Banco Davivienda S.A. Provides Earnings Guidance for the Full Year 2024
August 15, 2023 at 02:00 pm
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Banco Davivienda S.A. provided earnings guidance for the full year 2024. For the period, the company expected to be a year in which will return to double-digit profitability levels. But the company's view at this time is that should be on ROEs of 2 digits for next year.
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.