Columbia Banking System Inc (COLB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Columbia Banking System Inc (COLB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Columbia Banking System Inc is active in the financial services domain. It is the holding company for Columbia State Bank, which provides products for the small and medium sized business. It also provides services to professionals and individuals. Columbia Banking System Inc has a market cap of $2.78 billion; its shares were traded at around $38.00 with a P/E ratio of 16.15 and P/S ratio of 4.94. The dividend yield of Columbia Banking System Inc stocks is 2.81%.

For the last quarter Columbia Banking System Inc reported a revenue of $144.3 million, compared with the revenue of $129.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $565.9 million, an increase of 22.2% from last year. For the last five years Columbia Banking System Inc had an average revenue growth rate of 10.6% a year.

The reported diluted earnings per share was $2.36 for the year, an increase of 26.9% from previous year. Over the last five years Columbia Banking System Inc had an EPS growth rate of 12.1% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Columbia Banking System Inc has the cash and cash equivalents of $277.6 million, compared with $342.5 million in the previous year. The long term debt was $435.0 million, compared with $55.5 million in the previous year. Columbia Banking System Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $38.00, Columbia Banking System Inc is traded at 32% premium to its historical median P/S valuation band of $28.78. The P/S ratio of the stock is 4.94, while the historical median P/S ratio is 3.71. The stock lost 7.13% during the past 12 months.

Directors and Officers Recent Trades:

  • EVP, COO Clint Stein sold 657 shares of COLB stock on 02/22/2019 at the average price of $38.32. The price of the stock has decreased by 0.84% since.

For the complete 20-year historical financial data of COLB, click here.