From Seekingalpha · · 40s
Grupo Cibest: Robust Fundamentals, But Re-Rating Story May Be Over
Grupo Cibest's stock drops as re-rating phase ends, valuation rises with macro risks.
In brief
Grupo Cibest's stock drops as re-rating phase ends, valuation rises with macro risks. Labutes IR downgrades Grupo Cibest to 'Hold' as re-rating completes, valuation is elevated, and macro risks increase. Originally reported by Seekingalpha.
Grupo Cibest Performance
Grupo Cibest rallied 40% since May but trades at premium to regional peers.
Q3 2026 Results
Q3 2026 showed 9.7% YoY loan growth and robust profitability with net interest margin at 7.4%.
Downgrade to Hold
Labutes IR downgrades CIB to 'Hold' as re-rating phase ends, valuation elevated, and macro risks mount.
What to remember
Labutes IR downgrades Grupo Cibest to 'Hold' as re-rating completes, valuation is elevated, and macro risks increase.
