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Columbia Banking System (COLB)
NASDAQ:COLB
Holding COLB?
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COLB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$17.08 - $28.12
Previous Close$23.88
Volume655.81K
Average Volume (3M)1.95M
Market Cap
$4.88B
Enterprise Value$9.34B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$4.33B
Price to Earnings (P/E)10.6
Beta1.08
Next Earnings
Oct 24, 2024EPS Estimate
$0.61Last Dividend Ex-Date
Aug 23, 2024Dividend Yield5.99%
Share Statistics
EPS (TTM)2.27
Shares Outstanding209,481,301
10 Day Avg. Volume1,516,219
30 Day Avg. Volume1,952,496
Standard Deviation0.11
R-Squared0.10
Alpha-0.00361
Financial Highlights & Ratios
Price to Book (P/B)1.00
Price to Sales (P/S)2.72
Price to Cash Flow (P/CF)8.40
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.69
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$25.85Price Target Upside11.04% Upside
Rating ConsensusHold
Number of Analyst Covering10
Columbia Banking System News
PremiumCompany Announcements
Columbia Banking System Announces Earnings Call and PresentationBulls Say, Bears Say
Bulls Say
Cost OptimizationThe staff optimization, at a cost of $13MM in restructuring, is expected to produce $25MM in annual cost saves.
Expense SavingsColumbia Banking System implemented several expense savings initiatives, including headcount reductions, which are expected to reduce annualized expenses by $43 million.
Financial PerformanceCore PPNR of $199 million was above forecast of $184 million and consensus of $189 million.
Bears Say
Credit MetricsCredit metrics were generally weaker with higher net charge-offs and nonperforming assets sequentially.
Deposit GrowthDeposit growth was weaker than expected, and saw a continued negative mix shift, although noninterest bearing outflows stabilized post-January.
Net Interest IncomeNII down a group-high 7%, slightly below our est., but telegraphed by the company throughout the quarter.
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Ownership Overview
1.37% Insiders
38.39% Mutual Funds
49.90% Other Institutional Investors
10.34% 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 $17.07 and its highest was $28.11 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 Oct 24, 2024 which is in 43 days.
How were Columbia Banking System’s earnings last quarter?
Columbia Banking System released its earnings results on Jul 25, 2024. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.567 by $0.103.
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 5.99%. See more information on Columbia Banking System dividends here
What is Columbia Banking System’s EPS estimate?
Columbia Banking System’s EPS estimate is $0.61.
How many shares outstanding does Columbia Banking System have?
Columbia Banking System has 209,481,310 shares outstanding.
What happened to Columbia Banking System’s price movement after its last earnings report?
Columbia Banking System reported an EPS of $0.67 in its last earnings report, beating expectations of $0.567. Following the earnings report the stock price went up 11.587%.
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 48M.
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Columbia Banking System Stock Smart Score
Unlock Smart Score
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$25.85 (11.04% Upside)
$25.85 (11.04% Upside)
Blogger Sentiment
Bullish
COLB Sentiment 66%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 358.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.73%
12-Months-Change
Fundamentals
Return on Equity
9.66%
Trailing 12-Months
Asset Growth
-2.88%
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 Month Forecast
Average Price Target
$25.85
▲(11.04% Upside)
Technical Analysis
Best Analysts Covering COLB
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+11.27%
reiterated a buy rating 2 months ago
Copying Matthew Clark's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +11.27% per trade.
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