Sura 3Q 2025 Net Profit Soars 132% Year-on-Year

Medellin-based insurance and financial services giant Grupo Sura announced November 13 that third quarter (3Q) 2025 proforma net income jumped 132% year-on-year, to COP$1.23 trillion (US$327 million), versus COP$534 billion (US$142 million) in 3Q 2024.

Those profits were boosted by Sura’s partial holdings in Grupo Argos and Cibest (Bancolombia). Even excluding those holdings, Sura profits still jumped 73% year-on-year, to COP$866 billion (US$230 million), the company noted.

As for nine-months 2025 results, accumulated net profits are up 47% year-on-year, to COP$2.5 trillion (US$665 million), according to Sura.

“With these results [to date], the company will exceed its projected net profit forecast for 2025 and closes this quarter with a return on equity of 13.8%,” according to Sura

“These figures reflect the strong performance of [insurance group] Suramericana, SURA Asset Management [financial services], and Grupo Cibest — companies that make up Grupo SURA’s portfolio, in its new reality as an organization focused 100% on financial services,” having spun-off its money-losing “EPS Sura” health-insurance subsidiary.

Operating revenues are also up 5.8% year-on-year, to COP$22.4 trillion (US$5.9 billion), according to the company.

Similarly, “adjusted return on equity closed at 13.8% for the last twelve months and continues on a growth trajectory,” according to Sura.

The Suramericana insurance division so far this year “issued premiums of COP$14.4 trillion [US$3.8 billion], up 4.9%, “driven primarily by the strong performance of the life-insurance segment,” according to Sura.

Thanks to a decline in insurance claims Suramericana’s, accumulated net income “reached COP$655 billion [US$174 million], a 3.1% increase,” according to Sura.

As for the Sura Asset Management division, “this subsidiary earned COP$3.1 trillion [US$825 million] in commission income, 10.8% higher than in 2024. This, combined with strong reserve performance and disciplined expense control, generated a net profit of COP$1.08 trillion [US$287 million], 24.4% higher than in September 2024,” according to the ocmpany.

As for its partial stockholdings in Grupo Cibest (Bancolombia), this generated net profits of COP$5.7 trillion (US$1.5 billion), up 23.2% year-on-year, the company noted.

“These results led Cibest to achieve an 18% return on equity, generated by the favorable performance of credit costs due to the quality of the loan portfolio, which resulted in a reduction in provisions for the period,” the company added.