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.
Flawless balance sheet established dividend payer.
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
Stable Share Price: COLB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: COLB exceeded the US Banks industry which returned -28.2% over the past year.
Return vs Market: COLB underperformed the US Market which returned 4.9% over the past year.
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
3 weeks ago | Simply Wall StWhat Is Columbia Banking System's (NASDAQ:COLB) P/E Ratio After Its Share Price Rocketed?
1 month ago | Simply Wall StIs Columbia Banking System, Inc. (NASDAQ:COLB) Potentially Undervalued?
1 month ago | Simply Wall StIndependent Director Thomas Hulbert Just Bought 10% More Shares In Columbia Banking System, Inc. (NASDAQ:COLB)
Is Columbia Banking System undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COLB ($26.78) is trading above our estimate of fair value ($22.33)
Significantly Below Fair Value: COLB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COLB is poor value based on its PE Ratio (11.9x) compared to the Banks industry average (9.4x).
PE vs Market: COLB is good value based on its PE Ratio (11.9x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: COLB is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: COLB is overvalued based on its PB Ratio (0.9x) compared to the US Banks industry average (0.8x).
How is Columbia Banking System forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COLB's forecast earnings growth (5.3% per year) is above the savings rate (2.2%).
Earnings vs Market: COLB's earnings (5.3% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: COLB's earnings are forecast to grow, but not significantly.
Revenue vs Market: COLB's revenue (0.03% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: COLB's revenue (0.03% per year) is forecast to grow slower 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 (6%).
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 (29.7%) are lower than last year (31.5%).
Past Earnings Growth Analysis
Earnings Trend: COLB's earnings have grown by 17.5% per year over the past 5 years.
Accelerating Growth: COLB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COLB had negative earnings growth (-8.5%) over the past year, making it difficult to compare to the Banks industry average (1.8%).
Return on Equity
High ROE: COLB's Return on Equity (7.4%) 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 (6.3x) is low.
Allowance for Bad Loans: COLB has a sufficient allowance for bad loans (256%).
Low Risk Liabilities: 91% 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 (63%).
Low Risk Deposits: COLB's Loans to Deposits ratio (81%) is appropriate.
Level of Bad Loans: COLB has an appropriate level of bad loans (0.5%).
What is Columbia Banking System current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COLB's dividend (5.53%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: COLB's dividend (5.53%) is in the top 25% of dividend payers in the US market (4.5%)
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 (49.6%), 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 covered by earnings (61.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Clint Stein (48yo)
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 ($USD1.12M) is below average for companies of similar size in the US market ($USD4.70M).
Compensation vs Earnings: Clint's compensation has been consistent with company performance over the past year.
|CEO, President & Director||0.50yr||US$1.12m||0.039% $744.5k|
|Executive VP & Chief Human Resources Officer||7yrs||US$1.07m||0.024% $463.0k|
|Executive VP & CFO||0.25yr||no data||0.0057% $107.1k|
|COO & Executive VP||0.50yr||no data||0.011% $200.8k|
|Senior VP & Chief Accounting Officer||2.08yrs||no data||0.0091% $172.6k|
|Executive VP and Chief Digital & Technology Officer||2.25yrs||no data||0.028% $531.4k|
|Head of Investor Relations||no data||no data||no data|
|Executive VP||5.83yrs||US$760.06k||0.026% $493.5k|
|Executive VP and Chief Marketing & Experience Officer||no data||no data||0.0083% $156.7k|
|Executive VP & Chief Risk Officer||no data||no data||0.017% $329.8k|
Experienced Management: COLB's management team is considered experienced (2.1 years average tenure).
|CEO, President & Director||0.50yr||US$1.12m||0.039% $744.5k|
|Independent Director||21.5yrs||US$158.16k||0.081% $1.5m|
|Independent Director||5.75yrs||US$149.99k||0.062% $1.2m|
|Independent Chairman of the Board||2.17yrs||US$197.49k||0.024% $451.7k|
|Independent Director||8.42yrs||US$163.95k||0.028% $528.5k|
|Independent Director||8.42yrs||US$151.94k||0.027% $510.3k|
|Independent Director||6.17yrs||US$145.66k||0.020% $381.2k|
|Independent Director||5.83yrs||US$148.16k||0.017% $327.7k|
|Independent Director||2.75yrs||US$141.22k||0.017% $321.4k|
|Independent Director||3yrs||US$147.91k||0.011% $216.0k|
Experienced Board: COLB's board of directors are considered experienced (5.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Columbia Banking System, Inc.'s company bio, 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$1.893b
- Shares outstanding: 70.69m
- Website: https://www.columbiabank.com
Number of Employees
- Columbia Banking System, Inc.
- 1301 A Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|COLB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 1992|
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 noninterest and interest-bearing checking, saving, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and 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 loans, asset-based loans, builder and other commercial real estate loans, and loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management services in the areas of private banking, financial services, and trust and investment services to individuals, families, and professional businesses. Further, the company provides fiduciary, agency, trust, and related services, as well as life insurance products. As of December 31, 2018, the company had 150 branches. Columbia Banking System, Inc. was founded in 1993 and is headquartered in Tacoma, Washington.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 23:53|
|End of Day Share Price||2020/07/02 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.