Columbia Banking System, Inc. (COLB)

Market Cap	5.70B
Revenue (ttm)	1.83B
Net Income (ttm)	483.94M
Shares Out	209.53M
EPS (ttm)	2.32
PE Ratio	11.72
Forward PE	10.13
Dividend	$1.44 (5.30%)
Ex-Dividend Date	Nov 29, 2024

Volume	5,090,501
Open	26.30
Previous Close	26.40
Day's Range	26.29 - 27.42
52-Week Range	17.08 - 32.85
Beta	0.85
Analysts	Hold
Price Target	28.46 (+4.67%)
Earnings Date	Jan 22, 2025

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 14 analysts, the average rating for COLB stock is "Hold." The 12-month stock price forecast is $28.46, which is an increase of 4.67% from the latest price.

Price Target

$28.46

(4.67% upside)

Analyst Consensus: Hold