Annual Income Statements for Columbia Banking System
This table shows Columbia Banking System's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Columbia Banking System
This table shows Columbia Banking System's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
84 |
83 |
-14 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| Consolidated Net Income / (Loss) |
|
84 |
83 |
-14 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| Net Income / (Loss) Continuing Operations |
|
84 |
83 |
-14 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| Total Pre-Tax Income |
|
112 |
112 |
-19 |
179 |
184 |
127 |
169 |
161 |
196 |
192 |
124 |
| Total Revenue |
|
317 |
340 |
429 |
524 |
525 |
519 |
474 |
472 |
496 |
487 |
491 |
| Net Interest Income / (Expense) |
|
288 |
305 |
375 |
484 |
481 |
454 |
423 |
427 |
430 |
437 |
425 |
| Total Interest Income |
|
304 |
352 |
476 |
676 |
696 |
692 |
684 |
696 |
699 |
677 |
647 |
| Loans and Leases Interest Income |
|
279 |
322 |
414 |
553 |
570 |
578 |
575 |
584 |
589 |
573 |
553 |
| Investment Securities Interest Income |
|
20 |
20 |
44 |
88 |
92 |
90 |
86 |
89 |
86 |
85 |
78 |
| Other Interest Income |
|
5.12 |
10 |
19 |
35 |
34 |
24 |
24 |
23 |
25 |
19 |
16 |
| Total Interest Expense |
|
16 |
47 |
101 |
192 |
215 |
238 |
261 |
268 |
269 |
239 |
222 |
| Deposits Interest Expense |
|
9.09 |
31 |
64 |
100 |
127 |
171 |
198 |
207 |
208 |
189 |
177 |
| Long-Term Debt Interest Expense |
|
6.29 |
15 |
37 |
90 |
87 |
66 |
61 |
59 |
60 |
49 |
45 |
| Federal Funds Purchased and Securities Sold Interest Expense |
|
0.55 |
0.32 |
0.41 |
1.07 |
1.22 |
1.23 |
1.27 |
1.52 |
1.12 |
0.97 |
0.97 |
| Total Non-Interest Income |
|
29 |
35 |
55 |
40 |
44 |
66 |
50 |
45 |
66 |
50 |
66 |
| Other Service Charges |
|
-11 |
-49 |
14 |
3.81 |
-5.12 |
18 |
8.71 |
-3.24 |
14 |
2.88 |
6.28 |
| Net Realized & Unrealized Capital Gains on Investments |
|
-1.12 |
1.82 |
3.36 |
-0.26 |
-0.18 |
3.81 |
-1.33 |
-1.19 |
2.44 |
-3.13 |
8.82 |
| Other Non-Interest Income |
|
41 |
82 |
38 |
36 |
49 |
43 |
43 |
49 |
50 |
50 |
51 |
| Provision for Credit Losses |
|
28 |
33 |
106 |
16 |
37 |
55 |
17 |
32 |
29 |
28 |
27 |
| Total Non-Interest Expense |
|
178 |
195 |
343 |
329 |
304 |
337 |
288 |
279 |
271 |
267 |
340 |
| Salaries and Employee Benefits |
|
109 |
108 |
136 |
163 |
159 |
158 |
155 |
145 |
147 |
142 |
145 |
| Net Occupancy & Equipment Expense |
|
35 |
34 |
42 |
51 |
43 |
48 |
45 |
45 |
45 |
47 |
48 |
| Marketing Expense |
|
1.51 |
0.99 |
1.06 |
1.94 |
2.89 |
5.52 |
1.94 |
2.31 |
3.08 |
3.72 |
3.40 |
| Property & Liability Insurance Claims |
|
3.01 |
3.49 |
6.11 |
12 |
11 |
43 |
14 |
9.66 |
9.33 |
8.12 |
8.02 |
| Other Operating Expenses |
|
27 |
36 |
29 |
36 |
39 |
43 |
35 |
33 |
35 |
35 |
93 |
| Amortization Expense |
|
1.03 |
1.02 |
13 |
36 |
30 |
33 |
32 |
29 |
29 |
29 |
28 |
| Restructuring Charge |
|
0.77 |
12 |
116 |
30 |
19 |
7.17 |
4.48 |
15 |
2.36 |
2.23 |
14 |
| Income Tax Expense |
|
27 |
29 |
-4.89 |
46 |
48 |
34 |
45 |
41 |
50 |
49 |
37 |
| Basic Earnings per Share |
|
$0.65 |
$0.63 |
($0.09) |
$0.64 |
$0.65 |
$0.59 |
$0.60 |
$0.58 |
$0.70 |
$0.68 |
$0.41 |
| Weighted Average Basic Shares Outstanding |
|
129.32M |
129.28M |
156.38M |
207.98M |
208.07M |
195.30M |
208.26M |
208.50M |
208.55M |
208.46M |
208.80M |
| Diluted Earnings per Share |
|
$0.65 |
$0.64 |
($0.09) |
$0.64 |
$0.65 |
$0.58 |
$0.59 |
$0.57 |
$0.70 |
$0.69 |
$0.41 |
| Weighted Average Diluted Shares Outstanding |
|
129.73M |
129.73M |
156.38M |
208.55M |
208.65M |
195.87M |
208.96M |
209.01M |
209.45M |
209.34M |
210.02M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
78.65M |
78.68M |
208.46M |
208.57M |
208.58M |
208.63M |
209.38M |
209.48M |
209.53M |
209.65M |
210.20M |
Annual Cash Flow Statements for Columbia Banking System
This table details how cash moves in and out of Columbia Banking System's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Net Change in Cash & Equivalents |
|
-13 |
49 |
118 |
-65 |
-30 |
406 |
188 |
-1,467 |
868 |
-284 |
| Net Cash From Operating Activities |
|
135 |
146 |
129 |
237 |
205 |
192 |
663 |
1,065 |
670 |
659 |
| Net Cash From Continuing Operating Activities |
|
135 |
146 |
129 |
237 |
205 |
192 |
663 |
1,065 |
670 |
659 |
| Net Income / (Loss) Continuing Operations |
|
99 |
105 |
113 |
173 |
194 |
154 |
420 |
337 |
349 |
534 |
| Consolidated Net Income / (Loss) |
|
99 |
105 |
113 |
173 |
194 |
154 |
420 |
337 |
349 |
534 |
| Provision For Loan Losses |
|
8.59 |
11 |
8.63 |
15 |
3.49 |
78 |
-43 |
84 |
213 |
106 |
| Depreciation Expense |
|
30 |
35 |
31 |
33 |
34 |
15 |
31 |
28 |
144 |
150 |
| Amortization Expense |
|
- |
- |
- |
- |
- |
- |
14 |
6.60 |
-68 |
-78 |
| Non-Cash Adjustments to Reconcile Net Income |
|
3.90 |
5.12 |
15 |
7.45 |
-17 |
-29 |
74 |
199 |
150 |
-12 |
| Changes in Operating Assets and Liabilities, net |
|
-6.88 |
-9.46 |
-39 |
9.13 |
-10 |
-25 |
165 |
410 |
-119 |
-40 |
| Net Cash From Investing Activities |
|
-423 |
-549 |
-199 |
-506 |
-865 |
-1,919 |
-1,534 |
-3,533 |
502 |
115 |
| Net Cash From Continuing Investing Activities |
|
-423 |
-549 |
-199 |
-506 |
-865 |
-1,919 |
-1,534 |
-3,533 |
502 |
115 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-7.58 |
-4.52 |
-6.50 |
-11 |
-8.45 |
-8.72 |
-15 |
-27 |
41 |
-36 |
| Purchase of Investment Securities |
|
-869 |
-1,032 |
-722 |
-1,210 |
-1,820 |
-2,841 |
-2,572 |
-4,200 |
-2,579 |
-730 |
| Sale and/or Maturity of Investments |
|
450 |
488 |
453 |
699 |
954 |
928 |
1,054 |
694 |
3,041 |
880 |
| Net Cash From Financing Activities |
|
275 |
452 |
189 |
204 |
631 |
2,133 |
1,060 |
1,001 |
-304 |
-1,058 |
| Net Cash From Continuing Financing Activities |
|
275 |
452 |
189 |
204 |
631 |
2,133 |
1,060 |
1,001 |
-304 |
-1,058 |
| Net Change in Deposits |
|
514 |
621 |
354 |
-74 |
227 |
3,185 |
1,973 |
471 |
-651 |
114 |
| Issuance of Debt |
|
1,703 |
1,392 |
2,301 |
4,941 |
6,881 |
1,562 |
0.00 |
1,650 |
17,350 |
4,900 |
| Issuance of Common Equity |
|
- |
- |
- |
- |
- |
- |
0.03 |
0.05 |
1.19 |
0.00 |
| Repayment of Debt |
|
-1,859 |
-1,454 |
-2,403 |
-4,586 |
-6,327 |
-2,508 |
-765 |
-750 |
-16,587 |
-5,750 |
| Repurchase of Common Equity |
|
-0.91 |
-1.13 |
-7.35 |
0.00 |
-51 |
-20 |
-81 |
-4.16 |
-6.28 |
-5.72 |
| Payment of Dividends |
|
-77 |
-89 |
-51 |
-83 |
-102 |
-96 |
-184 |
-182 |
-270 |
-300 |
| Other Financing Activities, Net |
|
-4.12 |
-17 |
-3.70 |
6.22 |
2.58 |
8.93 |
117 |
-183 |
-141 |
-15 |
| Cash Interest Paid |
|
4.15 |
4.44 |
6.63 |
18 |
36 |
19 |
43 |
71 |
693 |
1,078 |
| Cash Income Taxes Paid |
|
31 |
33 |
59 |
24 |
47 |
43 |
105 |
72 |
139 |
101 |
Quarterly Cash Flow Statements for Columbia Banking System
This table details how cash moves in and out of Columbia Banking System's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
| Net Change in Cash & Equivalents |
|
551 |
-259 |
2,341 |
-228 |
-1,004 |
-241 |
39 |
-132 |
42 |
-233 |
194 |
| Net Cash From Operating Activities |
|
324 |
160 |
-39 |
266 |
350 |
92 |
186 |
150 |
67 |
256 |
122 |
| Net Cash From Continuing Operating Activities |
|
324 |
160 |
-39 |
266 |
350 |
92 |
186 |
150 |
67 |
256 |
122 |
| Net Income / (Loss) Continuing Operations |
|
84 |
83 |
-14 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| Consolidated Net Income / (Loss) |
|
84 |
83 |
-14 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| Provision For Loan Losses |
|
28 |
33 |
106 |
16 |
37 |
55 |
17 |
32 |
29 |
28 |
27 |
| Depreciation Expense |
|
6.88 |
6.75 |
19 |
44 |
39 |
42 |
40 |
37 |
37 |
36 |
35 |
| Amortization Expense |
|
1.32 |
1.51 |
-7.67 |
-19 |
-21 |
-20 |
-18 |
-22 |
-20 |
-19 |
-14 |
| Non-Cash Adjustments to Reconcile Net Income |
|
55 |
93 |
30 |
-12 |
90 |
42 |
-18 |
-10 |
-4.74 |
22 |
-3.22 |
| Changes in Operating Assets and Liabilities, net |
|
150 |
-56 |
-171 |
104 |
69 |
-120 |
40 |
-6.56 |
-120 |
46 |
-10 |
| Net Cash From Investing Activities |
|
-1,018 |
-698 |
461 |
8.50 |
232 |
-200 |
-78 |
-8.14 |
323 |
-122 |
250 |
| Net Cash From Continuing Investing Activities |
|
-1,018 |
-698 |
461 |
8.50 |
232 |
-200 |
-78 |
-8.14 |
323 |
-122 |
250 |
| Purchase of Investment Securities |
|
-1,280 |
-797 |
-1,167 |
-554 |
-154 |
-704 |
-277 |
-299 |
179 |
-334 |
4.29 |
| Sale and/or Maturity of Investments |
|
269 |
115 |
1,631 |
563 |
339 |
507 |
205 |
297 |
151 |
228 |
246 |
| Net Cash From Financing Activities |
|
1,245 |
278 |
1,918 |
-503 |
-1,586 |
-134 |
-69 |
-274 |
-348 |
-366 |
-178 |
| Net Cash From Continuing Financing Activities |
|
1,245 |
278 |
1,918 |
-503 |
-1,586 |
-134 |
-69 |
-274 |
-348 |
-366 |
-178 |
| Net Change in Deposits |
|
685 |
249 |
-673 |
-751 |
790 |
-17 |
99 |
-183 |
-8.58 |
206 |
497 |
| Issuance of Debt |
|
750 |
900 |
5,945 |
3,905 |
2,250 |
5,250 |
3,900 |
- |
- |
1,000 |
2,050 |
| Issuance of Common Equity |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.38 |
| Repayment of Debt |
|
- |
-750 |
-3,182 |
-3,605 |
-4,515 |
-5,285 |
-3,950 |
- |
-250 |
-1,550 |
-2,600 |
| Repurchase of Common Equity |
|
-0.04 |
-0.01 |
-5.22 |
-0.74 |
-0.15 |
-0.18 |
-4.85 |
-0.77 |
-0.02 |
-0.08 |
-6.74 |
| Payment of Dividends |
|
-46 |
-46 |
-46 |
-75 |
-75 |
-75 |
-75 |
-75 |
-75 |
-75 |
-75 |
| Other Financing Activities, Net |
|
-144 |
-75 |
-122 |
24 |
-37 |
-6.26 |
-39 |
-16 |
-14 |
53 |
-44 |
| Cash Interest Paid |
|
16 |
38 |
84 |
145 |
228 |
236 |
279 |
247 |
265 |
288 |
221 |
| Cash Income Taxes Paid |
|
13 |
28 |
11 |
67 |
1.70 |
59 |
0.57 |
52 |
14 |
35 |
1.32 |
Annual Balance Sheets for Columbia Banking System
This table presents Columbia Banking System's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Total Assets |
|
- |
9,510 |
- |
13,095 |
14,080 |
16,585 |
20,945 |
31,849 |
52,174 |
51,576 |
| Cash and Due from Banks |
|
- |
193 |
- |
260 |
224 |
219 |
978 |
327 |
498 |
497 |
| Interest Bearing Deposits at Other Banks |
|
- |
31 |
- |
17 |
24 |
435 |
671 |
967 |
1,664 |
1,382 |
| Trading Account Securities |
|
- |
2,284 |
- |
3,171 |
3,764 |
5,250 |
5,921 |
3,270 |
8,863 |
8,348 |
| Loans and Leases, Net of Allowance |
|
- |
6,143 |
- |
8,308 |
8,659 |
9,279 |
10,486 |
25,855 |
37,001 |
37,256 |
| Loans and Leases |
|
- |
6,213 |
- |
8,392 |
8,743 |
9,428 |
10,642 |
26,156 |
37,442 |
37,681 |
| Allowance for Loan and Lease Losses |
|
- |
70 |
- |
83 |
84 |
149 |
156 |
301 |
441 |
425 |
| Premises and Equipment, Net |
|
- |
150 |
- |
169 |
165 |
162 |
172 |
176 |
339 |
349 |
| Goodwill |
|
- |
383 |
- |
766 |
766 |
766 |
823 |
0.00 |
1,029 |
1,029 |
| Intangible Assets |
|
- |
18 |
- |
46 |
35 |
27 |
35 |
4.75 |
604 |
484 |
| Other Assets |
|
- |
307 |
- |
358 |
442 |
448 |
2,670 |
1,248 |
2,175 |
2,231 |
| Total Liabilities & Shareholders' Equity |
|
- |
9,510 |
- |
13,095 |
14,080 |
16,585 |
20,945 |
31,849 |
52,174 |
51,576 |
| Total Liabilities |
|
- |
8,259 |
- |
11,061 |
11,920 |
14,237 |
9,176 |
29,369 |
47,179 |
46,458 |
| Non-Interest Bearing Deposits |
|
- |
3,944 |
- |
5,227 |
5,328 |
6,913 |
8,857 |
10,289 |
14,256 |
13,308 |
| Interest Bearing Deposits |
|
- |
4,115 |
- |
5,231 |
5,357 |
6,957 |
- |
16,777 |
27,351 |
28,413 |
| Short-Term Debt |
|
- |
81 |
- |
61 |
64 |
74 |
86 |
309 |
252 |
237 |
| Long-Term Debt |
|
- |
6.49 |
- |
435 |
989 |
43 |
- |
1,230 |
4,374 |
3,539 |
| Other Long-Term Liabilities |
|
- |
112 |
- |
107 |
182 |
251 |
233 |
677 |
945 |
962 |
| Commitments & Contingencies |
|
- |
0.00 |
- |
- |
- |
- |
- |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
- |
1,251 |
- |
2,034 |
2,160 |
2,348 |
2,589 |
2,480 |
4,995 |
5,118 |
| Total Preferred & Common Equity |
|
- |
1,251 |
- |
2,034 |
2,160 |
2,348 |
2,589 |
2,480 |
4,995 |
5,118 |
| Preferred Stock |
|
- |
2.22 |
- |
- |
- |
- |
- |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
- |
1,249 |
- |
2,034 |
2,160 |
2,348 |
2,589 |
2,480 |
4,995 |
5,118 |
| Common Stock |
|
- |
996 |
- |
1,642 |
1,651 |
1,661 |
1,930 |
3,450 |
5,803 |
5,817 |
| Retained Earnings |
|
- |
272 |
- |
427 |
520 |
575 |
694 |
-544 |
-468 |
-237 |
| Accumulated Other Comprehensive Income / (Loss) |
|
- |
-19 |
- |
-35 |
40 |
182 |
35 |
-427 |
-340 |
-462 |
Quarterly Balance Sheets for Columbia Banking System
This table presents Columbia Banking System's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
| Total Assets |
|
20,405 |
53,994 |
53,592 |
51,994 |
52,224 |
52,047 |
51,909 |
51,519 |
| Cash and Due from Banks |
|
264 |
556 |
539 |
492 |
440 |
515 |
591 |
591 |
| Interest Bearing Deposits at Other Banks |
|
54 |
3,079 |
2,869 |
1,911 |
1,761 |
1,554 |
1,520 |
1,481 |
| Trading Account Securities |
|
6,795 |
9,301 |
9,184 |
8,567 |
8,666 |
8,562 |
8,746 |
8,296 |
| Loans and Leases, Net of Allowance |
|
11,537 |
36,674 |
36,645 |
36,754 |
37,228 |
37,291 |
37,083 |
37,195 |
| Loans and Leases |
|
11,692 |
37,091 |
37,049 |
37,171 |
37,642 |
37,710 |
37,503 |
37,616 |
| Allowance for Loan and Lease Losses |
|
155 |
417 |
405 |
417 |
414 |
419 |
420 |
421 |
| Premises and Equipment, Net |
|
162 |
375 |
369 |
338 |
337 |
338 |
338 |
345 |
| Goodwill |
|
823 |
1,030 |
1,029 |
1,029 |
1,029 |
1,029 |
1,029 |
1,029 |
| Intangible Assets |
|
28 |
702 |
667 |
637 |
572 |
542 |
513 |
456 |
| Other Assets |
|
743 |
2,276 |
2,215 |
2,265 |
2,191 |
2,216 |
2,088 |
2,126 |
| Total Liabilities & Shareholders' Equity |
|
20,405 |
53,994 |
53,592 |
51,994 |
52,224 |
52,047 |
51,909 |
51,519 |
| Total Liabilities |
|
18,290 |
49,110 |
48,764 |
47,362 |
47,267 |
47,071 |
46,635 |
46,281 |
| Non-Interest Bearing Deposits |
|
8,911 |
17,216 |
16,019 |
15,533 |
13,809 |
13,482 |
13,534 |
13,414 |
| Interest Bearing Deposits |
|
9,030 |
24,371 |
24,816 |
26,091 |
27,898 |
28,042 |
27,981 |
28,804 |
| Short-Term Debt |
|
49 |
271 |
295 |
258 |
214 |
198 |
184 |
2,742 |
| Long-Term Debt |
|
35 |
6,356 |
6,563 |
4,424 |
4,317 |
4,318 |
4,070 |
428 |
| Other Long-Term Liabilities |
|
265 |
896 |
963 |
1,054 |
1,030 |
1,032 |
867 |
893 |
| Commitments & Contingencies |
|
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
2,115 |
4,885 |
4,828 |
4,632 |
4,957 |
4,977 |
5,274 |
5,238 |
| Total Preferred & Common Equity |
|
2,115 |
4,885 |
4,828 |
4,632 |
4,957 |
4,977 |
5,274 |
5,238 |
| Preferred Stock |
|
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
2,115 |
4,885 |
4,828 |
4,632 |
4,957 |
4,977 |
5,274 |
5,238 |
| Common Stock |
|
1,940 |
5,789 |
5,793 |
5,798 |
5,802 |
5,807 |
5,812 |
5,823 |
| Retained Earnings |
|
805 |
-604 |
-546 |
-486 |
-419 |
-375 |
-305 |
-227 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-559 |
-300 |
-419 |
-680 |
-426 |
-456 |
-234 |
-358 |
Annual Metrics And Ratios for Columbia Banking System
This table displays calculated financial ratios and metrics derived from Columbia Banking System's official financial filings.
| Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
14.45% |
1.28% |
13.26% |
18.73% |
4.14% |
2.37% |
111.04% |
-0.50% |
57.31% |
-3.39% |
| EBITDA Growth |
|
5.97% |
7.21% |
13.43% |
17.09% |
12.67% |
-24.85% |
191.42% |
-19.63% |
12.83% |
44.25% |
| EBIT Growth |
|
20.24% |
5.76% |
18.83% |
19.02% |
14.06% |
-20.37% |
190.12% |
-19.27% |
4.58% |
52.54% |
| NOPAT Growth |
|
21.15% |
6.11% |
7.59% |
53.23% |
12.48% |
-20.68% |
172.49% |
-19.88% |
3.55% |
53.04% |
| Net Income Growth |
|
21.15% |
6.11% |
7.59% |
53.23% |
12.48% |
-20.68% |
172.49% |
-19.88% |
3.55% |
53.04% |
| EPS Growth |
|
12.50% |
5.85% |
2.76% |
26.88% |
13.56% |
-19.03% |
47.93% |
-19.00% |
-31.54% |
43.26% |
| Operating Cash Flow Growth |
|
-2.08% |
8.23% |
-11.88% |
84.56% |
-13.68% |
-6.08% |
244.64% |
60.71% |
-37.11% |
-1.64% |
| Free Cash Flow Firm Growth |
|
-91.74% |
-1,348.10% |
217.65% |
-262.41% |
79.25% |
284.76% |
-1,093.07% |
191.11% |
-164.28% |
124.01% |
| Invested Capital Growth |
|
0.00% |
0.00% |
-100.00% |
0.00% |
27.02% |
-23.32% |
381.17% |
-66.11% |
139.44% |
-7.57% |
| Revenue Q/Q Growth |
|
3.12% |
0.36% |
4.77% |
2.62% |
0.40% |
1.35% |
110.37% |
-27.59% |
9.83% |
-1.63% |
| EBITDA Q/Q Growth |
|
-2.73% |
2.23% |
0.33% |
5.23% |
1.27% |
4.76% |
110.21% |
-34.17% |
5.49% |
8.26% |
| EBIT Q/Q Growth |
|
6.99% |
3.95% |
-1.21% |
7.42% |
1.07% |
9.72% |
102.57% |
-35.25% |
3.21% |
9.99% |
| NOPAT Q/Q Growth |
|
8.59% |
3.94% |
-11.73% |
20.17% |
0.72% |
8.57% |
92.61% |
-34.51% |
3.13% |
10.28% |
| Net Income Q/Q Growth |
|
8.59% |
3.94% |
-11.73% |
20.17% |
0.72% |
8.57% |
92.61% |
-34.51% |
3.13% |
10.28% |
| EPS Q/Q Growth |
|
7.55% |
4.02% |
-15.45% |
21.65% |
1.13% |
9.05% |
4.90% |
-11.26% |
-3.26% |
4.51% |
| Operating Cash Flow Q/Q Growth |
|
-10.93% |
-4.28% |
0.57% |
19.00% |
-7.26% |
-0.73% |
178.89% |
-22.73% |
-9.22% |
33.00% |
| Free Cash Flow Firm Q/Q Growth |
|
8.59% |
-183.35% |
303.87% |
-255.09% |
80.60% |
86.49% |
-4,974.70% |
1,033.71% |
22.48% |
364.40% |
| Invested Capital Q/Q Growth |
|
0.00% |
149.60% |
-100.00% |
0.00% |
18.40% |
3.90% |
392.83% |
82.75% |
3.29% |
-6.65% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
41.29% |
43.71% |
43.78% |
43.17% |
46.70% |
34.28% |
47.34% |
38.24% |
27.43% |
40.95% |
| EBIT Margin |
|
34.01% |
35.52% |
37.26% |
37.35% |
40.91% |
31.82% |
43.74% |
35.49% |
23.59% |
37.25% |
| Profit (Net Income) Margin |
|
23.74% |
24.87% |
23.62% |
30.49% |
32.93% |
25.51% |
32.94% |
26.53% |
17.46% |
27.66% |
| Tax Burden Percent |
|
69.78% |
70.01% |
63.39% |
81.61% |
80.48% |
80.17% |
75.30% |
74.74% |
74.01% |
74.25% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
30.22% |
29.99% |
36.61% |
18.39% |
19.52% |
19.83% |
24.70% |
25.26% |
25.99% |
25.75% |
| Return on Invested Capital (ROIC) |
|
0.00% |
15.67% |
16.86% |
13.67% |
6.77% |
5.43% |
5.87% |
4.24% |
5.11% |
5.76% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
15.67% |
16.86% |
13.67% |
6.77% |
5.43% |
5.87% |
4.24% |
5.11% |
5.76% |
| Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
1.09% |
1.18% |
3.33% |
2.50% |
1.41% |
11.16% |
9.05% |
4.22% |
4.79% |
| Return on Equity (ROE) |
|
0.00% |
16.77% |
18.04% |
17.00% |
9.27% |
6.84% |
17.03% |
13.29% |
9.33% |
10.55% |
| Cash Return on Invested Capital (CROIC) |
|
0.00% |
-184.33% |
216.86% |
-186.33% |
-17.03% |
31.83% |
-125.30% |
102.99% |
-77.04% |
13.63% |
| Operating Return on Assets (OROA) |
|
0.00% |
3.15% |
3.74% |
3.24% |
1.78% |
1.25% |
2.97% |
1.71% |
1.12% |
1.39% |
| Return on Assets (ROA) |
|
0.00% |
2.21% |
2.37% |
2.64% |
1.43% |
1.01% |
2.24% |
1.28% |
0.83% |
1.03% |
| Return on Common Equity (ROCE) |
|
0.00% |
16.74% |
18.01% |
17.00% |
9.27% |
6.84% |
17.03% |
13.29% |
9.33% |
10.55% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
8.38% |
0.00% |
8.50% |
9.00% |
6.57% |
16.24% |
13.58% |
6.98% |
10.43% |
| Net Operating Profit after Tax (NOPAT) |
|
99 |
105 |
113 |
173 |
194 |
154 |
420 |
337 |
349 |
534 |
| NOPAT Margin |
|
23.74% |
24.87% |
23.62% |
30.49% |
32.93% |
25.51% |
32.94% |
26.53% |
17.46% |
27.66% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
49.56% |
48.64% |
47.06% |
39.86% |
47.42% |
46.25% |
49.04% |
46.18% |
40.61% |
40.54% |
| Operating Expenses to Revenue |
|
63.92% |
61.93% |
60.93% |
60.04% |
58.50% |
55.33% |
59.60% |
57.89% |
65.73% |
57.26% |
| Earnings before Interest and Taxes (EBIT) |
|
142 |
150 |
178 |
212 |
242 |
192 |
558 |
451 |
471 |
719 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
172 |
184 |
209 |
245 |
276 |
207 |
604 |
485 |
548 |
790 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.00 |
1.51 |
0.00 |
1.00 |
1.08 |
0.91 |
0.85 |
0.84 |
1.04 |
1.11 |
| Price to Tangible Book Value (P/TBV) |
|
0.00 |
2.23 |
0.00 |
1.67 |
1.72 |
1.38 |
1.27 |
0.84 |
1.55 |
1.57 |
| Price to Revenue (P/Rev) |
|
3.12 |
4.49 |
3.96 |
3.60 |
3.96 |
3.54 |
1.73 |
1.64 |
2.61 |
2.93 |
| Price to Earnings (P/E) |
|
13.16 |
18.04 |
16.75 |
11.79 |
12.02 |
13.89 |
5.24 |
6.20 |
14.95 |
10.60 |
| Dividend Yield |
|
2.84% |
2.36% |
3.30% |
3.59% |
3.46% |
3.74% |
5.06% |
4.52% |
5.52% |
5.33% |
| Earnings Yield |
|
7.60% |
5.54% |
5.97% |
8.48% |
8.32% |
7.20% |
19.08% |
16.13% |
6.69% |
9.43% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
1.31 |
0.00 |
0.89 |
0.98 |
0.65 |
0.05 |
0.58 |
0.80 |
0.85 |
| Enterprise Value to Revenue (EV/Rev) |
|
3.12 |
4.17 |
3.96 |
3.98 |
5.32 |
2.65 |
0.50 |
1.84 |
3.84 |
3.92 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
7.57 |
9.53 |
9.04 |
9.22 |
11.39 |
7.74 |
1.06 |
4.80 |
14.02 |
9.56 |
| Enterprise Value to EBIT (EV/EBIT) |
|
9.19 |
11.73 |
10.62 |
10.66 |
13.01 |
8.34 |
1.15 |
5.18 |
16.29 |
10.51 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
13.16 |
16.75 |
16.75 |
13.06 |
16.16 |
10.41 |
1.52 |
6.93 |
22.02 |
14.16 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.65 |
12.05 |
14.70 |
9.52 |
15.35 |
8.35 |
0.96 |
2.19 |
11.46 |
11.47 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
13.16 |
0.00 |
1.30 |
0.00 |
0.00 |
1.78 |
0.00 |
0.29 |
0.00 |
5.99 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.00 |
0.07 |
0.00 |
0.24 |
0.49 |
0.05 |
0.03 |
0.62 |
0.93 |
0.74 |
| Long-Term Debt to Equity |
|
0.00 |
0.01 |
0.00 |
0.21 |
0.46 |
0.02 |
0.00 |
0.50 |
0.88 |
0.69 |
| Financial Leverage |
|
0.00 |
0.07 |
0.07 |
0.24 |
0.37 |
0.26 |
1.90 |
2.13 |
0.82 |
0.83 |
| Leverage Ratio |
|
0.00 |
7.60 |
7.60 |
6.44 |
6.48 |
6.80 |
7.60 |
10.42 |
11.24 |
10.26 |
| Compound Leverage Factor |
|
0.00 |
7.60 |
7.60 |
6.44 |
6.48 |
6.80 |
7.60 |
10.42 |
11.24 |
10.26 |
| Debt to Total Capital |
|
0.00% |
6.52% |
0.00% |
19.61% |
32.78% |
4.72% |
3.22% |
38.29% |
48.08% |
42.45% |
| Short-Term Debt to Total Capital |
|
0.00% |
6.04% |
0.00% |
2.42% |
2.01% |
3.00% |
3.22% |
7.68% |
2.62% |
2.66% |
| Long-Term Debt to Total Capital |
|
0.00% |
0.49% |
0.00% |
17.19% |
30.77% |
1.73% |
0.00% |
30.60% |
45.46% |
39.79% |
| Preferred Equity to Total Capital |
|
0.00% |
0.17% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
0.00% |
93.31% |
0.00% |
80.39% |
67.22% |
95.28% |
96.78% |
61.71% |
51.92% |
57.55% |
| Debt to EBITDA |
|
0.00 |
0.47 |
0.00 |
2.03 |
3.82 |
0.56 |
0.14 |
3.17 |
8.45 |
4.78 |
| Net Debt to EBITDA |
|
0.00 |
-0.74 |
0.00 |
0.89 |
2.92 |
-2.59 |
-2.59 |
0.50 |
4.50 |
2.40 |
| Long-Term Debt to EBITDA |
|
0.00 |
0.04 |
0.00 |
1.78 |
3.58 |
0.21 |
0.00 |
2.53 |
7.99 |
4.48 |
| Debt to NOPAT |
|
0.00 |
0.83 |
0.00 |
2.87 |
5.42 |
0.75 |
0.20 |
4.57 |
13.27 |
7.07 |
| Net Debt to NOPAT |
|
0.00 |
-1.31 |
0.00 |
1.26 |
4.14 |
-3.48 |
-3.72 |
0.72 |
7.07 |
3.55 |
| Long-Term Debt to NOPAT |
|
0.00 |
0.06 |
0.00 |
2.52 |
5.08 |
0.28 |
0.00 |
3.65 |
12.54 |
6.63 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.18% |
0.18% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
99 |
-1,233 |
1,451 |
-2,357 |
-489 |
903 |
-8,972 |
8,174 |
-5,254 |
1,262 |
| Operating Cash Flow to CapEx |
|
1,777.55% |
3,226.70% |
1,978.83% |
0.00% |
0.00% |
3,331.46% |
4,281.71% |
3,932.03% |
0.00% |
1,847.37% |
| Free Cash Flow to Firm to Interest Expense |
|
24.68 |
-283.55 |
214.76 |
-129.28 |
-13.38 |
51.05 |
-211.61 |
104.80 |
-7.04 |
1.22 |
| Operating Cash Flow to Interest Expense |
|
33.66 |
33.53 |
19.02 |
13.01 |
5.60 |
10.87 |
15.63 |
13.65 |
0.90 |
0.64 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
31.76 |
32.49 |
18.06 |
13.27 |
5.61 |
10.54 |
15.27 |
13.31 |
0.95 |
0.60 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.00 |
0.09 |
0.10 |
0.09 |
0.04 |
0.04 |
0.07 |
0.05 |
0.05 |
0.04 |
| Fixed Asset Turnover |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.53 |
3.69 |
7.64 |
7.29 |
7.76 |
5.61 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
0.00 |
1,338 |
0.00 |
2,530 |
3,213 |
2,464 |
11,856 |
4,018 |
9,621 |
8,893 |
| Invested Capital Turnover |
|
0.00 |
0.63 |
0.71 |
0.45 |
0.21 |
0.21 |
0.18 |
0.16 |
0.29 |
0.21 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
1,338 |
-1,338 |
2,530 |
683 |
-749 |
9,392 |
-7,837 |
5,603 |
-728 |
| Enterprise Value (EV) |
|
1,301 |
1,757 |
1,890 |
2,257 |
3,142 |
1,605 |
639 |
2,332 |
7,678 |
7,556 |
| Market Capitalization |
|
1,301 |
1,891 |
1,890 |
2,039 |
2,337 |
2,142 |
2,203 |
2,088 |
5,214 |
5,659 |
| Book Value per Share |
|
$0.00 |
$21.52 |
$0.00 |
$27.76 |
$29.94 |
$32.79 |
$32.97 |
$31.53 |
$23.95 |
$24.43 |
| Tangible Book Value per Share |
|
$0.00 |
$14.62 |
$0.00 |
$16.68 |
$18.83 |
$21.72 |
$22.04 |
$31.47 |
$16.12 |
$17.20 |
| Total Capital |
|
0.00 |
1,338 |
0.00 |
2,530 |
3,213 |
2,464 |
2,675 |
4,018 |
9,621 |
8,893 |
| Total Debt |
|
0.00 |
87 |
0.00 |
496 |
1,053 |
116 |
86 |
1,539 |
4,626 |
3,775 |
| Total Long-Term Debt |
|
0.00 |
6.49 |
0.00 |
435 |
989 |
43 |
0.00 |
1,230 |
4,374 |
3,539 |
| Net Debt |
|
0.00 |
-137 |
0.00 |
218 |
806 |
-537 |
-1,563 |
244 |
2,464 |
1,897 |
| Capital Expenditures (CapEx) |
|
7.58 |
4.52 |
6.50 |
-4.70 |
-0.19 |
5.77 |
15 |
27 |
-41 |
36 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
0.00 |
87 |
0.00 |
496 |
1,053 |
116 |
9,267 |
1,539 |
4,626 |
3,775 |
| Total Depreciation and Amortization (D&A) |
|
30 |
35 |
31 |
33 |
34 |
15 |
46 |
35 |
77 |
71 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.71 |
$1.81 |
$1.86 |
$2.36 |
$2.68 |
$2.17 |
$2.79 |
$3.20 |
$1.79 |
$2.56 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
57.02M |
57.18M |
59.88M |
72.39M |
72.00M |
70.84M |
72.68M |
78.05M |
195.30M |
208.46M |
| Adjusted Diluted Earnings per Share |
|
$1.71 |
$1.81 |
$1.86 |
$2.36 |
$2.68 |
$2.17 |
$2.78 |
$3.20 |
$1.78 |
$2.55 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
57.03M |
57.19M |
59.89M |
72.39M |
72.03M |
70.88M |
72.87M |
78.19M |
195.87M |
209.34M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$2.68 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
57.74M |
58.17M |
73.04M |
73.27M |
72.15M |
71.63M |
78.54M |
78.68M |
208.63M |
209.65M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
99 |
105 |
113 |
173 |
194 |
154 |
432 |
350 |
476 |
551 |
| Normalized NOPAT Margin |
|
23.74% |
24.87% |
23.62% |
30.49% |
32.93% |
25.51% |
33.84% |
27.55% |
23.82% |
28.57% |
| Pre Tax Income Margin |
|
34.01% |
35.52% |
37.26% |
37.35% |
40.91% |
31.82% |
43.74% |
35.49% |
23.59% |
37.25% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
35.37 |
34.43 |
26.34 |
11.62 |
6.61 |
10.87 |
13.17 |
5.78 |
0.63 |
0.69 |
| NOPAT to Interest Expense |
|
24.68 |
24.11 |
16.70 |
9.48 |
5.32 |
8.72 |
9.91 |
4.32 |
0.47 |
0.51 |
| EBIT Less CapEx to Interest Expense |
|
33.48 |
33.39 |
25.38 |
11.88 |
6.62 |
10.54 |
12.80 |
5.43 |
0.69 |
0.66 |
| NOPAT Less CapEx to Interest Expense |
|
22.79 |
23.07 |
15.74 |
9.74 |
5.33 |
8.39 |
9.55 |
3.97 |
0.52 |
0.48 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
78.32% |
84.71% |
45.47% |
48.26% |
52.41% |
61.92% |
43.72% |
54.13% |
77.50% |
56.26% |
| Augmented Payout Ratio |
|
79.24% |
85.78% |
51.98% |
48.26% |
78.55% |
74.89% |
62.91% |
55.36% |
79.30% |
57.33% |
Quarterly Metrics And Ratios for Columbia Banking System
This table displays calculated financial ratios and metrics derived from Columbia Banking System's official financial filings.
| Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
102.59% |
-58.70% |
39.10% |
72.59% |
65.54% |
52.53% |
10.31% |
-9.83% |
-5.43% |
-6.17% |
3.73% |
| EBITDA Growth |
|
69.04% |
-68.06% |
-105.80% |
77.47% |
68.95% |
23.61% |
2,634.59% |
-13.59% |
5.40% |
40.42% |
-24.14% |
| EBIT Growth |
|
67.71% |
-68.57% |
-115.58% |
70.33% |
64.98% |
13.02% |
993.40% |
-10.05% |
6.67% |
51.37% |
-26.75% |
| NOPAT Growth |
|
58.52% |
-68.14% |
-114.53% |
69.71% |
61.64% |
12.74% |
1,036.68% |
-9.92% |
7.61% |
53.18% |
-30.20% |
| Net Income Growth |
|
58.52% |
-68.14% |
-115.40% |
69.71% |
61.64% |
12.74% |
983.89% |
-9.92% |
7.61% |
53.18% |
-30.20% |
| EPS Growth |
|
-12.16% |
-34.02% |
-112.86% |
4.92% |
0.00% |
-9.38% |
755.56% |
-10.94% |
7.69% |
18.97% |
-30.51% |
| Operating Cash Flow Growth |
|
425.72% |
-66.14% |
-114.15% |
-12.73% |
8.01% |
-42.40% |
576.06% |
-43.57% |
-80.80% |
176.98% |
-34.23% |
| Free Cash Flow Firm Growth |
|
1,443.01% |
186.74% |
-62,187.94% |
-5,105.94% |
-2,499.79% |
-169.56% |
123.62% |
125.12% |
99.05% |
115.82% |
-45.69% |
| Invested Capital Growth |
|
-8.60% |
-66.11% |
373.21% |
399.14% |
323.63% |
139.44% |
-17.58% |
-18.77% |
2.28% |
-7.57% |
-11.38% |
| Revenue Q/Q Growth |
|
4.50% |
7.35% |
26.17% |
21.94% |
0.23% |
-1.09% |
-8.75% |
-0.33% |
5.13% |
-1.86% |
0.87% |
| EBITDA Q/Q Growth |
|
4.21% |
0.81% |
-106.26% |
2,800.52% |
-0.79% |
-26.24% |
28.26% |
-7.93% |
21.02% |
-1.73% |
-30.71% |
| EBIT Q/Q Growth |
|
6.06% |
0.82% |
-116.83% |
1,046.31% |
2.73% |
-30.93% |
33.05% |
-4.72% |
21.83% |
-1.99% |
-35.61% |
| NOPAT Q/Q Growth |
|
6.93% |
-1.28% |
-115.97% |
1,106.86% |
1.85% |
-31.15% |
32.66% |
-3.17% |
21.67% |
-1.99% |
-39.55% |
| Net Income Q/Q Growth |
|
6.93% |
-1.28% |
-116.92% |
1,050.11% |
1.85% |
-31.15% |
32.66% |
-3.17% |
21.67% |
-1.99% |
-39.55% |
| EPS Q/Q Growth |
|
6.56% |
-1.54% |
-114.06% |
811.11% |
1.56% |
-10.77% |
1.72% |
-3.39% |
22.81% |
-1.43% |
-40.58% |
| Operating Cash Flow Q/Q Growth |
|
6.21% |
-50.53% |
-124.30% |
783.47% |
31.46% |
-73.62% |
100.83% |
-18.98% |
-55.27% |
280.61% |
-52.31% |
| Free Cash Flow Firm Q/Q Growth |
|
58.08% |
2,622.97% |
-214.79% |
-1.31% |
24.22% |
21.07% |
138.98% |
7.74% |
-102.86% |
1,419.06% |
33.84% |
| Invested Capital Q/Q Growth |
|
-6.08% |
82.75% |
186.47% |
1.52% |
-20.29% |
3.29% |
-1.39% |
0.05% |
0.37% |
-6.65% |
-5.45% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
37.76% |
35.46% |
-1.76% |
38.93% |
38.53% |
28.74% |
40.39% |
37.31% |
42.95% |
43.01% |
29.54% |
| EBIT Margin |
|
35.17% |
33.03% |
-4.41% |
34.20% |
35.05% |
24.48% |
35.69% |
34.12% |
39.54% |
39.49% |
25.20% |
| Profit (Net Income) Margin |
|
26.51% |
24.38% |
-3.27% |
25.47% |
25.88% |
18.02% |
26.19% |
25.45% |
29.45% |
29.41% |
17.63% |
| Tax Burden Percent |
|
75.36% |
73.79% |
74.18% |
74.48% |
73.84% |
73.61% |
73.39% |
74.58% |
74.49% |
74.49% |
69.93% |
| Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
|
24.64% |
26.21% |
0.00% |
25.52% |
26.16% |
26.39% |
26.61% |
25.42% |
25.51% |
25.51% |
30.07% |
| Return on Invested Capital (ROIC) |
|
20.19% |
3.90% |
-0.62% |
5.85% |
8.17% |
5.28% |
5.09% |
4.78% |
6.13% |
6.13% |
3.84% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
20.19% |
3.90% |
-0.64% |
5.85% |
8.17% |
5.28% |
5.09% |
4.78% |
6.13% |
6.13% |
3.84% |
| Return on Net Nonoperating Assets (RNNOA) |
|
0.75% |
8.31% |
-0.59% |
5.75% |
5.77% |
4.35% |
5.77% |
5.55% |
5.53% |
5.09% |
2.90% |
| Return on Equity (ROE) |
|
20.94% |
12.21% |
-1.21% |
11.60% |
13.95% |
9.63% |
10.87% |
10.33% |
11.66% |
11.22% |
6.73% |
| Cash Return on Invested Capital (CROIC) |
|
31.32% |
102.99% |
-126.90% |
-129.16% |
-117.74% |
-77.04% |
23.91% |
25.19% |
2.88% |
13.63% |
17.61% |
| Operating Return on Assets (OROA) |
|
3.16% |
1.59% |
-0.16% |
1.49% |
1.76% |
1.16% |
1.37% |
1.29% |
1.49% |
1.47% |
0.95% |
| Return on Assets (ROA) |
|
2.38% |
1.17% |
-0.12% |
1.11% |
1.30% |
0.86% |
1.01% |
0.96% |
1.11% |
1.09% |
0.66% |
| Return on Common Equity (ROCE) |
|
20.94% |
12.21% |
-1.21% |
11.60% |
13.95% |
9.63% |
10.87% |
10.33% |
11.66% |
11.22% |
6.73% |
| Return on Equity Simple (ROE_SIMPLE) |
|
24.31% |
0.00% |
4.74% |
5.93% |
7.30% |
0.00% |
9.82% |
9.52% |
9.18% |
0.00% |
9.47% |
| Net Operating Profit after Tax (NOPAT) |
|
84 |
83 |
-13 |
133 |
136 |
94 |
124 |
120 |
146 |
143 |
87 |
| NOPAT Margin |
|
26.51% |
24.38% |
-3.08% |
25.47% |
25.88% |
18.02% |
26.19% |
25.45% |
29.45% |
29.41% |
17.63% |
| Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.02% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
45.96% |
42.01% |
41.65% |
41.23% |
39.06% |
40.69% |
42.59% |
40.77% |
39.37% |
39.53% |
40.05% |
| Operating Expenses to Revenue |
|
56.13% |
57.29% |
79.83% |
62.74% |
57.95% |
64.95% |
60.69% |
59.14% |
54.67% |
54.72% |
69.22% |
| Earnings before Interest and Taxes (EBIT) |
|
112 |
112 |
-19 |
179 |
184 |
127 |
169 |
161 |
196 |
192 |
124 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
120 |
121 |
-7.55 |
204 |
202 |
149 |
191 |
176 |
213 |
209 |
145 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.95 |
0.84 |
0.31 |
0.80 |
0.85 |
1.04 |
0.79 |
0.82 |
1.04 |
1.11 |
1.00 |
| Price to Tangible Book Value (P/TBV) |
|
1.59 |
0.84 |
0.48 |
1.24 |
1.33 |
1.55 |
1.16 |
1.20 |
1.47 |
1.57 |
1.39 |
| Price to Revenue (P/Rev) |
|
1.14 |
1.64 |
1.09 |
2.40 |
2.17 |
2.61 |
1.91 |
2.06 |
2.79 |
2.93 |
2.69 |
| Price to Earnings (P/E) |
|
3.90 |
6.20 |
6.55 |
13.51 |
11.67 |
14.95 |
8.01 |
8.66 |
11.30 |
10.60 |
10.54 |
| Dividend Yield |
|
5.80% |
4.52% |
6.23% |
6.79% |
6.97% |
5.52% |
7.70% |
7.35% |
5.52% |
5.33% |
5.77% |
| Earnings Yield |
|
25.64% |
16.13% |
15.27% |
7.40% |
8.57% |
6.69% |
12.48% |
11.55% |
8.85% |
9.43% |
9.49% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.81 |
0.58 |
0.39 |
0.63 |
0.67 |
0.80 |
0.66 |
0.69 |
0.80 |
0.85 |
0.75 |
| Enterprise Value to Revenue (EV/Rev) |
|
1.01 |
1.84 |
3.24 |
4.55 |
3.42 |
3.84 |
3.05 |
3.29 |
3.88 |
3.92 |
3.25 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
2.40 |
4.80 |
12.96 |
16.76 |
11.99 |
14.02 |
8.35 |
9.11 |
10.43 |
9.56 |
8.50 |
| Enterprise Value to EBIT (EV/EBIT) |
|
2.55 |
5.18 |
14.53 |
19.06 |
13.64 |
16.29 |
9.45 |
10.21 |
11.65 |
10.51 |
9.39 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
3.44 |
6.93 |
19.47 |
25.56 |
18.42 |
22.02 |
12.80 |
13.83 |
15.73 |
14.16 |
12.75 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
1.29 |
2.19 |
6.00 |
10.28 |
8.44 |
11.46 |
6.97 |
8.41 |
15.37 |
11.47 |
10.63 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
2.46 |
0.29 |
0.00 |
0.00 |
0.00 |
0.00 |
2.48 |
2.46 |
28.02 |
5.99 |
4.01 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.04 |
0.62 |
1.36 |
1.42 |
1.01 |
0.93 |
0.91 |
0.91 |
0.81 |
0.74 |
0.61 |
| Long-Term Debt to Equity |
|
0.02 |
0.50 |
1.30 |
1.36 |
0.96 |
0.88 |
0.87 |
0.87 |
0.77 |
0.69 |
0.08 |
| Financial Leverage |
|
0.04 |
2.13 |
0.92 |
0.98 |
0.71 |
0.82 |
1.13 |
1.16 |
0.90 |
0.83 |
0.76 |
| Leverage Ratio |
|
8.79 |
10.42 |
10.35 |
10.49 |
10.73 |
11.24 |
10.79 |
10.77 |
10.49 |
10.26 |
10.18 |
| Compound Leverage Factor |
|
8.79 |
10.42 |
10.35 |
10.49 |
10.73 |
11.24 |
10.79 |
10.77 |
10.49 |
10.26 |
10.18 |
| Debt to Total Capital |
|
3.79% |
38.29% |
57.57% |
58.68% |
50.27% |
48.08% |
47.75% |
47.57% |
44.65% |
42.45% |
37.71% |
| Short-Term Debt to Total Capital |
|
2.22% |
7.68% |
2.35% |
2.52% |
2.77% |
2.62% |
2.25% |
2.08% |
1.93% |
2.66% |
32.61% |
| Long-Term Debt to Total Capital |
|
1.58% |
30.60% |
55.21% |
56.16% |
47.50% |
45.46% |
45.50% |
45.49% |
42.72% |
39.79% |
5.09% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
96.21% |
61.71% |
42.43% |
41.32% |
49.73% |
51.92% |
52.25% |
52.43% |
55.36% |
57.55% |
62.29% |
| Debt to EBITDA |
|
0.11 |
3.17 |
19.06 |
15.70 |
9.02 |
8.45 |
6.07 |
6.28 |
5.83 |
4.78 |
4.26 |
| Net Debt to EBITDA |
|
-0.32 |
0.50 |
8.60 |
7.90 |
4.39 |
4.50 |
3.12 |
3.40 |
2.94 |
2.40 |
1.48 |
| Long-Term Debt to EBITDA |
|
0.05 |
2.53 |
18.28 |
15.03 |
8.52 |
7.99 |
5.78 |
6.01 |
5.58 |
4.48 |
0.58 |
| Debt to NOPAT |
|
0.16 |
4.57 |
28.62 |
23.95 |
13.85 |
13.27 |
9.31 |
9.54 |
8.79 |
7.07 |
6.39 |
| Net Debt to NOPAT |
|
-0.46 |
0.72 |
12.92 |
12.05 |
6.74 |
7.07 |
4.79 |
5.17 |
4.43 |
3.55 |
2.21 |
| Long-Term Debt to NOPAT |
|
0.07 |
3.65 |
27.45 |
22.92 |
13.08 |
12.54 |
8.87 |
9.12 |
8.41 |
6.63 |
0.86 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
291 |
7,920 |
-9,092 |
-9,211 |
-6,980 |
-5,510 |
2,147 |
2,314 |
-66 |
871 |
1,166 |
| Operating Cash Flow to CapEx |
|
5,155.07% |
1,013.22% |
-1,117.81% |
0.00% |
0.00% |
2,743.42% |
3,144.74% |
0.00% |
0.00% |
1,636.17% |
0.00% |
| Free Cash Flow to Firm to Interest Expense |
|
18.27 |
169.35 |
-89.80 |
-48.04 |
-32.45 |
-23.15 |
8.23 |
8.63 |
-0.25 |
3.64 |
5.25 |
| Operating Cash Flow to Interest Expense |
|
20.36 |
3.43 |
-0.38 |
1.39 |
1.63 |
0.39 |
0.71 |
0.56 |
0.25 |
1.07 |
0.55 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
19.96 |
3.09 |
-0.42 |
1.39 |
1.63 |
0.37 |
0.69 |
0.56 |
0.25 |
1.00 |
0.55 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.09 |
0.05 |
0.04 |
0.04 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
| Fixed Asset Turnover |
|
10.98 |
7.29 |
5.10 |
5.99 |
7.28 |
7.76 |
5.73 |
5.63 |
5.80 |
5.61 |
5.71 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
2,199 |
4,018 |
11,512 |
11,686 |
9,315 |
9,621 |
9,488 |
9,493 |
9,527 |
8,893 |
8,409 |
| Invested Capital Turnover |
|
0.76 |
0.16 |
0.20 |
0.23 |
0.32 |
0.29 |
0.19 |
0.19 |
0.21 |
0.21 |
0.22 |
| Increase / (Decrease) in Invested Capital |
|
-207 |
-7,837 |
9,079 |
9,345 |
7,116 |
5,603 |
-2,023 |
-2,193 |
212 |
-728 |
-1,080 |
| Enterprise Value (EV) |
|
1,771 |
2,332 |
4,508 |
7,320 |
6,227 |
7,678 |
6,232 |
6,548 |
7,612 |
7,556 |
6,327 |
| Market Capitalization |
|
2,005 |
2,088 |
1,516 |
3,869 |
3,948 |
5,214 |
3,902 |
4,101 |
5,470 |
5,659 |
5,229 |
| Book Value per Share |
|
$26.90 |
$31.53 |
$62.09 |
$23.16 |
$22.21 |
$23.95 |
$23.80 |
$23.77 |
$25.18 |
$24.43 |
$24.98 |
| Tangible Book Value per Share |
|
$16.08 |
$31.47 |
$40.07 |
$15.03 |
$14.22 |
$16.12 |
$16.12 |
$16.26 |
$17.81 |
$17.20 |
$17.90 |
| Total Capital |
|
2,199 |
4,018 |
11,512 |
11,686 |
9,315 |
9,621 |
9,488 |
9,493 |
9,527 |
8,893 |
8,409 |
| Total Debt |
|
83 |
1,539 |
6,627 |
6,858 |
4,683 |
4,626 |
4,531 |
4,516 |
4,253 |
3,775 |
3,171 |
| Total Long-Term Debt |
|
35 |
1,230 |
6,356 |
6,563 |
4,424 |
4,374 |
4,317 |
4,318 |
4,070 |
3,539 |
428 |
| Net Debt |
|
-234 |
244 |
2,992 |
3,451 |
2,279 |
2,464 |
2,330 |
2,447 |
2,142 |
1,897 |
1,098 |
| Capital Expenditures (CapEx) |
|
6.29 |
16 |
3.49 |
0.00 |
0.00 |
3.37 |
5.90 |
0.00 |
0.00 |
16 |
0.00 |
| Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.79 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
83 |
1,539 |
6,627 |
6,858 |
4,683 |
4,626 |
4,531 |
4,516 |
4,253 |
3,775 |
3,171 |
| Total Depreciation and Amortization (D&A) |
|
8.20 |
8.26 |
11 |
25 |
18 |
22 |
22 |
15 |
17 |
17 |
21 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.83 |
$0.63 |
($0.09) |
$0.64 |
$0.65 |
$0.59 |
$0.60 |
$0.58 |
$0.70 |
$0.68 |
$0.41 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
78.10M |
129.28M |
156.38M |
207.98M |
208.07M |
195.30M |
208.26M |
208.50M |
208.55M |
208.46M |
208.80M |
| Adjusted Diluted Earnings per Share |
|
$0.83 |
$0.64 |
($0.09) |
$0.64 |
$0.65 |
$0.58 |
$0.59 |
$0.57 |
$0.70 |
$0.69 |
$0.41 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
78.23M |
129.73M |
156.38M |
208.55M |
208.65M |
195.87M |
208.96M |
209.01M |
209.45M |
209.34M |
210.02M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
78.65M |
78.68M |
208.46M |
208.57M |
208.58M |
208.63M |
209.38M |
209.48M |
209.53M |
209.65M |
210.20M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
85 |
92 |
68 |
155 |
150 |
99 |
127 |
131 |
148 |
145 |
97 |
| Normalized NOPAT Margin |
|
26.69% |
26.90% |
15.81% |
29.69% |
28.55% |
19.03% |
26.89% |
27.76% |
29.80% |
29.75% |
19.67% |
| Pre Tax Income Margin |
|
35.17% |
33.03% |
-4.41% |
34.20% |
35.05% |
24.48% |
35.69% |
34.12% |
39.54% |
39.49% |
25.20% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
7.00 |
2.40 |
-0.19 |
0.93 |
0.86 |
0.53 |
0.65 |
0.60 |
0.73 |
0.80 |
0.56 |
| NOPAT to Interest Expense |
|
5.28 |
1.77 |
-0.13 |
0.70 |
0.63 |
0.39 |
0.48 |
0.45 |
0.54 |
0.60 |
0.39 |
| EBIT Less CapEx to Interest Expense |
|
6.61 |
2.07 |
-0.22 |
0.93 |
0.86 |
0.52 |
0.63 |
0.60 |
0.73 |
0.74 |
0.56 |
| NOPAT Less CapEx to Interest Expense |
|
4.88 |
1.44 |
-0.17 |
0.70 |
0.63 |
0.38 |
0.45 |
0.45 |
0.54 |
0.53 |
0.39 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
50.66% |
54.13% |
78.74% |
73.90% |
71.25% |
77.50% |
61.56% |
63.32% |
62.00% |
56.26% |
60.54% |
| Augmented Payout Ratio |
|
50.66% |
55.36% |
81.04% |
76.00% |
73.06% |
79.30% |
62.77% |
64.57% |
63.20% |
57.33% |
62.07% |
Key Financial Trends
Columbia Banking System (NASDAQ: COLB) has demonstrated solid financial performance over the past four years with some notable trends in its quarterly financial statements through Q1 2025.
Revenue and Net Interest Income:
- Net interest income has steadily grown from approximately $287.6 million in Q3 2022 to around $425.0 million in Q1 2025, showing consistent strength in the bank’s core lending activities.
- Total interest income also increased from $303.5 million in Q3 2022 to $647.2 million in Q1 2025, reflecting growth in loans and leases interest income, which remains the largest component.
- Total interest expense rose over this period, from $15.9 million in Q3 2022 up to $222.2 million in Q1 2025, consistent with growing liabilities such as deposits and debt.
- Non-interest income fluctuated but remained a smaller portion of total revenue compared to interest income, with $66.4 million in Q1 2025 versus $29.4 million in Q3 2022.
Profitability:
- Net income attributable to common shareholders grew significantly over the years, reaching approximately $86.6 million in Q1 2025 compared to $84.0 million in Q3 2022, despite quarter-to-quarter fluctuations.
- There was a notable loss in Q1 2023 (-$14.0 million), driven primarily by a large restructuring charge and provision for loan losses, but the company rebounded strongly afterward.
- Earnings per share (diluted) in Q1 2025 stood at $0.41, down from a peak of around $0.70 seen in late 2024, reflecting variations in net income and share count over time.
Expenses and Provisions:
- Provision for credit losses fluctuated, with a particularly high $105.5 million provision in Q1 2023, indicative of heightened credit risk or conservative management. It decreased to $27.4 million by Q1 2025, suggesting some stabilization.
- Non-interest expenses grew, especially salaries and employee benefits that rose from about $109 million in Q2 2022 to $145 million in Q1 2025, as well as restructuring charges which peaked at $116 million in Q1 2023 but tapered off thereafter.
Balance Sheet and Capital Structure:
- Total assets expanded steadily from around $20.4 billion in Q3 2022 to $51.5 billion in Q1 2025, reflecting the bank’s asset growth strategy, mainly through increased loans and leases.
- Loans and leases net of allowances grew from approximately $11.5 billion in Q3 2022 to $37.2 billion by Q1 2025, showing strong lending activity.
- Allowance for loan and lease losses increased in line with growth in loans, hovering around 1-1.1% of loans, which demonstrates ongoing credit risk monitoring.
- Accumulated other comprehensive loss increased in magnitude to -$358 million by Q1 2025, potentially reflecting unrealized losses on securities or other comprehensive income items.
- Total common equity grew from about $4.6 billion in Q3 2022 to $5.2 billion in Q1 2025, providing a solid capital base relative to assets.
Cash Flow and Liquidity:
- Net cash provided by operating activities demonstrated strength, with $122 million generated in Q1 2025, supporting operating liquidity.
- The company is actively managing investing activities, frequently purchasing and selling investment securities, resulting in fluctuating net cash flows from investing.
- Financing activities showed negative cash flows in recent quarters (e.g., -$178 million in Q1 2025), mainly due to debt repayments and dividend payments, which require ongoing capital management.
- Cash and due from banks stood at a solid $591 million in Q1 2025, up from $263 million in Q3 2022, enhancing liquidity buffers.
Summary:
Columbia Banking System has exhibited significant growth in assets, loans, and net interest income over the last few years, leading to improved core earnings capacity. However, the bank experienced some profit volatility linked to elevated credit loss provisions and restructuring costs, notably in 2023, though recent quarters show recovery and more stable profitability.
The balance sheet has expanded considerably, with a notable increase in loans and a commensurate rise in allowance for loan losses, indicating prudent credit risk management. Expense growth, particularly in personnel and restructuring, has dampened net income growth somewhat, and investors should monitor these expense drivers going forward.
Cash flow remains positive from operations, supporting the bank’s liquidity profile amid active investing and financing activities. Overall, Columbia Banking System presents as a growing regional bank with improving earnings but some caution warranted around credit costs and expense control.
10/26/25 06:27 AM ETAI Generated. May Contain Errors.