Colombia · Banking
Key Facts
—Bancolombia leads, but down sharply. Bancolombia topped the ranking with COP 1.3 trillion ($350 million) in Q1 profit, yet that was 25.9% lower year on year, its weakest in five years.
—Davivienda follows. Davivienda ranked second with COP 545 billion ($147 million) in profit, while its net income of COP 283 billion ($76 million) fell about 45% from the end of 2025.
—The culprit is a tax. A wealth tax from President Gustavo Petro’s economic-emergency decree hit bank earnings across the sector.
