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Grupo Cibest finalized the sale of Banistmo S.A. to Banco La Hipotecaria for USD 1.418 billion on June 30, 2026

CIBGrupo Cibest S.A.

Grupo Cibest finalized the sale of Banistmo S.A. to Banco La Hipotecaria for USD 1.418 billion on June 30, 2026. Second-quarter net income attributable to shareholders reached COP 2.7 trillion, an increase of 52.4% year-over-year, driven by a 91-basis-point expansion in net interest margin to 7.94%. The company executed 20.5% of its share buyback program, repurchasing approximately 4.4 million shares for COP 1.35 trillion. Grupo Cibest operates as a diversified financial services group with significant banking operations in Colombia and Central America.

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