Bancolombia S.A. (CIB) Monday reported fourth-quarter profit declined to 468 billion Colombian Pesos or 549 peso per share from last year.
On a per ADR basis, earnings were $1.24, down 7.2 percent from last year. Analysts polled by Thomson Reuters expected the company to earn $1.05 per share for the quarter. Analysts' estimates typically exclude special items.
Net-interest income increased 21.5 percent from last year.
Bancolombia ended fourth quarter with 97.92 billion pesos in assets, representing a 5.1 percent increase from last year.
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