columbia bank is a full-service northwest community bank headquartered in tacoma, washington, serving businesses, professionals, and individuals through more than 150 branches in washington, oregon, and idaho. we offer the sophisticated solutions and lending capacity of a regional bank, while retaining the commitment to customer satisfaction and community you expect when doing business with a local bank. for the ninth consecutive year, the bank was named one of puget sound business journal’s “washington’s best workplaces.” columbia ranked in the top 20 on the 2015 forbes list of best banks in the country, as well as ranking the best in washington and second in the pacific northwest for the fourth year in a row. at columbia bank, we truly believe that our people make the difference. our strong bank and thriving culture are built upon our ability to attract and retain talented bankers who posses industry expertise, deep knowledge of and affinity for their local community and a commit
Company profile
Ticker
COLB
Exchange
Website
CEO
Clint E. Stein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
COLUMBIA BANKING SYSTEM INC
SEC CIK
Corporate docs
Subsidiaries
Financial Pacific Reinsurance Co., Ltd. • Bank of Commerce Holdings • Columbia Trust Company ...
IRS number
911422237
COLB stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
25 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
8-K
Columbia Banking System Announces Date of First Quarter 2024 Earnings Release and Conference Call
1 Apr 24
ARS
2023 FY
Annual report to shareholders
27 Mar 24
DEFA14A
Additional proxy soliciting materials
27 Mar 24
DEF 14A
Definitive proxy
27 Mar 24
8-K
March 2024 Investor Presentation
5 Mar 24
8-K
March 2024 Investor Presentation
4 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
Columbia Banking System Announces $0.36 Per Common Share Dividend
9 Feb 24
Transcripts
COLB
Earnings call transcript
2024 Q1
25 Apr 24
COLB
Earnings call transcript
2023 Q4
24 Jan 24
COLB
Earnings call transcript
2023 Q3
18 Oct 23
COLB
Earnings call transcript
2023 Q2
19 Jul 23
COLB
Earnings call transcript
2023 Q1
26 Apr 23
COLB
Earnings call transcript
2022 Q4
24 Jan 23
COLB
Earnings call transcript
2022 Q3
20 Oct 22
COLB
Earnings call transcript
2022 Q2
21 Jul 22
COLB
Earnings call transcript
2022 Q1
21 Apr 22
COLB
Earnings call transcript
2021 Q4
20 Jan 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.40 bn | 2.40 bn | 2.40 bn | 2.40 bn | 2.40 bn | 2.40 bn |
Cash burn (monthly) | 334.51 mm | (no burn) | 70.25 mm | 65.62 mm | (no burn) | 2.21 mm |
Cash used (since last report) | 2.31 bn | n/a | 485.67 mm | 453.65 mm | n/a | 15.28 mm |
Cash remaining | 91.03 mm | n/a | 1.92 bn | 1.95 bn | n/a | 2.39 bn |
Runway (months of cash) | 0.3 | n/a | 27.3 | 29.7 | n/a | 1081.0 |
Institutional ownership, Q4 2023
61.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 274 |
Opened positions | 52 |
Closed positions | 107 |
Increased positions | 86 |
Reduced positions | 98 |
13F shares | Current |
---|---|
Total value | 3.06 tn |
Total shares | 129.50 mm |
Total puts | 0.00 |
Total calls | 28.10 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.75 mm | $580.38 bn |
STT State Street | 9.35 mm | $249.34 bn |
BEN Franklin Resources | 7.79 mm | $207.81 bn |
Franklin Mutual Advisers | 7.78 mm | $0.00 |
MS Morgan Stanley | 6.98 mm | $186.33 bn |
Massachusetts Financial Services | 6.86 mm | $182.96 bn |
MCQEF Macquarie | 5.51 mm | $146.93 bn |
American Century Companies | 4.67 mm | $124.65 bn |
Wellington Management | 4.58 mm | $122.16 bn |
BK Bank Of New York Mellon | 3.94 mm | $105.08 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Apr 24 | Cort L O'haver | Common Stock | Payment of exercise | Dispose F | No | No | 18.31 | 5,170 | 94.66 k | 421,776 |
19 Apr 24 | Cort L O'haver | Common Stock | Payment of exercise | Dispose F | No | No | 18.31 | 21,655 | 396.50 k | 426,946 |
16 Apr 24 | Frank Namdar | Deferred Compensation Phantom Stock Common | Discretionary | Dispose I | Yes | No | 0 | 1 | 0.00 | 2,920 |
8 Mar 24 | Drew K Anderson | Common Stock | Payment of exercise | Dispose F | No | No | 19.51 | 298 | 5.81 k | 27,873 |
8 Mar 24 | Sheri Burns | Common Stock | Payment of exercise | Dispose F | No | No | 19.51 | 864 | 16.86 k | 42,488 |
8 Mar 24 | Sheri Burns | Common Stock | Payment of exercise | Dispose F | No | No | 19.51 | 1,501 | 29.28 k | 43,352 |
8 Mar 24 | Ron L Farnsworth | Common Stock | Payment of exercise | Dispose F | No | No | 19.51 | 1,729 | 33.73 k | 149,405 |
8 Mar 24 | Ron L Farnsworth | Common Stock | Payment of exercise | Dispose F | No | No | 19.51 | 3,002 | 58.57 k | 151,134 |
News
Wedbush Reiterates Neutral on Columbia Banking System, Maintains $20 Price Target
26 Apr 24
Demystifying Columbia Banking System: Insights From 9 Analyst Reviews
26 Apr 24
Columbia Banking System Q1 2024 Adj EPS $0.65 Beats $0.53 Estimate, Sales $473.719M Miss $480.364M Estimate
25 Apr 24
Wells Fargo Maintains Equal-Weight on Columbia Banking System, Lowers Price Target to $22
10 Apr 24
RBC Capital Maintains Sector Perform on Columbia Banking System, Lowers Price Target to $21
9 Apr 24
Press releases
COLUMBIA BANKING SYSTEM, INC. REPORTS FIRST QUARTER 2024 RESULTS
25 Apr 24
Newsweek Names Umpqua Bank One of America's Most Trustworthy Companies for Second Year in a Row
8 Apr 24
Umpqua Bank Announces Retirement of Chief Integration Officer Eric Eid
26 Feb 24
Thinking about buying stock in Trxade Health, Brookmount Gold, Columbia Banking System, ZK International Group, or Universe Pharmaceuticals?
20 Feb 24
Columbia Banking System Announces $0.36 Per Common Share Dividend
9 Feb 24