BanColombia S.A Gross Margin 2010-2024 | CIB
- BanColombia S.A average gross margin for 2023 was 65.38%, a 16.24% decline from 2022.
- BanColombia S.A average gross margin for 2022 was 78.06%, a 1.11% decline from 2021.
- BanColombia S.A average gross margin for 2021 was 77.2%, a 6.88% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.