About Columbia Banking System (NASDAQ:COLB)
Columbia Banking System, Inc. (Columbia) is a bank holding company for Columbia State Bank (the Bank) and Columbia Trust Company (Columbia Trust). The Company provides a range of banking services to small and medium-sized businesses, professionals and individuals. It offers products and services, which include Personal Banking, Business Banking and Wealth Management. Its Personal Banking products and services include Checking and Saving Accounts; Consumer Lending; Digital Banking; Residential Lending, and VISA Card Services. Its Business Banking products and services include Agricultural Lending; Commercial and Industrial Lending; International Banking; Merchant Card Services; Municipal Lending; Real Estate and Real Estate Construction Lending; Remote Deposit Capture; Small Business Administration (SBA) Lending; Small Business Services, and Treasury Management. Its Wealth Management products and services include Investment Services, Private Banking and Professional Banking.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:COLB
CUSIP19723610
Phone253-305-1900
Debt
Debt-to-Equity Ratio0.02%
Current Ratio0.82%
Quick Ratio0.82%
Price-To-Earnings
Trailing P/E Ratio19.99
Forward P/E Ratio15.63
P/E Growth1.55
Sales & Book Value
Annual Sales$484.39 million
Price / Sales6.62
Cash Flow$2.2785 per share
Price / Cash19.21
Book Value$26.70 per share
Price / Book1.64
Profitability
EPS (Most Recent Fiscal Year)$2.19
Net Income$112.82 million
Net Margins23.29%
Return on Equity9.14%
Return on Assets1.28%
Miscellaneous
Employees2,120
Outstanding Shares73,210,000
Columbia Banking System (NASDAQ:COLB) Frequently Asked Questions
What is Columbia Banking System's stock symbol?
Columbia Banking System trades on the NASDAQ under the ticker symbol "COLB."
How often does Columbia Banking System pay dividends? What is the dividend yield for Columbia Banking System?
Columbia Banking System declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Wednesday, February 7th will be given a dividend of $0.22 per share on Wednesday, February 21st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Tuesday, February 6th. View Columbia Banking System's Dividend History.
How were Columbia Banking System's earnings last quarter?
Columbia Banking System Inc (NASDAQ:COLB) posted its quarterly earnings results on Thursday, January, 25th. The financial services provider reported $0.54 EPS for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.02. The financial services provider had revenue of $135.40 million for the quarter, compared to analysts' expectations of $135.15 million. Columbia Banking System had a net margin of 23.29% and a return on equity of 9.14%. The business's revenue was up 25.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 earnings per share. View Columbia Banking System's Earnings History.
When is Columbia Banking System's next earnings date?
What price target have analysts set for COLB?
5 equities research analysts have issued 1-year price objectives for Columbia Banking System's shares. Their forecasts range from $44.00 to $52.00. On average, they anticipate Columbia Banking System's stock price to reach $47.60 in the next year. View Analyst Ratings for Columbia Banking System.
Who are some of Columbia Banking System's key competitors?
Some companies that are related to Columbia Banking System include Western Alliance Bancorporation (WAL), Bank of the Ozarks (OZRK), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), Wintrust Financial (WTFC), Texas Capital Bancshares (TCBI), Hancock (HBHC), Popular (BPOP), Iberiabank (IBKC), Investors Bank (ISBC), Chemical Bank (CHFC), First Hawaiian Bank (FHB), Home Bancshares (HOMB), Associated Banc (ASB), United Bankshares (UBSI), Bank of Hawaii (BOH), Glacier Bancorp (GBCI) and First Financial Bankshares (FFIN).
Who are Columbia Banking System's key executives?
Columbia Banking System's management team includes the folowing people:
- William T. Weyerhaeuser Ph.D., Independent Chairman of the Board (Age 73)
- Hadley S. Robbins, President, Chief Executive Officer, Director (Age 60)
- Clint E. Stein, Chief Operating Officer, Executive Vice President (Age 45)
- David C. Lawson, Chief Human Resource Officer, Executive Vice President (Age 58)
- Lisa Dow, Executive Vice President, Chief Risk Officer
- Andrew L. McDonald, Chief Credit Officer, Executive Vice President (Age 58)
- Kumi Yamamoto Baruffi, Executive Vice President, General Counsel (Age 46)
- Eric S. Forrest, Director (Age 49)
- Randy Lund, Director
- Janine Terrano, Director
Has Columbia Banking System been receiving favorable news coverage?
News stories about COLB stock have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Columbia Banking System earned a coverage optimism score of 0.13 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 46.72 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
How do I buy shares of Columbia Banking System?
Shares of COLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Columbia Banking System's stock price today?
One share of COLB stock can currently be purchased for approximately $43.77.
How big of a company is Columbia Banking System?
Columbia Banking System has a market capitalization of $3.17 billion and generates $484.39 million in revenue each year. The financial services provider earns $112.82 million in net income (profit) each year or $2.19 on an earnings per share basis. Columbia Banking System employs 2,120 workers across the globe.
How can I contact Columbia Banking System?
Columbia Banking System's mailing address is 1301 A STREET, TACOMA WA, 98402. The financial services provider can be reached via phone at 253-305-1900 or via email at [email protected]
MarketBeat Community Rating for Columbia Banking System (COLB)
MarketBeat's community ratings are surveys of what our community members think about Columbia Banking System and other stocks. Vote "Outperform" if you believe COLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
Columbia Banking System (NASDAQ:COLB) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
5 Wall Street analysts have issued ratings and price targets for Columbia Banking System in the last 12 months. Their average twelve-month price target is $47.60, suggesting that the stock has a possible upside of 8.75%. The high price target for COLB is $52.00 and the low price target for COLB is $44.00. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.40 | 2.40 | 2.50 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $47.60 | $47.60 | $46.75 | $45.00 |
| Price Target Upside: | 8.75% upside | 11.92% upside | 6.44% upside | 7.86% upside |
Columbia Banking System (NASDAQ:COLB) Consensus Price Target History
Columbia Banking System (NASDAQ:COLB) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Columbia Banking System (NASDAQ:COLB) Dividend Information
Columbia Banking System pays an annual dividend of $0.88 per share, with a dividend yield of 2.01%. COLB's most recent quarterly dividend payment was Wednesday, February 21. Columbia Banking System pays out 40.18% of its earnings out as a dividend.
| Most Recent Dividend: | 2/21/2018 |
| Annual Dividend: | $0.88 |
| Dividend Yield: | 2.01% |
| Payout Ratio: | 40.18% (Trailing 12 Months of Earnings)
31.43% (Based on This Year's Estimates)
28.95% (Based on Next Year's Estimates)
|
Columbia Banking System (NASDAQ:COLB) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/25/2018 | Quarterly | $0.22 | 2.1% | 2/6/2018 | 2/7/2018 | 2/21/2018 |
| 10/20/2017 | quarterly | $0.22 | 2.07% | 10/30/2017 | 10/31/2017 | 11/14/2017 |
| 7/28/2017 | quarterly | $0.22 | 2.29% | 8/7/2017 | 8/9/2017 | 8/23/2017 |
| 4/27/2017 | Quarterly | $0.22 | 2.23% | 5/8/2017 | 5/10/2017 | 5/24/2017 |
| 1/26/2017 | quarterly | $0.22 | 2.12% | 2/6/2017 | 2/8/2017 | 2/22/2017 |
| 10/27/2016 | quarterly | $0.20 | 2.44% | 11/7/2016 | 11/9/2016 | 11/23/2016 |
| 7/28/2016 | | $0.39 | | 8/8/2016 | 8/10/2016 | 8/24/2016 |
| 4/28/2016 | quarterly | $0.19 | 2.53% | 5/9/2016 | 5/11/2016 | 5/25/2016 |
| 1/28/2016 | quarterly | $0.18 | 2.43% | 2/8/2016 | 2/10/2016 | 2/24/2016 |
| 10/29/2015 | Quarterly | $0.18 | | 11/6/2015 | 11/11/2015 | 11/26/2015 |
| 10/29/2015 | Quarterly | $0.18 | | 11/6/2015 | 11/11/2015 | 11/25/2015 |
| 7/23/2015 | quarterly | $0.18 | 2.2% | 8/3/2015 | 8/5/2015 | 8/19/2015 |
| 4/24/2015 | quarterly | $0.18 | 2.41% | 5/4/2015 | 5/6/2015 | 5/20/2015 |
| 1/30/2015 | quarterly | $0.16 | 2.52% | 2/9/2015 | 2/11/2015 | 2/25/2015 |
| 10/23/2014 | special | $0.14 | 2.49% | 10/29/2014 | 10/31/2014 | 11/19/2014 |
| 7/23/2014 | quarterly | $0.14 | 2.16% | 8/4/2014 | 8/6/2014 | 8/20/2014 |
| 4/23/2014 | quarterly | $0.12 | 1.85% | 5/5/2014 | 5/7/2014 | 5/21/2014 |
| 1/23/2014 | quarterly | $0.12 | 1.71% | 2/3/2014 | 2/5/2014 | 2/19/2014 |
| 10/24/2013 | quarterly | $0.11 | 1.69% | 11/4/2013 | 11/6/2013 | 11/20/2013 |
| 7/25/2013 | quarterly | $0.10 | 1.62% | 8/5/2013 | 8/7/2013 | 8/21/2013 |
| 4/24/2013 | quarterly | $0.10 | 1.86% | 5/6/2013 | 5/8/2013 | 5/22/2013 |
| 1/24/2013 | quarterly | $0.10 | 1.98% | 2/4/2013 | 2/6/2013 | 2/20/2013 |
(Data available from 1/1/2013 forward)
Columbia Banking System (NASDAQ COLB) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.23%
Institutional Ownership Percentage: 88.03%
Columbia Banking System (NASDAQ COLB) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/9/2018 | Clint Stein | CFO | Sell | 2,300 | $44.16 | $101,568.00 | 26,610 |  |
| 1/8/2018 | Andy Mcdonald | EVP | Buy | 132 | $36.63 | $4,835.16 | 35,099 | |
| 1/8/2018 | Clint Stein | CFO | Buy | 54 | $36.63 | $1,978.02 | 23,025 | |
| 12/1/2017 | Barry Ray | CAO | Sell | 750 | $46.87 | $35,152.50 | 11,250 | |
| 6/15/2017 | Clint Stein | CFO | Sell | 8,000 | $40.09 | $320,720.00 | 22,877 | |
| 3/10/2017 | Barry Ray | CAO | Sell | 981 | $39.42 | $38,671.02 | 12,000 | |
| 8/18/2016 | Barry Ray | CAO | Sell | 424 | $31.98 | $13,559.52 | 11,427 | |
| 5/6/2013 | Tom Hulbert | Director | Sell | 3,000 | $21.50 | $64,500.00 | | |
| 11/7/2012 | Michelle Lantow | Director | Buy | 1,500 | $17.24 | $25,860.00 | | |
(Data available from 1/1/2013 forward)
Columbia Banking System (NASDAQ COLB) News Headlines
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Columbia Banking System (NASDAQ:COLB) SEC Filings
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Columbia Banking System (NASDAQ:COLB) Income Statement, Balance Sheet and Cash Flow Statement
Columbia Banking System (NASDAQ COLB) Stock Chart for Thursday, April, 19, 2018
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