Columbia Banking System
Market Cap
US$2.5b
Last Updated
2019/08/20 23:36 UTC
Data Sources
Company Financials +
Executive Summary
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 Washington, Oregon, and Idaho.
Snowflake
Fundamentals
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Columbia Banking System's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.7%
NasdaqGS:COLB
-1.8%
US Banks
0.2%
US Market
1 Year Return
-20.5%
NasdaqGS:COLB
-15.3%
US Banks
-0.7%
US Market
COLB underperformed the Banks industry which returned -13.6% over the past year.
COLB underperformed the Market in United States of America which returned 0.3% over the past year.
Share holder returns
| COLB | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -1.8% | 0.2% |
| 30 Day | -3.3% | -6.4% | -2.7% |
| 90 Day | -3.5% | -4.0% | 1.6% |
| 1 Year | -17.1%-20.5% | -12.9%-15.3% | 1.6%-0.7% |
| 3 Year | 16.9%6.5% | 41.3%31.7% | 40.0%30.9% |
| 5 Year | 57.8%30.9% | 50.8%34.5% | 53.8%36.8% |
Price Volatility Vs. Market
How volatile is Columbia Banking System's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Introducing Columbia Banking System (NASDAQ:COLB), A Stock That Climbed 32% In The Last Five Years2 weeks ago | Simply Wall St
Be Sure To Check Out Columbia Banking System, Inc. (NASDAQ:COLB) Before It Goes Ex-Dividend1 month ago | Simply Wall St
Does Columbia Banking System, Inc. (NASDAQ:COLB) Have A High Beta?Valuation
Is Columbia Banking System undervalued based on future cash flows and its price relative to the stock market?
6%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Columbia Banking System's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Columbia Banking System's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Columbia Banking System is overvalued based on earnings compared to the US Banks industry average.
Columbia Banking System is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Columbia Banking System earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
Columbia Banking System is overvalued based on assets compared to the US Banks industry average.
Next Steps
Future Growth
How is Columbia Banking System expected to perform in the next 1 to 3 years based on estimates from 7 analysts?
-0.05%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Columbia Banking System's revenue is expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
Columbia Banking System's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Columbia Banking System's revenue growth is positive but not above the United States of America market average.
Columbia Banking System's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Columbia Banking System's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Columbia Banking System will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Columbia Banking System performed over the past 5 years?
17.2%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Columbia Banking System's year on year earnings growth rate has been positive over the past 5 years.
Columbia Banking System's 1-year earnings growth exceeds its 5-year average (36.9% vs 17.2%)
Columbia Banking System's earnings growth has exceeded the US Banks industry average in the past year (36.9% vs 33.2%).
Return on Equity
Columbia Banking System has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Columbia Banking System used its assets more efficiently than the US Banks industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Columbia Banking System improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Columbia Banking System's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Information is not available.
Information is not available.
Financial Institutions Analysis
Columbia Banking System has an acceptable proportion of non-loan assets held.
Columbia Banking System has a sufficient allowance for bad loans.
Columbia Banking System's liabilities are made up of primarily low risk sources of funding.
Columbia Banking System's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
Loans at Columbia Banking System are broadly funded by customer deposits.
Columbia Banking System has an acceptable level of bad loans (less than 2%).
Next Steps
Dividend
What is Columbia Banking System's current dividend yield, its reliability and sustainability?
3.91%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Columbia Banking System's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).
Columbia Banking System's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Columbia Banking System's salary, the management and board of directors tenure and is there insider trading?
2.1yrs
Average management tenure
CEO
Hadley Robbins (62yo)
2.1yrs
Tenure
US$2,401,986
Compensation
Mr. Hadley S. Robbins serves as President and Chief Executive Officer of Columbia Banking System, Inc., (“Columbia”) and Columbia State Bank since July 01, 2017. Mr. Robbins served as Interim Chief Executi ...
CEO Compensation Analysis
Hadley's remuneration is lower than average for companies of similar size in United States of America.
Hadley's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
2.1yrs
Average Tenure
55yo
Average Age
The tenure for the Columbia Banking System management team is about average.
Board Age and Tenure
4.9yrs
Average Tenure
61.5yo
Average Age
The tenure for the Columbia Banking System board of directors is about average.
Insider Trading
Columbia Banking System individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 143 |
| Max Price | US$32.56 |
| Entity | Individual |
| Role | Head of Human Resources Executive VP & Chief Human Resources Officer |
| Shares | 173 |
| Max Price | US$32.56 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 259 |
| Max Price | US$32.56 |
| Entity | Individual |
| Shares | 3,481 |
| Max Price | US$35.06 |
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 657 |
| Max Price | US$38.32 |
| Entity | Individual |
| Role | Head of Human Resources Executive VP & Chief Human Resources Officer |
| Shares | 89 |
| Max Price | US$32.66 |
| Entity | Individual |
| Role | Chief Operating Officer Executive VP & COO |
| Shares | 66 |
| Max Price | US$32.66 |
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 210 |
| Max Price | US$32.66 |
| Entity | Individual |
| Shares | 3,074 |
| Max Price | US$38.33 |
| Entity | Individual |
| Role | Head of Human Resources Executive VP & Chief Human Resources Officer |
| Shares | 1,813 |
| Max Price | US$41.89 |
Ownership Breakdown
Management Team
Hadley Robbins (62yo)
President
- Tenure: 2.1yrs
- Compensation: US$2.40m
Lisa Dow (59yo)
Executive VP & Chief Risk Officer
- Tenure: 0.0yrs
Clint Stein (47yo)
Executive VP & COO
- Tenure: 2.1yrs
- Compensation: US$1.09m
Dave Lawson (60yo)
Executive VP & Chief Human Resources Officer
- Tenure: 6.1yrs
- Compensation: US$775.89k
David Devine
Executive VP & Chief Marketing Officer
- Tenure: 0.0yrs
Kumi Baruffi (48yo)
Executive VP
- Tenure: 4.9yrs
- Compensation: US$760.06k
Brock Lakely
Senior VP & Chief Accounting Officer
- Tenure: 1.2yrs
Greg Sigrist (51yo)
Executive VP & CFO
- Tenure: 1.2yrs
- Compensation: US$713.01k
Eric Eid
Executive VP and Chief Innovation & Technology Officer
- Tenure: 1.3yrs
Amy L. Betts
Head of Investor Relations
- Tenure: 0.0yrs
Board Members
Thomas Hulbert (72yo)
Director
- Tenure: 20.6yrs
- Compensation: US$151.97k
Hadley Robbins (62yo)
President
- Tenure: 2.1yrs
- Compensation: US$2.40m
Ford Elsaesser (67yo)
Director
- Tenure: 4.8yrs
- Compensation: US$141.97k
Craig Eerkes (67yo)
Chairman of the Board
- Tenure: 1.3yrs
- Compensation: US$169.22k
Michelle Lantow (57yo)
Director
- Tenure: 7.5yrs
- Compensation: US$154.13k
Mae Numata (63yo)
Director
- Tenure: 7.5yrs
- Compensation: US$141.83k
Betsy Seaton (58yo)
Director
- Tenure: 5.3yrs
- Compensation: US$139.22k
Mark Finkelstein (60yo)
Director
- Tenure: 4.9yrs
- Compensation: US$136.97k
Eric Forrest (52yo)
Director
- Tenure: 1.8yrs
- Compensation: US$136.32k
Randy Lund (61yo)
Director
- Tenure: 2.1yrs
- Compensation: US$138.97k
Company Information
Columbia Banking System, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Columbia Banking System, Inc.
- Ticker: COLB
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.513b
- Shares outstanding: 72.94m
- Website: https://www.columbiabank.com
Number of Employees
Location
- Columbia Banking System, Inc.
- 1301 A Street
- Tacoma
- Washington
- 98402
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COLB | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jun 1992 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/20 23:36 |
| End of Day Share Price | 2019/08/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.