Columbia Banking System (COLB) to Announce Q4 Earnings on January 22, Expected EPS of $0.72
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: seekingalpha
- Earnings Announcement: Columbia Banking System is set to release its Q4 2023 earnings on January 22 after market close, with consensus expectations for an EPS of $0.72 and revenue of $693.46 million, reflecting a 39.5% year-over-year growth.
- Historical Performance: Over the past two years, COLB has surpassed EPS estimates 88% of the time, although it has only beaten revenue estimates 38% of the time, indicating a consistent ability to meet earnings expectations.
- Estimate Revisions: In the last three months, EPS estimates have undergone three upward revisions and ten downward adjustments, while revenue estimates have seen one upward revision and six downward adjustments, suggesting a cautious market outlook on the company's future performance.
- Dividend Increase: Columbia Banking System recently raised its quarterly dividend by 3% to $0.37 per share, demonstrating the company's commitment to returning value to shareholders despite the current economic climate.
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Analyst Views on COLB
Wall Street analysts forecast COLB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COLB is 31.28 USD with a low forecast of 28.00 USD and a high forecast of 34.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
6 Hold
0 Sell
Moderate Buy
Current: 28.960
Low
28.00
Averages
31.28
High
34.50
Current: 28.960
Low
28.00
Averages
31.28
High
34.50
About COLB
Columbia Banking System, Inc. is the parent company of Columbia Bank (the Bank), a Western United States regional bank. The Bank supports consumers and businesses through a full suite of services, including retail and commercial banking, Small Business Administration (SBA) lending, institutional and corporate banking, and equipment leasing. The Bank’s customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management. The Bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, multifamily loans, equipment loans, commercial equipment leases, SBA program financing, and capital markets. The Bank operates at more than 350 locations across eight Western states: Washington, Oregon, California, Arizona, Colorado, Nevada, Utah and Idaho.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
RBC Capital Raises Columbia Banking (COLB) Price Target to $32 After Q4 Earnings Beat
- Price Target Adjustment: RBC Capital raised Columbia Banking's price target from $30 to $32, reflecting positive signals from the company's Q4 earnings beat, indicating market confidence in its future performance.
- Acquisition Impact: Although the Pacific Premier acquisition, completed on August 31, affected performance comparisons, the analyst noted solid core trends with strong asset mix, margin strength, and tight expense control, indicating robust fundamentals.
- Management Signals: Management is signaling a slightly smaller balance sheet to start the year and a lower margin, but expects growth after Q1, demonstrating optimism about future developments.
- Market Performance: The analyst maintains a Sector Perform rating on Columbia Banking, suggesting that despite challenges, there is still a favorable outlook for its market performance and potential growth.
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Columbia Bank (COLB) Earnings Call Transcript
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