Columbia Banking System, Inc. logo

Columbia Banking System, Inc.

COLB

NASDAQFinancial ServicesBanks - Regional

Previous close

$30.81

−$0.03 · -0.10%

Aug 21, 4:00 PM ET

COLB company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

68

Undervalued

Momentum

54

Neutral

Sentiment

57

Mixed

Risk resilience

83

Low Risk

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Company profile

Company website

Columbia Banking System, Inc. operates as the bank holding company for Columbia Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest-bearing checking, interest-bearing checking and savings, money market, insured cash sweep and other investment sweep solutions, and certificates of deposit. It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, commercial property loans, multifamily loans, equipment loans, commercial equipment leases, real estate construction loans, permanent financing, small business administration program financing, and capital markets services. In addition, the company offers wealth management, comprising financial planning, investment, trust, insurance, and private banking solutions, as well as treasury management, which includes digital and mobile banking solutions, ACH, wires, positive pay, remote deposit capture, integrated payments, integrated receivables, lockbox, cash vault, real-time payments, commercial card, foreign exchange, trade and supply chain finance, international banking related products, and merchant services. Further, it provides residential real estate loans and consumer loans. The company serves corporate, institutional, small business, and individual customers in the United States. Columbia Banking System, Inc. was founded in 1953 and is based in Tacoma, Washington.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Clint Stein
Listed since
Jun 16, 1992
Employees
6,005

Market position

Day range

Current $30.81

52-week range

Current $30.81

Open
$31.145
Previous close
$30.84
Volume
1.99M
0.7× average
Average volume
2.86M
Average daily volume
Market cap
8.71B USD
Beta
0.66
Market reference 1
50-day average
$31.7096
-2.84% below average
200-day average
$29.4863
+4.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
11.75B USD
P/E (TTM)
12.23×
P/B (TTM)
1.16×
P/S (TTM)
2.45×
EV / EBITDA
13.13×
Earnings yield
6.66%
Free cash flow yield
8.55%
Dividend yield
4.77%

Profitability & efficiency

Gross margin
70.97%
Operating margin
26.78%
Net margin
19.96%
Return on equity
7.02%
Return on assets
0.82%
Return on invested capital
0.84%

Financial health

Debt / equity
0.65×
Current ratio
0.22×
Altman Z-score
-0.83
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends109%74%39%4%Gross margin, FY2021: 100.02%Gross margin, FY2022: 87.98%Gross margin, FY2023: 65.03%Gross margin, FY2024: 61.47%Gross margin, FY2025: 67.66%Operating margin, FY2021: 42.34%Operating margin, FY2022: 33.44%Operating margin, FY2023: 17.18%Operating margin, FY2024: 24.23%Operating margin, FY2025: 23.38%Net margin, FY2021: 31.88%Net margin, FY2022: 24.99%Net margin, FY2023: 12.71%Net margin, FY2024: 17.99%Net margin, FY2025: 17.11%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.02%. Gross margin FY2022 87.98%. Gross margin FY2023 65.03%. Gross margin FY2024 61.47%. Gross margin FY2025 67.66%. Operating margin FY2021 42.34%. Operating margin FY2022 33.44%. Operating margin FY2023 17.18%. Operating margin FY2024 24.23%. Operating margin FY2025 23.38%. Net margin FY2021 31.88%. Net margin FY2022 24.99%. Net margin FY2023 12.71%. Net margin FY2024 17.99%. Net margin FY2025 17.11%.

Income trends

Revenue

3.21B USD+8.35%

Operating income

751.31M USD+4.53%

Net income

550.03M USD+3.06%
Income trends across reported periods3.5B USD2.35B USD1.2B USD49.05M USDRevenue, FY2021: 1.32B USDRevenue, FY2022: 1.35B USDRevenue, FY2023: 2.74B USDRevenue, FY2024: 2.97B USDRevenue, FY2025: 3.21B USDOperating income, FY2021: 558.16M USDOperating income, FY2022: 450.58M USDOperating income, FY2023: 471.2M USDOperating income, FY2024: 718.75M USDOperating income, FY2025: 751.31M USDNet income, FY2021: 420.3M USDNet income, FY2022: 336.75M USDNet income, FY2023: 348.72M USDNet income, FY2024: 533.68M USDNet income, FY2025: 550.03M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.32B USD. Revenue FY2022 1.35B USD. Revenue FY2023 2.74B USD. Revenue FY2024 2.97B USD. Revenue FY2025 3.21B USD. Operating income FY2021 558.16M USD. Operating income FY2022 450.58M USD. Operating income FY2023 471.2M USD. Operating income FY2024 718.75M USD. Operating income FY2025 751.31M USD. Net income FY2021 420.3M USD. Net income FY2022 336.75M USD. Net income FY2023 348.72M USD. Net income FY2024 533.68M USD. Net income FY2025 550.03M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.21B USD2.97B USD2.74B USD1.35B USD1.32B USD
Cost of goods sold1.04B USD1.14B USD959.36M USD162.02M USD−255K USD
Gross profit2.17B USD1.82B USD1.78B USD1.19B USD1.32B USD
Selling, general, and administrative706.49M USD641.44M USD698.9M USD461.73M USD497.44M USD
Operating expenses1.42B USD1.1B USD1.31B USD734.95M USD760.46M USD
Interest income2.91B USD2.74B USD2.53B USD1.15B USD960.73M USD
Interest expense912.49M USD1.04B USD746.16M USD78M USD42.4M USD
Depreciation and amortization144M USD149.87M USD144.25M USD28.31M USD31.5M USD
Operating income751.31M USD718.75M USD471.2M USD450.58M USD558.16M USD
Net income550.03M USD533.68M USD348.72M USD336.75M USD420.3M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+7.37%
11 comparable reports
Latest EPS result
0.76
Estimate 0.73 · Beat by 4.54%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.890.790.70.6Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 0.71, estimate 0.65, surprise +9.23%, Beat. Q2 2025, reported Apr 23, 2025: actual 0.67, estimate 0.638, surprise +5.02%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.76, estimate 0.662, surprise +14.80%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.85, estimate 0.7, surprise +21.43%, Beat. Q1 2026, reported Jan 22, 2026: actual 0.82, estimate 0.72, surprise +13.89%, Beat. Q2 2026, reported Apr 23, 2026: actual 0.72, estimate 0.686, surprise +4.96%, Beat. Q3 2026, reported Jul 23, 2026: actual 0.76, estimate 0.727, surprise +4.54%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.77, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates743.6M646.47M549.35M452.22MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 23, 2025: actual 487.12M USD, estimate 480.82M USD, surprise +1.31%, Beat. Q2 2025, reported Apr 23, 2025: actual 491.37M USD, estimate 483.29M USD, surprise +1.67%, Beat. Q3 2025, reported Jul 24, 2025: actual 510.91M USD, estimate 493.09M USD, surprise +3.61%, Beat. Q4 2025, reported Oct 30, 2025: actual 582M USD, estimate 574.59M USD, surprise +1.29%, Beat. Q1 2026, reported Jan 22, 2026: actual 715M USD, estimate 695.26M USD, surprise +2.84%, Beat. Q2 2026, reported Apr 23, 2026: actual 675M USD, estimate 677.21M USD, surprise -0.33%, Miss. Q3 2026, reported Jul 23, 2026: actual 680M USD, estimate 687.4M USD, surprise -1.08%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 688.38M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$33.75

9.54% upside
Past 12 months12-month forecastHigh $35.00Average $33.75Low $31.00

Rating distribution

19 ratings
Strong buy15%
Buy947%
Hold947%
Sell00%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.45

2025 complete year+27.2% since 2021

2026 partial: $0.74

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 28, 2026

$0.37

Quarterly

Record Aug 28, 2026 · Payment Sep 14, 2026

Dividend

Ex-dividend May 29, 2026

$0.37

Quarterly

Record May 29, 2026 · Payment Jun 15, 2026

Dividend

Ex-dividend Feb 27, 2026

$0.37

Quarterly

Record Feb 27, 2026 · Payment Mar 16, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.37

Quarterly

Record Nov 28, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Aug 29, 2025

$0.36

Quarterly

Record Aug 29, 2025 · Payment Sep 15, 2025

Dividend

Ex-dividend May 30, 2025

$0.36

Quarterly

Record May 30, 2025 · Payment Jun 16, 2025

COLB peers

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