Columbia Banking System, Inc. (COLB)
| Market Cap | 2.28B |
| Revenue (ttm) | 647.03M |
| Net Income (ttm) | 208.49M |
| Shares Out | 78.64M |
| EPS (ttm) | 2.79 |
| PE Ratio | 10.38 |
| Forward PE | 9.43 |
| Dividend | $1.18 (4.07%) |
| Ex-Dividend Date | May 3, 2022 |
| Volume | 695,375 |
| Open | 29.02 |
| Previous Close | 29.23 |
| Day's Range | 28.74 - 29.34 |
| 52-Week Range | 27.61 - 44.13 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 37.57 (+29.6%) |
| Earnings Date | Apr 21, 2022 |
About COLB
Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services....
Financial Performance
In 2021, COLB's revenue was $616.81 million, an increase of 17.06% compared to the previous year's $526.91 million. Earnings were $202.82 million, an increase of 31.49%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for COLB stock is "Buy." The 12-month stock price forecast is 37.57, which is an increase of 29.55% from the latest price.
News
COLUMBIA BANK BRINGS UNIQUE BANKING, COMMUNITY EXPERIENCE TO OLD BELLEVUE
Innovative Branch Functions as a Bank, Wealth Planning and Community Space BELLEVUE, Wash. , April 26, 2022 /PRNewswire/ -- Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc. (N...
Columbia Banking (COLB) Tops Q1 Earnings and Revenue Estimates
Columbia Banking (COLB) delivered earnings and revenue surprises of 22.73% and 4.30%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Columbia Banking System Announces First Quarter 2022 Results and Quarterly Cash Dividend
Notable Items for First Quarter 2022 Quarterly net income of $57.5 million and diluted earnings per share of $0.74, which included $0.07 per share negative impact from acquisition-related expenses Recor...
Columbia Banking System Announces First Quarter 2022 Earnings Release and Conference Call Date
TACOMA, Wash. , March 31, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report first quarter 2022 financial results before the market opens on Thursday, April 2...
What Makes Columbia Banking (COLB) a New Strong Buy Stock
Columbia Banking (COLB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
COLUMBIA BANK STRENGTHENS HEALTHCARE TEAM WITH ADDITION OF LYNNE NELSON
TACOMA, Wash., March 3, 2022 /PRNewswire/ -- Columbia Bank today announced the addition of Lynne Nelson to the Healthcare Banking team.
COLUMBIA BANK NAMED TOP SBA LENDER IN SEATTLE AND PORTLAND REGIONS, RANKED TOP 20 NATIONALLY
TACOMA, Wash., March 2, 2022 /PRNewswire/ -- Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc. (NASDAQ: COLB) ("Columbia"), today announced it was recognized as the leading Sma...
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
Columbia Banking Systems, which is the parent of Columbia State Bank, has gotten the green light to merge with Umpqua Holdings, a Seeking Alpha report says. The results on the proposals voted on at the ...
Columbia Banking System and Umpqua Holdings Corporation Announce Receipt of Shareholder Approvals to Combine
TACOMA, Wash. and PORTLAND, Ore.
Columbia Banking System Announces Fourth Quarter and Full Year 2021 Results and Quarterly Cash Dividend
TACOMA, Wash., Jan. 19, 2022 /PRNewswire/ -- Notable Items for Fourth Quarter 2021 and Fiscal Year 2021 Completed acquisition of Bank of Commerce Holdings Announced merger agreement with Umpqua Holdings...
COLUMBIA BANK BOLSTERS SEATTLE COMMERCIAL LENDING TEAM WITH FIVE NEW HIRES
TACOMA, Wash., Jan. 18, 2022 /PRNewswire/ -- Columbia Bank today announced that a five-person commercial banking team has joined its Seattle office as the Bank continues to grow in this critical market.
Earnings Preview: Columbia Banking (COLB) Q4 Earnings Expected to Decline
Columbia Banking (COLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COLUMBIA BANK RAISES A RECORD $351,611 IN SEVENTH ANNUAL WARM HEARTS WINTER DRIVE BENEFITTING HOMELESS SHELTERS
TACOMA, Wash., Jan. 11, 2022 /PRNewswire/ -- Columbia Bank today announced that it raised a record $351,611 during the seventh annual Warm Hearts Winter Drive to benefit families and individuals struggl...
Columbia Banking System Announces Fourth Quarter and Full-Year 2021 Earnings Release and Conference Call Date
TACOMA, Wash., Jan. 7, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report fourth quarter and full-year 2021 financial results after the market closes on Wedne...
COLUMBIA BANK NAMES HEATHER SEPPA MARKET REGION MANAGER OF COLUMBIA/WILLAMETTE MARKET
TACOMA, Wash., Dec. 22, 2021 /PRNewswire/ -- Columbia Bank today announced the promotion of Heather Seppa to the role of Market Region Manager for the Columbia/Willamette market in Oregon.
Columbia Bank Launches Seventh Annual Warm Hearts Winter Drive Benefitting Homeless Families And Expands Giving To No...
TACOMA, Wash., Dec. 6, 2021 /PRNewswire/ -- Columbia Bank today announced the official launch of its seventh annual Warm Hearts Winter Drive to benefit families and individuals struggling with homelessn...
How Columbia Banking (COLB) Stock Stands Out in a Strong Industry
Columbia Banking (COLB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
UMPQUA INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Pr...
NEW ORLEANS, Nov. 20, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates GWB, EBMT, TGP, COLB; Shareholders are Encouraged to Contact...
NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Great Western Bancorp, Inc. (NYSE: GWB) concerning pot...
Columbia Banking (COLB) Beats Q3 Earnings and Revenue Estimates
Columbia Banking (COLB) delivered earnings and revenue surprises of 4.23% and 3.78%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Columbia Banking System Announces Third Quarter 2021 Results
TACOMA, Wash., Oct. 28, 2021 /PRNewswire/ -- Notable Items for Third Quarter 2021 Quarterly net income of $53.0 million and diluted earnings per share of $0.74 Total loans, net of PPP loans, increased $...
Can Columbia Banking (COLB) Keep the Earnings Surprise Streak Alive?
Columbia Banking (COLB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Columbia Banking (COLB) Reports Next Week: Wall Street Expects Earnings Growth
Columbia Banking (COLB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Wall Street Is Panning This Merger -- Should It?
Columbia Banking Systems' shares plunged more than 14% after it announced plans to buy Umpqua.
Columbia Banking System Announces Third Quarter 2021 Earnings Release and Conference Call Date
TACOMA, Wash., Oct. 14, 2021 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report third quarter 2021 financial results before the market opens on Thursday, October 2...