Columbia Banking (COLB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended June 2024, Columbia Banking (COLB) reported revenue of $472.15 million, down 9.8$0.67, compared to $0.81 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$474.8 million, representing a surprise of -0.56%. The company delivered an EPS surprise of +17.54%, with the consensus EPS estimate being $0.57. Net charge-offs to average loans outstanding: 0.3% versus the five-analyst average estimate of 0.4%. ...