COLB

Columbia Banking System, Inc.

Fundamental data last updated:November 5, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

01/28/2027

Business Summary

Columbia Banking System, Inc. operates as the bank holding company for Columbia Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest-bearing checking, interest-bearing checking and savings, money market, insured cash sweep and other investment sweep solutions, and certificates of deposit. It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, commercial property loans, multifamily loans, equipment loans, commercial equipment leases, real estate construction loans, permanent financing, small business administration program financing, and capital markets services. In addition, the company offers wealth management, comprising financial planning, investment, trust, insurance, and private banking solutions, as well as treasury management, which includes digital and mobile banking solutions, ACH, wires, positive pay, remote deposit capture, integrated payments, integrated receivables, lockbox, cash vault, real-time payments, commercial card, foreign exchange, trade and supply chain finance, international banking related products, and merchant services. Further, it provides residential real estate loans and consumer loans. The company serves corporate, institutional, small business, and individual customers in the United States. Columbia Banking System, Inc. was founded in 1953 and is based in Tacoma, Washington.

 


VALUATION

P/E

10.77

Market Cap ($M USD)

$9.04B

Forward P/E

10.17

PEG

2.45

PRICE TO SALES

2.47

PRICE TO BOOK

1.23

EV / EBITDA

8.02

5-Year Average P/E

Free Cash Flow Yield

11.32%

DCF Value

$15.05

Graham Number

$41.30

Price to FCF

8.83

EV to FCF

11.20

Earnings Yield

9.57%

FCF Yield

11.32%

DIVIDEND

Yield

4.74%

Annual Payout

$1.48

Payout Ratio

38.44%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.99

Next Year EPS Growth Estimate

$3.07

Next Year Revenue Growth Estimate

$2.75B

Return on Equity (ROE)

11.08%

FREE CASH FLOW

Operating Margin

30.82%

Debt-to-Equity

0.59

Piotroski F-Score

6

Altman Z-Score

-0.51

Return on Invested Capital (ROIC)

6.88%

Current Ratio

0.24

Quick Ratio

0.24

Net Debt to EBITDA

1.70

Interest Coverage

1.26

Gross Profit margin

73.23%

FCF PER SHARE

$3.67

REVENUE PER SHARE

$13.10

Gainseekers Quantitative Analysis

Summary

Columbia Banking System, Inc. appears to be a classic case of market mispricing. With a DCF value significantly lower than its snapshot price, the stock seems overvalued at first glance. The Graham Number suggests a more conservative valuation, indicating potential overextension. Despite a reasonable Forward P/E, the negative Altman Z-score raises red flags about financial distress, while the earnings yield suggests modest returns. This paints a picture of a company that might be skating on thin ice, despite its apparent profitability.

AI Exposure / Tech Reliance

Operating in the regional banking sector, Columbia Banking System is not at the forefront of AI or tech innovation. However, its industry is increasingly leveraging technology for operational efficiency and customer service improvements. The company's ability to adapt will hinge on integrating these advancements to maintain competitiveness.

The Bull Case

For the value-driven investor, Columbia Banking System offers compelling reasons to buy. The company boasts a solid ROIC of 6.88%, indicating efficient use of capital. A Piotroski F-Score of 6 suggests decent financial health, while a robust operating margin of 30.82% highlights strong pricing power. The FCF yield, though modest, reflects a capacity to generate cash, making it an attractive proposition for those seeking stable returns.

The Bear Case

Despite some strengths, the stock is not without its pitfalls. The Altman Z-score is alarmingly negative, signaling potential financial instability. Trading close to its 52-week high, the stock may be technically overextended. Additionally, the Price/Book ratio suggests a premium valuation, which could deter cautious investors. These factors, combined with a high PEG ratio, indicate that growth expectations might be overly optimistic.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$33.67

Institutional Ownership %

1-Year Beta

0.69

Insider Buying % (6 Mo)

Distance to 52-Week High

7.81%

Distance to 52-Week Low

18.34%

EARNINGS SURPRISE %

6.77%

50-DAY SMA

$29.63

200-DAY SMA

$29.88

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.