Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 5/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 4/6 |
COLB Stock Overview
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.
Columbia Banking System Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$28.80 |
52 Week High | US$40.79 |
52 Week Low | US$26.97 |
Beta | 0.68 |
1 Month Change | -5.11% |
3 Month Change | -10.75% |
1 Year Change | -25.31% |
3 Year Change | -20.29% |
5 Year Change | -28.50% |
Change since IPO | 651.71% |
Recent News & Updates
Shareholder Returns
COLB | US Banks | US Market | |
---|---|---|---|
7D | 1.9% | -0.01% | 1.6% |
1Y | -25.3% | -18.2% | -20.8% |
Return vs Industry: COLB underperformed the US Banks industry which returned -16.9% over the past year.
Return vs Market: COLB underperformed the US Market which returned -20.4% over the past year.
Price Volatility
COLB volatility | |
---|---|
COLB Average Weekly Movement | 4.9% |
Banks Industry Average Movement | 3.8% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: COLB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: COLB's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1993 | 2,260 | Clint Stein | https://www.columbiabank.com |
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.
Columbia Banking System Fundamentals Summary
COLB fundamental statistics | |
---|---|
Market Cap | US$2.24b |
Earnings (TTM) | US$208.27m |
Revenue (TTM) | US$647.03m |
10.8x
P/E Ratio1.0x
P/B RatioIs COLB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
COLB income statement (TTM) | |
---|---|
Revenue | US$647.03m |
Cost of Revenue | US$0 |
Gross Profit | US$647.03m |
Other Expenses | US$438.77m |
Earnings | US$208.27m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 2.67 |
Gross Margin | 100.00% |
Net Profit Margin | 32.19% |
Debt/Equity Ratio | 3.8% |
How did COLB perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield41%
Payout RatioValuation
Is COLB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for COLB?
Other financial metrics that can be useful for relative valuation.
What is COLB's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$2.24b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | n/a |
Enterprise Value/EBITDA | n/a |
PEG Ratio | 0.2x |
Price to Earnings Ratio vs Peers
How does COLB's PE Ratio compare to its peers?
COLB PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 9.9x | ||
FULT Fulton Financial | 9.2x | 12.3% | US$2.4b |
FRME First Merchants | 10.4x | 19.0% | US$2.1b |
WAFD Washington Federal | 10.7x | 11.6% | US$2.0b |
FFBC First Financial Bancorp | 9.2x | 4.7% | US$1.8b |
COLB Columbia Banking System | 10.8x | 55.8% | US$2.2b |
Price-To-Earnings vs Peers: COLB is expensive based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (9.9x).
Price to Earnings Ratio vs Industry
How does COLB's PE Ratio compare vs other companies in the US Banks Industry?
Price-To-Earnings vs Industry: COLB is expensive based on its Price-To-Earnings Ratio (10.8x) compared to the US Banks industry average (9.5x)
Price to Earnings Ratio vs Fair Ratio
What is COLB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 10.8x |
Fair PE Ratio | 29.5x |
Price-To-Earnings vs Fair Ratio: COLB is good value based on its Price-To-Earnings Ratio (10.8x) compared to the estimated Fair Price-To-Earnings Ratio (29.5x).
Share Price vs Fair Value
What is the Fair Price of COLB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: COLB ($28.8) is trading below our estimate of fair value ($56.97)
Significantly Below Fair Value: COLB is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: COLB is good value based on its PEG Ratio (0.2x)
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Future Growth
How is Columbia Banking System forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
55.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COLB's forecast earnings growth (55.8% per year) is above the savings rate (1.9%).
Earnings vs Market: COLB's earnings (55.8% per year) are forecast to grow faster than the US market (13.7% per year).
High Growth Earnings: COLB's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: COLB's revenue (39.7% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: COLB's revenue (39.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COLB's Return on Equity is forecast to be low in 3 years time (12.1%).
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Past Performance
How has Columbia Banking System performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
11.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COLB has high quality earnings.
Growing Profit Margin: COLB's current net profit margins (32.2%) are lower than last year (33.3%).
Past Earnings Growth Analysis
Earnings Trend: COLB's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: COLB's earnings growth over the past year (9.1%) is below its 5-year average (11.5% per year).
Earnings vs Industry: COLB earnings growth over the past year (9.1%) underperformed the Banks industry 20.7%.
Return on Equity
High ROE: COLB's Return on Equity (8.8%) is considered low.
Discover strong past performing companies
Financial Health
How is Columbia Banking System's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score
6/6Financial Health Score 6/6
Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: COLB's Assets to Equity ratio (8.9x) is low.
Allowance for Bad Loans: COLB has a sufficient allowance for bad loans (843%).
Low Risk Liabilities: 98% of COLB's liabilities are made up of primarily low risk sources of funding.
Loan Level: COLB has an appropriate level of Loans to Assets ratio (51%).
Low Risk Deposits: COLB's Loans to Deposits ratio (58%) is appropriate.
Level of Bad Loans: COLB has an appropriate level of bad loans (0.2%).
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Dividend
What is Columbia Banking System current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COLB's dividend (4.17%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: COLB's dividend (4.17%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: COLB's dividend payments have been volatile in the past 10 years.
Growing Dividend: COLB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), COLB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COLB's dividends in 3 years are forecast to be well covered by earnings (34.1% payout ratio).
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.1yrs
Average management tenure
CEO
Clint Stein (49 yo)
2.42yrs
Tenure
US$3,530,394
Compensation
Mr. Clint E. Stein has been President, Chief Executive Officer and Director at Columbia Banking System, Inc and its subsidiary Columbia Bank since January 1, 2020. Since August 2017 until January 1, 2020,...
CEO Compensation Analysis
Compensation vs Market: Clint's total compensation ($USD3.53M) is below average for companies of similar size in the US market ($USD5.49M).
Compensation vs Earnings: Clint's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: COLB's management team is considered experienced (4.1 years average tenure).
Board Members
Experienced Board: COLB's board of directors are considered experienced (7.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: COLB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.9%.
Top Shareholders
Company Information
Columbia Banking System, Inc.'s 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
- Implied Market Cap: US$2.244b
- Shares outstanding: 77.92m
- Website: https://www.columbiabank.com
Number of Employees
Location
- Columbia Banking System, Inc.
- 1301 A Street
- PO Box 2156
- Tacoma
- Washington
- 98402-2156
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.