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Columbia Banking System (COLB)
NASDAQ:COLB
Columbia Banking System (COLB) Stock Price & Analysis
192 Followers
COLB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$16.32 - $27.56
Previous Close$19.12
Volume2.59M
Average Volume (3M)3.04M
Market Cap
$3.99B
Enterprise Value$8.44B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.45B
Price to Earnings (P/E)8.2
Beta1.04
Next Earnings
Jul 25, 2024EPS Estimate
$0.56Last Dividend Ex-Date
Feb 22, 2024Dividend Yield7.57%
Share Statistics
EPS (TTM)2.33
Shares Outstanding208,625,649
10 Day Avg. Volume2,561,454
30 Day Avg. Volume3,040,134
Standard Deviation0.10
R-Squared0.14
Alpha-0.00819
Financial Highlights & Ratios
Price to Book (P/B)1.18
Price to Sales (P/S)1.98
Price to Cash Flow (P/CF)10.80
P/FCF Ratio3.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.22
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$21.40Price Target Upside13.77% Upside
Rating ConsensusHold
Number of Analyst Covering10
Columbia Banking System News
PremiumCompany Announcements
Columbia Banking System Schedules Investor Presentation Event
PremiumCompany Announcements
Columbia Banking System Q1 Earnings Call ScheduledBulls Say, Bears Say
Bulls Say
Cost ReductionsColumbia Banking System implemented several expense savings initiatives, including headcount reductions, expected to reduce annualized expenses by $43 million.
Credit OutlookCredit outlook remains encouraging with no near-term signs of systemic issues in most portfolios.
Operating EfficiencyManagement is implementing strategies to improve operating efficiency, which is expected to lower annualized core expense run rate and could have constructive implications for future costs.
Bears Say
Credit PerformanceCredit metrics were generally weaker with higher net charge-offs and nonperforming assets sequentially.
Earnings GuidanceEarnings per share (EPS) have been adjusted downwards due to decreased net interest income and increased credit losses.
Profitability ConcernsDespite the cost-cutting measures, the stock is expected to remain under pressure until a positive earnings trend emerges.
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Ownership Overview
1.36% Insiders
36.69% Mutual Funds
29.85% Other Institutional Investors
32.09% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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COLB FAQ
What was Columbia Banking System’s price range in the past 12 months?
Columbia Banking System lowest stock price was $16.32 and its highest was $27.56 in the past 12 months.
What is Columbia Banking System’s market cap?
Currently, no data Available
When is Columbia Banking System’s upcoming earnings report date?
Columbia Banking System’s upcoming earnings report date is Jul 25, 2024 which is in 84 days.
How were Columbia Banking System’s earnings last quarter?
Columbia Banking System released its earnings results on Apr 25, 2024. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.527 by $0.123.
Is Columbia Banking System overvalued?
According to Wall Street analysts Columbia Banking System’s price is currently Undervalued.
Does Columbia Banking System pay dividends?
Columbia Banking System pays a Quarterly dividend of $0.36 which represents an annual dividend yield of 7.57%. See more information on Columbia Banking System dividends here
What is Columbia Banking System’s EPS estimate?
Columbia Banking System’s EPS estimate is $0.56.
How many shares outstanding does Columbia Banking System have?
Columbia Banking System has 208,625,660 shares outstanding.
What happened to Columbia Banking System’s price movement after its last earnings report?
Columbia Banking System reported an EPS of $0.65 in its last earnings report, beating expectations of $0.527. Following the earnings report the stock price went up 0.579%.
Which hedge fund is a major shareholder of Columbia Banking System?
Among the largest hedge funds holding Columbia Banking System’s share is Pzena Investment Management LLC. It holds Columbia Banking System’s shares valued at 50M.
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Columbia Banking System Stock Smart Score
Neutral
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$21.40 (13.77% Upside)
$21.40 (13.77% Upside)
Blogger Sentiment
Bullish
COLB Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 452.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 8.6%
Last 30 Days ▲ 8.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.55%
12-Months-Change
Fundamentals
Return on Equity
9.89%
Trailing 12-Months
Asset Growth
-3.28%
Trailing 12-Months
Company Description
Columbia Banking System
Columbia Banking System, Inc. is a bank holding company, which engages in the provision of financial services. It specializes in personal, business, and wealth management. It offers checking and savings accounts; debit and credit cards; digital banking; personal loans; home loans; foreign currency; professional banking; treasury management; merchant card services; international banking; financial services; private banking; and trust and investment services. The company was founded in 1988 and is headquartered in Tacoma, WA.
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COLB Company Deck
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COLB Earnings Call
Q1 2023
0:00 / 0:00
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COLB Stock 12 Months Forecast
Average Price Target
$21.40
▲(13.77% Upside)
Technical Analysis
Washington Federal
―
Southside Bancshares
―
First Interstate Bancsystem
―
UMB Financial
―
Best Analysts Covering COLB
1 Year
1 Year Success Rate
6/15 ratings generated profit
1 Year Average Return
+7.55%
assigned a buy rating 6 days ago
Copying Matthew Clark's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +7.55% per trade.
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