Columbia Banking System, Inc. (COLB)
| Market Cap | 2.52B |
| Revenue (ttm) | 691.07M |
| Net Income (ttm) | 224.18M |
| Shares Out | 78.65M |
| EPS (ttm) | 2.86 |
| PE Ratio | 11.19 |
| Forward PE | 8.33 |
| Dividend | $1.20 (3.75%) |
| Ex-Dividend Date | Oct 14, 2022 |
| Volume | 1,582,540 |
| Open | 30.64 |
| Previous Close | 30.91 |
| Day's Range | 30.57 - 32.24 |
| 52-Week Range | 26.97 - 37.59 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 35.02 (+9.44%) |
| Earnings Date | Jan 24, 2023 |
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.... [Read more]
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 $35.02, which is an increase of 9.44% from the latest price.
News
Columbia Banking (COLB) Q4 Earnings Surpass Estimates
Columbia Banking (COLB) delivered earnings and revenue surprises of 1.09% and 3.88%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Columbia Banking System Announces Fourth Quarter and Full Year 2022 Results and Quarterly Cash Dividend
Notable Items for Fourth Quarter and Fiscal Year 2022 Record full year net income of $250.2 million and diluted earnings per share of $3.20 Record quarterly net income of $68.9 million and diluted ear...
Columbia Banking System Announces Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call Date
TACOMA, Wash. , Jan. 12, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report fourth quarter and full-year 2022 financial results before the market opens on T...
Columbia Banking (COLB) Earnings Expected to Grow: What to Know Ahead of Q4 Release
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 Banking System and Umpqua Holdings Corporation Announce FDIC Approval and Expected Closing Timeline for Combination
TACOMA, Wash. and PORTLAND, Ore.
Will Columbia Banking (COLB) Beat Estimates Again in Its Next Earnings Report?
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 (COLB) to Sell Washington Branches to 1st Security
Columbia (COLB) agrees to sell seven branches in Washington and Oregon to 1st Security to satisfy commitments to the Department of Justice in relation to its pending merger with Umpqua.
COLUMBIA BANKING SYSTEM ANNOUNCES AGREEMENT TO SELL THREE BRANCHES IN NORTHERN CALIFORNIA TO FIRST NORTHERN BANK
Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua TACOMA, Wash. and DIXON, Calif.
COLUMBIA BANKING SYSTEM ANNOUNCES AGREEMENT TO SELL SEVEN WASHINGTON AND OREGON BRANCHES TO 1ST SECURITY BANK
Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua TACOMA, Wash. and MOUNTLAKE TERRACE, Wash.
Columbia Banking System Announces Agreement to Sell Three Branches in Northern California to First Northern Bank
TACOMA, Wash.
COLUMBIA BANK EXPANDS BUSINESS LENDING DIVISION INTO ARIZONA WITH KEY LEADERSHIP HIRE
Veteran Banker Ryan Summers to Deliver Commercial Banking Services Across the Spectrum, from Small Businesses to Middle Market Companies PHOENIX , Nov. 2, 2022 /PRNewswire/ -- Columbia Bank ("Columbia...
Columbia Banking (COLB) Tops Q3 Earnings and Revenue Estimates
Columbia Banking (COLB) delivered earnings and revenue surprises of 7.50% and 5.33%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Columbia Banking System Announces Third Quarter 2022 Results
Notable Items for Third Quarter 2022 Record quarterly net income of $64.9 million and diluted earnings per share of $0.83, which included a $0.03 per share reduction stemming from merger-related expen...
Columbia Banking (COLB) Reports Next Week: Wall Street Expects Earnings Growth
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 Banking System Announces Regular Cash Dividend of $0.30 and Provides Third Quarter 2022 Earnings Release and Conference Call Date
TACOMA, Wash. , Oct. 5, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.30 per common share will be paid on October ...
7 Growth Stocks to Buy Now Before They Become Large Caps
Canada's national business paper, The Globe and Mail, recently interviewed a Toronto-based portfolio manager who seeks out smaller growth stocks with the potential to become large caps over the long h...
Columbia Banking (COLB) Beats Q2 Earnings Estimates
Columbia Banking (COLB) delivered earnings and revenue surprises of 2.60% and 2.73%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Columbia Banking System Announces Second Quarter 2022 Results and Quarterly Cash Dividend
Notable Items for Second Quarter 2022 Quarterly net income of $58.8 million and diluted earnings per share of $0.75, which included $0.04 per share reduction stemming from merger-related expenses Reco...
Columbia Banking (COLB) Reports Next Week: What to Know Ahead of the Release
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 EXPANDS BUSINESS LENDING DIVISION INTO UTAH WITH KEY LEADERSHIP HIRES
Veteran Bankers Jeffrey Thomas, James Divver to Deliver Business Lending Services TACOMA, Wash. , July 5, 2022 /PRNewswire/ -- Columbia Bank, the wholly owned subsidiary of Columbia Banking System, In...
Columbia Banking System Announces Second Quarter 2022 Earnings Release and Conference Call Date
TACOMA, Wash. , June 30, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report second quarter 2022 financial results before the market opens on Thursday, July ...
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. ...
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 Rec...
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...