Columbia Banking System, Inc. (COLB)

Columbia Banking System Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,917	1,784	1,186	1,319	526.91	587.09
Revenue Growth (YoY)	58.99%	50.47%	-10.09%	150.25%	-10.25%	6.29%
Gross Profit	1,917	1,784	1,186	1,319	526.91	587.09
Selling, General & Admin	833.9	810.98	586.22	625.75	262.36	274.61
Other Operating Expenses	423.5	501.72	148.73	134.71	72.16	70.87
Operating Expenses	1,257	1,313	734.95	760.46	334.52	345.48
Operating Income	659.19	471.2	450.58	558.16	192.39	241.61
Pretax Income	659.19	471.2	450.58	558.16	192.39	241.61
Income Tax	172.36	122.48	113.83	137.86	38.15	47.16
Net Income	486.83	348.72	336.75	420.3	154.24	194.45
Net Income Growth	110.24%	3.55%	-19.88%	172.49%	-20.68%	12.48%
Shares Outstanding (Basic)	208	195	129	130	71	72
Shares Outstanding (Diluted)	209	196	130	131	71	72
Shares Change	33.62%	50.98%	-0.99%	84.86%	-1.60%	-0.49%
EPS (Basic)	2.34	1.79	2.60	3.22	2.17	2.68
EPS (Diluted)	2.33	1.78	2.60	3.21	2.17	2.68
EPS Growth	28.73%	-31.54%	-19.00%	47.93%	-19.03%	13.56%
Free Cash Flow	932.59	710.53	1,038	647.25	186.52	204.93
Free Cash Flow Per Share	4.48	3.64	8.03	4.96	2.63	2.85
Dividend Per Share	1.440	1.380	1.200	1.140	1.340	1.400
Dividend Growth	20.00%	15.00%	5.26%	-14.93%	-4.29%	22.81%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	34.39%	26.41%	38.01%	42.33%	36.51%	41.15%
Profit Margin	25.40%	19.55%	28.41%	31.87%	29.27%	33.12%
Free Cash Flow Margin	48.66%	39.83%	87.55%	49.09%	35.40%	34.91%
Effective Tax Rate	26.15%	25.99%	25.26%	24.70%	19.83%	19.52%
EBITDA	824.36	615.45	478.88	589.66	207.29	275.82
EBITDA Margin	43.01%	34.50%	40.39%	44.72%	39.34%	46.98%
Depreciation & Amortization	165.17	144.25	28.31	31.5	14.89	34.21
EBIT	659.19	471.2	450.58	558.16	192.39	241.61
EBIT Margin	34.39%	26.41%	38.01%	42.33%	36.51%	41.15%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).