BanColombia (BanColombia) Allowance For Loans And Lease Losses : $-3,795 Mil (As of Dec. 2023)

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What is BanColombia Allowance For Loans And Lease Losses?

BanColombia's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-3,795 Mil.

BanColombia's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-3,825 Mil) to Sep. 2023 ($-4,033 Mil) but then increased from Sep. 2023 ($-4,033 Mil) to Dec. 2023 ($-3,795 Mil).

BanColombia's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-3,639 Mil) to Dec. 2022 ($-3,033 Mil) but then declined from Dec. 2022 ($-3,033 Mil) to Dec. 2023 ($-3,795 Mil).

BanColombia Allowance For Loans And Lease Losses Historical Data

The historical data trend for BanColombia's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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BanColombia Allowance For Loans And Lease Losses Chart

BanColombia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3,113.03

-4,102.19

-3,639.35

-3,033.24

-3,794.58

BanColombia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-3,033.24	-3,416.13	-3,825.40	-4,032.86	-3,794.58

BanColombia Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

BanColombia Allowance For Loans And Lease Losses Related Terms

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BanColombia (BanColombia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BanColombia SA (NYSE:CIB) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

BXK:Germany PFBCOLOM:Columbia BCOLOMBIA:Columbia

Address

Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL

Website

https://www.grupobancolombia.com

BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company's operations are in Colombia, Panama, Costa Rica, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala.