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.
Company Growth (employees)
Type
Public
HQ
Tacoma, US
Founded
1993
Size (employees)
1,819 (est)
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 Data and Metrics

Columbia Banking System Financial Metrics

Columbia Banking System's revenue was reported to be $112.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

112.7 m

Gross profit (Q1, 2017)

111.5 m

Gross profit margin (Q1, 2017), %

99%

Net income (Q1, 2017)

29.2 m

EBIT (Q1, 2017)

86.7 m

Market capitalization (22-Aug-2017)

2.1 b

Cash (31-Mar-2017)

182.8 m
Columbia Banking System's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

296.9 m367.8 m416.4 m426.1 m

Revenue growth, %

24%13%2%

Cost of goods sold

4 m4.4 m

Gross profit

412.4 m421.7 m

Gross profit Margin, %

99%99%

R&D expense

16.5 m

Operating expense total

16.5 m

EBIT

87 m117.8 m141.6 m333.6 m

EBIT margin, %

29%32%34%78%

Pre tax profit

141.6 m149.8 m

Income tax expense

27 m36.2 m42.8 m44.9 m

Net Income

60 m81.6 m98.8 m104.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

103.5 m105.2 m101.8 m105.2 m109.9 m112.7 m

Cost of goods sold

1 m971 k1 m1.2 m1.2 m1.1 m

Gross profit

102.5 m104.2 m100.8 m104.1 m108.7 m111.5 m

Gross profit Margin, %

99%99%99%99%99%99%

R&D expense

4.1 m3.9 m4.3 m4.2 m

Operating expense total

4.1 m3.9 m4.3 m4.2 m

EBIT

81 m81.7 m80.2 m82.1 m85.6 m86.7 m

EBIT margin, %

78%78%79%78%78%77%

Pre tax profit

31.8 m37.3 m30.5 m36.7 m39.6 m39.8 m

Income tax expense

9.9 m11.5 m9.2 m11.2 m12.1 m10.6 m

Net Income

41.1 m62.7 m24.4 m46.3 m72.1 m21.3 m46.7 m74.1 m29.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

179.6 m188.2 m175.3 m224.2 m

Accounts Receivable

22.2 m27.8 m27.9 m30.1 m

PP&E

154.7 m172.1 m164.2 m150.3 m

Goodwill

344 m382.5 m382.8 m382.8 m

Total Assets

7.2 b8.6 b9 b9.5 b

Accounts Payable

8.1 b

Total Debt

6.5 m

Total Liabilities

8.3 b

Common Stock

860.6 m985.8 m990.3 m995.8 m

Retained Earnings

202.5 m234.5 m255.9 m272 m

Total Equity

1.1 b1.2 b1.2 b1.3 b

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

6.8 x7 x7.2 x7.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

224.5 m263.4 m248.6 m177.7 m172.2 m188.9 m178.4 m192.1 m182.8 m

Accounts Receivable

22.2 m25.3 m29.1 m27.5 m30.5 m29.3 m29.7 m31.6 m31.3 m

PP&E

156.6 m152.3 m173 m170.4 m168.5 m158.1 m156.4 m152.9 m148.5 m

Goodwill

344 m344 m382.5 m382.5 m382.8 m382.8 m382.8 m382.8 m382.8 m

Total Assets

7.3 b7.5 b8.6 b8.5 b8.8 b9 b9.4 b9.6 b9.5 b

Accounts Payable

6 b6.2 b7.1 b7 b7.3 b7.6 b7.7 b8.1 b8.1 b

Common Stock

861.6 m862.9 m986.3 m987.3 m989.1 m991 m992.3 m994.1 m999.7 m

Retained Earnings

224.8 m231.6 m241.6 m243.9 m250 m255.2 m259.1 m263.9 m288.2 m

Total Equity

1.1 b1.1 b1.2 b1.2 b1.3 b1.3 b1.3 b1.3 b1.3 b

Financial Leverage

6.7 x6.8 x6.9 x6.9 x7 x7.2 x7.3 x7.5 x7.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

60 m81.6 m98.8 m104.9 m

Depreciation and Amortization

40.4 m44.5 m6.9 m5.9 m

Accounts Receivable

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

Accounts Payable

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

Cash From Operating Activities

79.6 m137.6 m134.8 m145.8 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 m275.4 m451.6 m

Interest Paid

6 m3.9 m4.1 m4.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

41.1 m62.7 m24.4 m46.3 m72.1 m21.3 m46.7 m74.1 m29.2 m

Depreciation and Amortization

17.1 m22 m7.7 m14.6 m21.9 m10.8 m18.9 m27.8 m6.1 m

Accounts Receivable

23 k(3.1 m)(1.3 m)319 k(2.7 m)(1.4 m)(1.9 m)(3.7 m)(1.3 m)

Accounts Payable

(20 k)(61 k)(79 k)(105 k)(136 k)(55 k)(74 k)(84 k)(9 k)

Cash From Operating Activities

63.4 m87.2 m27 m64.6 m100.9 m29.3 m73.7 m118.5 m36 m

Purchases of PP&E

(22.8 m)(127.7 m)(11.4 m)(37.1 m)(218.7 m)(95.7 m)(296.9 m)(502.6 m)(109 m)

Cash From Investing Activities

(99.1 m)(247.1 m)97.3 m34.6 m(200.5 m)(63.5 m)(386.6 m)(622.4 m)(68.2 m)

Cash From Financing Activities

80.6 m243.8 m(63.9 m)(109.7 m)83.7 m47.8 m316.1 m520.7 m(9.2 m)

Interest Paid

2 m2.9 m1.1 m2.2 m3.2 m1.1 m2.2 m3.4 m1.2 m
USDY, 2017

Revenue/Employee

61.9 k

Financial Leverage

7.5 x

Columbia Banking System Operating Metrics

Columbia Banking System's Total Loans Issued was reported to be $6.4 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

154149143

Total Loans Issued

$5.45 b$5.45 b$5.61 b$5.75 b$5.82 b$5.88 b$6.11 b$6.26 b$6.21 b$6.23 b$6.42 b

Non-accrual Loans

$31.33 m$31.83 m$25.75 m$19.08 m$21.46 m$36.89 m$22.92 m$21.37 m$27.76 m$25.55 m$36.82 m

    Columbia Banking System Market Value History

    Traffic Overview of Columbia Banking System

    Columbia Banking System Online and Social Media Presence

    Columbia Banking System Company Life and Culture

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