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COLB

Columbia Banking System Inc

COLB

24.58USD+0.21 (+0.86%)Delayed as of 08 Dec 2023, 11:05 am
Watchlist

Market Summary

USD24.58+0.21
Delayedas of 08 Dec 2023, 11:05 am
0.86%

COLB Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

COLB Stock Price

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COLB RSI Chart

COLB Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

15.03

Price/Sales (Trailing)

2.51

EV/EBITDA

0.94

Price/Free Cashflow

7.84

COLB Price/Sales (Trailing)

COLB Profitability

EBT Margin

32.61%

Return on Equity

5.93%

Return on Assets

0.53%

Free Cashflow Yield

12.76%

COLB Fundamentals

COLB Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

314.92%

Revenue Q/Q

3%

COLB Earnings

Earnings (TTM)

338.1M

Earnings Y/Y

61.64%

Earnings Q/Q

1.85%

Price Action

52 Week Range

17.5433.24
(Low)(High)

Last 7 days

8.6%

Last 30 days

15.1%

Last 90 days

19.6%

Trailing 12 Months

-21.4%

How does COLB drawdown profile look like?

COLB Financial Health

COLB Investor Care

Dividend Yield

5.83%

Dividend/Share (TTM)

1.42

Shares Dilution (1Y)

165.20%

Diluted EPS (TTM)

2.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.1B1.5B2.0B0
2022646.0M774.8M808.0M840.1M
2021513.0M514.2M521.3M536.1M
2020532.0M522.8M517.6M517.8M
2019506.8M521.7M526.6M530.0M
2018406.1M438.8M476.1M497.1M
2017344.6M349.1M352.6M374.7M
2016328.6M329.9M334.0M338.0M
2015314.5M320.5M326.0M328.9M
2014317.1M310.9M306.5M308.0M
2013233.6M253.7M275.8M296.9M
2012266.4M275.2M266.2M248.5M
2011196.2M203.4M219.7M251.3M
2010153.7M164.5M175.2M185.9M
2009000143.0M

Latest Insider Trading transactions for COLB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 30, 2023
deer aaron james
bought
15,585
18.25
854
chief strategy/innovation offc
Jun 30, 2023
baruffi kumi yamamoto
bought
15,585
18.25
854
general counsel, corporate sec
Jun 21, 2023
anderson drew k
sold (taxes)
-12,544
21.74
-577
chief administrative officer
May 24, 2023
eerkes craig d
bought
50,024
21.01
2,381
-
May 18, 2023
eerkes craig d
acquired
-
-
4,028
-
May 18, 2023
forrest eric
acquired
-
-
4,028
-
May 18, 2023
schultz john f
acquired
-
-
4,028
-
May 18, 2023
numata s mae fujita
acquired
-
-
4,028
-
May 18, 2023
varnado anddria
acquired
-
-
4,028
-
May 18, 2023
terry hilliard c. iii
acquired
-
-
4,028
-

1–10 of 50

Which funds bought or sold COLB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-39.85
-1,741,640
2,635,290
-%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-90,000
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-0.73
-3,372
530,418
-%
Nov 22, 2023
KBC Group NV
unchanged
-
-
472,000
-%
Nov 21, 2023
COMERICA BANK
added
-
1,864,040
1,864,040
0.01%
Nov 21, 2023
Walleye Capital LLC
new
-
706,257
706,257
-%
Nov 16, 2023
IRONWOOD INVESTMENT MANAGEMENT LLC
added
5.92
54,175
953,735
0.58%
Nov 16, 2023
Creative Planning
reduced
-43.91
-184,577
236,313
-%
Nov 16, 2023
RESOURCES MANAGEMENT CORP /CT/ /ADV
added
18.35
61,000
391,000
0.06%
Nov 15, 2023
Essex Financial Services, Inc.
added
6.51
21,741
350,581
0.04%

1–10 of 45

Latest Funds Activity

Are funds buying COLB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own COLB
No. of Funds

Schedule 13G FIlings of Columbia Banking System Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
blackrock inc.
6.5%
5,114,687
SC 13G/A
Feb 09, 2023
vanguard group inc
12.04%
9,470,597
SC 13G/A
Feb 08, 2023
state street corp
6.05%
4,760,187
SC 13G/A
Jan 30, 2023
franklin mutual advisers llc
6.0%
4,700,011
SC 13G
Jan 26, 2023
blackrock inc.
14.4%
11,325,384
SC 13G/A
Jan 20, 2023
blackrock inc.
14.4%
11,325,384
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
3.7%
2,981,055
SC 13G/A
Feb 10, 2022
state street corp
6.31%
4,957,374
SC 13G
Feb 09, 2022
vanguard group inc
11.35%
8,908,287
SC 13G/A
Jan 27, 2022
blackrock inc.
14.6%
11,456,349
SC 13G/A

Recent SEC filings of Columbia Banking System Inc

View All Filings
Date Filed Form Type Document
Nov 13, 2023
8-K
Current Report
Nov 03, 2023
10-Q
Quarterly Report
Oct 18, 2023
8-K
Current Report
Sep 29, 2023
8-K
Current Report

Peers (Alternatives to Columbia Banking System Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
461.6B
154.1B
8.89% 19.25%
9.01
3
24.85% 38.27%
242.9B
142.1B
8.88% -5.75%
7.96
1.71
104.30% 11.29%
165.7B
94.4B
10.62% 6.95%
9.02
1.75
34.62% 12.81%
94.2B
119.9B
15.59% 9.64%
6.94
0.79
86.46% -
13.6B
9.8B
13.02% -26.15%
6.56
1.39
62.73% 6.26%
12.1B
7.6B
16.02% -23.18%
9.37
1.6
57.10% -39.78%
MID-CAP
5.7B
3.7B
12.55% -17.79%
6.79
1.52
53.61% 0.24%
5.1B
4.0B
16.04% -22.62%
3.95
1.61
76.30% 16.42%
3.2B
1.2B
15.04% -7.07%
11.31
2.64
53.00% -17.58%
2.9B
1.9B
11.52% -16.62%
7.64
1.52
57.80% 14.45%
SMALL-CAP
467.6M
115.7M
7.71% 19.54%
15.52
4.04
24.10% -20.09%
460.9M
154.1M
14.38% -20.68%
13.38
2.99
26.24% -26.76%
379.7M
155.7M
6.77% -17.30%
10.16
2.44
47.34% -10.62%
340.5M
96.3M
14.70% 6.79%
9.01
3.54
19.08% 25.77%
51.6M
58.7M
16.60% -24.50%
17.66
0.88
25.03% -65.02%

Columbia Banking System Inc News

Latest updates
Nasdaq05 Dec 202308:12 pm2 days ago
MarketBeat05 Dec 202311:30 am3 days ago
Nasdaq01 Dec 202309:41 pm6 days ago
ABA Banking Journal01 Dec 202306:26 pm6 days ago
Insider Monkey23 Nov 202308:00 am15 days ago
Morningstar22 Nov 202308:00 am16 days ago
PR Newswire13 Nov 202308:00 am25 days ago
Nasdaq10 Nov 202308:00 am28 days ago
Nasdaq09 Nov 202308:00 am29 days ago
Defense World30 Oct 202307:00 am39 days ago
PR Newswire26 Oct 202307:00 am43 days ago
PR Newswire18 Oct 202307:00 am51 days ago
Nasdaq18 Oct 202307:00 am51 days ago
Yahoo Finance19 Sep 202307:00 am2 months ago

Financials for Columbia Banking System Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue3.0%696676476180168256236148135127126133127126131133133135129130128
EBITDA Margin---1.26*1.53*1.52*1.52*1.52*1.51*1.54*1.52*1.45*1.37*1.34*1.34*1.39*1.45*-----
Interest Expenses-100.0%-48437575.00162248229146133125124131125122122125122125121124123
Income Taxes5.3%48.0046.00-4.896.0017.0027.0030.0013.0013.0015.0013.0017.0010.008.003.0012.0012.0012.0011.0011.0011.00
Earnings Before Taxes----87.0082.0075.0073.0056.0066.0070.0064.0075.0055.0045.0018.0058.0063.0064.0057.0055.0058.00
EBT Margin---0.33*0.49*0.47*0.47*0.48*0.48*0.53*0.51*0.47*0.37*0.34*0.35*0.38*0.46*-----
Net Income1.9%136133-14.0483.0084.0079.0091.0043.0053.0055.0052.0058.0045.0037.0015.0046.0051.0052.0046.0045.0046.00
Net Income Margin-100.0%-0.19*0.24*0.52*0.36*0.37*0.37*0.38*0.42*0.41*0.37*0.30*0.27*0.28*0.31*------
Free Cashflow-100.0%-266-42.4575.0060.0097.0061.0044.0060.0066.0058.0047.0058.0015.0064.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-3.0%51,99453,59253,99431,84920,40520,56420,96420,94518,60218,01317,33516,58516,23315,92114,03914,08013,75813,09113,06413,09512,957
    Cash Equivalents-29.5%2,4043,4073,6351,2953181,0032,6652,7628978328846549301,098216248299259212278242
  Net PPE-8.4%338369375176162169170172157159160162164164165165165167168169170
  Goodwill2.9%1,0291,0001,030-823823823823766766766766766766766766766766766766766
Liabilities-2.9%47,36248,76449,11029,36918,29018,32118,60318,35716,27915,68015,06014,23713,93113,64411,82511,92011,59610,95710,97611,06110,975
Shareholder's Equity-4.1%4,6324,8284,8852,4802,4182,5182,6082,7492,3232,3332,2752,3482,3022,2772,2142,1602,1622,1342,0892,0341,981
  Retained Earnings11.0%-485-545-603-543805763728694651642607575537512496520494463443427411
Shares Outstanding0.0%20920920812979.0012912979.0071.0071.0071.0072.0071.0071.0071.0072.0072.0072.0073.0073.0072.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations31.5%350,110266,326-38,96776,967-356,798305,190275,32545,96461,65968,37059,07248,52560,66017,74265,36549,93456,30346,03852,47265,95856,788
  Share Based Compensation30.1%4,3383,3355,6444,0997,3222,2832,4544,0913,8993,9083,0282,8193,0092,7372,1722,4442,2992,2432,2852,1232,148
Cashflow From Investing2628.1%231,9428,502461,313163,8071,258,354-1,383,712-434,139-424,921-554,275-711,449-667,715-621,596-503,565-896,857103,233-405,309-589,20278,64050,421-87,380-363,219
Cashflow From Financing-215.4%-1,585,573-502,7971,918,196-266,708350,445-584,33362,629306,196558,559590,126839,362296,592275,4571,761,052-200,515304,443572,845-78,092-168,40756,847285,054
  Dividend Payments0.0%74,90374,86645,58223,438-20,23645,58045,53223,86819,67820,13420,11019,87919,88019,89035,86020,08920,31130,76130,75029,29119,044
  Buy Backs-80.1%1487425,21613.0041.0072.004,037-4,10029.0076.003,995-12.0016.008.0020,00027,97819.00314--1,33033.00

COLB Income Statement

2023-09-30
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
INTEREST INCOME    
Interest and fees on loans and leases$ 569,670$ 278,830$ 1,535,874$ 727,908
Interest and dividends on investment securities:    
Taxable80,06618,175198,83154,156
Exempt from federal income tax6,9291,32217,1434,063
Dividends4,941868,241256
Interest on temporary investments and interest bearing deposits34,4075,11587,6049,387
Total interest income696,013303,5281,847,693795,770
INTEREST EXPENSE    
Interest on deposits126,9749,090290,99517,021
Interest on securities sold under agreement to repurchase and federal funds purchased1,2205452,697674
Interest on borrowings77,080798186,848897
Interest on junior and other subordinated debentures9,8645,49127,60512,641
Total interest expense215,13815,924508,14531,233
Net interest income480,875287,6041,339,548764,537
PROVISION FOR CREDIT LOSSES 36,73727,572158,29051,068
Net interest income after provision for credit losses444,138260,0321,181,258713,469
NON-INTEREST INCOME    
Residential mortgage banking revenue, net7,10317,34112,577108,671
Gain on sale of debt securities, net4042
Loss on equity securities, net(2,055)(2,647)(336)(7,383)
Gain on loan and lease sales, net1,8711,5253,2535,165
Bank owned life insurance income4,4402,02311,2936,220
Noninterest Income, Other Operating Income(5,117)(10,571)12,297(12,670)
Total non-interest income43,98129,445138,394164,649
NON-INTEREST EXPENSE    
Salaries and employee benefits159,041109,164458,531333,244
Occupancy and equipment, net43,07035,042135,320104,430
Communications4,5892,54211,9727,881
Marketing2,8861,5055,8825,552
Services14,34113,35541,27839,094
FDIC assessments11,2003,00728,89210,477
Intangible amortization29,8791,02578,0923,076
Merger related expenses18,938769164,4855,719
Other expenses20,20311,55551,07230,495
Total non-interest expense304,147177,964975,524539,968
Income before provision for income taxes183,972111,513344,128338,150
Provision for income taxes48,12727,47388,94484,362
Net income$ 135,845$ 84,040$ 255,184$ 253,788
Earnings per common share (1):    
Basic (in dollars per share)[1]$ 0.65$ 0.65$ 1.34$ 1.96
Diluted (in dollars per share)[1]$ 0.65$ 0.65$ 1.33$ 1.96
Weighted average number of common shares outstanding (1):    
Basic (in shares)[1]208,070129,319190,997129,262
Diluted (in shares)[1]208,645129,733191,546129,702
Service charges on deposits    
NON-INTEREST INCOME    
Revenue from contract with customer$ 17,410$ 12,632$ 48,176$ 36,226
Card-based Fees    
NON-INTEREST INCOME    
Revenue from contract with customer15,6749,11540,67028,353
Financial services and trust revenue    
NON-INTEREST INCOME    
Revenue from contract with customer$ 4,651$ 27$ 10,460$ 65
[1]Periods prior to February 28, 2023 have been restated as a result of the adjustment to common shares outstanding based on the exchange ratio from the Merger of 0.5958.

COLB Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited)
$ in Thousands
Sep. 30, 2023
USD ($)
Dec. 31, 2022
USD ($)
ASSETS  
Cash and due from banks (restricted cash of $0 and $5,808)$ 492,474$ 327,313
Interest bearing cash and temporary investments (restricted cash of $4,535 and $4,688)1,911,221967,330
Total cash and cash equivalents2,403,6951,294,643
Investment securities  
Equity and other, at fair value73,63872,959
Available for sale, at fair value8,503,9863,196,166
Held to maturity2,3442,476
Loans held for sale60,31371,647
Loans and leases (at fair value: $257,911 and $285,581)37,170,59826,155,981
Allowance for credit losses on loans and leases(416,560)(301,135)
Net loans and leases36,754,03825,854,846
Restricted equity securities168,52447,144
Premises and equipment, net337,855176,016
Operating lease right-of-use assets114,22078,598
Goodwill1,029,2340
Other intangible assets, net636,8834,745
Residential mortgage servicing rights, at fair value117,640185,017
Bank owned life insurance648,232331,759
Deferred tax asset, net469,841132,823
Other assets673,372399,800
Total assets51,993,81531,848,639
Deposits  
Non-interest bearing15,532,94810,288,849
Interest bearing26,091,42016,776,763
Total deposits41,624,36827,065,612
Securities sold under agreements to repurchase258,383308,769
Borrowings3,985,000906,175
Junior subordinated debentures, at fair value331,545323,639
Junior and other subordinated debentures, at amortized cost107,95287,813
Operating lease liabilities129,84591,694
Other liabilities924,560585,111
Total liabilities47,361,65329,368,813
COMMITMENTS AND CONTINGENCIES (Note 9)
SHAREHOLDERS' EQUITY  
Preferred Stock, no par value, shares authorized: 2,000,000, issued and outstanding: 000
Common stock, no par value, shares authorized: 520,000,000 in 2023 and 238,320,000(1) in 2022; issued and outstanding: 208,575,479 in 2023 and 129,320,962(1) in 20225,798,1673,450,493
Accumulated deficit(485,576)(543,803)
Accumulated other comprehensive loss(680,429)(426,864)
Total shareholders' equity4,632,1622,479,826
Total liabilities and shareholders' equity$ 51,993,815$ 31,848,639
COLB
Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides commercial and retail banking services. The company offers deposit products, including interest-bearing checking, savings, money market, and certificate of deposit accounts. It also provides home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; and agricultural loans, asset-based loans, builder and other commercial real estate loans, and loans guaranteed by the SBA, as well as offer a suite of business edge loans designed for small businesses to expand, purchase equipment, or in need of working capital. In addition, the company offers debit and credit cards, foreign currency, treasury management, merchant card services, international banking, private banking, trust and investment, and other financial services. It operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington states. The company serves high net worth individuals and families, select non-profits, and professional services firms. The company was founded in 1953 and is headquartered in Tacoma, Washington.
 CEO
 WEBSITEwww.columbiabankingsystem.com
 EMPLOYEES3500

Columbia Banking System Inc Frequently Asked Questions


What is the ticker symbol for Columbia Banking System Inc? What does COLB stand for in stocks?

COLB is the stock ticker symbol of Columbia Banking System Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Columbia Banking System Inc (COLB)?

As of Thu Dec 07 2023, market cap of Columbia Banking System Inc is 5.08 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of COLB stock?

You can check COLB's fair value in chart. The fair value of Columbia Banking System Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Columbia Banking System Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for COLB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Columbia Banking System Inc a good stock to buy?

The fair value guage provides a quick view whether COLB is over valued or under valued. Whether Columbia Banking System Inc is cheap or expensive depends on the assumptions which impact Columbia Banking System Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for COLB.

What is Columbia Banking System Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, COLB's PE ratio (Price to Earnings) is 15.03 and Price to Sales (PS) ratio is 2.51. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. COLB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Columbia Banking System Inc's stock?

In the past 10 years, Columbia Banking System Inc has provided 0.024 (multiply by 100 for percentage) rate of return.