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.
Columbia Banking System Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$34.86|
|52 Week High||US$25.07|
|52 Week Low||US$50.68|
|1 Month Change||-5.99%|
|3 Month Change||0.086%|
|1 Year Change||31.05%|
|3 Year Change||-7.09%|
|5 Year Change||6.87%|
|Change since IPO||809.88%|
Recent News & Updates
Columbia Banking And Umpqua Holdings Partner Up To Create The West Coast Banking Dream Team
Two highly successful Pacific Northwest community banks are merging to become the undisputed best-in-class west coast regional bank. Strong merger-related earnings accretion for both legacy shareholders is likely to be viewed positively by the market. A mixed pro forma management team should pull together the best practices from each bank.
With EPS Growth And More, Columbia Banking System (NASDAQ:COLB) Is Interesting
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|COLB||US Banks||US Market|
Return vs Industry: COLB underperformed the US Banks industry which returned 77% over the past year.
Return vs Market: COLB underperformed the US Market which returned 33.4% over the past year.
Stable Share Price: COLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: COLB's weekly volatility (6%) has been stable over the past year.
About the Company
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. It offers personal banking products and services, including non-interest 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; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services.
Columbia Banking System Fundamentals Summary
|COLB fundamental statistics|
Is COLB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|COLB income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 28, 2021
|Earnings per share (EPS)||2.69|
|Net Profit Margin||34.84%|
How did COLB perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Is Columbia Banking System undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COLB ($34.86) is trading below our estimate of fair value ($53.67)
Significantly Below Fair Value: COLB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COLB is poor value based on its PE Ratio (13x) compared to the US Banks industry average (11.1x).
PE vs Market: COLB is good value based on its PE Ratio (13x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: COLB is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: COLB's PB Ratio (1.2x) is in line with the US Banks industry average.
How is Columbia Banking System forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COLB's forecast earnings growth (53.1% per year) is above the savings rate (2%).
Earnings vs Market: COLB's earnings (53.1% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: COLB's revenue (55.4% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: COLB's revenue (55.4% 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 (7.7%).
How has Columbia Banking System performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COLB has high quality earnings.
Growing Profit Margin: COLB's current net profit margins (34.8%) are higher than last year (28.3%).
Past Earnings Growth Analysis
Earnings Trend: COLB's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: COLB's earnings growth over the past year (42.3%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: COLB earnings growth over the past year (42.3%) exceeded the Banks industry 37.8%.
Return on Equity
High ROE: COLB's Return on Equity (9%) is considered low.
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
Financial Institutions Analysis
Asset Level: COLB's Assets to Equity ratio (7.7x) is low.
Allowance for Bad Loans: COLB has a sufficient allowance for bad loans (595%).
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 (53%).
Low Risk Deposits: COLB's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: COLB has an appropriate level of bad loans (0.2%).
What is Columbia Banking System current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COLB's dividend (3.44%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: COLB's dividend (3.44%) is low compared to the top 25% of dividend payers in the US market (3.48%).
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
Dividend Coverage: With its reasonably low payout ratio (37.9%), 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 (42.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Clint Stein (49 yo)
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 ($USD3.57M) is below average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Clint's compensation has increased by more than 20% in the past year.
Experienced Management: COLB's management team is considered experienced (3.4 years average tenure).
Experienced Board: COLB's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.
Columbia Banking System, Inc.'s employee growth, exchange listings and data sources
- Name: Columbia Banking System, Inc.
- Ticker: COLB
- Exchange: NasdaqGS
- Founded: 1993
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.711b
- Shares outstanding: 77.78m
- Website: https://www.columbiabank.com
Number of Employees
- Columbia Banking System, Inc.
- 1301 A Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:33|
|End of Day Share Price||2021/10/26 00:00|
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.