Columbia Banking (COLB) Tops Q4 Earnings and Revenue Estimates

Core Insights - Columbia Banking (COLB) reported quarterly earnings of $0.82 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and showing an increase from $0.71 per share a year ago, resulting in an earnings surprise of +13.89% [1] - The company achieved revenues of $717 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.30%, and up from $487.12 million year-over-year [2] - Columbia Banking has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was +28.79%, with actual earnings of $0.85 per share compared to an expected $0.66 per share [1] - The company has surpassed consensus EPS estimates four times in the last four quarters [2] Stock Performance - Columbia Banking shares have increased by approximately 6.3% since the beginning of the year, outperforming the S&P 500, which gained 0.4% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.71 on revenues of $667.9 million, and for the current fiscal year, it is $2.95 on revenues of $2.75 billion [7] - The estimate revisions trend prior to the earnings release was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Banks - West industry, to which Columbia Banking belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]