Columbia Banking System, Inc.

NasdaqGS:COLB Stock Report

Market Cap: US$6.3b

Columbia Banking System Valuation

Is COLB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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 ($29.98) is trading below our estimate of fair value ($57.53)

Significantly Below Fair Value: COLB is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for COLB?

Key metric: As COLB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for COLB. This is calculated by dividing COLB's market cap by their current earnings.
What is COLB's PE Ratio?
PE Ratio13.1x
EarningsUS$483.94m
Market CapUS$6.32b

Price to Earnings Ratio vs Peers

How does COLB's PE Ratio compare to its peers?

The above table shows the PE ratio for COLB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.4x
HOMB Home Bancshares (Conway AR)
15.6x4.6%US$6.1b
FNB F.N.B
14.8x16.2%US$5.9b
VLY Valley National Bancorp
17.8x28.6%US$5.7b
ONB Old National Bancorp
13.3x13.2%US$6.7b
COLB Columbia Banking System
13x9.4%US$6.3b

Price-To-Earnings vs Peers: COLB is good value based on its Price-To-Earnings Ratio (13x) compared to the peer average (20.9x).

Price to Earnings Ratio vs Industry

How does COLB's PE Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRCB First Republic Bank
0.02xn/aUS$27.98m
BKGM BankGuam Holding
1xn/aUS$18.48m
SBNY Signature Bank
0.002xn/aUS$2.18m
BCBH.F Caribbean Investment Holdings
0.00001xn/aUS$132.00
No more companies available in this PE range
COLB 13.1xIndustry Avg. 12.8xNo. of Companies75PE0612182430+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COLB is expensive based on its Price-To-Earnings Ratio (13x) compared to the US Banks industry average (12.8x).

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.

COLB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.1x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: COLB is good value based on its Price-To-Earnings Ratio (13x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst COLB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$29.98
US$31.36
+4.6%
7.4%US$37.00US$29.00n/a11
Nov ’25US$28.37
US$31.25
+10.2%
7.2%US$37.00US$29.00n/a12
Oct ’25US$25.28
US$27.83
+10.1%
10.7%US$36.00US$25.00n/a12
Sep ’25US$25.18
US$27.17
+7.9%
11.1%US$36.00US$24.00n/a12
Aug ’25US$24.77
US$27.17
+9.7%
11.1%US$36.00US$24.00n/a12
Jul ’25US$19.83
US$21.63
+9.1%
9.7%US$27.50US$19.00n/a12
Jun ’25US$19.28
US$21.75
+12.8%
8.8%US$27.00US$20.00n/a12
May ’25US$19.53
US$21.58
+10.5%
6.9%US$25.00US$20.00n/a12
Apr ’25US$18.87
US$22.67
+20.1%
10.2%US$25.00US$20.00n/a12
Mar ’25US$17.87
US$24.13
+35.0%
9.1%US$29.00US$20.00n/a12
Feb ’25US$19.31
US$24.46
+26.7%
7.4%US$29.00US$21.50n/a12
Jan ’25US$26.68
US$27.58
+3.4%
15.8%US$36.00US$20.00n/a12
Dec ’24US$23.89
US$24.38
+2.0%
12.6%US$30.00US$20.00n/a12
Nov ’24US$19.63
US$24.41
+24.3%
13.2%US$30.00US$20.00US$28.3711
Oct ’24US$20.30
US$24.86
+22.5%
14.0%US$30.00US$18.00US$25.2811
Sep ’24US$21.15
US$25.32
+19.7%
13.1%US$30.00US$18.00US$25.1811
Aug ’24US$22.07
US$25.32
+14.7%
13.1%US$30.00US$18.00US$24.7711
Jul ’24US$20.28
US$26.64
+31.3%
11.4%US$30.00US$21.50US$19.8311
Jun ’24US$20.46
US$27.25
+33.2%
12.0%US$32.00US$21.50US$19.2810
May ’24US$20.96
US$27.55
+31.4%
12.9%US$32.00US$21.50US$19.5310
Apr ’24US$21.42
US$27.83
+29.9%
17.8%US$36.00US$23.00US$18.876
Mar ’24US$29.95
US$32.95
+10.0%
5.4%US$36.00US$31.89US$17.874
Feb ’24US$31.65
US$33.54
+6.0%
7.2%US$36.93US$31.00US$19.315
Jan ’24US$29.96
US$34.44
+14.9%
5.1%US$36.93US$31.89US$26.686
Dec ’23US$33.70
US$34.26
+1.7%
5.7%US$36.99US$31.89US$23.896
Nov ’23US$33.65
US$33.27
-1.1%
5.5%US$36.00US$31.00US$19.636

Analyst Forecast: Target price is less than 20% higher than the current share price.

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