(COLB) Columbia Banking System - Overview
Sector: Financial Services | Industry: Banks - Regional | Exchange: NASDAQ (USA) | Market Cap: 8.589m USD | Total Return: 32.6% in 12m
Avg Turnover: 73.7M
EPS Trend: 45.9%
Qual. Beats: 1
Rev. Trend: 80.7%
Qual. Beats: 0
Warnings
Share dilution 39.1% YoY
Tailwinds
No distinct edge detected
Columbia Banking System, Inc. (COLB) is a bank holding company headquartered in Tacoma, Washington, operating primarily through its subsidiary, Columbia Bank. The institution provides a comprehensive suite of financial services, including commercial and retail banking, mortgage lending, and wealth management across the Western United States. Its commercial division focuses on diverse lending structures such as asset-based financing, international trade finance, and equipment leasing.
As a regional bank, Columbia Banking System relies on a business model centered on the net interest margin-the spread between interest earned on loans and interest paid on customer deposits. Regional banks often maintain a competitive advantage through localized market knowledge and relationship-based lending, which distinguishes them from larger national money-center banks. The company’s treasury management and digital banking services further support its operational reach into corporate and institutional sectors.
For a deeper look into the underlying valuation metrics of this company, ValueRay offers additional analytical tools. Columbia Banking System continues to expand its footprint within the Pacific Northwest and surrounding regions, serving a broad demographic ranging from individual consumers to large-scale commercial enterprises.
- Net interest margin compression remains sensitive to Pacific Northwest regional deposit competition
- Umpqua merger synergy realization dictates expense reduction and operational efficiency targets
- Commercial real estate loan concentration exposes portfolio to regional property market volatility
- Federal Reserve interest rate pivots significantly impact asset yields and funding costs
- Expansion of wealth management and treasury services drives non-interest income growth
| Net Income: 655.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.13 > 1.0 |
| NWC/Revenue: -85.85% < 20% (prev -1.31k%; Δ 1.22k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 1.12b > Net Income 655.4m |
| Net Debt (3.58b) to EBITDA (1.01b): 3.55 < 3 |
| Current Ratio: 0.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (292.2m) vs 12m ago 39.11% < -2% |
| Gross Margin: 68.98% > 18% (prev 0.62%; Δ 6.84k% > 0.5%) |
| Asset Turnover: 5.70% > 50% (prev 5.72%; Δ -0.01% > 0%) |
| Interest Coverage Ratio: 0.97 > 6 (EBITDA TTM 1.01b / Interest Expense TTM 912.2m) |
| A: -0.04 (Total Current Assets 577.0m - Total Current Liabilities 3.45b) / Total Assets 66.0b |
| B: 0.00 (Retained Earnings 59.0m / Total Assets 66.0b) |
| C: 0.02 (EBIT TTM 882.5m / Avg Total Assets 58.8b) |
| D: 0.13 (Book Value of Equity 7.66b / Total Liabilities 58.4b) |
| Altman-Z'' = -0.04 = B |
| DSRI: 0.12 (Receivables 231.0m/1.64b, Revenue 3.35b/2.95b) |
| GMI: 0.90 (GM 68.98% / 62.16%) |
| AQI: 1.08 (AQ_t 0.98 / AQ_t-1 0.91) |
| SGI: 1.14 (Revenue 3.35b / 2.95b) |
| TATA: -0.01 (NI 655.4m - CFO 1.12b) / TA 66.0b) |
| Beneish M = -3.70 (Cap -4..+1) = AAA |
As of May 24, 2026, the stock is trading at USD 29.62 with a total of 1,954,507 shares traded.
Over the past week, the price has changed by +3.34%,
over one month by +2.52%,
over three months by +0.08% and
over the past year by +32.61%.
Columbia Banking System has received a consensus analysts rating of 3.36. Therefore, it is recommended to hold COLB.
- StrongBuy: 1
- Buy: 2
- Hold: 8
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 32.1 | 8.3% |
P/E Forward = 9.4162
P/S = 3.6769
P/B = 1.0852
P/EG = 2.26
Revenue TTM = 3.35b USD
EBIT TTM = 882.5m USD
EBITDA TTM = 1.01b USD
Long Term Debt = 3.83b USD (from longTermDebt, last quarter)
Short Term Debt = 162.0m USD (from shortTermDebt, last quarter)
Debt = 4.16b USD (from shortLongTermDebtTotal, last quarter) + Leases 168.0m
Net Debt = 3.58b USD (calculated: Debt 4.16b - CCE 577.0m)
Enterprise Value = 12.2b USD (8.59b + Debt 4.16b - CCE 577.0m)
Interest Coverage Ratio = 0.97 (Ebit TTM 882.5m / Interest Expense TTM 912.2m)
EV/FCF = 16.65x (Enterprise Value 12.2b / FCF TTM 731.2m)
FCF Yield = 6.01% (FCF TTM 731.2m / Enterprise Value 12.2b)
FCF Margin = 21.82% (FCF TTM 731.2m / Revenue TTM 3.35b)
Net Margin = 19.56% (Net Income TTM 655.4m / Revenue TTM 3.35b)
Gross Margin = 68.98% ((Revenue TTM 3.35b - Cost of Revenue TTM 1.04b) / Revenue TTM)
Gross Margin QoQ = 70.62% (prev 75.63%)
Tobins Q-Ratio = 0.18 (Enterprise Value 12.2b / Total Assets 66.0b)
Interest Expense / Debt = 21.93% (Interest Expense 912.2m / Debt 4.16b)
Taxrate = 24.71% (63.0m / 255.0m)
NOPAT = 664.4m (EBIT 882.5m * (1 - 24.71%))
Current Ratio = 0.01 (Total Current Assets 577.0m / Total Current Liabilities 45.1b)
Debt / Equity = 0.54 (Debt 4.16b / totalStockholderEquity, last quarter 7.66b)
Debt / EBITDA = 3.55 (Net Debt 3.58b / EBITDA 1.01b)
Debt / FCF = 4.90 (Net Debt 3.58b / FCF TTM 731.2m)
Total Stockholder Equity = 7.16b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.12% (Net Income 655.4m / Total Assets 66.0b)
RoE = 9.16% (Net Income TTM 655.4m / Total Stockholder Equity 7.16b)
RoCE = 8.03% (EBIT 882.5m / Capital Employed (Equity 7.16b + L.T.Debt 3.83b))
RoIC = 1.01% (NOPAT 664.4m / Invested Capital 66.0b)
WACC = 12.35% (E(8.59b)/V(12.7b) * Re(10.33%) + D(4.16b)/V(12.7b) * Rd(21.93%) * (1-Tc(0.25)))
Discount Rate = 10.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.67 | Cagr: 16.12%
[DCF] Terminal Value 66.07% ; FCFF base≈694.0m ; Y1≈792.5m ; Y5≈1.15b
[DCF] Fair Price = 22.74 (EV 10.2b - Net Debt 3.58b = Equity 6.58b / Shares 289.5m; r=12.35% [WACC]; 5y FCF grow 14.55% → 2.50% )
EPS Correlation: 45.88 | EPS CAGR: 4.32% | SUE: 0.88 | # QB: 1
Revenue Correlation: 80.72 | Revenue CAGR: 13.66% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.73 | Chg30d=-0.75% | Revisions=-33% | Analysts=12
EPS next Quarter (2026-09-30): EPS=0.79 | Chg30d=-1.07% | Revisions=-14% | Analysts=12
EPS current Year (2026-12-31): EPS=3.06 | Chg30d=+0.25% | Revisions=+14% | GrowthEPS=-1.9% | GrowthRev=+20.5%
EPS next Year (2027-12-31): EPS=3.38 | Chg30d=-0.09% | Revisions=+14% | GrowthEPS=+10.6% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -33%