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Grupo Cibest (CIB) completes divestiture of Banistmo S.A. to Inversiones Cuscatlán

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Grupo Cibest S.A. reports that it has completed the sale of Banistmo S.A., a transaction initially announced on December 18, 2025. Grupo Cibest transferred 100% of Banistmo’s shares to Banco La Hipotecaria S.A., a subsidiary of Inversiones Cuscatlán Centroamérica S.A., in exchange for the previously agreed purchase price.

The price was funded with resources from Banco La Hipotecaria and an international syndicated loan. Following the closing, Banistmo is no longer a subsidiary of Grupo Cibest and is now wholly owned by the Inversiones Cuscatlán group. Grupo Cibest also states it has not entered into agreements with Inversiones Cuscatlán regarding director elections or other material corporate matters.

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Insights

Grupo Cibest closes Banistmo sale, exiting that subsidiary relationship.

Grupo Cibest has completed the divestiture of Banistmo S.A., transferring 100% of its shares to Banco La Hipotecaria, part of the Inversiones Cuscatlán group. The consideration was the agreed purchase price funded by La Hipotecaria and an international syndicated loan.

This confirms a strategic move to remove Banistmo from Grupo Cibest’s consolidated structure, as Banistmo ceases to be a subsidiary. The filing also notes there are no agreements with Inversiones Cuscatlán on board elections or other material corporate matters, suggesting a clean separation without ongoing governance ties.

Stake sold 100% of Banistmo shares Transferred to Banco La Hipotecaria on completion of sale
Initial announcement date December 18, 2025 Sale of Banistmo initially announced to the market
Completion month June 2026 Form 6-K period covering completion of Banistmo sale
international syndicated loan financial
"The transaction price was paid with funds from La Hipotecaria and an international syndicated loan."
subsidiary financial
"As a result of the foregoing, Banistmo ceased to be a subsidiary of Grupo Cibest"
A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.
material corporate matters regulatory
"it has not entered into any agreements with Inversiones Cuscatlán in relation to the election of directors and other material corporate matters."
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
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FAQ

What did Grupo Cibest (CIB) announce regarding Banistmo S.A.?

Grupo Cibest announced the completion of the sale of Banistmo S.A., transferring 100% of Banistmo’s shares to Banco La Hipotecaria S.A. This formalizes a divestiture initially announced on December 18, 2025, and removes Banistmo from Grupo Cibest’s list of subsidiaries.

Who acquired Banistmo S.A. from Grupo Cibest (CIB)?

Banistmo S.A. was acquired by Banco La Hipotecaria S.A., which is a subsidiary of Inversiones Cuscatlán Centroamérica S.A. After the transaction, Banistmo became wholly owned by the Inversiones Cuscatlán group and is no longer controlled by Grupo Cibest.

How was the Banistmo S.A. purchase funded according to Grupo Cibest (CIB)?

The transaction price for Banistmo S.A. was paid using funds from Banco La Hipotecaria S.A. and an international syndicated loan. This means the buyer combined its own resources with borrowed funds from a lending group to complete the acquisition.

Does Banistmo S.A. remain a subsidiary of Grupo Cibest (CIB) after the sale?

No. Following completion of the transaction, Banistmo S.A. ceased to be a subsidiary of Grupo Cibest. It is now wholly owned by the Inversiones Cuscatlán group, reflecting a full transfer of ownership and control away from Grupo Cibest.

Are there post-transaction governance agreements between Grupo Cibest (CIB) and Inversiones Cuscatlán?

Grupo Cibest reports that it has not entered into agreements with Inversiones Cuscatlán regarding the election of directors or other material corporate matters. This indicates the sale was structured without ongoing governance or control arrangements between the two corporate groups.

When was the Banistmo S.A. sale by Grupo Cibest (CIB) originally announced?

The sale of Banistmo S.A. was initially announced to the market on December 18, 2025. The current disclosure confirms that the transaction has now been completed, with ownership transferring fully to the Inversiones Cuscatlán group through Banco La Hipotecaria.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934


For the month of June,2026

Commission File Number 001-42656



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Grupo Cibest S.A.
(Translation of registrant’s name into English)

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Cra. 48 # 26-85
Medellín, Colombia
(Address of principal executive offices)

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F þ
Form 40-F o
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Grupo CIBEST S.A.
(Registrant)
Date June 30,2026By:/s/ MAURICIO BOTERO WOLFF.
Name:Mauricio Botero Wolff
Title:Vice President of Strategy and Finance


June 30, 2026
Medellin, Colombia

GRUPO CIBEST S.A. REPORTS COMPLETION OF THE SALE OF BANISTMO S.A.

Grupo Cibest S.A. (Grupo Cibest) reports that today the sale of Banistmo S.A. (Banistmo), initially announced to the market on December 18, 2025, has been completed.

As a result of the completion of the sale, Grupo Cibest transferred to Banco La Hipotecaria S.A. (La Hipotecaria), a subsidiary of Inversiones Cuscatlán Centroamérica S.A. (Inversiones Cuscatlán), 100% of the shares of Banistmo in exchange for the agreed and previously announced purchase price. The transaction price was paid with funds from La Hipotecaria and an international syndicated loan. As a result of the foregoing, Banistmo ceased to be a subsidiary of Grupo Cibest and is now wholly owned by the Inversiones Cuscatlán group.

Grupo Cibest reports that it has not entered into any agreements with Inversiones Cuscatlán in relation to the election of directors and other material corporate matters.





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Contacts
Mauricio Botero Wolff
Catalina Tobón Rivera
Strategy and Financial VP
IR Director
Tel.: (57 604) 4040858
Tel.: (57 601) 4885950
ir@Grupocibest.com.co
ir@Grupocibest.com.co

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