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, 2017, the company had 155 branches. Columbia Banking System, Inc. was founded in 1993 and is headquartered in Tacoma, Washington.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:COLB
CUSIP19723610
Phone253-305-1900
Debt
Debt-to-Equity Ratio0.04
Current Ratio0.83
Quick Ratio0.82
Price-To-Earnings
Trailing P/E Ratio19.58
Forward P/E Ratio16.83
P/E Growth1.65
Sales & Book Value
Annual Sales$484.39 million
Price / Sales6.56
Cash Flow$2.2993 per share
Price / Cash18.88
Book Value$26.70 per share
Price / Book1.63
Profitability
EPS (Most Recent Fiscal Year)$2.19
Net Income$112.82 million
Net Margins24.05%
Return on Equity9.04%
Return on Assets1.32%
Miscellaneous
Employees2,120
Outstanding Shares73,240,000
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 announced a quarterly dividend on Friday, April 27th. Shareholders of record on Wednesday, May 9th will be paid a dividend of $0.26 per share on Wednesday, May 23rd. This represents a $1.04 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Tuesday, May 8th. This is an increase from Columbia Banking System's previous quarterly dividend of $0.22. View Columbia Banking System's Dividend History.
How were Columbia Banking System's earnings last quarter?
Columbia Banking System Inc (NASDAQ:COLB) issued its quarterly earnings data on Thursday, April, 26th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.66 by $0.07. The financial services provider had revenue of $138.62 million for the quarter, compared to analysts' expectations of $142.70 million. Columbia Banking System had a return on equity of 9.04% and a net margin of 24.05%. During the same period last year, the firm posted $0.50 EPS. View Columbia Banking System's Earnings History.
When is Columbia Banking System's next earnings date?
What price target have analysts set for COLB?
4 analysts have issued 12 month target prices for Columbia Banking System's stock. Their predictions range from $46.00 to $52.00. On average, they anticipate Columbia Banking System's stock price to reach $48.75 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 East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Associated Banc (ASB), Popular (BPOP), Iberiabank (IBKC), Hancock (HBHC), Chemical Financial (CHFC) and First Hawaiian Bank (FHB).
Who are Columbia Banking System's key executives?
Columbia Banking System's management team includes the folowing people:
- Mr. Hadley S. Robbins, Pres, CEO & Director (Age 61)
- Mr. Clint E. Stein, Exec. & COO (Age 46)
- Ms. Kumi Yamamoto Baruffi, Exec. VP, Gen. Counsel & Corp. Sec. (Age 47)
- Mr. David C. Lawson, Exec. VP & Chief HR (Age 59)
- Mr. Gregory A. Sigrist CPA, Exec. VP & CFO
Has Columbia Banking System been receiving favorable news coverage?
News coverage about COLB stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Columbia Banking System earned a news sentiment score of 0.09 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Columbia Banking System's major shareholders?
Columbia Banking System's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.94%), Dimensional Fund Advisors LP (4.37%), Franklin Resources Inc. (4.14%), Neuberger Berman Group LLC (3.76%), Cardinal Capital Management LLC CT (3.25%) and Victory Capital Management Inc. (2.92%). Company insiders that own Columbia Banking System stock include Andy Mcdonald, Barry Ray and Clint Stein. View Institutional Ownership Trends for Columbia Banking System.
Which institutional investors are selling Columbia Banking System stock?
COLB stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Wells Fargo & Company MN, Dimensional Fund Advisors LP, Cortina Asset Management LLC, Keeley Teton Advisors LLC, Public Employees Retirement Association of Colorado, RMB Capital Management LLC and BNP Paribas Arbitrage SA. Company insiders that have sold Columbia Banking System company stock in the last year include Barry Ray and Clint Stein. View Insider Buying and Selling for Columbia Banking System.
Which institutional investors are buying Columbia Banking System stock?
COLB stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company, OppenheimerFunds Inc., Franklin Resources Inc., BlackRock Inc., Cardinal Capital Management LLC CT, Neuberger Berman Group LLC, JPMorgan Chase & Co. and Virginia Retirement Systems ET AL. Company insiders that have bought Columbia Banking System stock in the last two years include Andy Mcdonald and Clint Stein. View Insider Buying and Selling for Columbia Banking System.
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 $43.31.
How big of a company is Columbia Banking System?
Columbia Banking System has a market capitalization of $3.12 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.
