Prensa/Grupo SURA achieved a record controlling net income of COP 1.7 trillion at the end of the first half of the year, for a growth of 37.7%

Grupo SURA achieved a record controlling net income of COP 1.7 trillion at the end of the first half of the year, for a growth of 37.7%

Publicado el 13 August 2026 Financial results Grupo Cibest Grupo SURA Strategy SURA Asset Management Suramericana

In the second quarter alone, controlling net income amounted to COP 1.2 trillion, marking yet another record quarter for the Company.
The trailing twelve-month ROE ^[1]reached 16.5%, its highest level in the Organization’s recent history, reflecting the strength and enhanced profitability of its different lines of business.
Grupo SURA is expected to receive approximately COP 3 trillion in dividends during 2026, including COP 1 trillion in extraordinary dividends. These proceeds will be used to reduce its individual net debt by COP 1.5 trillion during the second half of 2026, resulting in a 20% reduction in its net debt compared to 2025.
With these results, the Company expects to end the year with a controlling net income of between COP 2.5 and 2.7 trillion, while maintaining an adjusted ROE of between 15% and 16%.

Medellín. August 13, 2026 Grupo SURA (BVC: GRUPOSURA Y PFGRUPSURA) hereby reports its consolidated financial results for the first half of this year, reflecting record results as part of its recent profitability consolidation and growth0 program, driven by the strong performance of its different core investments: Suramericana, SURA Asset Management and Grupo Cibest-Bancolombia.

At the end of Q2 2026, the Company reported a year-to date controlling net income of COP 1.7 trillion, representing a 37.7% increase compared to the same period last year. For the second quarter alone, controlling net income totaled COP 1.2 trillion, marking a new quarterly record for Grupo SURA. These results were achieved after recognizing an approximately COP 227 billion impact relating to the wealth tax paid this being recognized during the first quarter of the year.

This performance was also reflected in record profitability indicators, underscoring the progress made across its three financial businesses. Indeed, the trailing twelve-month ROE^[1] stood at 16.5%, its highest level in the Company’s recent history. Over the past five years, this metric has doubled, rising from 7.9% to 16.5%, thereby achieving a return above the cost of capital and exceeding the targets initially announced to the market at the end of 2025. On the other hand, over the same five-year period, net earnings per share have increased 3.4-fold, reaching approximately COP 8,500 ^[2] on a trailing twelve-month basis

“The first half of this year marked a new milestone for Grupo SURA. We achieved record levels of earnings and profitability, thereby reflecting the strong levels of performance delivered by our companies and the consistency of a strategy focused on strengthening our profitability, optimizing our capital, and creating value in a sustainable manner. As a result of all this, our ROE for the quarter stood above the cost of capital and exceeded our most recent forecast,” stated Ricardo Jaramillo Mejía, Grupo SURA’s Chief Executive Officer.

Investment performance

Suramericana reported a net income of COP 559 billion, nearly 30% more than for the first half of 2025. Written premiums reached COP 9.9 trillion, for a growth of 7.6% on a constant-currency basis, driven primarily by the Life Insurance segment, which maintained a favorable performance and consolidated its position as the main growth driver, supported by Occupational Risk and Voluntary Health Care solutions.

SURA Asset Management reported a controlling net income of COP 766 billion, up by 33%, thanks to its sound operating performance and improved returns on its legal reserves. Assets under management stood at COP 837 trillion for the first half of the year representing a 17.2% growth on a constant currency basis, while fee and commission income totaled COP 2.2 trillion, driven by the strong performance of its two segments.

Grupo Cibest reported a net income of COP 4.2 trillion, up by 19% compared to the first half of 2025. This result was driven by the growth of its net interest margin and a credit cost that remained well controlled In addition, during this past quarter, the Company completed the sale of Banistmo, a transaction that generated approximately USD 1.4 billion in proceeds and represents a significant milestone in its strategy to optimize capital and allocate resources efficiently

Progress made with debt reduction initiatives

In addition to its operating performance, Grupo SURA also made progress with initiatives aimed at optimizing its capital structure and accelerating its deleveraging process. By year-end 2026, the Company is expected to receive approximately COP 3 trillion in dividends, of which approximately COP 2 trillion will correspond to ordinary dividends and nearly COP 1 trillion to extraordinary dividends, this primarily related to a debt optimization transaction with SURA Asset Management and the extraordinary dividend from Grupo Cibest following the sale of Banistmo.

These funds shall enable Grupo SURA to reduce its individual net debt by approximately COP 1.5 trillion in 2026, which is equivalent to 20% of the total, falling from COP 7.1 trillion at the end of last year to approximately COP 5.7 trillion by the end of this year. As a result, the Company is expected to end 2026 with debt levels similar to those recorded in 2023, which was when the different corporate events began, all of this while maintaining a stronger financial position supported by more profitable lines of business.

2026 Outlook Update

Based on the results reported for the first half of the year, Grupo SURA is raising its financial expectations for year-end 2026 The Company expects to achieve a controlling net income of between COP 2.5 trillion and COP 2.7 trillion, equivalent to net earnings per share of between COP 7,600 and COP 8,200, while maintaining an adjusted ROE of between 15% and 16%, that is to say, above the range initially estimated.

Other highlights for this past quarter:

Merco Talent: In June, the 2026 Merco Talent Colombia results were released, this being an external survey that ranks companies based on their ability to attract and retain talent here at home. Our Companies: Suramericana, Protección, and Grupo Cibest once again took first place in their respective sectors, thereby demonstrating that within our own Financial Group, people are one of our key differentiators and a fundamental foundation for creating long-term value.

^[1]Grupo SURA´s adjusted ROE, excludes the amortization of acquisition-related intangible assets, the investment in Grupo Argos as recognized as equity in 2025 (as the equity method has not been applied since 2025), and non-recurring gains and losses (the 2025 spin-off by absorption, the increase in liabilities related to preferred shares in 2025, and the impairment posted by Grupo Cibest in 2025)
^[2]Earnings per share adjusted for non-recurring items in 2025, including the gain associated with the spin-off by absorption, the increase in liabilities related to issued preferred shares, as well as the impairment recognized by Grupo Cibest following the sale of Banistmo.