Shares of Finance sector company Columbia Banking System moved 6.0% today, and are now trading at a price of $22.87. The mid-cap stock's daily volume was 1,347,334 compared to its average volume of 2,679,903. The S&P 500 index returned a 0.0% performance.
Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides commercial and retail banking services. The company is based in Tacoma and has 3,500 full time employees. Its market capitalization is $4,762,745,856. Columbia Banking System currently offers its equity investors a dividend that yields 6.6% per year.
10 analysts are following Columbia Banking System and have set target prices ranging from $21.5 to $32.0 per share. On average, they have given the company a rating of buy. At today's prices, COLB is trading -16.07% away from its average analyst target price of $27.25 per share.
Over the last year, COLB shares have gone down by -31.0%, which represents a difference of -34.0% when compared to the S&P 500. The stock's 52 week high is $35.53 per share and its 52 week low is $17.54. With average free cash flows of $418.46 Million that have been growing at an average rate of 86.7% over the last 4 years, Columbia Banking System declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 1,065,029 | -27,086 | 1,037,943 | 60.36 |
| 2021-12-31 | 662,723 | -15,478 | 647,245 | 691.37 |
| 2020-12-31 | 93,774 | -11,986 | 81,788 | 187.8 |
| 2019-12-31 | -80,479 | -12,676 | -93,155 | n/a |
