Columbia Banking System, Inc. (COLB)

Market Cap	3.70B
Revenue (ttm)	1.78B
Net Income (ttm)	348.72M
Shares Out	208.63M
EPS (ttm)	1.78
PE Ratio	9.97
Forward PE	7.55
Dividend	$1.44 (8.12%)
Ex-Dividend Date	Feb 22, 2024

Volume	1,576,099
Open	17.49
Previous Close	17.49
Day's Range	17.46 - 17.91
52-Week Range	17.08 - 28.12
Beta	0.89
Analysts	Hold
Price Target	22.89 (+29.03%)
Earnings Date	Apr 25, 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 14 analysts, the average rating for COLB stock is "Hold." The 12-month stock price forecast is $22.89, which is an increase of 29.03% from the latest price.

Price Target

$22.89

(29.03% upside)

Analyst Consensus: Hold