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Columbia Banking System Inc Stock Research

COLB

20.52USD+0.33(+1.63%)Market Closed

Market Summary

USD20.52+0.33
Market Closed
1.63%

COLB Alerts

COLB Stock Price

COLB RSI Chart

COLB Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

6.45

Price/Sales (Trailing)

2.5

EV/EBITDA

1.34

Price/Free Cashflow

5.5

COLB Price/Sales (Trailing)

COLB Profitability

EBT Margin

49.13%

Return on Equity

11.3%

Return on Assets

1.23%

Free Cashflow Yield

18.19%

COLB Fundamentals

COLB Revenue

Revenue (TTM)

646.5M

Revenue Y/Y

21.68%

Revenue Q/Q

7.38%

COLB Earnings

Earnings (TTM)

250.2M

Earnings Y/Y

60.58%

Earnings Q/Q

6.1%

Price Action

52 Week Range

19.5935.53
(Low)(High)

Last 7 days

-6.5%

Last 30 days

-32.6%

Last 90 days

-30.5%

Trailing 12 Months

-36.3%

COLB Financial Health

COLB Investor Care

Dividend Yield

5.85%

Dividend/Share (TTM)

1.2

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

3.2

Peers (Alternatives to Columbia Banking System)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
56.4B
40.0B
-8.98% -31.24%
5.3
1.79
34.99% -10.60%
20.1B
6.2B
-25.47% -35.61%
14.56
3.21
58.61% -25.85%
15.3B
7.1B
-25.67% -34.02%
7.39
2.17
45.54% -10.61%
MID-CAP
7.7B
2.3B
-27.78% -31.39%
6.84
3.32
43.40% 29.22%
6.9B
999.0M
-12.47% -19.22%
14.12
6.9
17.76% -7.98%
6.3B
5.7B
-67.21% -80.32%
3.9
1.11
72.48% -22.38%
5.8B
1.1B
-15.03% -9.45%
10.96
5.25
4.58% 1.01%
4.6B
432.9M
-13.79% -27.60%
19.55
10.59
15.00% 3.04%
3.9B
2.5B
-23.06% -34.29%
3.54
1.58
16.17% 17.94%
3.6B
2.7B
-54.27% -60.94%
3.36
1.32
62.28% 17.58%
SMALL-CAP
1.9B
450.9M
-13.73% -5.77%
9.54
4.13
1.16% -2.82%
1.7B
380.5M
-21.10% -30.57%
16.27
4.55
51.31% -14.39%
1.6B
674.7M
-21.79% -19.17%
7.78
2.45
14.59% -3.52%
1.6B
239.6M
-12.16% -14.61%
15.6
6.76
23.99% 8.44%

Financials for Columbia Banking System

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.2%646614581558536
EBITDA5.7%990936881846-
EBITDA Margin0.5%1.53*1.52*1.52*1.52*-
Earnings Before Taxes10.8%318287271265257
EBT Margin5.3%0.49*0.47*0.47*0.48*-
Interest Expenses3.5%623602572550528
Net Income11.6%250224212208203
Net Income Margin6.1%0.39*0.36*0.37*0.37*-
Free Cahsflow11.9%293262263231-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.7%20,26620,40520,56420,96420,945
    Cash Equivalents-8.2%292318414972825
  Net PPE-0.8%161162169170172
  Goodwill0%823823823823823
Liabilities-1.3%18,05318,29018,32118,60318,357
Shareholder's Equity4.6%2,2132,1152,2432,3612,589
  Retained Earnings5.6%850805763728694
Shares Outstanding0.0%79.0079.0079.0079.0079.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations11.5%301270269238235
  Share Based Compensation0.0%16.0016.0016.0016.0015.00
Cashflow From Investing59.8%-395-984-1,432-1,825-2,358
Cashflow From Financing-424.6%-4371357461,6762,294
  Dividend Payments-0.5%94.0095.0091.0088.0084.00
  Buy Backs100.0%0.00-0.12-0.13-0.070.00

Risks for COLB

What is the probability of a big loss on COLB?

83.8%


Probability that Columbia Banking System stock will be more than 20% underwater in next one year

36.5%


Probability that Columbia Banking System stock will be more than 30% underwater in next one year.

18.1%


Probability that Columbia Banking System stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does COLB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Columbia Banking System was unfortunately bought at previous high price.

Drawdowns

Returns for COLB

Cumulative Returns on COLB

2.9%


10-Year Cumulative Returns

-1.8%


7-Year Cumulative Returns

-10.0%


5-Year Cumulative Returns

-2.3%


3-Year Cumulative Returns

What are the long-term rolling returns for COLB?

FIve years rolling returns for Columbia Banking System.

Annualized Returns

Which funds bought or sold COLB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-12.27
-1,451,320
15,617,700
0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
390
2,000
2,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-0.08
93,278
2,310,280
-%
2023-02-24
NATIXIS
sold off
-100
-1,731,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
11.45
102,000
728,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
new
-
31,546
31,546
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-11.37
-564,000
6,471,000
0.01%
2023-02-16
CHARTWELL INVESTMENT PARTNERS, LLC
reduced
-22.84
-1,833,000
7,552,000
0.30%
2023-02-16
Talbot Financial, LLC
new
-
919,568
919,568
0.19%
2023-02-15
State of Wyoming
reduced
-9.16
-1,669
37,331
0.01%

1–10 of 48

Latest Funds Activity

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

Columbia Banking System News

MarketBeat

StockNews.com Begins Coverage on Columbia Banking System ....

MarketBeat,
7 hours ago

North Bay Business Journal

The Business Journals

Seeking Alpha

Schedule 13G FIlings of Columbia Banking System

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

COLB Fair Value

Columbia Banking System fair value in different scenarios

The table shows the Fair Value estimates for Columbia Banking System for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

34.47

67.98%

45.76

123.00%

70.22

242.20%

93.74

356.82%

121.40

491.62%
Current Inflation

31.43

53.17%

41.16

100.58%

61.93

201.80%

81.68

298.05%

104.94

411.40%
Very High Inflation

27.66

34.80%

35.57

73.34%

52.12

154.00%

67.63

229.58%

85.93

318.76%

Historical Columbia Banking System Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Columbia Banking System

View All Filings
Date Filed Form Type Document
Mar 15, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4/A
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading
Mar 10, 2023
4
Insider Trading

Latest Insider Trading transactions for COLB

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-14
Stein Clint
acquired
-
-
17,046
president and ceo
2023-03-08
OGNALL ANDREW H
sold (taxes)
-27,059
27.36
-989
imo general counsel
2023-03-08
Namdar Frank
sold (taxes)
-12,749
27.36
-466
chief credit officer
2023-03-08
Anderson Drew K
sold (taxes)
-7,934
27.36
-290
chief administrative officer
2023-03-08
O'HAVER CORT L
sold (taxes)
-91,683
27.36
-3,351
executive chairman
2023-03-08
Nixon Torran B
sold (taxes)
-65,007
27.36
-2,376
senior executive vp
2023-03-08
Burns Sheri
sold (taxes)
-23,666
27.36
-865
chief human resources officer
2023-03-08
White Lisa M
sold (taxes)
-6,101
27.36
-223
pao & corporate controller
2023-03-08
FARNSWORTH RON L
sold (taxes)
-47,305
27.36
-1,729
chief financial officer
2023-03-02
Burns Sheri
acquired
-
-
2,782
chief human resources officer

1–10 of 50

Clint E. Stein
2260
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. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder, and other commercial real estate loans, as well as loans guaranteed by the small business administration; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; long-term care, and life and disability insurance solutions; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and Roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement, and investment agency and charitable management. It operates a network of 153 branch locations, including 68 in the state of Washington, 59 in Oregon, 15 in Idaho, and 11 in California. The company was founded in 1993 and is headquartered in Tacoma, Washington.

COLB Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income   
Loans$ 495,829$ 415,770$ 426,003
Taxable securities133,084107,59481,578
Tax-exempt securities14,82011,7469,567
Deposits in banks2,748955661
Total interest income646,481536,065517,809
Interest Expense   
Deposits16,5336,1869,367
FHLB advances and FRB borrowings4,6592916,264
Subordinated debentures8071,9321,871
Other borrowings1,646137196
Total interest expense23,6458,54617,698
Net Interest Income622,836527,519500,111
Provision for credit losses1,9504,80077,700
Net interest income after provision for credit losses620,886522,719422,411
Noninterest Income   
Deposit account and treasury management fees31,49827,10727,019
Card revenue20,18618,50313,928
Financial services and trust revenue17,65915,75312,830
Loan revenue12,58222,04424,802
Bank owned life insurance7,6366,5336,418
Investment securities gains (losses), net(9)31416,710
Other9,5923,8402,793
Total noninterest income99,14494,094104,500
Noninterest Expense   
Compensation and employee benefits241,139224,034209,722
Occupancy41,15037,81536,013
Data processing and software41,11733,49829,449
Legal and professional fees20,57818,91012,158
Amortization of intangibles8,6987,9878,724
Business and Occupation taxes6,7975,9034,970
Advertising and promotion3,9623,3834,466
Regulatory premiums6,6194,9122,956
Net cost (benefit) of operation of OREO11466(315)
Other32,20923,79626,376
Total noninterest expense402,383360,304334,519
Income before income taxes317,647256,509192,392
Income tax provision67,46953,68938,148
Net Income$ 250,178$ 202,820$ 154,244
Per Common Share   
Basic earnings per common share$ 3.20$ 2.79$ 2.17
Diluted earnings per common share$ 3.20$ 2.78$ 2.17
Weighted average number of common shares outstanding78,04772,68370,835
Weighted average number of diluted common shares outstanding78,19372,87370,880

COLB Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and Due from Banks$ 262,458$ 153,414
Interest-earning deposits with banks29,283671,300
Total cash and cash equivalents291,741824,714
Debt Securities, Available-for-sale4,589,0995,910,999
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss2,034,7922,148,327
Equity Securities13,42513,425
Federal Home Loan Bank stock at cost48,16010,280
Loans held for sale76,8439,774
Loans, net of unearned income11,610,97310,641,937
Allowance for Credit Loss158,438155,578
Loans, net11,452,53510,486,359
Interest receivable64,90856,019
Premises and equipment, net160,578172,144
Other real estate owned0381
Goodwill823,172823,172
Other intangible assets, net25,94934,647
Other assets684,641455,092
Total Assets20,265,84320,945,333
LIABILITIES AND SHAREHOLDERS' EQUITY  
Noninterest-bearing deposits8,373,3508,856,714
Interest-bearing deposits8,338,1009,153,401
Total deposits16,711,45018,010,115
Federal Home Loan Bank advances954,3157,359
Securities sold under agreements to repurchase95,16886,013
Subordinated Debentures10,00010,000
Junior Subordinated Notes10,31010,310
Other liabilities271,447232,794
Total liabilities$ 18,052,690$ 18,356,591
Preferred Stock, Authorized shares2,0002,000
Common stock, Authorized shares115,000115,000
Common Stock Shares Issued80,83080,695
Common Stock (no par value)$ 1,944,471$ 1,930,187
Common Stock Shares Outstanding78,64678,511
Retained earnings$ 850,011$ 694,227
Accumulated Other Comprehensive Income, Net of Tax$ (510,495)$ 35,162
Treasury Stock, Shares2,1842,184
Treasury Stock, Value$ (70,834)$ (70,834)
Total shareholders' equity2,213,1532,588,742
Total Liabilities and Shareholders' Equity$ 20,265,843$ 20,945,333