Banco Davivienda S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 21, 2022 at 09:01 pm EST
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Banco Davivienda S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was COP 2,227,000 million compared to COP 1,849,000 million a year ago. Net income was COP 399,000 million compared to COP 395,000 million a year ago.
For the nine months, net interest income was COP 6,488,000 million compared to COP 5,539,000 million a year ago. Net income was COP 1,568,000 million compared to COP 928,000 million a year ago.
Banco Davivienda SA is a Colombia-based banking institution. The Bankâs products and services include savings and current accounts, consumer and commercial loans, credit and debit cards, mortgages, fixed-term deposits, portfolio management, foreign trade financing and a variety of insurance policies, as well as other banking operations to individuals and businesses. As of December 31, 2012, the Bank operated a network of 572 branch offices located nationwide and one in the United States. It also owned such subsidiaries as Fiduciaria Davivienda SA, Dadivalores SA, Bancafe Panama SA and Fiduciaria Cafetera SA, among others. In addition, Grupo Empresarial Bolivar was the Companyâs major shareholder.