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:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:COLB
- CUSIP: 19723610
- Web: www.columbiabank.com
- Market Cap: $2.48 billion
- Outstanding Shares: 58,380,000
- 50 Day Moving Avg: $40.12
- 200 Day Moving Avg: $39.15
- 52 Week Range: $31.75 - $45.68
Sales & Book Value:
- Trailing P/E Ratio: 21.57
- Foreward P/E Ratio: 18.31
- P/E Growth: 2.28
- Annual Revenue: $430.8 million
- Price / Sales: 5.76
- Book Value: $22.23 per share
- Price / Book: 1.91
- Annual Dividend: $0.88
- Dividend Yield: 2.1%
- Net Margins: 25.82%
- Return on Equity: 8.99%
- Return on Assets: 1.20%
- Debt-to-Equity Ratio: 0.12%
- Current Ratio: 0.81%
- Quick Ratio: 0.81%
- Average Volume: 267,666 shs.
- Beta: 1.26
- Short Ratio: 16.53
Frequently Asked Questions for Columbia Banking System (NASDAQ:COLB)
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 Friday, October 20th. Shareholders of record on Tuesday, October 31st will be paid a dividend of $0.22 per share on Tuesday, November 14th. This represents a $0.88 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Monday, October 30th. View Columbia Banking System's Dividend History.
How were Columbia Banking System's earnings last quarter?
Columbia Banking System, Inc. (NASDAQ:COLB) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.01. The company earned $110.30 million during the quarter, compared to the consensus estimate of $112.27 million. Columbia Banking System had a net margin of 25.82% and a return on equity of 8.99%. During the same quarter in the previous year, the business posted $0.44 earnings per share. View Columbia Banking System's Earnings History.
When will Columbia Banking System make its next earnings announcement?
Where is Columbia Banking System's stock going? Where will Columbia Banking System's stock price be in 2017?
4 equities research analysts have issued twelve-month price targets for Columbia Banking System's stock. Their forecasts range from $42.00 to $48.00. On average, they expect Columbia Banking System's share price to reach $45.00 in the next twelve months. 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 Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Texas Capital Bancshares (TCBI), Hancock Holding Company (HBHC), First Hawaiian (FHB), Home BancShares (HOMB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Associated Banc-Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL), Fulton Financial Corporation (FULT), First Financial Bankshares (FFIN), Hope Bancorp (HOPE), Great Western Bancorp (GWB) and Eagle Bancorp (EGBN).
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
- Hadley S. Robbins, President, Chief Executive Officer, Director
- Clint E. Stein, Chief Operating Officer, Executive Vice President
- David C. Lawson, Chief Human Resource Officer, Executive Vice President
- Andrew L. McDonald, Chief Credit Officer, Executive Vice President
- Kumi Yamamoto Baruffi, Executive Vice President, General Counsel
- Randy Lund, Director
- David A. Dietzler, Independent Director
- Craig D. Eerkes, Independent Director
- Ford Elsaesser, Independent Director
Who owns Columbia Banking System stock?
Columbia Banking System's stock is owned by many different of institutional and retail investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (0.45%), Fisher Asset Management LLC (0.15%) and Skylands Capital LLC (0.03%). Company insiders that own Columbia Banking System stock include Barry Ray and Clint Stein. View Institutional Ownership Trends for Columbia Banking System.
Who sold Columbia Banking System stock? Who is selling Columbia Banking System stock?
Columbia Banking System's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Smith Graham & Co. Investment Advisors LP and Skylands Capital LLC. Company insiders that have sold Columbia Banking System stock in the last year include Barry Ray and Clint Stein. View Insider Buying and Selling for Columbia Banking System.
How do I buy Columbia Banking System stock?
Shares of Columbia Banking System can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Columbia Banking System's stock price today?
MarketBeat Community Rating for Columbia Banking System (NASDAQ 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Columbia Banking System stock can currently be purchased for approximately $42.48.
Consensus Ratings for Columbia Banking System (NASDAQ:COLB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$45.00 (5.93% upside)|Consensus Price Target History for Columbia Banking System (NASDAQ:COLB)
Analysts' Ratings History for Columbia Banking System (NASDAQ:COLB)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||DA Davidson||Reiterated Rating||Buy||$45.00 -> $48.00||N/A|
|9/8/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$42.00||High|
|7/31/2017||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$43.00 -> $46.00||High|
|6/16/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$44.00||High|
|10/30/2015||Sandler O'Neill||Boost Price Target||Hold||$35.00||N/A|
Earnings History for Columbia Banking System (NASDAQ:COLB)Earnings History by Quarter for Columbia Banking System (NASDAQ COLB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.48||$0.47||$112.27 million||$110.30 million||View||N/A|
|4/27/2017||Q1 2017||$0.50||$0.50||$110.72 million||$111.53 million||View||N/A|
|1/26/2017||Q416||$0.49||$0.53||$111.40 million||$108.07 million||View||N/A|
|10/27/2016||Q316||$0.47||$0.47||$107.31 million||$108.74 million||View||Listen|
|7/28/2016||Q216||$0.45||$0.44||$104.82 million||$104.08 million||View||N/A|
|4/27/2016||Q116||$0.47||$0.37||$107.50 million||$100.82 million||View||N/A|
|1/28/2016||Q415||$0.48||$0.46||$107.85 million||$106.56 million||View||N/A|
|10/29/2015||Q315||$0.47||$0.45||$105.39 million||$104.19 million||View||Listen|
|7/23/2015||Q215||$0.43||$0.44||$105.58 million||$102.47 million||View||N/A|
|4/22/2015||Q115||$0.43||$0.45||$105.30 million||$103.13 million||View||N/A|
|1/29/2015||Q414||$0.42||$0.34||$99.81 million||$93.95 million||View||N/A|
|10/23/2014||Q3||$0.42||$0.41||$90.72 million||$92.15 million||View||N/A|
|7/23/2014||Q214||$0.43||$0.40||$88.08 million||$89.75 million||View||N/A|
|4/23/2014||Q114||$0.41||$0.40||$90.13 million||$87.95 million||View||N/A|
|7/25/2013||Q2 2013||$0.36||$0.40||$88.69 million||View||N/A|
Earnings Estimates for Columbia Banking System (NASDAQ:COLB)
2017 EPS Consensus Estimate: $2.06
2018 EPS Consensus Estimate: $2.25
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Columbia Banking System (NASDAQ:COLB)
|Payout Ratio:||44.67% (Trailing 12 Months of Earnings) |
43.14% (Based on This Year's Estimates)
37.93% (Based on Next Year's Estimates)
Dividend History by Quarter for Columbia Banking System (NASDAQ COLB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Columbia Banking System (NASDAQ:COLB)
Latest Headlines for Columbia Banking System (NASDAQ:COLB)
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Columbia Banking System (COLB) Chart for Sunday, October, 22, 2017