Pricing Log in Create free account
Saturday 7 November 2026 Export COLB’s income statement to Excel — free account

Columbia Banking System, Inc.

COLB Financial Banks Regional

Columbia Banking System, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 8.36% from fiscal 2024.

Revenue
+11.6%
EPS
+95.0%
Free cash flow
+238.8%

Quarter to September 2026, against a year earlier

30.48 0.05 +0.16%
Market cap
$8.6B
P/E
10.6×
Fwd P/E
10.3×
Dividend yield
4.85%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Insider Decisions last twelve months

Bought, $m 0.02
Sold, $m 1.01
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — 1 — — — — —
Sell — 1 — 3 — — 1 — — — 1 —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 8,610.00
Revenue ttm 3,657.00
Net income ttm 711.00
Free cash flow ttm 1,264.00
Net debt Q (1,737.00)
Valuation
P/E 10.55
Forward P/E 10.30
Price / sales 2.33
Forward P/S Powerpack
Price / FCF 6.74
Price / book 1.20
Financial health
Current ratio Q 0.85
Debt / equity Q 0.00
Interest coverage Q —
Growth
Revenue growth Q +11.63% (above 0%: growing)
Operating income growth Q +42.72% (above 0%: growing)
EPS, this year −1.35% (below 0%: weak)
EPS, next year A +8.72%
Revenue, next year A −14.50% (below 0%: weak)
EPS, past 5 yrs +1.17%
EPS, next 5 yrs A +4.83%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 14.99%
10-year low 10-year high
P/S against its own 10 years 30.13%
10-year low 10-year high
P/B against its own 10 years 46.81%
10-year low 10-year high

Dividends

Yield
4.85%
Annual rate
1.48
Payout ratio
51.2%
Growth, 2017–25
+6.44%/yr
  1. 0.88 ’17
  2. 1.00 ’18 +14
  3. 1.05 ’19 +5
  4. 1.75 ’20 +67
  5. 1.98 ’21 +13
  6. 2.04 ’22 +3
  7. 1.59 ’23 −22
  8. 1.44 ’24 −9
  9. 1.45 ’25 +1
  10. 1.48 ’26e +2
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 2,163 1,878 2,380 1,737
Receivables — — — —
Inventory — — — —
Other — — — —
39,194 39,206 49,952 48,235
2023 2024 2025 Q'26
Payables 41,607 41,721 54,211 52,740
ST’ Debt — — — —
Other — — — —
46,233 45,497 58,053 56,901

Compound Annual Growth %

10y 5y 3y
Sales 22.56% 38.87% 33.61%
Cash Flow 18.66% 31.15% (11.19%)
Earnings 18.88% 28.95% 17.77%
Book Value 20.23% 27.27% 46.77%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.77 Actual 0.82

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.72 0.82 Beat by 0.10
Q1 FY26 0.68 0.72 Beat by 0.04
Q2 FY26 0.73 0.76 Beat by 0.03
Q3 FY26 0.77 0.82 Beat by 0.05
Q4 FY26 0.80 — Reports 28 January 2027

EPS $

Mar Jun Sep Dec Year
’26 0.66 0.73 0.78 — —
’25 0.41 0.73 0.40 0.72 2.30
’24 0.59 0.57 0.70 0.68 2.55
’23 (0.09) 0.64 0.65 0.45 1.78
’22 0.74 0.75 0.65 0.64 2.60
’21 0.73 0.77 0.74 0.55 3.21
’20 0.20 0.52 0.63 0.82 2.17
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 899 898 912 — —
’25 714 735 817 948 3,214
’24 735 740 765 726 2,966
’23 531 715 740 757 2,743
’22 316 312 333 387 1,348
’21 149 150 158 860 1,318
’20 152 163 150 157 622
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 494 295 — — —
’25 122 107 236 281 746
’24 186 150 67 256 659
’23 (39) 266 350 93 670
’22 275 305 324 160 1,065
’21 59 68 62 474 663
’20 65 18 61 49 192
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 477 288 — — —
’25 122 85 228 271 706
’24 180 144 60 240 623
’23 (42) 266 398 89 711
’22 272 304 318 145 1,038
’21 58 70 60 458 647
’20 64 16 59 48 187
Fiscal quarters ending in the months shown.

Valuation

The price implies the dividend a share growing 23.6% a year for ten years. It grew 0.3% a year over the last ten.

Implied
23.6%
10 years, reported
0.3%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 426 484 585 627 622 1,318 1,348 2,743 2,966 3,214 3,657 +25.2% 2,748 2,795 2,861 (3.8%)
Gross margin, % 98.98 98.61 96.89 94.17 97.16 96.78 94.21 72.80 65.04 71.59 75.64 (27.4) pt
EBT 150 178 212 242 192 558 451 471 719 728 1,104 +19.2%
EBT margin, % 35.16 36.74 36.19 38.53 30.92 42.34 33.44 17.17 24.24 22.65 30.19 (12.5) pt
Net income 105 113 173 194 154 420 337 349 534 550 711 +20.2%
Per share, $
Per share, $ Revenue 7.45 8.09 8.09 8.71 8.79 10.10 10.42 14.04 14.23 13.50 13.10 +6.8%
Earnings 1.81 1.86 2.39 2.68 2.17 3.22 2.60 1.79 2.56 2.31 2.89 +2.7%
Cash flow 2.55 2.15 3.28 2.84 2.71 5.08 8.24 3.43 3.16 3.13 0.00 +2.3%
Capex 0.09 0.10 0.07 0.00 (0.08) (0.12) (0.21) 0.21 (0.17) (0.17) 0.00 n/m
Free cash flow 2.64 2.25 3.34 2.85 2.63 4.96 8.03 3.64 2.99 2.97 0.00 +1.3%
Book value 21.88 32.56 28.09 30.00 33.14 19.84 19.18 25.58 24.55 32.94 25.35 +4.7%
Shares, m 57 60 72 72 71 130 129 195 208 238 273 +17.2%
Valuation, ×
Valuation, × P/E 24.60 22.86 15.38 15.18 16.54 11.69 10.52 16.11 10.51 12.37 10.55 15.6
P/S 5.98 5.37 4.49 4.67 4.09 3.24 2.81 1.89 1.90 2.07 2.33 3.6
P/B 2.04 1.33 1.29 1.36 1.08 1.65 1.53 1.04 1.10 0.85 1.20 1.3
EV/Sales 5.47 4.76 4.70 5.80 3.05 2.62 1.86 1.11 1.27 1.33 — 3.2
EV/FCF 15.42 17.15 11.36 17.74 10.17 5.33 2.41 4.28 6.05 6.07 — 9.6
Cash, $m
Cash, $m Operating cash flow 146 129 237 205 192 663 1,065 670 659 746 1,306 +19.9%
Capex 5 6 5 0 (6) (15) (27) 41 (36) (40) (42) n/m
Free cash flow 151 134 242 205 187 647 1,038 711 623 706 1,264 +18.7%
Balance, $m
Balance, $m Working capital (1,737) (1,947) (1,920) (1,813) (3,965) (6,740) (1,471) (7,039) (6,291) (8,101) (8,666) +18.7%
Net debt (218) (295) 122 706 (646) (817) (1,295) (2,163) (1,878) (2,380) (1,737) +30.4%
Shareholders’ equity 1,251 1,950 2,034 2,160 2,348 2,589 2,480 4,995 5,118 7,840 7,079 +22.6%
Returns, %
Returns, % ROA 1.12 1.00 1.34 1.43 1.01 2.24 1.28 0.83 1.03 0.93 1.26 (0.2) pt
ROIC 9.06 6.72 6.14 5.27 7.07 20.23 24.68 14.19 14.33 10.03 13.78 +1.0 pt
ROE 8.30 6.96 8.68 9.27 6.84 17.03 13.29 9.34 10.56 8.49 11.23 +0.2 pt
People
People Employees 1,819 2,120 2,137 2,162 2,187 2,260 2,093 5,114 4,721 6,005 — +14.2%
Revenue/emp, $m 0.23 0.23 0.27 0.29 0.28 0.58 0.64 0.54 0.63 0.54 — +9.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

Columbia Banking System is a financial holding company whose principal subsidiary, Columbia Bank, provides banking and other financial services to businesses, institutions and individuals. Clint E. Stein is its chair, chief executive officer and president.

The bank accepts deposits, makes loans and leases equipment. Its business lending includes lines of credit, term loans, commercial property loans, construction financing and equipment financing. FinPac, a subsidiary of the bank, leases commercial equipment. For individuals, Columbia offers mortgages, home equity lines, personal loans and vehicle loans.

Columbia Banking System, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ONB Old National Bancorp $9.5B 10.1× 9.8× −0.23% (below 0%: shrinking) +43.48% (above 0%: growing) +11.48% (above 0%: growing) 68.19% 0.00% Compare
ZION Zions Bancorporation, N.A. $9.5B 7.9× 8.1× −0.80% (below 0%: shrinking) +20.27% (above 0%: growing) +518.28% (above 0%: growing) 70.88% 0.00% Compare
CBC Central Bancompany $9.0B 20.8× 19.3× +10.36% (above 0%: growing) +9.05% (above 0%: growing) −5.17% (below 0%: shrinking) 85.56% 0.00% Compare
PB Prosperity Bancshares, Inc. $8.6B 13.1× 12.8× +50.23% (above 0%: growing) −18.63% (below 0%: shrinking) +70.11% (above 0%: growing) 75.10% 0.00% Compare
COLB Columbia Banking System, Inc. $8.6B 10.6× 10.3× +11.63% (above 0%: growing) +95.00% (above 0%: growing) +238.82% (above 0%: growing) 76.21% 0.00%
WAL Western Alliance Bancorporation $8.2B 8.3× 8.4× +3.58% (above 0%: growing) +6.52% (above 0%: growing) +218.45% (above 0%: growing) 69.28% 0.00% Compare
BOKF BOK Financial Corporation $7.9B 11.7× 12.1× +0.31% (above 0%: growing) +19.82% (above 0%: growing) −68.48% (below 0%: shrinking) 65.45% 0.00% Compare
CBSH Commerce Bancshares, Inc. $7.8B 13.3× 13.0× +8.97% (above 0%: growing) +1.89% (above 0%: growing) +68.33% (above 0%: growing) 84.16% 0.00% Compare
VLY Valley National Bancorp $7.7B 11.0× 10.9× +4.94% (above 0%: growing) +28.57% (above 0%: growing) +2.65% (above 0%: growing) 62.42% 0.00% Compare
Median of peers $8.4B 11.4× 11.5× +4.26% +14.43% +39.91% 70.08% 0.00%

All 327 Banks Regional stocks →

From the latest earnings call

Updated

  • On Columbia’s first-quarter call, CEO Clint Stein said the bank had completed the Pacific Premier systems conversion and was working toward acquisition-related cost savings.
  • CFO Ivan Seda said Columbia was replacing maturing transactional loans with relationship lending and expected the overall balance sheet to remain relatively stable.

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 94.53%
Held by the ten largest 53.69%
Holder Shares Stake Change
Vanguard 29.15m 10.31% −818.78k
BlackRock 27.47m 9.71% +405.92k
T. Rowe Price 25.51m 9.02% +624.01k
Dimensional Fund Advisors 13.91m 4.92% +356.69k
State Street 12.69m 4.49% +217.94k
Wellington Management 11.69m 4.13% −3.26m
Charles Schwab 11.03m 3.90% +585.59k
American Century 7.90m 2.79% −1.83m
Franklin Templeton 6.53m 2.31% −84.71k
MFS Investment Management 5.96m 2.11% −65.93k
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 31 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 7.71m 8.43m 99.85
2024 6.34m 9.70m 91.30
2023 6.34m 6.06m 84.55
2022 4.62m 4.00m 89.85
2021 3.53m 2.58m 93.86
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

Columbia Banking System, Inc. (COLB) Latest News

6 Nov

Impact 3 · · MarketBeat

2 Nov

Impact 3 · · The Motley Fool

24 Oct

Impact 3 · · StockStory

23 Oct

Impact 4 · · StockStory
Impact 4 · · PR Newswire
Impact 4 · · Simply Wall St.

22 Oct

Impact 4 · · MarketBeat
Impact 4 · · Moby transcript
Impact 3 · · The Motley Fool transcript
Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · StockStory
Impact 3 · · Associated Press

21 Oct

Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · StockStory

20 Oct

Impact 3 · · Zacks

19 Oct

Impact 3 · · Zacks

15 Oct

Impact 3 · · PR Newswire
Impact 3 · · Zacks

14 Oct

Impact 3 · · Zacks

9 Oct

Impact 3 · · Simply Wall St.

8 Oct

Impact 4 · · Simply Wall St.

4 Aug

Impact 3 ·
Impact 3 ·

1 Aug

Impact 3 ·

24 Jul

Impact 4 ·
Impact 3 ·
Impact 3 · · Moby transcript
Impact 3 ·

COLB metrics, ten years each

stockrow.com/COLB · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com