COLB - Columbia Banking System Inc Stock Price, Fair Value and News

20.21USD-0.11 (-0.54%)Market Closed

Market Summary

USD20.21-0.11

Market Closed

-0.54%

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

4.2B

Price/Earnings (Trailing)

8.69

Price/Sales (Trailing)

1.54

EV/EBITDA

0.86

Price/Free Cashflow

4.73

COLB Price/Sales (Trailing)

COLB Profitability

EBT Margin

11.56%

Return on Equity

9.82%

Return on Assets

0.93%

Free Cashflow Yield

21.13%

COLB Fundamentals

COLB Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

43.76%

Rev. Growth (Qtr)

-1.07%

COLB Earnings

Earnings (TTM)

486.8M

Earnings Growth (Yr)

983.89%

Earnings Growth (Qtr)

32.66%

Breaking Down COLB Revenue

Last 7 days

-0.8%

Last 30 days

14.5%

Last 90 days

9.3%

Trailing 12 Months

9.6%

How does COLB drawdown profile look like?

COLB Financial Health

COLB Investor Care

Dividend Yield

7.13%

Dividend/Share (TTM)

1.44

Shares Dilution (1Y)

0.44%

Diluted EPS (TTM)

2.4

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.7B	0	0	0
2023	1.4B	1.8B	2.2B	2.5B
2022	1.1B	1.2B	1.4B	1.1B
2021	513.0M	514.2M	521.3M	962.0M
2020	532.0M	522.8M	517.6M	517.8M
2019	506.8M	521.7M	526.6M	530.0M
2018	406.1M	438.8M	476.1M	497.1M
2017	344.6M	349.1M	352.6M	374.7M
2016	328.6M	329.9M	334.0M	338.0M
2015	314.5M	320.5M	326.0M	328.9M
2014	317.1M	310.9M	306.5M	308.0M
2013	233.6M	253.7M	275.8M	296.9M
2012	266.4M	275.2M	266.2M	248.5M
2011	196.2M	203.4M	219.7M	251.3M
2010	153.7M	164.5M	175.2M	185.9M
2009	0	0	0	143.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Columbia Banking System Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 19, 2024	o'haver cort l	sold (taxes)	-491,166	18.31	-26,825	executive chairman
Mar 08, 2024	o'haver cort l	sold (taxes)	-323,788	19.51	-16,596	executive chairman
Mar 08, 2024	nixon torran b	sold (taxes)	-128,707	19.51	-6,597	senior executive vp
Mar 08, 2024	burns sheri	sold (taxes)	-46,141	19.51	-2,365	chief human resources officer
Mar 08, 2024	anderson drew k	sold (taxes)	-5,813	19.51	-298	chief administrative officer
Mar 08, 2024	white lisa m	sold (taxes)	-19,510	19.51	-1,000	pao & corporate controller
Mar 08, 2024	ognall andrew h	sold (taxes)	-52,774	19.51	-2,705	imo general counsel
Mar 08, 2024	namdar frank	sold (taxes)	-24,855	19.51	-1,274	chief credit officer
Mar 08, 2024	farnsworth ron l	sold (taxes)	-92,301	19.51	-4,731	chief financial officer
Mar 01, 2024	dow lisa	acquired	174,983	17.87	9,792	chief risk officer

Which funds bought or sold COLB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	WealthCollab, LLC	unchanged	-	-1,855	4,896	-%
May 10, 2024	PNC Financial Services Group, Inc.	added	5.84	-111,767	369,139	-%
May 10, 2024	Edgestream Partners, L.P.	new	-	1,673,460	1,673,460	0.08%
May 10, 2024	COOKE & BIELER LP	reduced	-2.3	-17,186,600	41,782,500	0.39%
May 10, 2024	CITIGROUP INC	added	75.05	1,611,850	7,590,520	-%
May 10, 2024	SITTNER & NELSON, LLC	unchanged	-	-299,247	789,964	0.40%
May 10, 2024	LPL Financial LLC	added	9.78	-325,568	1,271,930	-%
May 10, 2024	JPMORGAN CHASE & CO	reduced	-25.86	-10,109,200	11,759,500	-%
May 10, 2024	MACKENZIE FINANCIAL CORP	sold off	-100	-482,001	-	-%
May 10, 2024	GROUP ONE TRADING, L.P.	added	1,668	106,656	115,674	-%

Are Funds Buying or Selling COLB?

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

Unveiling Columbia Banking System Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.43%	21,753,210	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	1.4%	2,975,877	SC 13G/A
Jan 30, 2024	franklin mutual advisers llc	3.7%	7,775,180	SC 13G/A
Jan 25, 2024	blackrock inc.	8.9%	18,472,440	SC 13G/A
Jan 22, 2024	state street corp	4.48%	9,345,530	SC 13G/A
Mar 08, 2023	blackrock inc.	6.5%	5,114,687	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.4%	5,068,751	SC 13G
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

Recent SEC filings of Columbia Banking System Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	8-K	Current Report
May 09, 2024	8-K	Current Report
May 09, 2024	S-8	Employee Benefits Plan
May 09, 2024	S-8	Employee Benefits Plan
May 09, 2024	S-8	Employee Benefits Plan
May 07, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 23, 2024	4	Insider Trading
Apr 18, 2024	4	Insider Trading
Apr 08, 2024	DEFA14A	DEFA14A

Peers (Alternatives to Columbia Banking System Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	570.5B	174.7B	8.69%	48.16%	11.33	3.27	53.11%	19.83%
BAC	299.1B	137.9B	6.85%	41.16%	11.95	2.17	56.12%	-12.56%
WFC	213.6B	85.8B	8.52%	63.46%	11.38	2.49	35.02%	26.14%
C	120.9B	125.0B	6.23%	39.49%	15.13	0.97	37.85%	-
CFG	16.4B	10.4B	8.48%	44.96%	11.43	1.57	26.22%	-33.87%
KEY	14.0B	8.1B	1.78%	65.41%	16.04	1.72	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	3.79%	66.34%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	4.1B	8.06%	95.94%	10.32	1.59	32.93%	-30.73%
ABCB	3.4B	1.3B	9.68%	70.56%	12.1	2.6	30.60%	-12.99%
ASB	3.3B	2.0B	8.96%	50.51%	20.76	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	406.0M	152.4M	2.65%	46.43%	40.84	2.66	16.94%	-73.84%
AROW	395.4M	173.1M	7.98%	20.88%	13.55	2.28	26.54%	-34.86%
ACNB	294.5M	98.7M	5.64%	21.02%	10.01	2.98	6.27%	-22.90%
ASRV	46.0M	62.5M	12.13%	-6.62%	-15.54	0.74	18.83%	-145.18%

Columbia Banking System Inc News

Latest updates

Columbia Banking System Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.1%	684	692	696	676	476	352	304	256	236	574	135	127	126	133	127	126	131	133	133	135	129
EBITDA Margin	-4.7%	0.85*	0.89*	0.94*	1.02*	1.13*	1.23*	1.19*	1.21*	1.24*	1.26*	1.54*	1.52*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.7%	423	454	481	484	375	305	288	248	229	538	133	125	124	131	125	122	122	125	122	125	121
Income Taxes	34.2%	45.00	34.00	48.00	46.00	-4.89	29.00	27.00	27.00	30.00	97.00	13.00	15.00	13.00	17.00	10.00	8.00	3.00	12.00	12.00	12.00	11.00
Earnings Before Taxes	-	-	-	-	-	-	87.00	82.00	75.00	73.00	56.00	66.00	70.00	64.00	75.00	55.00	45.00	18.00	58.00	63.00	64.00	57.00
EBT Margin	-7.6%	0.12*	0.13*	0.14*	0.18*	0.23*	0.28*	0.21*	0.23*	0.25*	0.27*	0.53*	0.51*	-	-	-	-	-	-	-	-	-
Net Income	32.7%	124	94.00	136	133	-14.04	83.00	84.00	79.00	91.00	260	53.00	55.00	52.00	58.00	45.00	37.00	15.00	46.00	51.00	52.00	46.00
Net Income Margin	29.0%	0.18*	0.14*	0.15*	0.16*	0.17*	0.29*	0.38*	0.40*	0.43*	0.44*	0.42*	0.41*	-	-	-	-	-	-	-	-	-
Free Cashflow	100.8%	186	92.00	350	266	-42.45	139	324	304	272	462	60.00	66.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.1%	52,224	52,174	51,994	53,592	53,994	31,849	20,405	20,564	20,964	20,945	18,602	18,013	17,335	16,585	16,233	15,921	14,039	14,080	13,758	13,091	13,064
Cash Equivalents	1.8%	2,201	2,163	2,404	3,407	3,635	1,295	1,554	1,003	2,665	2,762	897	832	884	2,573	930	1,098	216	248	299	259	212
Net PPE	-0.6%	337	339	338	369	375	176	162	169	170	172	157	159	160	162	164	164	165	165	165	167	168
Goodwill	2.9%	1,029	1,000	1,029	1,029	1,030	-	823	823	823	823	766	766	766	766	766	766	766	766	766	766	766
Liabilities	0.2%	47,267	47,179	47,362	48,764	49,110	29,369	18,290	18,321	18,603	18,357	16,279	15,680	15,060	14,237	13,931	13,644	11,825	11,920	11,596	10,957	10,976
Shareholder's Equity	-0.8%	4,957	4,995	4,632	4,828	4,885	2,480	2,418	2,518	2,608	2,749	2,323	2,333	2,275	2,705	2,302	2,277	2,214	2,160	2,162	2,134	2,089
Retained Earnings	10.4%	-418	-467	-485	-545	-603	-543	805	763	728	694	651	642	607	575	537	512	496	520	494	463	443
Shares Outstanding	0.4%	209	209	209	209	208	129	129	129	129	130	71.00	71.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,377	-	-	-	2,240	-	-	-	2,750	-	-	-	2,018	-	-	-	2,623	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	100.8%	185,508	92,371	350,110	266,326	-38,967	160,363	324,151	305,190	275,325	473,622	61,659	68,370	59,072	48,525	60,660	17,742	65,365	49,934	56,303	46,038	52,472
Share Based Compensation	-7.0%	4,422	4,756	4,338	3,335	5,644	2,499	2,517	2,283	2,454	71.00	3,899	3,908	3,028	2,819	3,009	2,737	2,172	2,444	2,299	2,243	2,285
Cashflow From Investing	61.2%	-77,675	-200,021	231,942	8,502	461,313	-697,694	-1,017,547	-1,383,712	-434,139	399,164	-554,275	-711,449	-667,715	-621,596	-503,565	-896,857	103,233	-405,309	-589,202	78,640	50,421
Cashflow From Financing	48.1%	-69,250	-133,511	-1,585,573	-502,797	1,918,196	278,115	1,244,674	-584,333	62,629	-928,055	558,559	590,126	839,362	296,592	275,457	1,761,052	-200,515	304,443	572,845	-78,092	-168,407
Dividend Payments	0.1%	74,997	74,910	74,903	74,866	45,582	45,580	45,581	45,580	45,532	123,812	19,678	20,134	20,110	19,879	19,880	19,890	35,860	20,089	20,311	30,761	30,750
Buy Backs	2654.0%	4,847	176	148	742	5,216	13.00	41.00	72.00	4,037	76,590	29.00	76.00	3,995	-12.00	16.00	8.00	20,000	27,978	19.00	314	-

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COLB Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans and leases	$ 575,044	$ 413,525
Interest and dividends on investment securities:
Taxable	75,017	39,729
Exempt from federal income tax	6,904	3,397
Dividends	3,707	719
Interest on temporary investments and interest-bearing deposits	23,553	18,581
Total interest income	684,225	475,951
INTEREST EXPENSE
Interest on deposits	198,435	63,613
Interest on securities sold under agreement to repurchase and federal funds purchased	1,266	406
Interest on borrowings	51,275	28,764
Interest on junior and other subordinated debentures	9,887	8,470
Total interest expense	260,863	101,253
Net interest income	423,362	374,698
PROVISION FOR CREDIT LOSSES	17,136	105,539
Net interest income after provision for credit losses	406,226	269,159
NON-INTEREST INCOME
Residential mortgage banking revenue, net	4,634	7,816
Gain on sale of debt securities, net	12	0
(Loss) gain on equity securities, net	(1,565)	2,416
Gain on loan and lease sales, net	221	940
Bank-owned life insurance income	4,639	2,790
Noninterest Income, Other Operating Income	8,705	13,603
Total non-interest income	50,357	54,735
NON-INTEREST EXPENSE
Salaries and employee benefits	154,538	136,092
Occupancy and equipment, net	45,291	41,700
Communications	3,782	3,026
Marketing	1,936	1,059
Services	13,422	12,843
FDIC assessments	14,460	6,113
Intangible amortization	32,091	12,660
Business Combination, Acquisition Related Costs	4,478	115,898
Other expenses	17,518	13,427
Total non-interest expense	287,516	342,818
Income (loss) before provision for income taxes	169,067	(18,924)
Provision (benefit) for income taxes	44,987	(4,886)
Net income (loss)	$ 124,080	$ (14,038)
Earnings (loss) per common share:
Basic (in dollars per share)	$ 0.60	$ (0.09)
Diluted (in dollars per share)	$ 0.59	$ (0.09)
Weighted average number of common shares outstanding:
Basic (in shares)	208,260	156,383
Diluted (in shares)	208,956	156,383
Service charges on deposits
NON-INTEREST INCOME
Revenue from contract with customer	$ 16,064	$ 14,312
Card-based Fees
NON-INTEREST INCOME
Revenue from contract with customer	13,183	11,561
Financial services and trust revenue
NON-INTEREST INCOME
Revenue from contract with customer	$ 4,464	$ 1,297

COLB Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks (restricted cash of $1,447 and $4,200)	$ 440,215	$ 498,496
Interest-bearing cash and temporary investments (restricted cash of $4,050 and $900)	1,760,902	1,664,038
Total cash and cash equivalents	2,201,117	2,162,534
Investment securities
Equity and other, at fair value	77,203	76,995
Available for sale, at fair value	8,616,545	8,829,870
Held to maturity, at amortized cost	2,247	2,300
Loans held for sale	47,201	30,715
Loans and leases (at fair value: $267,806 and $275,140)	37,642,413	37,441,951
Allowance for credit losses on loans and leases	(414,344)	(440,871)
Net loans and leases	37,228,069	37,001,080
Restricted equity securities	116,274	179,274
Premises and equipment, net	336,869	338,970
Operating lease right-of-use assets	113,833	115,811
Goodwill	1,029,234	1,029,234
Other intangible assets, net	571,588	603,679
Residential mortgage servicing rights, at fair value	110,444	109,243
Bank-owned life insurance	682,293	680,948
Deferred tax asset, net	356,031	347,203
Other assets	735,058	665,740
Total assets	52,224,006	52,173,596
Deposits
Non-interest-bearing	13,808,554	14,256,452
Interest-bearing	27,897,606	27,350,568
Total deposits	41,706,160	41,607,020
Securities sold under agreements to repurchase	213,573	252,119
Borrowings	3,900,000	3,950,000
Junior subordinated debentures, at fair value	309,544	316,440
Junior and other subordinated debentures, at amortized cost	107,838	107,895
Operating lease liabilities	129,240	130,576
Other liabilities	900,406	814,512
Total liabilities	47,266,761	47,178,562
COMMITMENTS AND CONTINGENCIES (Note 9)
SHAREHOLDERS' EQUITY
Preferred Stock, no par value, shares authorized: 2,000,000, issued and outstanding: 0	0	0
Common stock, no par value, shares authorized: 520,000,000 in 2024 and 2023; issued and outstanding: 209,370,395 in 2024 and 208,584,667 in 2023	5,802,322	5,802,747
Accumulated deficit	(418,946)	(467,571)
Accumulated other comprehensive loss	(426,131)	(340,142)
Total shareholders' equity	4,957,245	4,995,034
Total liabilities and shareholders' equity	$ 52,224,006	$ 52,173,596

About Columbia Banking System Inc

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	Mr. Clint E. Stein
WEBSITE	columbiabankingsystem.com
INDUSTRY	Banks Diversified
EMPLOYEES	3500

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 Mon May 13 2024, market cap of Columbia Banking System Inc is 4.23 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 for subscribers.

What is the fair value of COLB stock?

You can check COLB's fair value in chart for subscribers. 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 Mon May 13 2024, COLB's PE ratio (Price to Earnings) is 8.69 and Price to Sales (PS) ratio is 1.54. 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 0.016 (multiply by 100 for percentage) rate of return.