Columbia Banking System, Inc. (COLB)

Market Cap	4.15B
Revenue (ttm)	1.92B
Net Income (ttm)	486.83M
Shares Out	209.38M
EPS (ttm)	2.33
PE Ratio	8.51
Forward PE	8.13
Dividend	$1.44 (7.26%)
Ex-Dividend Date	May 23, 2024

Volume	1,610,318
Open	19.75
Previous Close	19.83
Day's Range	19.65 - 19.94
52-Week Range	17.08 - 28.12
Beta	0.87
Analysts	Hold
Price Target	22.04 (+11.15%)
Earnings Date	Jul 17, 2024

About COLB

Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions. It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory fi...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1993
• Employees: 5,114
• Stock Exchange: NASDAQ
• Ticker Symbol: COLB

Financial Performance

In 2023, COLB's revenue was $1.78 billion, an increase of 50.47% compared to the previous year's $1.19 billion. Earnings were $348.72 million, an increase of 3.55%.

Analyst Forecast

According to 13 analysts, the average rating for COLB stock is "Hold." The 12-month stock price forecast is $22.04, which is an increase of 11.15% from the latest price.

Price Target

$22.04

(11.15% upside)

Analyst Consensus: Hold