Grupo Cibest S.A. (CIB) on Monday reported second-quarter profit of $755.2 million. On a per-share basis, the Medellin, Colombia-based company said it had profit of $3.32.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.14 per share.
The financial holding company posted revenue of $3.26 billion in the period. Its adjusted revenue was $2.31 billion.
Original reporting: Alexandria, VA News – WTOP News — read the source article.