Banco de Bogotá S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022
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Banco de Bogotá S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net interest income was COP 1,126,494 million compared to COP 1,000,611 million a year ago. Net income was COP 641,942 million compared to COP 863,378 million a year ago. Basic earnings per share was COP 1,933 compared to COP 2,606 a year ago.
For the six months, net interest income was COP 2,215,872 million compared to COP 2,008,709 million a year ago. Net income was COP 2,930,228 million compared to COP 1,573,238 million a year ago. Basic earnings per share was COP 8,840 compared to COP 4,749 a year ago.
Banco de Bogota SA is a Colombia-based financial institution engaged in the banking sector. Its businesses are structured into three segments: Personal Banking, Small and Medium-Sized Enterprises (SMEs) Banking and Corporate Banking. Its products and services include current and saving accounts, credit and debit cards, fixed-term deposits, consumer and commercial loans, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA. The Company's operates through three divisions : General - Cars, which is related to loans granted to car purchase; General- Others, which consists of loans to purchase consumer goods other than cars; Credit Card division which includes acquisition of consumer goods used through a plastic card. The Bank owns such subsidiaries as Almaviva SA, Leasing Bogota SA Panama, Megalinea, Banco Bogota SA Panama, Fiduciaria Bogota SA and Bogota Finance Corporation, among others. In addition, it is a member of Grupo Aval Acciones y Valores SA.
BANCO DE BOGOTÁ S.A. 
