Columbia Banking System

Columbia Bank is a full-service Northwest community bank headquartered in Tacoma, Washington, serving businesses, professionals, and individuals through more than 140 branches in Washington, Oregon, and Idaho. We offer the sophisticated solutions and lending capacity of a regional bank, while retaining the commitment to customer satisfaction and community you expect when doing business with a local bank. For the ninth consecutive year, the bank was named one of Puget Sound Business Journal’s “Washington’s Best Workplaces.” Columbia ranked in the top 20 on the 2015 Forbes list of best banks in the country, as well as ranking the best in Washington and second in the Pacific Northwest for the fourth year in a row. At Columbia Bank, we truly believe that our people make the difference. Our strong bank and thriving culture are built upon our ability to attract and retain talented bankers who posses industry expertise, deep knowledge of and affinity for their local community and a commitment to maintaining exceptional customer service standards. Customer satisfaction is the cornerstone of the Columbia Bank culture and we work diligently to ensure we consistently meet our high standards both internally and externally. We attribute the recognition we have received throughout the years to our employees’ ability to consistently deliver on this promise. Community remains an important part of our organization. We are dedicated to building stronger communities and strive to be known as The Community Bank in each of the communities we serve. We commit our resources in ways that address the needs of our communities to fuel economic growth and prosperity.
Type
Public
HQ
Tacoma, US
Founded
1993
Size (employees)
1,819 (est)-2%
Columbia Banking System was founded in 1993 and is headquartered in Tacoma, US

Columbia Banking System Office Locations

Columbia Banking System has an office in Tacoma
Tacoma, US (HQ)
1301 A St

Columbia Banking System Metrics

Columbia Banking System Financial Metrics

Columbia Banking System's revenue was reported to be $338 m in FY, 2016 which is a 3% increase from the previous period.

Revenue (FY, 2016)

$338 m

Revenue growth (FY, 2015 - FY, 2016), %

3%

Gross profit (FY, 2016)

$333.6 m

Gross profit margin (FY, 2016), %

99%

Net income (FY, 2016)

$104.9 m

EBIT (FY, 2016)

$333.6 m

Market capitalization (22-May-2017)

$2.2 b

Closing share price (22-May-2017)

$37.7

Cash (31-Dec-2016)

$224.2 m
Columbia Banking System's current market capitalization is $2.2 b.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$296.9 m$308 m$328.9 m$338 m

Revenue growth, %

4%7%3%

Cost of goods sold

$4 m$4.4 m

Gross profit

$324.9 m$333.6 m

Gross profit Margin, %

99%99%

Operating expense total

$266.1 m$261.1 m

EBIT

$87 m$117.8 m$141.6 m$333.6 m

EBIT margin, %

29%38%43%99%

Pre tax profit

$141.6 m$149.8 m

Income tax expense

$2.3 m$17.9 m$17.6 m$27 m$36.2 m$42.8 m$44.9 m

Net Income

$60 m$81.6 m$98.8 m$104.9 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$179.6 m$188.2 m$175.3 m$224.2 m

Accounts Receivable

$22.2 m$27.8 m$27.9 m$30.1 m

Inventories

PP&E

$154.7 m$172.1 m$164.2 m$150.3 m

Goodwill

$344 m$382.5 m$382.8 m$382.8 m

Total Assets

$7.2 b$8.6 b$9 b$9.5 b

Accounts Payable

Common Stock

$860.6 m$985.8 m$990.3 m$995.8 m

Retained Earnings

$202.5 m$234.5 m$255.9 m$272 m

Total Equity

$1.1 b$1.2 b$1.2 b$1.3 b

Financial Leverage

6.8 x7 x7.2 x7.6 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$60 m$81.6 m$98.8 m$104.9 m

Depreciation and Amortization

$40.4 m$44.5 m$6.9 m$5.9 m

Accounts Receivable

($7.9 m)($944 k)($75 k)($2.2 m)

Inventories

Accounts Payable

($122 k)$89 k($142 k)($93 k)

Cash From Operating Activities

$79.6 m$137.6 m$134.8 m$145.8 m

Purchases of PP&E

($458 m)($363.7 m)($467.6 m)($569.8 m)

Cash From Investing Activities

($281.1 m)($522 m)($423.1 m)($548.6 m)

Dividends Paid

($32 k)($96 k)($137 k)($157 k)

Cash From Financing Activities

($132.9 m)$393 m$275.4 m$451.6 m

Interest Paid

$6 m$3.9 m$4.1 m$4.4 m
Y, 2016

Revenue/Employee

$180.9 k

Financial Leverage

7.6 x

Columbia Banking System Market Value History

Columbia Banking System Online Presence

Columbia Banking System Company Life

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