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Columbia Banking System, Inc.

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COLB : NASDAQ :
$42.00 | %
Today's Range: 40.40 - 42.15
Avg. Daily Volume: 0
01/22/21 - 4:00 PM ET
Rating Summary Rating Detail Financial Analysis Peer Group

Financial Analysis


COLUMBIA BANKING SYSTEM INC's gross profit margin for the third quarter of its fiscal year 2020 is essentially unchanged when compared to the same period a year ago. Sales and net income have dropped, although the growth in net income underperformed the average competitor within the subsector, the revenue growth did not.

During the same period, stockholders' equity ("net worth") has increased by 6.49% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY20 Q3 FY19
Net Sales ($mil)149.86160.56
EBITDA ($mil)75.9387.08
EBIT ($mil)75.9387.08
Net Income ($mil)44.7350.73


Balance Sheet Q3 FY20 Q3 FY19
Cash & Equiv. ($mil)930.25298.61
Total Assets ($mil)16233.4213757.76
Total Debt ($mil)69.53609.49
Equity ($mil)2301.982161.58


Profitability Q3 FY20 Q3 FY19
Gross Profit Margin93.2993.53
EBITDA Margin50.6654.23
Operating Margin50.6754.23
Sales Turnover0.040.05
Return on Assets0.871.4
Return on Equity6.178.93
Debt Q3 FY20 Q3 FY19
Current Ratio0.00.0
Debt/Capital0.030.22
Interest Expense0.00.0
Interest Coverage0.00.0


Share Data Q3 FY20 Q3 FY19
Shares outstanding (mil)71.6172.29
Div / share0.280.28
EPS0.630.7
Book value / share32.1429.9
Institutional Own % n/a n/a
Avg Daily Volume349303.0333869.0

Valuation


BUY. This stock's P/E ratio indicates a discount compared to an average of 27.22 for the Credit Intermediation and Related Activities subsector and a significant discount compared to the S&P 500 average of 38.64. Conducting a second comparison, its price-to-book ratio of 1.32 indicates a significant discount versus the S&P 500 average of 4.02 and a discount versus the subsector average of 1.34. The price-to-sales ratio is well above both the S&P 500 average and the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, COLUMBIA BANKING SYSTEM INC proves to trade at a discount to investment alternatives.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
COLB 21.35 Peers 22.00   COLB 15.71 Peers 14.43

Average. An average P/E ratio can signify an subsector neutral price for a stock and an average growth expectation.

COLB is trading at a valuation on par with its peers.

 

Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

COLB is trading at a valuation on par to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
COLB 21.70 Peers 24.35   COLB NM Peers 1.39

Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations.

COLB is trading at a valuation on par with its peers.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

COLB's negative PEG ratio makes this valuation measure meaningless.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
COLB 1.32 Peers 1.34   COLB -24.91 Peers -24.50

Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

COLB is trading at a valuation on par with its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, COLB is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
COLB 4.90 Peers 2.80   COLB -0.33 Peers -4.95

Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

COLB is trading at a significant premium to its subsector.

 

Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share.

COLB has a sales growth rate that significantly exceeds its peers.

 

 

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