Stocks · Financial Services · Banks - Regional
Columbia Banking System, Inc. COLB
$28.92 +0.66% Close, Oct 2, 2026 · NASDAQ · Market cap $8.18B
Strong growthInexpensive vs sector
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 36.4% in a year.
- Earnings beat analyst estimates in each of the last 10 quarters (average surprise over the last four: +11.2%).
- Net debt is 3.9× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 21%
- EPS growth (TTM, YoY)Bottom 29%
- FCF growth (TTM, YoY)Top 11%
- Revenue growth, 3-year CAGRTop 14%
- Revenue growth accelerationTop 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 28%
- Gross marginTop 35%
- Operating marginTop 37%
- Cash conversion (OCF / net income)Top 21%
- Accruals (lower is better)Top 34%
- Net debt / EBITDA (lower is better)Bottom 31%
- Interest coverTop 48%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 28%
- Free-cash-flow yieldTop 17%
- EBITDA / enterprise valueTop 36%
- Sales / enterprise valueBottom 44%
- P/E vs own 5-year history (lower is better)Top 26%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 42%
- 6-month returnBottom 47%
- 1-year return vs S&P 500Top 42%
- Distance from 52-week highBottom 37%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 25%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 38%
- Upside to consensus price targetTop 41%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 49%
- Maximum drawdown, 3 yearsBottom 29%
- Beta vs S&P 500 (lower is better)Bottom 19%
- Net debt / EBITDA (lower is better)Bottom 31%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 13.8% | 21.2% | ↑ |
| EPS growth (YoY) | 6.4% | -0.4% | ↓ |
| Gross margin | 63.7% | 71.0% | ↑ |
| Operating margin | 24.3% | 26.8% | ↑ |
| FCF margin | 17.2% | 36.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 21.2% | 13.8% | ↑ | Top 21% |
| EPS growth (TTM, YoY) | -0.4% | 6.4% | ↓ | Bottom 29% |
| Gross margin | 71.0% | 63.7% | ↑ | Top 35% |
| Operating margin | 26.8% | 24.3% | ↑ | Top 37% |
| Net margin | 20.0% | 18.0% | ↑ | — |
| Free-cash-flow margin | 36.0% | 17.2% | ↑ | — |
| Return on invested capital | 5.5% | — | Top 28% | |
| Revenue growth, 3-year CAGR | 33.6% | — | Top 14% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.84×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -107.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.87×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.85%
- Net buyback yield (TTM)
- 6.29%
- Shareholder yield
- 11.14%
- Share count change, 1 year
- +36.4%
- Share count change, 3-year CAGR
- +11.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 10
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +11.2%
- Average 2-day reaction, last 8
- +0.1%
- Positive 20 days after report
- 6 of 8
Analysts
- Consensus price target
- $34.20
- Target vs current price
- +18.3%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 58%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +4.5% | -1.1% | -5.7% | -4.8% | — |
| Apr 23, 2026 | +5.0% | +2.2% | +0.4% | +2.3% | +13.1% |
| Jan 22, 2026 | +13.9% | -0.1% | -2.5% | +5.0% | -0.2% |
| Oct 30, 2025 | +21.4% | -1.3% | +0.6% | +7.6% | +9.9% |
| Jul 24, 2025 | +14.8% | -4.2% | -2.1% | +5.0% | -1.3% |
| Apr 23, 2025 | +5.0% | +3.3% | -0.2% | +8.7% | +6.9% |
| Jan 23, 2025 | +9.2% | -2.2% | -4.0% | -6.0% | -22.9% |
| Oct 24, 2024 | +11.3% | +4.4% | +7.7% | +10.7% | +6.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $0.76 | $0.73 | +4.5% | $680.0M |
| Apr 23, 2026 | $0.72 | $0.69 | +5.0% | $675.0M |
| Jan 22, 2026 | $0.82 | $0.72 | +13.9% | $715.0M |
| Oct 30, 2025 | $0.85 | $0.70 | +21.4% | $582.0M |
| Jul 24, 2025 | $0.76 | $0.66 | +14.8% | $510.9M |
| Apr 23, 2025 | $0.67 | $0.64 | +5.0% | $491.4M |
| Jan 23, 2025 | $0.71 | $0.65 | +9.2% | $487.1M |
| Oct 24, 2024 | $0.69 | $0.62 | +11.3% | $496.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 11.5× | 13.5× | 29th | Top 28% |
| P/E (forward) | 9.5× | — | — | — |
| EV / EBITDA | 11.3× | — | — | Top 36% |
| EV / Sales | 3.48× | — | — | Bottom 44% |
| Free-cash-flow yield | 15.67% | — | — | Top 17% |
| Earnings yield | 8.68% | — | — | Top 28% |
P/E over the past five years
Range 8.6× – 21.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +11.4%
- Earnings per share growth (TTM)
- -0.4%
- Change in P/E multiple
- +33.7%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.4%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -5.2%
- Distance from 200-day average
- -3.0%
- RSI (14)
- 39.6
- Relative volume
- 0.82×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 20.8%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.03
- Correlation with S&P 500
- 0.54
- Current drawdown from 1-year high
- -14.0%
- Maximum drawdown, 3 years
- -37.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 12, 2021 | Apr 16, 2024 | -65.6% | 778 days | Not yet recovered |
| Nov 17, 2020 | Nov 30, 2020 | -10.7% | 8 days | 22 days (Dec 31, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $8.18B
- P/E (TTM)
- 11.5
- EPS, diluted (TTM)
- $2.51
- Revenue (TTM)
- $3.56B
- Dividend yield
- 5.12%
- 52-week range
- $23.83 – $33.67
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.32B | $1.35B | $2.74B | $2.97B | $3.21B |
| Gross profit | $1.32B | $1.19B | $1.78B | $1.82B | $2.17B |
| Operating income | $558.2M | $450.6M | $471.2M | $718.8M | $751.3M |
| Net income | $420.3M | $336.8M | $348.7M | $533.7M | $550.0M |
| EPS (diluted) | $1.91 | $1.55 | $1.78 | $2.55 | $2.30 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $765.1M | $726.3M | $713.6M | $735.2M | $817.0M | $948.0M | $851.0M | $946.0M |
| Net income | $146.2M | $143.3M | $86.6M | $152.4M | $96.0M | $215.0M | $192.0M | $208.0M |
| EPS (diluted) | $0.70 | $0.68 | $0.41 | $0.73 | $0.40 | $0.72 | $0.66 | $0.73 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $662.7M | $1.07B | $669.8M | $658.9M | $746.0M |
| Capital expenditure | -$15.5M | -$27.1M | $0 | -$35.7M | -$40.0M |
| Free cash flow | $647.2M | $1.04B | $669.8M | $623.2M | $706.0M |
| Dividends paid | -$183.7M | -$182.3M | -$270.3M | -$300.2M | -$335.0M |
| Net share buybacks | -$80.7M | -$4.1M | -$5.1M | -$5.7M | -$106.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $648.0M
- Total assets
- $65.38B
- Total liabilities
- $57.83B
- Total debt
- $4.88B
- Net debt
- $4.23B
- Shareholders’ equity
- $7.55B
As of Jun 30, 2026 (filed Aug 4, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 28, 2026 | $0.37 | Sep 14, 2026 |
| May 29, 2026 | $0.37 | Jun 15, 2026 |
| Feb 27, 2026 | $0.37 | Mar 16, 2026 |
| Nov 28, 2025 | $0.37 | Dec 15, 2025 |
| Aug 29, 2025 | $0.36 | Sep 15, 2025 |
| May 30, 2025 | $0.36 | Jun 16, 2025 |
| Feb 28, 2025 | $0.36 | Mar 17, 2025 |
| Nov 29, 2024 | $0.36 | Dec 16, 2024 |
Short interest
- Shares sold short
- 10,555,238
- Days to cover
- 3.52
- Change vs previous report
- -1.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 10, 2004
- 21-for-20
- Apr 12, 2002
- 21-for-20
- May 24, 2001
- 11-for-10
- May 8, 2000
- 11-for-10
- May 10, 1999
- 21-for-20