Bancolombia
CIB
#1894
Rank
$7.96 B
Marketcap
🇨🇴 Colombia
Country
$32.62
Share price
-0.28%
Change (1 day)
16.71%
Change (1 year)
Categories
Operating Margin for Bancolombia (CIB)
Operating Margin as of April 2024 (TTM): 31.45%
According to Bancolombia 's latest financial reports and stock price the company's current Operating Margin is 31.45%. At the end of 2022 the company had an Operating Margin of 40.26%.
Operating Margin history for Bancolombia from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 40.26% | 16.8% |
| 2021 | 34.47% | 1655% |
| 2020 | 1.96% | -93.06% |
| 2019 | 28.30% | 13.47% |
| 2018 | 24.94% | -8.67% |
| 2017 | 27.31% | -6.81% |
| 2016 | 29.30% | -3.81% |
| 2015 | 30.46% | 15.29% |
| 2014 | 26.42% | 4.22% |
| 2013 | 25.35% | -15.14% |
| 2012 | 29.88% | -11.11% |
| 2011 | 33.61% | -4.89% |
| 2010 | 35.34% | 19.07% |
| 2009 | 29.68% | -7.09% |
| 2008 | 31.94% | -5.51% |
| 2007 | 33.81% | 16.01% |
| 2006 | 29.14% | -23.28% |
| 2005 | 37.99% | -9.01% |
| 2004 | 41.75% | 31.33% |
| 2003 | 31.79% | 54.97% |
| 2002 | 20.51% | 15.91% |
| 2001 | 17.70% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Banco Bilbao Vizcaya Argentaria BBVA | 38.65% | 22.89% | 🇪🇸 Spain |
 Banco de Chile
BCH | 55.74% | 77.23% | 🇨🇱 Chile |
 Banco Latinoamericano de Comercio Exterior BLX | 60.26% | 91.61% | 🇵🇦 Panama |
 Banco Santander-Chile BSAC | 35.84% | 13.96% | 🇨🇱 Chile |
 Banco Santander México BSMX | 39.51% | 25.63% | 🇲🇽 Mexico |
 Santander SAN | 27.96% | -11.10% | 🇪🇸 Spain |
 Scotiabank BNS | 36.29% | 15.39% | 🇨🇦 Canada |
 Itaú Unibanco
ITUB | 26.31% | -16.34% | 🇧🇷 Brazil |
 Credicorp BAP | 38.66% | 22.93% | 🇧🇲 Bermuda |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.