. Capital used for purchasing property, plant and equipment increased 7.2% to $223 million.Adjusted free cash flow at the end of the quarter was $1.35 billion, up 5% year over year. Adjusted free cash flow conversion was 107% in the quarter.In the first six months of 2026, 3M rewarded its shareholders with dividend payouts of $0.8 billion and share repurchases totaled $3 billion. For 2026, MMM expects adjusted earnings to be in the range of $8.80-$8.95 per share compared with $8.50-$8.70 projected earlier. The midpoint of the guided range is about $8.875, which reflects an increase from earnings of $8.06 per share reported in 2025.Adjusted total revenue growth is projected to be above 4.5%. The company expects the adjusted free cash flow conversion rate to be more than 100%, with adjusted operating cash flow of $5.8-$6.0 billion. The company currently carries a Zacks Rank #2 (Buy).  Some other top-ranked stocks from the same space are discussed below:Duluth Holdings DLTH presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Duluth’s earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 107.5%.  In the past 60 days, the Zacks Consensus Estimate for DLTH’s fiscal 2027 bottom line has increased 45.8%.Grupo Cibest S.A. CIB presently sports a Zacks Rank of 1. Grupo Cibest’s earnings surpassed the consensus estimate twice and missed on the other two occasions in the trailing four quarters. The average earnings surprise was 0.3%. In the past 60 days, the Zacks Consensus Estimate for CIB’s 2026 earnings has increased 2.9%.Vince Holding VNCE currently carries a Zacks Rank of 2. Vince Holding’s earnings topped the consensus estimate thrice and missed once in the trailing four quarters. The average earnings surprise was 635.7%. In the past 60 days, the Zacks Consensus Estimate for VNCE’s fiscal 2027 earnings has increased 59.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report 3M Company (MMM) : Free Stock Analysis Report Vince Holding Corp. (VNCE) : Free Stock Analysis Report Grupo Cibest S.A. - Sponsored ADR (CIB) : Free Stock Analysis Report Duluth Holdings Inc. (DLTH) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Quarterly hit from one‑off wealth tax: Q1 net income was COP 1.5 trillion, down 16% YoY mainly due to a COP 374 billion wealth tax accrual, though operating results showed resilience with NIM up 20 bps to 7.0%, net fee income rising sharply (30% YoY, 15.3% excl. a reclassification) and consolidated ROE of 15%. Major strategic and capital moves underway: Management expects the sale of Banistmo to close in Q2 and the Nequi spin‑off by Q3, while shareholders approved a COP 4.3 trillion ordinary dividend and a new share buyback program of up to COP 1.35 trillion, with additional planned capital deployments and possible extraordinary dividend after the Banistmo sale. Macro and credit backdrop tightened but guidance maintained: Colombia growth was revised to 2.9% with inflation seen near 6.4% and policy rates ending higher, S&P downgraded the sovereign to BB‑; quarterly annualized cost of risk was 1.9% but management kept full‑year guidance at 1.6%–1.8% (expecting closer to 1.8%). Interested in Grupo Cibest S.A. - Sponsored ADR? Here are five stocks we like better. Grupo Cibest (NYSE:CIB) reported first-quarter 2026 net income of COP 1.5 trillion, down 16% year over year, as management pointed primarily to the impact of a one-off wealth tax accrual. Chief Executive Officer Juan Carlos Mora said results “net of the one-off wealth tax demonstrates the strength and adaptability of our business model across economic and credit cycles,” adding that higher net interest margin and net fee income helped offset part of the tax-related decline. The group posted a consolidated return on equity (ROE) of 15% for the quarter. Management also highlighted ongoing strategic initiatives, including progress toward spinning off Nequi into a separate entity and the planned sale of Banistmo, which is expected to close in the second quarter. → 3 Emerging Markets ETFs to Maximize Exposure to High-Potential Countries Mora described a challenging environment in Colombia marked by fiscal deterioration, renewed inflation pressures, uncertainty around “economic emergency measures,” and volatility tied to Middle East conflict escalation. Still, he said the Colombian economy continued to expand at a moderate pace, supported by private consumption, labor market strength, and public spending, with GDP estimated to have grown 2.7% quarter-on-quarter. Chief Economist Laura Clavijo revised the company’s 2026 Colombia GDP growth outlook to 2.9%, down from 3.2%, citing “early signs of a soft start to the year.” She also said inflation had rebounded following a significant minimum wage increase, with March headline inflation at 5.5% and core inflation at 5.8%. Clavijo said the firm expects inflation to reach 6.4% this year, and noted the central bank has increased its policy rate by 200 basis points so far, before unanimously holding rates at 11.25% at the end of April. Clavijo said the company’s end-of-year policy rate forecast is 12.75%. → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches On fiscal risk, Clavijo projected the deficit will exceed 7% of GDP and said S&P’s downgrade of Colombia’s sovereign rating to BB- “underscores these challenges.” Chief Strategy and Financial Officer Mauricio Botero said the gross loan portfolio increased 2.1% quarter over quarter (2.7% net of FX) and expanded 9.6% year over year net of FX. Commercial loans rose 2.4%, driven mainly by corporate clients, while mortgages grew 2.5% and consumer loans increased 1% as the group maintained what Botero called a “more prudent risk posture” in Colombia. → Tyson Foods' Total Returns: Tasty Treats for Income Investors? Botero also highlighted strong offshore momentum, stating that Bancolombia Panama’s loan book expanded 9.7% over the quarter, though the share of U.S. dollar loans dipped to 20% due to faster peso growth and currency appreciation. Deposits increased 2.8% in the quarter (3.4% net of FX) and 10.4% year over year (14.3% net of FX), continuing to outpace loan growth. Time deposits led quarterly growth, rising 6.5% as customers sought higher yields, while savings accounts rose 2% in the quarter but were up 16% year over year. In Colombia, online time deposits grew 7.7% and reached 51% of total time deposits, which Botero said benefits funding through “lower operating costs and better customer experience.” The group’s funding mix remained anchored by sight deposits, which accounted for 58% of total funding. The cost of deposits increased by 6 basis points during the quarter, which management said reflected higher savings account remuneration, but remained competitive. Botero said net interest income increased 7% during the quarter, with net interest margin (NIM) expanding 20 basis points from 6.8% to 7.0%. Lending NIM increased to 7.8% from 7.6%, which he attributed to higher balances and yields in Colombia given the group’s asset-sensitive profile. Investment NIM increased to 1.8% from 1.5% amid higher yields in the debt portfolio and money market and derivative strategies in volatile markets. Fee income increased 11.8%, while fee expenses declined 9.3% due primarily to a January 2026 reclassification of some customer service and collections-related expenses into other administrative and general expenses. Botero said net fee income grew 30% year over year; excluding the reclassification, net fee income would have increased 15.3%. Operating expenses rose 24% year over year, driven mainly by the COP 374 billion wealth tax accrual. Botero said that excluding the wealth tax, expense growth would have been 12.9%, and after also adjusting for the collections and customer service reclassification, expense growth would have been 8.7%. The consolidated cost-to-income ratio rose to 54.5%, but would have been 49.5% excluding the wealth tax, which management said was in line with guidance. Net provision expense totaled COP 1.2 trillion, down 16% sequentially, as strong loan performance offset a COP 248 billion charge tied to a weaker macro outlook for Colombia, including higher inflation, higher interest rates, and lower growth. Quarterly annualized cost of risk was 1.9%, above the company’s full-year guidance range. Management said it maintained its full-year cost of risk guidance because it does not expect additional macro-input update charges in coming quarters. During Q&A, Mora said the company is “not expecting a big additional deterioration,” and said the full-year cost of risk is expected to be “closer to 1.8%,” the upper end of the 1.6%–1.8% range. Botero added that consumer provisions increased at Bancolombia due to loan growth and seasonality and at Banco Agrícola due to lower collections, but said neither was indicative of “a material deterioration in credit quality.” Mora said the shareholder meeting approved an ordinary dividend distribution of COP 4.3 trillion and a new 2026 share buyback program authorizing repurchases of up to COP 1.35 trillion over up to three years, across all share classes. As of April 21, management said 51% of the prior 2025 program had been executed, totaling 12.7 million shares, or 1.3% of shares outstanding. On capital metrics, Botero said Grupo Cibest shareholders’ equity fell 8.5% quarter over quarter, mainly due to the dividend payout. Bancolombia’s standalone total solvency ratio was 13.1% with a Common Equity Tier 1 ratio of 11.1% as of March, with the quarterly decline attributed to a reduction in Tier 1 after a COP 2.5 trillion payment to Grupo Cibest. Banco Agrícola and BAM reported capital ratios of 13.6% and 12.5%, respectively, which management said were well above minimum requirements. Regarding Banistmo, Mora said the sale is progressing for a second-quarter close, and proceeds are planned for intragroup capital instruments and digital platform investments. In Q&A, Botero outlined planned capital deployment for 2026, including the COP 1.35 trillion buyback, COP 500 billion investment in Nequi, a COP 1 trillion additional tier 1 (AT1) instrument to be issued by Bancolombia and subscribed by Grupo Cibest, and nearly COP 1 trillion in subordinated debt instruments from Bancolombia Panama into BAM and Banco Agrícola. He said the company will consider the possibility of an extraordinary dividend after the sale is executed. Management also discussed a tax-related accounting item: Botero said the company had taken a COP 150 billion provision in the fourth quarter tied to deferred taxes recognizing an extra tax rate, and that after a court rejection of the extra rate in April, the provision will be reversed in the second quarter. For guidance, Mora said the group maintained 7%–8% loan growth expectations, raised NIM guidance to 7.0%–7.2%, and kept the cost of risk range at 1.6%–1.8% and efficiency target at 49%. He said ROE guidance for 2026 increased to 19.5%–20%. In response to questions on elections and longer-term profitability, Mora said Colombia’s first-round presidential election is May 31, with a runoff in mid-June if no candidate exceeds 50%. He said polls show a left-leaning candidate leading with 34%–42%, while Abelardo de la Espriella and Paloma Valencia were identified as close contenders on the right. On sustainable ROE, Mora said management expects “between 18% and 20%,” while Botero said it could remain toward the upper end in 2027 given the interest rate backdrop, potentially easing toward the lower end by 2028 as margins normalize. On digital, management said Nequi’s spin-off is progressing, with Mora noting it remains within Bancolombia’s financials until the legal separation expected to be concluded by the third quarter. Botero provided administrative results, stating Nequi generated about $7 million in net income in the first quarter and could be around $30 million for the full year. He said the company expects to disclose more complete standalone numbers once the separation occurs. Bancolombia SA (NYSE: CIB) is a leading financial institution in Colombia, offering a comprehensive suite of banking and financial services. As one of the largest universal banks in the country, the company provides retail and commercial banking, corporate and investment banking, treasury services, and wealth management solutions. Through its extensive branch network and digital platforms, Bancolombia serves individual clients, small and medium enterprises, and large corporations, focusing on convenience, innovation and customer experience. In addition to traditional banking, Bancolombia's product portfolio includes insurance, pension fund management, leasing, factoring, brokerage and asset management. The article "Grupo Cibest Q1 Earnings Call Highlights" was originally published by MarketBeat.

Banistmo sale: The all-cash $1.4 billion agreement triggered a one-time, non-cash goodwill impairment of COP 3.4 trillion and reclassification of Banistmo as held-for-sale, cutting reported 2025 net income to COP 3.8 trillion and ROE to 9.1% (versus COP 7.3 trillion and 17.2% excluding the accounting effect). Macro and 2026 guidance: Management said Colombia was resilient in 2025 but expects a tougher 2026 due to higher public debt, a 23.7% minimum-wage hike and rising inflation, and updated guidance calls for loan growth of 7–8%, NIM of 6.8–7%, cost of risk 1.6–1.8% and ROE of 18–18.5%. Capital allocation and digital progress: The new holding structure enabled a proposed dividend of COP 4.3 trillion and ongoing buybacks (≈32% executed), while digital units Nequi and Wompi reached breakeven, Nequi separation is planned for Q3–Q4, and the group plans ~COP 600 billion of investment in Nequi. Interested in Grupo Cibest S.A. - Sponsored ADR? Here are five stocks we like better. Grupo Cibest (NYSE:CIB) executives highlighted the accounting impact of an agreement to sell Banistmo, progress from the group’s new holding-company structure, and updated expectations for Colombia’s macro environment during the company’s fourth-quarter 2025 earnings call. Chief Executive Officer Juan Carlos Mora said Colombia posted steady economic growth in 2025 despite fiscal challenges and volatile markets tied to trade, tariffs, and geopolitical issues. However, he warned that rising public debt and uncertainty around minimum wage changes, potential new taxes, and possible mandatory investments for financial institutions have worsened the outlook for 2026, contributing to inflationary pressures, higher interest rates, and expectations for weaker performance. → Hinge Health’s AI Moat Might Be Its Patient Movement Data Chief Economist Laura Clavijo said Colombia’s economy grew 2.6% in 2025, with fourth-quarter GDP growth of 2.3% coming in below expectations. She described private consumption as the main growth driver, supported by household spending, remittances, and a “surprisingly strong labor market,” while investment and the external balance remained weaker. Clavijo also noted higher public expenditure, alongside a widening fiscal deficit close to 6.3% of GDP and a primary deficit of 3.4%. Inflation ended 2025 at 5.1%, missing the central bank’s 3% target for a fifth consecutive year, according to Clavijo. She said inflation expectations rose late in the year and increased further after the announcement of a 23.7% minimum wage increase for 2026. In January, Banco de la República raised its policy rate by 100 basis points, and Clavijo said her updated view calls for year-end inflation of 6.4% and at least 200 basis points of additional policy-rate increases, which could weigh on growth. → Gold and Silver Pulled Back—Here’s Why the Bull Case Is Intact Clavijo added that Central America posted “moderate but solid” performance, citing World Bank estimates of approximately 3.8% GDP growth in Guatemala and 4.1% in Panama in 2025, while El Salvador grew around 2.8%. Chief Strategy and Financial Officer Mauricio Botero Wolff said the agreement to sell 100% of Banistmo to Inversiones Cuscatlán Centroamérica S.A. is an all-cash transaction valued at $1.4 billion, which he said implies 17.1x earnings and 1.2x book value. The deal triggered a one-time, non-cash goodwill impairment charge of COP 3.4 trillion and required Banistmo to be treated as “assets held for sale,” leading to balance sheet reclassifications and the deduction of Banistmo’s contribution from the profit-and-loss statement, with impacts reflected in discontinued operations. → Opendoor Pops After Earnings, But the Big Question Hasn’t Changed Botero emphasized that the accounting impact did not affect capital ratios or dividend flows to and from the group. For 2025, the group reported net income of COP 3.8 trillion and return on equity (ROE) of 9.1%, reflecting the impairment. Excluding the one-off accounting effect, management said net income would have been COP 7.3 trillion and ROE 17.2%, which Mora said exceeded guidance and was driven by strong operations, resilient margins, and improved asset quality. Botero said the loan portfolio declined 8.3% year over year due mainly to the accounting effects; absent those impacts, management said loan growth would have been 2.1%. He added that a 15% appreciation of the Colombian peso reduced the value of foreign-currency portfolios when translated into pesos, and that excluding both the accounting and FX effects, the loan book would have grown 7.2%. By segment, mortgages led growth, while consumer lending regained momentum after two years of contraction due to renewed risk appetite and Nequi’s expansion in low-value loans. Commercial lending grew more moderately, with a slight pickup in the second half of the year in Colombia despite political uncertainty. By geography, management said Bancolombia and El Salvador led loan growth, and that Banco Agrícola delivered the strongest expansion, with commercial lending accelerating sharply—particularly in construction—supported by renewed demand for housing projects. Meanwhile, BAM in Guatemala and Banistmo in Panama applied tighter credit standards, resulting in more restrained lending dynamics. Deposits contracted 5.2% year over year, Botero said, but would have expanded 4.5% absent accounting impacts and 10.2% if FX effects are also excluded. He highlighted savings account growth of 16.1% net of accounting and FX effects. Management also pointed to a funding mix shift toward sight deposits, aided in part by Banistmo’s reclassification and strong savings growth across Colombia, El Salvador, and Guatemala. Savings represented 47% of total deposits at year-end, up from 40% a year earlier, and Botero said the overall cost of liabilities fell to 3.8%, down 114 basis points year over year. Net interest income decreased 5.3% on a reported basis, but grew 1% excluding accounting impacts, supported by a larger contraction in interest expense than interest income, which Botero said was aided by hedging strategies that allowed faster repricing of funding as rates came down. Excluding accounting impacts, net interest margin (NIM) declined to 6.5% from 6.8% due to lower prevailing rates, while Banco Agrícola posted consistent NIM expansion due to growth in high-yielding loans and low-cost deposits. Net fee income increased 4.3% year over year, or 10.4% excluding accounting impacts, driven by higher transactional activity in cards and a new Bancassurance alliance in Colombia, along with strength in brokerage, payments and collections, and trust services. Fee income represented 18.4% of total net operating income in 2025. Operating expenses rose 1.6% year over year, or 8.3% excluding accounting impacts, with higher licensing and technology costs tied to transformation efforts and higher taxes following the incorporation of Grupo Cibest. Personal expenses increased 2.3% year over year, or 10% excluding accounting impacts, due to wage adjustments and higher bonus provisions. The cost-to-income ratio was 49.8%, in line with updated guidance. Management also highlighted progress in digital businesses. Mora said both Nequi and Wompi reached breakeven in the fourth quarter, and Botero said Wompi reached breakeven in 2025 as revenue growth outpaced operating expenses. He added that Wenia continued to advance with growth in onboarded clients, assets under custody, and transactions. For Nequi, management reported: Loan portfolio up 174% to COP 1.6 trillion, with 700,000 clients holding active loans. Average loan ticket of COP 2.3 million and average term of 32 months. 90-day past due loans at 3.5% and cost of risk at 13.1% for 2025. Deposits up 58% to COP 7 trillion in Q4 2025. 27.4 million users with an activity ratio close to 80%, and monetized users up 43% to 16.5 million. Fee income up 53% year over year to COP 175 billion in Q4 2025. Mora also said the group is in the process of separating Nequi and expects the process to conclude in the third quarter of the year, or by the fourth quarter at the latest, at which point Nequi would be presented as a separate entity within Grupo Cibest. Mora said the new holding structure improved capital allocation, enabling higher dividends, buybacks, and more flexibility, referencing Banistmo’s divestment as an example. The company proposed a dividend of COP 4.3 trillion, equal to COP 4,512 per share, to be paid in four installments starting April 1. Management said annual dividend growth was 14.6% despite the one-off effects from the Banistmo divestment. On the share buyback program, Mora said that as of Dec. 31, about 32% of the total authorized amount had been executed, representing about 8.6 million shares, or nearly 1% of total shares outstanding. Of the repurchased shares, 53% were preferred, 40% were ADRs, and 7% were common shares. Mora said the program remains active and aligned with market conditions and liquidity by share class. In the Q&A, Botero said the company plans to present a three-year buyback program, executing based on market conditions. Botero reported Bancolombia standalone CET1 of 12.2% and total solvency of 14.4%, with Banco Agrícola and BAM above 13.5%. He also cited low double leverage of 101% at Grupo Cibest and said discussions with rating agencies imply a 120% limit. In response to an analyst question, Botero said the group plans to invest around COP 600 billion in Nequi and COP 50 billion each in Wenia and Wompi. He also said the group plans to issue at least COP 2 trillion of AT1 instruments from Bancolombia to the holding and around $250 million from Central American operations to the holding. For 2026, management updated guidance to reflect the macro shift toward higher inflation and interest rates, Banistmo deconsolidation, and tax uncertainty. Mora said the group expects loan growth of 7% to 8%, NIM of 6.8% to 7%, cost of risk of 1.6% to 1.8%, operational efficiency around 49%, and ROE of 18% to 18.5%. Tax policy uncertainty was a recurring theme in the Q&A. Mora said it is difficult to forecast taxes, citing a decree tied to additional income tax for financial institutions that was suspended by the Constitutional Court pending a final decision, and separate, informal indications of a potential equity tax that had not yet been formalized. Botero said the guidance includes extra tax provisions based on information available at the time, while a new equity-related decree had not been incorporated. He added it was “very unlikely that both decrees are accepted.” On asset quality, Mora said cost of risk will need close management in 2026 due to macro challenges, but he said the guidance range incorporates those risks. Botero added the company has already tightened certain consumer origination risk brackets and said the group built additional provisions at the end of 2025 considering the minimum wage increase. In closing remarks, Mora described 2025 as a “pivotal year,” citing corporate transformation, the share repurchase program, and the Banistmo divestment agreement as key milestones. He said the high-rate environment could support marginal improvement that may help offset weaker loan demand and emerging credit risks, and expressed confidence the electoral process will proceed smoothly. Bancolombia SA (NYSE: CIB) is a leading financial institution in Colombia, offering a comprehensive suite of banking and financial services. As one of the largest universal banks in the country, the company provides retail and commercial banking, corporate and investment banking, treasury services, and wealth management solutions. Through its extensive branch network and digital platforms, Bancolombia serves individual clients, small and medium enterprises, and large corporations, focusing on convenience, innovation and customer experience. In addition to traditional banking, Bancolombia's product portfolio includes insurance, pension fund management, leasing, factoring, brokerage and asset management. The article "Grupo Cibest Q4 Earnings Call Highlights" was originally published by MarketBeat.

3M Company MMM reported fourth-quarter 2025 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the same. It’s worth noting that in April 2024, the company completed the spin-off of its Healthcare business into a separate public company. 3M delivered adjusted earnings of $1.83 per share, which surpassed the Zacks Consensus Estimate of $1.82. The company reported earnings of $1.68 per share in the year-ago quarter. The company reported net revenues of $6.13 billion in the quarter. The metric increased 2.1% year over year. Organic sales increased 0.6%. Foreign currency translation had a positive impact of 1.6% while acquisitions/divestitures had a negative impact of 0.1%. MMM’s adjusted revenues of $6.02 billion missed the consensus estimate of $6.08 billion. On an adjusted basis, organic revenues increased 2.2% year over year. Region-wise, organic sales in the Americas rose 0.1% year over year, other Asia organic sales increased 5%, while China organic sales decreased 1.9%. Organic sales from businesses in Europe, the Middle East and Africa decreased 0.6%. In 2025, MMM reported net revenues of $24.9 billion, which increased 1.5% year over year. The company’s adjusted earnings were $8.06 per share, up 10% year over year. Revenues from Safety and Industrial totaled $2.87 billion, up 6% year over year, driven by strength in safety, industrial adhesives and tapes, abrasives and electrical markets. The Zacks Consensus Estimate for the segment’s revenues was pegged at $2.84 billion. Organic revenues increased 3.8% and foreign currency translation had a positive impact of 2.2%. Revenues from Transportation & Electronics totaled $1.85 billion, reflecting a year-over-year increase of 3.3%. The upside is attributable to a 2.4% increase in organic sales. Foreign currency translation had a 1.2% favorable impact, while divestiture had an adverse impact of 0.3% on revenues. Revenues from the Consumer segment decreased 1.2% year over year to $1.21 billion. The consensus estimate for the segment’s revenues was also pegged at $1.24 billion. Organic sales decreased 2.2%. Movements in foreign currencies had a positive impact of 1%. 3M Company price-consensus-eps-surprise-chart | 3M Company Quote 3M’s cost of sales increased 8.8% year over year to $4.08 billion. Selling, general and administrative expenses increased 7.3% to $965 million. Research, development and related expenses increased 6% year over year to $299 million. In the fourth quarter, 3M reported an operating income of $796 million, down 26.6% from the year-ago period. MMM’s adjusted operating income increased 10.9% year over year to $1.27 billion. The adjusted operating margin was 21.1% compared with 19.7% in the year-ago quarter. The adjusted tax rate was 17.7% compared with 17.9% in the year-ago quarter. Exiting 2025, 3M had cash and cash equivalents of $5.24 billion compared with $5.6 billion at the end of December 2024. Long-term debt was $10.9 billion at the end of the quarter compared with $11.1 billion at the end of December 2024. 3M generated net cash of $2.31 billion in operating activities compared with $1.82 billion cash generated in the previous year. Capital used for purchasing property, plant and equipment decreased 22.9% to $910 million. Adjusted free cash flow at the end of the year was $4.37 billion, down 10.3% year over year. Adjusted free cash flow conversion was 100% in the year. In 2025, 3M rewarded its shareholders with $1.6 billion in dividend payments. For 2026, MMM expects adjusted earnings to be in the range of $8.50-$8.70 per share. The midpoint of the guided range is about $8.60, which reflects an increase from earnings of $8.06 per share reported in 2025. Adjusted total revenues are expected to grow approximately 4%, while adjusted organic revenue growth is projected to be about 3%. It expects adjusted operating cash flow of $5.6-$5.8 billion, with more than 100% adjusted free cash flow conversion rate. The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Better-ranked companies are discussed below. Grupo Cibest S.A. CIB currently carries a Zacks Rank #2 (Buy). Grupo Cibest delivered a trailing four-quarter average earnings surprise of 10.4%. In the past 60 days, the Zacks Consensus Estimate for CIB’s 2025 earnings has increased 12.8%. Nordson Corporation NDSN presently carries a Zacks Rank of 2. NDSN delivered a trailing four-quarter average earnings surprise of 2.2%. In the past 60 days, the consensus estimate for Nordson’s fiscal 2026 (ending October 2026) earnings has increased 2.3%. Watts Water Technologies, Inc. WTS presently carries a Zacks Rank of 2. WTS delivered a trailing four-quarter average earnings surprise of 10.9%. In the past 60 days, the consensus estimate for Watts Water’s 2025 earnings has increased 0.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report 3M Company (MMM) : Free Stock Analysis Report Nordson Corporation (NDSN) : Free Stock Analysis Report Watts Water Technologies, Inc. (WTS) : Free Stock Analysis Report Grupo Cibest S.A. - Sponsored ADR (CIB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

3M Company MMM is scheduled to release fourth-quarter 2025 results on Jan. 20, before market open. The Zacks Consensus Estimate for MMM’s fourth-quarter revenues is pegged at $6.08 billion, indicating growth of 4.6% from the prior-year quarter’s figure. The consensus mark for earnings is pinned at $1.82 per share, which has edged down 0.5% in the past 60 days. The figure indicates growth of 8.3% from the year-ago quarter's figure. The company delivered better-than-expected results in each of the trailing four quarters, the earnings surprise being 4.8% on average. In the last reported quarter, its earnings of $2.19 per share beat the consensus estimate of $2.10 by 4.3%. Let’s see how things have shaped up for 3M this earnings season. 3M’s Safety and Industrial segment’s results are anticipated to perform well, driven by strength across personal safety, industrial specialties, industrial adhesives and tapes, abrasives and electrical markets. Stable demand for electrical infrastructure products like medium voltage cable accessories and insulation tapes, along with electronics bonding solutions, is likely to have been a tailwind as well. The Zacks Consensus Estimate for the segment’s fourth-quarter revenues is pegged at $2.86 billion, indicating approximately a 5.7% increase from the year-ago number. Growth in demand for MMM’s home care and home improvement products is likely to have been favorable for its Consumer segment. However, persistent weakness in the packaging expression business is likely to have partially offset the strength. Our estimate for revenues from the Consumer segment is pegged at $1.24 billion, indicating an increase of 0.7% year over year. Solid momentum in the electronics, aerospace and defense, commercial branding and automotive markets is likely to have supported 3M‘s Transportation and Electronics segment’s performance. However, lower sales in the advanced materials business are likely to have weighed on its performance. Over time, MMM’s performance has been negatively impacted by high costs and expenses. The company’s solid investments in research and development (R&D) are expected to have pushed up its operating expenses. Nevertheless, 3M has undertaken structural reorganization actions that include streamlining geographic footprint, simplifying the supply chain and optimizing manufacturing operations. These actions are expected to have supported margins in the to-be-reported quarter. For 2025, the company expects adjusted operating margins to increase 180-200 basis points year over year. 3M Company price-eps-surprise | 3M Company Quote Our proven model does not conclusively predict an earnings beat for 3M this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below. Earnings ESP: MMM has an Earnings ESP of -2.91% as the Zacks Consensus Estimate is pegged at $1.82 per share, higher than the Most Accurate Estimate of $1.77. You can uncover the best stocks before they’re reported with our Earnings ESP Filter. Zacks Rank: 3M presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. Here are three companies, which according to our model, have the right combination of elements to post an earnings beat this season. Grupo Cibest S.A. CIB has an Earnings ESP of +8.50% and a Zacks Rank of 1 at present. The company is slated to release fourth-quarter 2025 results on Feb. 19. Grupo Cibest’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 10.4%. Alcoa Corporation AA has an Earnings ESP of +0.53% and a Zacks Rank of 1 at present. The company is slated to release fourth-quarter 2025 results on Jan. 22. Alcoa’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 39.3%. Allegion plc ALLE has an Earnings ESP of +0.62% and a Zacks Rank of 3 at present. The company is scheduled to release fourth-quarter 2025 results on Feb. 17. Allegion’s earnings surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 5.9%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alcoa (AA) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report Allegion PLC (ALLE) : Free Stock Analysis Report Grupo Cibest S.A. - Sponsored ADR (CIB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Colombia-based Grupo Cibest S.A. CIB is slated to report third-quarter 2025 results on Nov. 5. The company’s quarterly earnings are expected to have increased on a year-over-year basis. In the last reported quarter, CIB’s results were aided by increased net interest income, and total fees and commission income, along with lower credit impairment charges. Grupo Cibest has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 6.5%. Grupo Cibest S.A. - Sponsored ADR price-eps-surprise | Grupo Cibest S.A. - Sponsored ADR Quote The Zacks Consensus Estimate for CIB’s third-quarter earnings is pegged at $1.84 per share, which has been unchanged in the past seven days. The estimated figure suggests a rise of 23.5% from the year-ago quarter’s reported number. In the to-be-reported quarter, the lending scenario remained decent in Colombia. While higher interest rates are expected to have aided the net interest income, the net interest margin is likely to have faced some pressure because of elevated funding costs. Per our quantitative model, the chances of Grupo Cibest beating the Zacks Consensus Estimate for earnings this time are high. This is because it has the right combination of the two key ingredients — positive Earnings ESP and a Zacks Rank #3 (Hold) or better. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Earnings ESP: The Earnings ESP for CIB is +4.89%. Zacks Rank: The company currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. ICICI Bank Ltd.’s IBN profit after tax for second-quarter fiscal 2026 (ended Sept. 30, 2025) was INR123.6 billion ($1.42 billion), up 5.2% from the prior-year quarter. IBN’s results benefited from growth in net interest income and non-interest income, along with lower provisions. The loan balance increased sequentially, which was another tailwind. However, an increase in expenses was the undermining factor for ICICI Bank. Barclays BCS reported third-quarter 2025 net income attributable to ordinary equity holders of £1.46 billion ($1.97 billion), down 6.8% from the prior-year quarter. BCS’s results were hurt by an increase in expenses and higher credit impairment charges. However, an increase in revenues and a solid balance sheet supported the results for Barclays. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Barclays PLC (BCS) : Free Stock Analysis Report ICICI Bank Limited (IBN) : Free Stock Analysis Report Grupo Cibest S.A. - Sponsored ADR (CIB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Emerson Electric Co. EMR is likely to witness earnings and revenue growth when it reports fourth-quarter fiscal 2025 (ended Sept. 30, 2025) results on Nov. 5, before market open. The Zacks Consensus Estimate for revenues is pegged at $4.88 billion, indicating growth of 5.7% from the prior-year quarter’s figure. The consensus mark for earnings is pinned at $1.62 per share, inching up 0.6% in the past 30 days. The figure indicates a jump of 9.5% from the prior-year figure. The company’s bottom line surpassed the Zacks Consensus Estimate by 0.7% in the last reported quarter. EMR beat on earnings in each of the trailing four quarters, delivering an average surprise of 3.4%. Let’s see how things have shaped up for Emerson prior to the announcement. Strength across Emerson’s final control business, driven by solid momentum in the power end markets, is likely to have benefited the top-line performance of its Intelligent Devices segment in the fiscal fourth quarter. Recovery in the Discrete Automation business with strength across the North America and Asia, Middle East & Africa regions is likely to have aided the Measurement & Analytical business. We expect the Intelligent Devices segment’s revenues to increase 4.5% from the year-ago quarter's level to $3.4 billion. Solid momentum in the Control Systems & Software business, driven by strength in the AspenTech business and power and process end markets, is likely to have augmented the performance of the Software and Control segment. Growth in the Test & Measurement unit, driven by recovery in discrete end markets across the Americas and Europe regions, is also expected to boost the segment’s results. We anticipate the segment’s revenues to increase 11.4% year over year to $1.5 billion. Given the strength across its end markets, Emerson expects underlying sales (on a non-GAAP basis) to increase approximately 5-6% year over year in the fiscal fourth quarter. The company has always been focused on expanding its product offerings and market presence through buyouts. In March 2025, Emerson acquired the remaining shares of AspenTech, making it a wholly owned subsidiary. This move strengthened the company’s automation portfolio and enhanced its software-defined control capabilities. Also, in October 2023, Emerson completed the buyout of National Instruments for $8.2 billion. The buyout strengthened EMR’s global automation foothold, helping it expand into high-growth end markets, including semiconductor and electronics, transportation and electric vehicles and aerospace and defense. The buyouts are expected to have boosted EMR’s top line in the quarter. However, escalating costs and expenses due to higher input costs and restructuring-related actions are likely to have affected EMR’s margin performance. Also, given the company’s substantial international operations, foreign currency headwinds are likely to have marred its margins and profitability. Emerson Electric Co. price-eps-surprise | Emerson Electric Co. Quote Our proven model does not conclusively predict an earnings beat for Emerson this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below. Earnings ESP: EMR has an Earnings ESP of -0.80% as the Most Accurate Estimate is pegged at $1.60 per share, which is lower than the Zacks Consensus Estimate of $1.62. You can uncover the best stocks before they’re reported with our Earnings ESP Filter. Zacks Rank: EMR currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here. Here are three companies, which according to our model, have the right combination of elements to post an earnings beat this season. Grupo Cibest S.A. CIB has an Earnings ESP of +4.89% and a Zacks Rank of 1 at present. Grupo Cibest is scheduled to release third-quarter 2025 results on Nov. 14. Grupo Cibest’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.5%. Sealed Air Corporation SEE has an Earnings ESP of +1.28% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2025 results on Nov. 4. Sealed Air’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19%. Tennant Company TNC has an Earnings ESP of +2.36% and a Zacks Rank of 3 at present. Tennant is slated to release third-quarter 2025 results on Nov. 3. Tennant’s earnings surpassed the Zacks Consensus Estimate twice in the trailing four quarters, the average surprise being a negative 2.9%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Emerson Electric Co. (EMR) : Free Stock Analysis Report Sealed Air Corporation (SEE) : Free Stock Analysis Report Tennant Company (TNC) : Free Stock Analysis Report Grupo Cibest S.A. - Sponsored ADR (CIB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research