COLB dividend calculator – Columbia Banking System Declares Quarterly Dividend Payout
December 11, 2023
🌥️Trending News
Columbia Banking System ($NASDAQ:COLB) has announced a quarterly dividend payout to shareholders. The dividend payment marks an important milestone in Columbia Banking System’s growth and success. The company’s sound financial footing, strong management team, and commitment to customer service have all contributed to its long-term success. Columbia Banking System’s dedication to serving its customers and communities has been recognized by numerous awards from industry and civic organizations alike.
The dividend payout is a tangible sign of Columbia Banking System’s success and commitment to returning value to its shareholders. With the continued support of its customers and communities, the company is confident that it will continue to deliver growth and value for years to come.
Market Price
COLUMBIA BANKING SYSTEM declared a quarterly dividend payout on Monday, with the stock opening at $22.8 and closing at $22.5, down by 1.1% from the last closing price of $22.8. This is in line with the company’s commitment to providing returns to its shareholders. The dividend payout is seen as a positive for COLUMBIA BANKING SYSTEM in light of the current market conditions.
It is a sign that the company is well-positioned to weather the economic downturn and that it is confident in its ability to generate future profits for investors. This dividend payout will allow shareholders to benefit from COLUMBIA BANKING SYSTEM’s success without having to wait for the company’s performance over the next few quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for COLB. More…
| Total Revenues | Net Income | Net Margin |
| – | 338.15 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for COLB. More…
| Operations | Investing | Financing |
| 1.07k | -3.53k | 1k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for COLB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 51.99k | 47.36k | – |
Key Ratios Snapshot
Some of the financial key ratios for COLB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.3% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we have analyzed the financials of COLUMBIA BANKING SYSTEM and determined that it has a high health score of 8/10 with regard to its cashflows and debt. This means that this company is in a strong position to safely ride out any financial crisis without the risk of bankruptcy. The company has also been classified as a ‘cow’ type, which in our analysis suggests that it has a track record of paying out sustainable and consistent dividends. This makes COLUMBIA BANKING SYSTEM an attractive investment option for investors who are looking for reliable dividend income. Additionally, COLUMBIA BANKING SYSTEM has a strong asset base, as well as a medium growth rate. Its profitability is slightly below average, but its high health score and consistent dividend payments make it a reliable option for investors. More…
Peers
As of December 31, 2018, Columbia Banking System operated through a network of 246 branches and 597 ATMs in Washington, Oregon, Idaho, and Montana. Columbia Banking System’s principal subsidiaries are Columbia State Bank and Columbia Trust Company. Its competitors are PacWest Bancorp, Pioneer Bankcorp Inc, Glacier Bancorp Inc.
– PacWest Bancorp ($NASDAQ:PACW)
As of 2022, PacWest Bancorp has a market cap of 3.05B. The company is a bank holding company that operates through its subsidiaries Pacific Western Bank and Bridge Bank. It offers a range of banking products and services to small and medium-sized businesses, and professionals and entrepreneurs in the United States.
– Pioneer Bankcorp Inc ($OTCPK:PBKC)
Glacier Bancorp Inc is a bank holding company with $6.35B in assets as of 2022. The company operates through its subsidiary banks, which provide commercial banking services to individuals, small businesses, and agricultural businesses in Montana, Idaho, Wyoming, Colorado, Utah, Washington, and Oregon. Its services include checking and savings accounts, loans, and credit cards.
Summary
From a financial perspective, the company looks to be in good shape and investors should consider investing in Columbia Banking System stock.
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