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COLB logoColumbia Banking System, Inc.(COLB)Earnings, Financials & Key Ratios

COLB•NASDAQ•Banking & Credit
$29.71
$7.07B mkt cap·12.9× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryCommercial and middle-market focused banks
AboutColumbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder, and other commercial real estate loans, as well as loans guaranteed by the small business administration; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; long-term care, and life and disability insurance solutions; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and Roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement, and investment agency and charitable management. It operates a network of 153 branch locations, including 68 in the state of Washington, 59 in Oregon, 15 in Idaho, and 11 in California. The company was founded in 1993 and is headquartered in Tacoma, Washington.Show more
  • Net Interest Income$1.99B+16.8%
  • Total Revenue$3.21B+8.3%
  • Net Income$550M+3.1%
  • Return on Equity8.49%-19.6%
  • Net Interest Margin2.97%-10.4%
  • Efficiency Ratio44.28%+18.9%
  • ROA0.93%-10.0%
  • Equity / Assets11.66%+17.5%
  • Book Value per Share26.42+8.1%
  • Tangible BV/Share19.03+13.9%
  • Debt/Equity0.51-32.9%
Technical→

COLB Key Insights

Columbia Banking System, Inc. (COLB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Efficient operations: 44.3% efficiency ratio
  • ✓Well capitalized: 11.7% equity/assets
  • ✓Healthy dividend yield of 3.8%
  • ✓Trading at only 1.1x book value

✗Weaknesses

  • ✗Shares diluted 41.8% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

COLB Price & Volume

Columbia Banking System, Inc. (COLB) stock price & volume — 10-year historical chart

Loading chart...

COLB Growth Metrics

Columbia Banking System, Inc. (COLB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.32%
5 Years17.67%
3 Years33.61%
TTM-

Profit CAGR

10 Years9.45%
5 Years-
3 Years17.77%
TTM3.06%

EPS CAGR

10 Years8.58%
5 Years-
3 Years14.06%
TTM-11.02%

Return on Capital

10 Years4.17%
5 Years8.24%
3 Years5.21%
Last Year2.05%

COLB Recent Earnings

Columbia Banking System, Inc. (COLB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 23, 2026
EPS
$0.72
Est $0.68
+5.9%
Revenue
$675M
Est $677M
-0.3%
Q1 2026
Jan 22, 2026
EPS
$0.82
Est $0.72
+13.9%
Revenue
$715M
Est $695M
+2.8%
Q4 2025
Oct 30, 2025
EPS
$0.85
Est $0.70
+21.4%
Revenue
$582M
Est $575M
+1.3%
Q3 2025
Jul 24, 2025
EPS
$0.76
Est $0.66
+14.8%
Revenue
$511M
Est $493M
+3.6%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 23, 2026
$0.72vs $0.68+5.9%
$675Mvs $677M-0.3%
Q1 2026Jan 22, 2026
$0.82vs $0.72+13.9%
$715Mvs $695M+2.8%
Q4 2025Oct 30, 2025
$0.85vs $0.70+21.4%
$582Mvs $575M+1.3%
Q3 2025Jul 24, 2025
$0.76vs $0.66+14.8%
$511Mvs $493M+3.6%
Based on last 12 quarters of dataView full earnings history →

COLB Peer Comparison

Columbia Banking System, Inc. (COLB) competitors in Commercial and middle-market focused banks — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
WAFD logoWAFDWaFd, Inc.Direct Competitor2.71B35.5113.50-1.58%16.03%8.02%7.67%0.60
BANR logoBANRBanner CorporationDirect Competitor2.2B64.9811.52-0.95%23.84%10.34%11.26%0.19
HOMB logoHOMBHome Bancshares, Inc.Direct Competitor5.26B26.7013.289.47%27.7%10.86%8.03%0.30
CVBF logoCVBFCVB Financial Corp.Direct Competitor2.79B20.5413.51-2.33%32.53%9.25%7.79%0.43
BOKF logoBOKFBOK Financial CorporationDirect Competitor10.38B134.7616.5610.4%15.57%8.91%13.78%0.80
ZION logoZIONZions Bancorporation, National AssociationProduct Competitor9.34B63.1312.757.98%15.7%12.41%11.26%0.71
WTFC logoWTFCWintrust Financial CorporationProduct Competitor10.08B150.4613.026.66%19.48%11.35%9.03%0.62
IBCP logoIBCPIndependent Bank CorporationProduct Competitor690.04M33.5210.25-0.3%21.73%14.2%10.17%0.23

Compare COLB vs Peers

Columbia Banking System, Inc. (COLB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WAFD

Most directly comparable listed peer for COLB.

Scale Benchmark

vs V

Larger-name benchmark to compare COLB against a more recognizable public peer.

Peer Set

Compare Top 5

vs WAFD, BANR, HOMB, CVBF

COLB Income Statement

Columbia Banking System, Inc. (COLB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Net Interest Income864.19M936.65M918.37M879.9M918.33M1.07B1.78B1.71B1.99B
NII Growth %3.28%8.38%-1.95%-4.19%4.37%16.47%66.43%-4.14%16.8%
Net Interest Margin %3.36%3.48%3.18%3.01%3%3.36%3.41%3.31%2.97%
Interest Income936.61M1.07B1.13B1.01B960.73M1.15B2.53B2.74B2.91B
Interest Expense78.22M128.51M210.44M130.11M42.4M78M746.16M1.04B912.49M
Loan Loss Provision47.25M55.91M72.52M204.86M-42.65M84.02M213.2M105.92M126.85M
Non-Interest Income286.33M281.4M342.09M414.62M357.64M199.97M217.03M222.93M308.07M
Non-Interest Income %23.41%20.9%23.26%29.1%27.13%14.84%7.91%7.52%9.59%
Total Revenue
1.22B▲ 0%
1.35B▲ 10.1%
1.47B▲ 9.2%
1.42B▼ 3.1%
1.32B▼ 7.5%
1.35B▲ 2.2%
2.74B▲ 103.6%
2.97B▲ 8.1%
3.21B▲ 8.3%
Revenue Growth %1.39%10.11%9.23%-3.15%-7.46%2.21%103.57%8.13%8.35%
Non-Interest Expense748.43M739.47M719.04M2.55B760.46M734.95M1.31B1.1B1.42B
Efficiency Ratio61.2%54.91%48.88%178.72%57.68%54.54%47.85%37.24%44.28%
Operating Income
349.04M▲ 0%
422.69M▲ 21.1%
468.9M▲ 10.9%
-1.46B▼ 410.6%
558.16M▲ 138.3%
450.58M▼ 19.3%
471.2M▲ 4.6%
718.75M▲ 52.5%
751.31M▲ 4.5%
Operating Margin %28.54%31.39%31.88%-102.23%42.34%33.44%17.18%24.23%23.38%
Operating Income Growth %-3.32%21.1%10.93%-410.6%138.32%-19.27%4.58%52.54%4.53%
Pretax Income
349.04M▲ 0%
422.69M▲ 21.1%
468.9M▲ 10.9%
-1.46B▼ 410.6%
558.16M▲ 138.3%
450.58M▼ 19.3%
471.2M▲ 4.6%
718.75M▲ 52.5%
728.31M▲ 1.3%
Pretax Margin %28.54%31.39%31.88%-102.23%42.34%33.44%17.18%24.23%22.66%
Income Tax106.73M106.42M114.81M67M137.86M113.83M122.48M185.07M178.28M
Effective Tax Rate %30.58%25.18%24.48%-4.6%24.7%25.26%25.99%25.75%24.48%
Net Income
242.31M▲ 0%
316.26M▲ 30.5%
354.1M▲ 12.0%
-1.52B▼ 530.2%
420.3M▲ 127.6%
336.75M▼ 19.9%
348.71M▲ 3.6%
533.67M▲ 53.0%
550.03M▲ 3.1%
Net Margin %19.81%23.49%24.07%-106.93%31.88%24.99%12.71%17.99%17.11%
Net Income Growth %5.32%30.52%11.96%-530.23%127.59%-19.88%3.55%53.04%3.06%
Net Income (Continuing)242.31M316.26M354.1M-1.52B420.3M336.75M348.71M533.67M550.03M
EPS (Diluted)
1.12▲ 0%
1.43▲ 27.7%
1.60▲ 11.9%
-6.92▼ 532.5%
1.91▲ 127.6%
1.55▼ 18.8%
1.78▲ 14.8%
2.55▲ 43.3%
2.30▼ 9.8%
EPS Growth %6.67%27.68%11.89%-532.5%127.6%-18.85%14.84%43.26%-9.8%
EPS (Basic)1.121.441.61-6.921.921.551.792.562.31
Diluted Shares Outstanding220.84M220.74M220.65M220.22M219.58M217.4M195.87M209.34M296.76M

COLB Balance Sheet

Columbia Banking System, Inc. (COLB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash & Short Term Investments3.7B3.6B4.18B5.51B6.63B4.49B10.99B2.08B511M
Cash & Due from Banks634.28M622.64M1.36B2.57B2.76B1.29B2.16B1.87B511M
Short Term Investments3.07B2.98B2.81B2.93B3.87B3.2B8.83B211.46M0
Total Investments21.09B22.23B23.15B24.14B25.34B27.52B44.21B44.02B61.27B
Investments Growth %7.7%5.41%4.15%4.26%4.97%8.63%60.64%-0.43%39.18%
Long-Term Investments18.02B19.25B20.33B21.2B21.47B24.33B35.38B43.81B61.27B
Accounts Receivables64.04M70.53M70.21M83.8M70.54M0000
Goodwill & Intangibles1.97B1.98B1.92B108.98M132.46M189.76M1.74B1.62B2.19B
Goodwill1.79B1.79B1.79B2.71M001.03B1.03B1.48B
Intangible Assets183.28M192.99M133.36M106.27M132.46M189.76M712.92M592.61M712M
PP&E (Net)269.18M227.42M312.18M282.99M253.49M254.61M454.78M459.9M422M
Other Assets443.84M442.53M508.38M529.11M538.12M706.09M1.53B1.58B1.7B
Total Current Assets4.98B5.04B5.77B7.11B8.25B6.24B12.72B3.74B743M
Total Non-Current Assets20.7B21.9B23.08B22.12B22.39B25.61B39.46B47.83B66.47B
Total Assets
25.74B▲ 0%
26.94B▲ 4.7%
28.85B▲ 7.1%
29.24B▲ 1.3%
30.64B▲ 4.8%
31.85B▲ 3.9%
52.17B▲ 63.8%
51.58B▼ 1.1%
67.22B▲ 30.3%
Asset Growth %3.75%4.65%7.08%1.35%4.81%3.94%63.82%-1.14%30.33%
Return on Assets (ROA)0.96%1.2%1.27%-5.25%1.4%1.08%0.83%1.03%0.93%
Accounts Payable000000000
Total Debt1.47B1.44B1.7B1.6B975.13M1.72B4.76B3.9B4.01B
Net Debt840.14M815.9M337.92M-969.24M-1.79B423.45M2.6B2.03B3.5B
Long-Term Debt1.18B1.14B1.27B1.11B387.45M1.32B4.37B3.54B435M
Short-Term Debt294.3M297.15M311.31M375.38M492.25M308.77M252.12M236.63M3.45B
Other Liabilities00297.78M299.01M317.5M585.11M814.51M836.54M54.98B
Total Current Liabilities20.24B21.43B22.79B25B27.09B27.37B41.86B41.96B3.45B
Total Non-Current Liabilities1.47B1.45B1.74B1.53B804.73M1.99B5.32B4.5B55.92B
Total Liabilities21.73B22.88B24.53B26.53B27.89B29.37B47.18B46.46B59.38B
Total Equity
3.97B▲ 0%
4.06B▲ 2.2%
4.31B▲ 6.3%
2.7B▼ 37.3%
2.75B▲ 1.7%
2.48B▼ 9.8%
5B▲ 101.4%
5.12B▲ 2.5%
7.84B▲ 53.2%
Equity Growth %1.34%2.19%6.35%-37.31%1.65%-9.8%101.43%2.47%53.18%
Equity / Assets (Capital Ratio)15.42%15.06%14.95%9.25%8.97%7.79%9.57%9.92%11.66%
Return on Equity (ROE)6.15%7.88%8.46%-43.41%15.41%12.88%9.33%10.55%8.49%
Book Value per Share17.9718.3819.5512.2812.5211.4125.5024.4526.42
Tangible BV per Share9.059.4010.8411.7911.9210.5316.6116.7019.03
Common Stock3.52B3.51B3.51B3.51B3.44B3.45B5.8B5.82B8.1B
Additional Paid-in Capital000000000
Retained Earnings477.1M602.48M770.37M-932.77M-697.34M-543.8M-467.57M-237.25M-26M
Accumulated OCI-24.99M-58.91M29.55M122.75M1.76M-426.86M-340.14M-461.98M-233M
Treasury Stock000000000
Preferred Stock000000000

COLB Cash Flow Statement

Columbia Banking System, Inc. (COLB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations515.51M505.24M-80.48M93.77M662.72M1.07B669.84M658.87M746M
Operating CF Growth %24.17%-1.99%-115.93%216.52%606.72%60.7%-37.11%-1.64%13.22%
Net Income242.31M316.26M354.1M-1.52B420.3M336.75M348.71M533.67M550M
Depreciation & Amortization57.97M52.34M43.29M37.47M31.5M28.3M144.25M149.87M141M
Deferred Taxes77.43M18.81M-3.54M-62.94M40.8M14.38M12.89M30.84M54M
Other Non-Cash Items198.03M148.2M-344.34M1.83B15.44M276.07M264.98M-35.52M122M
Working Capital Changes-69.85M-37.89M-138.35M-200.67M143.77M399.76M-119.07M-40.42M-154M
Cash from Investing-2B-1.5B-550.15M-960.11M-1.53B-3.53B501.74M114.57M2.17B
Purchase of Investments-1.2B-494.96M-918.17M-887.7M-1.84B-276.81M-926.22M-69.61M-2.4B
Sale/Maturity of Investments560.27M440.73M1B828.75M761.25M396.1M1.69B552.37M2.77B
Net Investment Activity-635.72M-54.23M82.91M-58.94M-1.08B119.29M768.63M482.76M369M
Acquisitions0-35.22M-44.65M-171.44M10.78M0274.59M0874M
Other Investing-1.36B-1.4B-575.17M-717.74M-451.9M-3.63B-582.17M-332.52M969M
Cash from Financing666.76M982.3M1.37B2.08B1.06B1B-303.69M-1.06B-2.42B
Dividends Paid-145.4M-173.91M-185.1M-184.98M-183.73M-182.27M-270.26M-300.22M-335M
Share Repurchases-8.61M-12.96M-7.27M-8.65M-80.69M-4.16M-6.28M-5.71M-109M
Stock Issued0021K034K54K1.19M03M
Net Stock Activity-8.61M-12.96M-7.25M-8.65M-80.66M-4.11M-5.1M-5.71M-106M
Debt Issuance (Net)-1000K-1000K1000K-1000K-1000K1000K1000K-1000K1000K
Other Financing870.77M1.23B1.41B2.41B2.09B287.52M-777.8M98.22M-2.04B
Net Change in Cash
-815.15M▲ 0%
-11.64M▲ 98.6%
740.12M▲ 6456.8%
1.21B▲ 63.5%
188.44M▼ 84.4%
-1.47B▼ 878.5%
867.89M▲ 159.2%
-284.28M▼ 132.8%
502M▲ 276.6%
Exchange Rate Effect000000000
Cash at Beginning1.45B634.28M622.64M1.36B2.57B2.76B1.29B2.16B1.88B
Cash at End634.28M622.64M1.36B2.57B2.76B1.29B2.16B1.88B2.38B
Interest Paid80.02M124.33M209.53M136.02M42.82M71.21M692.99M1.08B930M
Income Taxes Paid30.09M71.98M129.62M130.23M105.12M71.8M138.91M101.48M123M
Free Cash Flow
511.23M▲ 0%
496.25M▼ 2.9%
-93.16M▼ 118.8%
81.79M▲ 187.8%
647.25M▲ 691.4%
1.04B▲ 60.4%
669.84M▼ 35.5%
623.2M▼ 7.0%
706M▲ 13.3%
FCF Growth %32.84%-2.93%-118.77%187.8%691.37%60.36%-35.46%-6.96%13.29%

COLB Banking Ratios

Columbia Banking System, Inc. (COLB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)5.92%6.15%7.88%8.46%-43.41%15.41%12.88%9.33%10.55%8.49%
Return on Assets (ROA)0.95%0.96%1.2%1.27%-5.25%1.4%1.08%0.83%1.03%0.93%
Net Interest Margin3.37%3.36%3.48%3.18%3.01%3%3.36%3.41%3.31%2.97%
Efficiency Ratio61.14%61.2%54.91%48.88%178.72%57.68%54.54%47.85%37.24%44.28%
Equity / Assets15.79%15.42%15.06%14.95%9.25%8.97%7.79%9.57%9.92%11.66%
Book Value / Share17.7317.9718.3819.5512.2812.5211.4125.524.4526.42
NII Growth-3.93%3.28%8.38%-1.95%-4.19%4.37%16.47%66.43%-4.14%16.8%
Dividend Payout61.32%60%54.99%52.27%-43.71%54.13%77.5%56.26%60.91%

COLB SEC Filings & Documents

Columbia Banking System, Inc. (COLB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 23, 2026·SEC

Material company update

Mar 31, 2026·SEC

Material company update

Feb 13, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 6, 2025·SEC

FY 2025

May 6, 2025·SEC

COLB Frequently Asked Questions

Columbia Banking System, Inc. (COLB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Columbia Banking System, Inc. (COLB) grew revenue by 8.3% over the past year. This is steady growth.

Yes, Columbia Banking System, Inc. (COLB) is profitable, generating $550.0M in net income for fiscal year 2025 (17.1% net margin).

Dividend & Returns

Yes, Columbia Banking System, Inc. (COLB) pays a dividend with a yield of 3.80%. This makes it attractive for income-focused investors.

Columbia Banking System, Inc. (COLB) has a return on equity (ROE) of 8.5%. This is below average, suggesting room for improvement.

Industry Metrics

Columbia Banking System, Inc. (COLB) has a net interest margin (NIM) of 3.0%. NIM has been under pressure due to interest rate environment.

Columbia Banking System, Inc. (COLB) has an efficiency ratio of 44.3%. This is excellent, indicating strong cost control.

Explore More COLB

Columbia Banking System, Inc. (COLB) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

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