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Columbia Banking System, Inc. operates as the Bank holding company of 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, and money market; and insured cash sweep and other investment sweep solutions. 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, and real estate construction loans; and permanent financing and small business administration program financing, as well as capital markets. In addition, the company offers wealth management comprising financial planning, investment, trust, and insurance; and 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, and foreign exchange and international banking related products, as well as merchant services. Further, it provides residential real estate loans and consumer loans. It serves its products to corporate, institutional, small business, and individual customers. The company was founded in 1953 and is based in Tacoma, Washington.
Strategic Expansion | Columbia Banking System's acquisition of Pacific Premier Bancorp reshapes its market presence, particularly in Southern California, with projected EPS accretion and cost savings. |
Financial Performance | Explore Columbia's solid Q1 2025 results, featuring core EPS of $0.67 and a P/E ratio of 10.23x, underpinned by strong deposit growth and effective cost management. |
Market Challenges | Delve into the complexities of Columbia's shrinking balance sheet and weaker near-term NII trends, balanced against its demonstrated ability to expand net interest margins. |
Future Prospects | Analysts project an average price target of $32.17, with expectations for significant growth post-PPBI integration in mid-2026, despite near-term uncertainties. |
Metrics to compare | COLB | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCOLBPeersSector | |
|---|---|---|---|---|
P/E Ratio | 16.4x | 12.3x | 10.0x | |
PEG Ratio | −1.63 | 0.94 | 0.03 | |
Price/Book | 1.1x | 1.1x | 1.0x | |
Price / LTM Sales | 4.2x | 3.9x | 2.9x | |
Upside (Analyst Target) | 7.8% | 9.5% | 11.7% | |
Fair Value Upside | Unlock | 13.5% | 1.3% | Unlock |