Latest news with #ColumbiaBankingSystem
Yahoo
26-07-2025
- Business
- Yahoo
Columbia Banking (COLB) Jumps 6.3% as Investors Cheer Q2 Income
We recently published . Columbia Banking System Inc. (NASDAQ:COLB) is one of the best-performing stocks on Friday. Shares of Columbia Banking increased by 6.30 percent on Friday to close at $24.82 apiece as investors loaded positions following an impressive earnings performance in the first half of the year. In its earnings release, Columbia Banking System Inc. (NASDAQ:COLB) said its net income rose by 27 percent to $152 million from $120 million in the same period last year. Net interest income grew by 4 percent to $446 million from $427 million year-on-year amid higher interest income from loans and investment securities and relatively stable funding costs. On the other hand, non-interest income climbed by 44 percent to $64.46 million from $44.7 million in the same period last year. 'Commercial loan growth outpaced runoff in transactional portfolios while the net interest margin benefited from loan repricing, controlled deposit pricing, and a rebound in securities yields. Continued expense discipline further supported our strong performance, even as we continue to reinvest in our growing franchise—opening three new branches and planning for the closing of our Pacific Premier acquisition,' said Columbia Banking System Inc. (NASDAQ:COLB) President and CEO Clint Stein. Source: pixabay 'While customer deposits declined due to normal seasonal activity and increased cash usage, our Business Bank of Choice strategy continues to attract new relationships. We remain laser focused on delivering top-quartile performance and enhancing long-term tangible book value while returning excess capital to our shareholders,' he added. While we acknowledge the potential of COLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
Columbia Banking System (COLB) Q2 Earnings Report Preview: What To Look For
Regional banking company Columbia Banking System (NASDAQ:COLB) will be reporting earnings this Thursday afternoon. Here's what you need to know. Columbia Banking System beat analysts' revenue expectations by 1.8% last quarter, reporting revenues of $491.4 million, up 3.7% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts' tangible book value per share estimates but EPS in line with analysts' estimates. Is Columbia Banking System a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Columbia Banking System's revenue to grow 4.3% year on year to $492.3 million, a reversal from the 9.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Columbia Banking System has missed Wall Street's revenue estimates five times over the last two years. Looking at Columbia Banking System's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. Columbia Banking System is up 6.2% during the same time and is heading into earnings with an average analyst price target of $26.75 (compared to the current share price of $24.33). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
03-07-2025
- Business
- Business Insider
RBC Capital Keeps Their Hold Rating on Columbia Banking System (COLB)
In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Hold rating on Columbia Banking System, with a price target of $27.00. The company's shares closed yesterday at $25.07. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Arfstrom covers the Financial sector, focusing on stocks such as Huntington Bancshares, American Express, and Cadence Bank. According to TipRanks, Arfstrom has an average return of 12.3% and a 57.06% success rate on recommended stocks. Currently, the analyst consensus on Columbia Banking System is a Moderate Buy with an average price target of $27.27, which is an 8.78% upside from current levels. In a report released on July 1, J.P. Morgan also maintained a Hold rating on the stock with a $24.00 price target.
Yahoo
30-06-2025
- Business
- Yahoo
Columbia Banking System Announces Date of Second Quarter 2025 Earnings Release and Conference Call
TACOMA, Wash., June 30, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release second quarter 2025 financial results on Thursday, July 24, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's second quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or register for the listen-only audiocast. It is recommended you join 10 minutes prior to the start time. Register for the call: Join the audiocast: Access the replay through the Company's investor relations page under the "News & Market Data-Event Calendar" section: About ColumbiaColumbia (Nasdaq: COLB) is headquartered in Tacoma, Washington and is the parent company of Umpqua Bank, an award-winning western U.S. regional bank. Umpqua Bank is the largest bank headquartered in the Northwest and one of the largest banks headquartered in the West with locations in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. With over $50 billion of assets, Umpqua Bank combines the resources, sophistication, and expertise of a national bank with a commitment to deliver superior, personalized service. The bank supports consumers and businesses through a full suite of services, including retail and commercial banking; Small Business Administration lending; institutional and corporate banking; and equipment leasing. Umpqua Bank customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Advisors and Columbia Trust Company, a division of Umpqua Bank. Learn more at Note Regarding Forward Looking StatementsThis news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate," "continue," or other comparable words. In addition, all statements other than statements of historical facts that address activities that Columbia expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of Columbia, particularly its Form 10-K for the Fiscal Year ended December 31, 2024, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management. View original content to download multimedia: SOURCE Columbia Banking System, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
1 Small-Cap Stock to Research Further and 2 to Avoid
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on. But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors. The downside that can come from buying these securities is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. Keeping that in mind, here is one small-cap stock that could be the next 100 bagger and two best left ignored. Market Cap: $3.25 billion Formerly a subsidiary of Hertz Corporation and with a logo that still bears some similarities to its former parent, Herc Holdings (NYSE:HRI) provides equipment rental and related services to a wide range of industries. Why Do We Think Twice About HRI? Flat earnings per share over the last two years underperformed the sector average Free cash flow margin shrank by 18 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive At $114.76 per share, Herc trades at 8.8x forward P/E. Dive into our free research report to see why there are better opportunities than HRI. Market Cap: $4.75 billion Created through the merger of two Pacific Northwest banking institutions with deep regional roots, Columbia Banking System (NASDAQ:COLB) operates Umpqua Bank, providing commercial, consumer, and wealth management services across eight western states. Why Are We Wary of COLB? Estimated net interest income growth of 2.3% for the next 12 months implies demand will slow from its four-year trend Annual earnings per share growth of 2.9% underperformed its revenue over the last five years, showing its incremental sales were less profitable Loan losses and capital returns have eroded its tangible book value this cycle as its tangible book value per share declined by 1.2% annually over the last five years Columbia Banking System's stock price of $22.66 implies a valuation ratio of 0.9x forward P/B. To fully understand why you should be careful with COLB, check out our full research report (it's free). Market Cap: $2.78 billion Known for powering the emergency SOS feature in newer Apple iPhones, Globalstar (NASDAQ:GSAT) operates a network of low-earth orbit satellites that provide voice and data communications services in remote areas where traditional cellular networks don't reach. Why Are We Positive On GSAT? Annual revenue growth of 20.7% over the last two years was superb and indicates its market share increased during this cycle Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 33.7% outpaced its revenue gains Robust free cash flow margin of 27.9% gives it many options for capital deployment, and its improved cash conversion implies it's becoming a less capital-intensive business Globalstar is trading at $21.86 per share, or 26.8x forward EV-to-EBITDA. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
