Columbia Banking System(COLB)
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Wall Street's Most Accurate Analysts Give Their Take On 3 Financials Stocks Delivering High-Dividend Yields
Benzinga· 2024-10-18 13:23
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yie ...
Pick These 5 Bargain Stocks With Exciting EV-to-EBITDA Ratios
ZACKS· 2024-10-18 12:20
The price-to-earnings (P/E) ratio is broadly considered the yardstick for evaluating the fair market value of a stock. It is preferred by many investors while handpicking stocks trading at attractive prices. However, even this universally used valuation multiple is not without its limitations. Although P/E is by far the most popular equity valuation ratio, a more complicated metric called EV-toEBITDA does a better job of valuing a firm. Often viewed as a better substitute to P/E, this ratio offers a clearer ...
Are Investors Undervaluing Columbia Banking System (COLB) Right Now?
ZACKS· 2024-10-01 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...
Columbia Banking System Announces Date of Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-09-30 12:15
TACOMA, Wash., Sept. 30, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia"Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release third quarter 2024 financial results on Thursday, October 24, 2024, before market open. The Company will host a conference call for investors and analysts at 8:30 a.m. PT (11:30 a.m. ET) that same day. During the call, management will discuss Columbia's third quarter 2024 financial results and provide an update on recent activities. There will b ...
Columbia Banking System' Arm to Open 3 New Branches in Arizona
ZACKS· 2024-09-19 17:11
Columbia Banking System, Inc.'s (COLB) subsidiary, Umpqua Bank, announced expansion across the Western region with new branches opening in Phoenix, Scottsdale and Mesa by the end of 2024. This expansion will support the bank's plan to improve its services across Arizona to cater to the needs of customers. COLB's Subsidiary Strengthens Presence in Arizona Arizona has several fast-growing sectors, including semiconductors, leisure and hospitality alternative energy, healthcare, warehouse distribution centers ...
Why Columbia Banking (COLB) is a Great Dividend Stock Right Now
ZACKS· 2024-09-16 16:46
Company Overview - Columbia Banking (COLB) is headquartered in Tacoma and has experienced a price change of -8.66% this year [3] - The company currently pays a dividend of $0.36 per share, resulting in a dividend yield of 5.91%, significantly higher than the Banks - West industry's yield of 2.94% and the S&P 500's yield of 1.59% [3] Dividend Performance - Columbia Banking's annualized dividend of $1.44 has increased by 4.3% from the previous year [4] - Over the past five years, the company has raised its dividend two times on a year-over-year basis, achieving an average annual increase of 6.36% [4] - The current payout ratio is 56%, indicating that the company distributes 56% of its trailing 12-month earnings per share as dividends [4] Earnings Outlook - For the fiscal year 2024, the Zacks Consensus Estimate projects earnings of $2.55 per share, reflecting a year-over-year growth rate of 0.39% [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - High-growth firms and tech start-ups typically do not provide dividends, while established companies with stable profits are preferred for dividend investments [7] - Columbia Banking is positioned as a compelling investment opportunity due to its strong dividend profile and a Zacks Rank of 3 (Hold) [7]
Columbia Banking: A 6% Yield Opportunity With Regional Brand Strength In Pacific Northwest (Downgrade)
Seeking Alpha· 2024-09-13 09:07
L 1 11 The Proper The Proper F 1 日 Career States and and and and and the many of the many of the many of the many of the many of the many of the many of the may be and Tomsmith585 A Regional Bank in Pacific Northwest Up 18% in Last Year To diversify away from my recent large-cap financial and insurance stock coverage, in today's research article I'm trekking to the Pacific Northwest to literally "explore" a major regional bank in that area. The parent of Umpqua Bank, Columbia Banking System (NASDAQ:COLB) is ...
Why Columbia Banking (COLB) is a Top Dividend Stock for Your Portfolio
ZACKS· 2024-08-30 16:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and invest ...
Columbia Banking (COLB) Could Be a Great Choice
ZACKS· 2024-08-14 16:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that ...
Columbia Banking System(COLB) - 2024 Q2 - Quarterly Report
2024-08-06 20:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended: June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to . Commission File Number: 000-20288 COLUMBIA BANKING SYSTEM, INC. (Exact Name of Registrant as Specified in Its Charter) Washington 91-1422237 (State or Other Jurisdi ...