Banco de Bogotá S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023
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Banco de Bogotá S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was COP 1,258,428 million compared to COP 1,219,270 million a year ago. Net income was COP 146,370 million compared to COP 435,385 million a year ago.
For the nine months, net interest income was COP 3,821,680 million compared to COP 3,435,142 million a year ago. Net income was COP 916,485 million compared to COP 3,365,613 million 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. 
