Recent Research Analysts’ Ratings Updates for Grupo Cibest (CIB)

Several brokerages have updated their recommendations and price targets on shares of Grupo Cibest (NYSE: CIB) in the last few weeks:

• 7/28/2026 – Grupo Cibest was upgraded by The Goldman Sachs Group, Inc. from “neutral” to “buy”. They now have a $98.00 price target on the stock, up from $81.00.
• 7/21/2026 – Grupo Cibest had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/17/2026 – Grupo Cibest was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/16/2026 – Grupo Cibest had its price target raised by The Goldman Sachs Group, Inc. from $71.00 to $81.00. They now have a “neutral” rating on the stock.
• 6/1/2026 – Grupo Cibest was upgraded by Bank of America Corporation from “underperform” to “neutral”. They now have a $75.00 price target on the stock, up from $68.00.

Grupo Cibest Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 13th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.304 per share. This represents a $5.22 annualized dividend and a yield of 5.6%. This is an increase from Grupo Cibest’s previous quarterly dividend of $1.22. The ex-dividend date of this dividend was Tuesday, June 30th. Grupo Cibest’s dividend payout ratio is presently 147.78%.

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.