Columbia Banking System, Inc. (COLB)

Market Cap	6.28B
Revenue (ttm)	1.83B
Net Income (ttm)	483.94M
Shares Out	209.53M
EPS (ttm)	2.32
PE Ratio	12.92
Forward PE	11.13
Dividend	$1.44 (4.80%)
Ex-Dividend Date	Aug 23, 2024

Volume	1,036,521
Open	30.08
Previous Close	30.15
Day's Range	29.60 - 30.39
52-Week Range	17.08 - 31.86
Beta	0.85
Analysts	Hold
Price Target	27.12 (-9.54%)
Earnings Date	Oct 24, 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
• Website: https://www.columbiabankingsystem.com

Financial Performance

In 2023, Columbia Banking System'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 $27.12, which is a decrease of -9.54% from the latest price.

Price Target

$27.12

(-9.54% downside)

Analyst Consensus: Hold