COLUMBIA BANKING SYSTEM INC (COLB) Stock Fundamental Analysis
NASDAQ:COLB - Nasdaq - US1972361026 - Common Stock - Currency: USD
Taking everything into account, COLB scores 4 out of 10 in our fundamental rating. COLB was compared to 397 industry peers in the Banks industry. There are concerns on the financial health of COLB while its profitability can be described as average. COLB is not valued too expensively and it also shows a decent growth rate. Finally COLB also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
COLB had positive earnings in the past year.
In the past year COLB had a positive cash flow from operations.
COLB had positive earnings in each of the past 5 years.
Each year in the past 5 years COLB had a positive operating cash flow.
1.2 Ratios
COLB's Return On Assets of 1.03% is fine compared to the rest of the industry. COLB outperforms 69.52% of its industry peers.
COLB has a Return On Equity of 10.43%. This is in the better half of the industry: COLB outperforms 71.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 10.43% | ||
| ROIC | N/A |
ROA(3y)0.98%
ROA(5y)0.97%
ROE(3y)9.57%
ROE(5y)8.61%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of COLB (27.66%) is better than 74.06% of its industry peers.
In the last couple of years the Profit Margin of COLB has declined.
COLB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 27.66% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.31%
PM growth 5Y-3.27%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
COLB does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for COLB has been increased compared to 1 year ago.
COLB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, COLB has a worse debt to assets ratio.
2.2 Solvency
COLB has a debt to FCF ratio of 1.08. This is a very positive value and a sign of high solvency as it would only need 1.08 years to pay back of all of its debts.
COLB's Debt to FCF ratio of 1.08 is fine compared to the rest of the industry. COLB outperforms 70.03% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that COLB is not too dependend on debt financing.
COLB has a better Debt to Equity ratio (0.13) than 63.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.04%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.80% over the past year.
COLB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.30% yearly.
COLB shows a decrease in Revenue. In the last year, the revenue decreased by -3.39%.
The Revenue has been growing by 26.71% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)8.8%
EPS 3Y-0.96%
EPS 5Y0.3%
EPS Q2Q%61.36%
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y45.87%
Revenue growth 5Y26.71%
Sales Q2Q%-6.73%
3.2 Future
Based on estimates for the next years, COLB will show a small growth in Earnings Per Share. The EPS will grow by 3.57% on average per year.
Based on estimates for the next years, COLB will show a small growth in Revenue. The Revenue will grow by 2.98% on average per year.
EPS Next Y0.33%
EPS Next 2Y3.59%
EPS Next 3Y3.57%
EPS Next 5YN/A
Revenue Next Year2.33%
Revenue Next 2Y2.99%
Revenue Next 3Y2.98%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.69 indicates a reasonable valuation of COLB.
88.92% of the companies in the same industry are more expensive than COLB, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.10, COLB is valued rather cheaply.
COLB is valuated reasonably with a Price/Forward Earnings ratio of 8.66.
Based on the Price/Forward Earnings ratio, COLB is valued a bit cheaper than the industry average as 71.03% of the companies are valued more expensively.
COLB's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.69 | ||
| Fwd PE | 8.66 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, COLB is valued a bit cheaper than the industry average as 79.09% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.97 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)26.09
PEG (5Y)29.29
EPS Next 2Y3.59%
EPS Next 3Y3.57%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.26%, COLB is a good candidate for dividend investing.
COLB's Dividend Yield is rather good when compared to the industry average which is at 3.49. COLB pays more dividend than 93.95% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.43, COLB pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
5.2 History
The dividend of COLB has a limited annual growth rate of 0.43%.
COLB has been paying a dividend for at least 10 years, so it has a reliable track record.
COLB has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0.43%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
COLB pays out 56.26% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of COLB is growing, but earnings are growing more, so the dividend growth is sustainable.
DP56.26%
EPS Next 2Y3.59%
EPS Next 3Y3.57%
23.64
-0.05 (-0.21%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners94.64%
Inst Owner Change-0.7%
Ins Owners0.66%
Ins Owner Change-4.71%
Market Cap4.97B
Analysts71.76
Price Target31.16 (31.81%)
Short Float %3.59%
Short Ratio4.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
Yearly Dividend1.44
Dividend Growth(5Y)0.43%
DP56.26%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.33%
Min EPS beat(2)6.97%
Max EPS beat(2)9.7%
EPS beat(4)4
Avg EPS beat(4)13.4%
Min EPS beat(4)6.97%
Max EPS beat(4)21.09%
EPS beat(8)6
Avg EPS beat(8)0.03%
EPS beat(12)8
Avg EPS beat(12)73.8%
EPS beat(16)11
Avg EPS beat(16)56.99%
Revenue beat(2)1
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-3.09%
Max Revenue beat(2)1.17%
Revenue beat(4)1
Avg Revenue beat(4)-2%
Min Revenue beat(4)-3.32%
Max Revenue beat(4)1.17%
Revenue beat(8)2
Avg Revenue beat(8)-3.03%
Revenue beat(12)4
Avg Revenue beat(12)-2.69%
Revenue beat(16)5
Avg Revenue beat(16)-2.2%
PT rev (1m)-5.88%
PT rev (3m)-7.95%
EPS NQ rev (1m)0.57%
EPS NQ rev (3m)-0.23%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)-1.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.69 | ||
| Fwd PE | 8.66 | ||
| P/S | 2.58 | ||
| P/FCF | 7.97 | ||
| P/OCF | 7.54 | ||
| P/B | 0.97 | ||
| P/tB | 1.38 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.72
EY11.51%
EPS(NY)2.73
Fwd EY11.54%
FCF(TTM)2.96
FCFY12.54%
OCF(TTM)3.13
OCFY13.26%
SpS9.18
BVpS24.35
TBVpS17.15
PEG (NY)26.09
PEG (5Y)29.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.03% | ||
| ROE | 10.43% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 27.66% | ||
| GM | N/A | ||
| FCFM | 32.3% |
ROA(3y)0.98%
ROA(5y)0.97%
ROE(3y)9.57%
ROE(5y)8.61%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-5.31%
PM growth 5Y-3.27%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.08 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 23.8% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 116.78% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC14.04%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)142.07%
Profit Quality(5y)131.78%
High Growth Momentum
Growth
EPS 1Y (TTM)8.8%
EPS 3Y-0.96%
EPS 5Y0.3%
EPS Q2Q%61.36%
EPS Next Y0.33%
EPS Next 2Y3.59%
EPS Next 3Y3.57%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.39%
Revenue growth 3Y45.87%
Revenue growth 5Y26.71%
Sales Q2Q%-6.73%
Revenue Next Year2.33%
Revenue Next 2Y2.99%
Revenue Next 3Y2.98%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-6.96%
FCF growth 3Y39.61%
FCF growth 5Y25.99%
OCF growth 1Y-1.64%
OCF growth 3Y40.99%
OCF growth 5Y26.34%