Financial Performance - Columbia Banking reported revenue of $487.12 million for the quarter ended December 2024, a year-over-year decline of 6.2% [1] - EPS for the quarter was $0.71, compared to $0.44 a year ago, representing a significant increase [1] - The revenue was slightly below the Zacks Consensus Estimate of $491.6 million, with a surprise of -0.91% [1] - EPS exceeded the consensus estimate of $0.65, with a positive surprise of +9.23% [1] Key Metrics Analysis - Efficiency Ratio: 54.6% versus the four-analyst average estimate of 53.8% [4] - Net Interest Margin: 3.6%, matching the four-analyst average estimate [4] - Net charge-offs to average loans outstanding: 0.3%, in line with the four-analyst average estimate [4] - Average Balance - Total interest earning assets: $47.87 billion, slightly below the four-analyst average estimate of $48.46 billion [4] - Total non-performing assets: $169.56 million, below the three-analyst average estimate of $174.59 million [4] - Total non-performing loans and leases: $166.89 million, above the three-analyst average estimate of $149.31 million [4] - Net Interest Income: $437.37 million, exceeding the four-analyst average estimate of $432.64 million [4] - Total noninterest income: $49.75 million, below the four-analyst average estimate of $59 million [4] - Service charges on deposits: $18.40 million, slightly below the three-analyst average estimate of $18.90 million [4] - Net interest income (FTE): $438.42 million, exceeding the three-analyst average estimate of $433.93 million [4] - Financial services and trust revenue: $5.27 million, slightly below the three-analyst average estimate of $5.30 million [4] - BOLI income: $4.74 million, exceeding the two-analyst average estimate of $4.28 million [4] Stock Performance - Shares of Columbia Banking have returned +4.4% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently has a Zacks Rank 3 (Hold), indicating it could perform in line with the broader market in the near term [3]

Core Viewpoint - Columbia Banking (COLB) reported quarterly earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.65 per share, and showing an increase from $0.44 per share a year ago, representing an earnings surprise of 9.23% [1][2] Financial Performance - The company posted revenues of $487.12 million for the quarter ended December 2024, which was 0.91% below the Zacks Consensus Estimate and a decrease from $519.16 million year-over-year [2] - Over the last four quarters, Columbia Banking has surpassed consensus EPS estimates four times but has only topped consensus revenue estimates once [2] Stock Performance - Columbia Banking shares have increased approximately 6.5% since the beginning of the year, outperforming the S&P 500's gain of 3.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, including current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.64 on revenues of $494.95 million, and for the current fiscal year, it is $2.73 on revenues of $2.03 billion [7] Industry Context - The Zacks Industry Rank indicates that the Banks - West industry is currently in the top 32% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

4th Quarter 2024 Earnings Presentation January 23, 2025 Disclaimer FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which management believes are a benefit to shareholders. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to various risk factors, including those set forth from time to time in our filings wit ...

EXHIBIT 99.1 COLUMBIA BANKING SYSTEM, INC. REPORTS FOURTH QUARTER 2024 RESULTS $143 million $150 million $0.68 $0.71 Net income Operating net income Earnings per diluted common share Operating earnings per diluted common share 1 1 CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financ ...

TACOMA, Wash., Jan. 23, 2025 /PRNewswire/ --  $143 million $150 million $0.68 $0.71 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1 CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financia ...

Core Viewpoint - Columbia Banking (COLB) is expected to report quarterly earnings of $0.65 per share, reflecting a year-over-year increase of 47.7%, while revenues are anticipated to decline by 5.3% to $491.6 million [1] Earnings Estimates - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [2] Key Metrics Projections - Analysts project 'Average Balance - Total interest earning assets' to reach $48.46 billion, up from $47.84 billion a year ago [4] - The 'Efficiency Ratio' is expected to be 53.8%, a significant improvement from 64.8% reported in the same quarter last year [4] - 'Net Interest Margin' is forecasted at 3.6%, down from 3.8% in the previous year [5] - 'Total non-performing loans and leases' are estimated at $149.31 million, compared to $112.90 million a year ago [5] - 'Total non-performing assets' are projected to be $174.59 million, up from $113.94 million last year [5] Income Projections - 'Total noninterest income' is expected to be $59.00 million, down from $65.53 million a year ago [6] - 'Net Interest Income' is projected at $432.64 million, compared to $453.62 million in the same quarter last year [6] - 'Financial services and trust revenue' is anticipated to reach $5.30 million, up from $3.01 million a year ago [7] - 'Net interest income (FTE)' is expected to be $433.93 million, down from $454.73 million in the previous year [7] Additional Revenue Estimates - 'Service charges on deposits' are projected at $18.90 million, compared to $17.35 million last year [8] - 'BOLI income' is estimated at $4.28 million, slightly down from $4.33 million a year ago [8] - 'Card-based fees' are expected to reach $15.03 million, up from $14.59 million in the same quarter last year [8] Stock Performance - Over the past month, Columbia Banking shares have increased by 6.6%, contrasting with the Zacks S&P 500 composite's decline of 2.1% [9] - Based on its Zacks Rank 3 (Hold), COLB is expected to perform in line with the overall market in the upcoming period [10]

I am a self-taught value investor focusing on Equity REITs, ETFs, special-situation opportunities, portfolio management, and factor investing. My goal is to generate above-average returns with below-average volatility. My ideas are usually long-term but I will respond appropriately to unexpected events if they seem to disrupt any of my theses.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within t ...

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: September 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 Ju ...

Investors generally tend to cling to the price-to-earnings (P/E) metric while looking for bargain stocks. In addition to being a widely used tool for screening stocks, P/E is also a popular metric to work out the fair market value of a company. But even this ubiquitously used valuation multiple has a few downsides.While P/E is the most popular valuation metric, a more complicated multiple called EV-to-EBITDA works even better. Often considered a better alternative to P/E, it gives the true picture of a comp ...

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