Columbia Banking System Inc (COLB) |
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Price: $19.5200
$-0.15
-0.763%
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Day's High:
| $19.8
| Week Perf:
| -4.5 %
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Day's Low: |
$ 19.47 |
30 Day Perf: |
-0.36 % |
Volume (M): |
850 |
52 Wk High: |
$ 35.53 |
Volume (M$): |
$ 16,594 |
52 Wk Avg: |
$25.57 |
Open: |
$19.75 |
52 Wk Low: |
$17.54 |
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Market Capitalization (Millions $) |
4,071 |
Shares
Outstanding (Millions) |
209 |
Employees |
1,868 |
Revenues (TTM) (Millions $) |
1,203 |
Net Income (TTM) (Millions $) |
451 |
Cash Flow (TTM) (Millions $) |
1,990 |
Capital Exp. (TTM) (Millions $) |
7 |
Columbia Banking System Inc
Our goal is to continue to be a leading Pacific Northwest regional community
banking company while consistently increasing shareholder value. We continue
to build on our reputation for excellent customer service in order to be recognized
as the bank of choice for retail customers and small to medium-sized businesses
in all markets we serve.
We have established a network of 149 branches in Washington, Oregon and Idaho
from which we intend to grow market share. We operate 74 branches in 21 counties
in the state of Washington, 59 branches in 16 counties in Oregon and 16 branches
in 10 counties in Idaho.
Our branch system funds our lending activities and allows for increased contact
with customers, better serving both retail and business depositors. We believe
this approach enables us to expand lending activities while attracting a stable
core deposit base and enhancing utilization of our full range of products and
services. To support our strategy of market penetration and increased profitability,
while continuing our personalized banking approach, we have invested in experienced
banking and administrative personnel and have incurred related costs in the
creation of our branch network. Our branch system and other delivery channels
are continually evaluated as an important component of ongoing efforts to improve
efficiencies without compromising customer service.
Company Address: 1301 A Street Tacoma 98402 WA
Company Phone Number: 305-1900 Stock Exchange / Ticker: NASDAQ COLB
COLB is expected to report next financial results on October 27, 2023. |
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Customers Net Income grew by |
COLB's Customers Net Profit Margin grew to |
16.86 % |
20.25 %
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Stock Performances by Major Competitors |
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Southern Missouri Bancorp Inc
Southern Missouri Bancorp Inc, a regional banking company, recently announced its financial results for the period ending June 30, 2023. Despite a decrease in income per share, the company experienced a significant increase in revenue. Additionally, the company reported an increase in net earnings compared to the same period last year. During the fourth quarter of 2022, Southern Missouri Bancorp Inc earned $1.39 in earnings per share (EPS). However, this figure fell to $1.18 per share in the corresponding period this year. Despite the decrease in earnings, the company's revenue rose by an impressive 30.45% during this time. This positive growth in revenue outperformed other companies in the regional banks industry, which only experienced a 14.76% increase in business.
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Greene County Bancorp Inc
Greene County Bancorp Inc, a regional bank, recently reported its financial results for the fourth quarter of 2023 earnings season. The earnings season revealed a significant deterioration in earnings per share (EPS) and a slight decrease in revenue, in contrast to the industry as a whole. This article explores the key findings and delves into the company's profitability, operating margin, and future outlook. Earnings Analysis Greene County Bancorp Inc experienced an 81.02% decline in EPS to $0.15 and a 0.48% decrease in revenue to $17.20 million in the fourth quarter of 2023 earnings season, compared to the same period in the previous year. These declines in revenue were noteworthy when compared to the overall positive performance of the Regional Banks industry during the same period.
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William Penn Bancorporation
In the fourth quarter of 2023 earnings season, William Penn Bancorporation, a regional bank, reported disappointing financial results. The company disclosed a soft top and bottom-line, with earnings per share dropping by 39.84% and revenue declining by 11.358% year on year. The company's revenue in the fourth quarter of 2023 was $5.85 million, down from $6.60 million in the same period a year before. Additionally, earnings per share decreased to $0.05 from $0.08 in the previous year. These figures indicate a decline in the company's financial performance.
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C And F Financial Corporation
CFFI, or C And F Financial Corporation, recently released its financial results for the April to June 30, 2023, period. While the company experienced a growth in revenue, its earnings per share (EPS) decreased compared to the previous year. In terms of revenue, CFFI saw a 9.523% increase, reaching $30.41 million, compared to $27.76 million in the previous year. However, the company's income decreased by 3.66% to $1.84 per share, compared to $1.91 in the prior year reporting period. Although CFFI's business growth was below that of its Regional Banks industry peers, it still experienced an average 14.81% relative advance compared to the same period the year before. When comparing the current reporting period to the previous one, EPS decreased by 1.08% from $1.86 per share, while revenue grew by 0.188% from $30.35 million.
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Bankwell Financial Group Inc
As a seasoned financial analyst, I am closely monitoring the latest financial reports of Bankwell Financial Group Inc in the fiscal second quarter of 2023. Unfortunately, the report unveils softer top and bottom-line performance, with earnings per share falling by -34.19% and revenue declining by -13.653% year on year. These results are indicative of challenges that the company faces in today's dynamic market environment. Revenue and EPS Decline: The fiscal second quarter of 2023 portrayed a disappointing picture, with revenue dropping from $26.42 million to $22.81 million, marking a -13.653% decline compared to the previous year. Similarly, the earnings per share (EPS) plummeted from $1.55 to $1.02, signifying a significant -34.19% decrease from the same interval a year before. These figures are certainly concerning for both existing shareholders and prospective investors.
|
Per Share |
Current |
Earnings (TTM) |
2.19 $ |
Revenues (TTM) |
5.77 $
|
Cash Flow (TTM) |
9.54 $ |
Cash |
43.15 $
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Book Value |
23.15 $
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Dividend (TTM) |
2.53 $ |
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Per Share |
|
Earnings (TTM) |
2.19 $
|
Revenues (TTM) |
5.77 $ |
Cash Flow (TTM) |
9.54 $ |
Cash |
43.15 $
|
Book Value |
23.15 $ |
Dividend (TTM) |
2.53 $ |
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