Columbia Bank Financials

COLB

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Columbia Bank (COLB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Key Financial Metrics

Revenue

$148.8M

YoY+78.6%

5Y CAGR-16.9%

10Y CAGR-5.0%

Columbia Bank generated $148.8M in revenue in fiscal year 2024. This represents an increase of 78.6% from the prior year.

EBITDA

N/A

Free Cash Flow

$1.0B

YoY+60.4%

5Y CAGR+53.4%

10Y CAGR+24.3%

Columbia Bank generated $1.0B in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 60.4% from the prior year.

Net Income

$533.7M

YoY+27.0%

5Y CAGR+36.4%

10Y CAGR+27.7%

Columbia Bank reported $533.7M in net income in fiscal year 2024. This represents an increase of 27.0% from the prior year.

EPS (Diluted)

$2.55

YoY-20.6%

5Y CAGR+6.5%

10Y CAGR+8.2%

Columbia Bank earned $2.55 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 20.6% from the prior year.

Cash & Debt

$1.9B

YoY+127.8%

5Y CAGR+40.6%

10Y CAGR+13.8%

Columbia Bank held $1.9B in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.44

YoY+2.9%

5Y CAGR+10.4%

10Y CAGR+3.9%

Columbia Bank paid $1.44 per share in dividends in fiscal year 2024. This represents an increase of 2.9% from the prior year.

Shares Outstanding

210M

YoY+166.9%

5Y CAGR+23.5%

10Y CAGR+18.1%

Columbia Bank had 210M shares outstanding in fiscal year 2024. This represents an increase of 166.9% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

358.6%

YoY-145.9pp

5Y CAGR+328.5pp

10Y CAGR+340.0pp

Columbia Bank's net profit margin was 358.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 145.9 percentage points from the prior year.

Return on Equity

10.4%

YoY-4.9pp

5Y CAGR+4.6pp

10Y CAGR+4.4pp

Columbia Bank's ROE was 10.4% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 4.9 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$5.7M

YoY-92.9%

Columbia Bank spent $5.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 92.9% from the prior year.

Capital Expenditures

$27.1M

YoY+75.0%

5Y CAGR+33.1%

10Y CAGR+4.7%

Columbia Bank invested $27.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 75.0% from the prior year.

COLB Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$148.8M+78.6%	$83.3M-83.9%	$517.8M-2.3%	$530.0M+6.6%	$497.1M+32.6%	$374.7M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$1.0B+2345.6%	$42.4M+139.6%	$17.7M-51.6%	$36.5M+100.5%	$18.2M+169.8%	$6.8M
Income Tax	$185.1M+34.2%	$137.9M+261.4%	$38.1M-19.1%	$47.2M+21.1%	$39.0M-40.2%	$65.2M
Net Income	$533.7M+27.0%	$420.3M+172.5%	$154.2M-20.7%	$194.5M+12.5%	$172.9M+53.2%	$112.8M
EPS (Diluted)	$2.55-20.6%	$3.21+47.9%	$2.17-19.0%	$2.68+13.6%	$2.36+26.9%	$1.86

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Revenue	$740.0M+10.3%	$670.7M+3.6%	$647.2M-7.0%	$696.0M+3.0%	$675.7M+42.0%	$476.0M+56.8%	$303.5M+18.4%	$256.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$235.0M+4.8%	$224.2M+0.9%	$222.2M+3.3%	$215.1M+12.2%	$191.8M+89.4%	$101.3M+535.9%	$15.9M+95.8%	$8.1M
Income Tax	$23.0M-54.9%	$51.0M+37.1%	$37.2M-22.6%	$48.1M+5.3%	$45.7M+1035.4%	-$4.9M-117.8%	$27.5M+3.5%	$26.5M
Net Income	$96.0M-36.8%	$152.0M+74.7%	$87.0M-7.0%	$93.5M-29.9%	$133.4M+1050.1%	-$14.0M-116.9%	$83.0M+5.6%	$78.6M
EPS (Diluted)	$0.40-45.2%	$0.73+78.0%	$0.41-36.9%	$0.65+1.6%	$0.64+811.1%	$-0.09-113.8%	$0.65+6.6%	$0.61

COLB Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$51.6B+146.2%	$20.9B+26.3%	$16.6B+17.8%	$14.1B+7.5%	$13.1B+3.0%	$12.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$1.9B+127.8%	$824.7M+26.1%	$653.8M+164.0%	$247.7M-10.8%	$277.6M-19.0%	$342.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.0B+25.0%	$823.2M+7.5%	$765.8M0.0%	$765.8M0.0%	$765.8M0.0%	$765.8M
Total Liabilities	$46.5B+153.1%	$18.4B+28.9%	$14.2B+19.4%	$11.9B+7.8%	$11.1B+2.7%	$10.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$5.1B+86.2%	$2.7B+1.7%	$2.7B+25.2%	$2.2B+6.2%	$2.0B+4.3%	$1.9B
Retained Earnings	-$237.0M-134.1%	$694.2M+20.7%	$575.2M+10.7%	$519.7M+21.8%	$426.7M+26.5%	$337.4M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Total Assets	$67.5B+30.0%	$51.9B+0.7%	$51.5B-1.3%	$52.2B-2.6%	$53.6B-0.7%	$54.0B+69.5%	$31.8B+54.9%	$20.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.3B+20.6%	$1.9B-6.3%	$2.1B-4.2%	$2.2B-36.5%	$3.4B-6.3%	$3.6B+180.8%	$1.3B+212.6%	$414.2M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.5B+43.9%	$1.0B0.0%	$1.0B0.0%	$1.0B0.0%	$1.0B-0.1%	$1.0B	$0-100.0%	$823.2M
Total Liabilities	$59.7B+28.2%	$46.6B+0.6%	$46.3B-1.9%	$47.2B-3.3%	$48.8B-0.7%	$49.1B+67.2%	$29.4B+60.3%	$18.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.8B+45.8%	$5.3B+2.0%	$5.2B+4.9%	$5.0B+3.5%	$4.8B-1.2%	$4.9B+97.0%	$2.5B-1.5%	$2.5B
Retained Earnings	-$131.0M+13.1%	-$150.8M+33.6%	-$227.0M+51.4%	-$467.6M+14.3%	-$545.8M+9.6%	-$603.7M-11.0%	-$543.8M-171.2%	$763.5M

COLB Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$658.9M-0.6%	$662.7M+244.6%	$192.3M-6.1%	$204.7M-13.7%	$237.2M+84.6%	$128.5M
Capital Expenditures	$27.1M+75.0%	$15.5M+77.5%	$8.7M+3.2%	$8.4M-25.4%	$11.3M+74.4%	$6.5M
Free Cash Flow	$1.0B+60.4%	$647.2M+252.6%	$183.6M-6.5%	$196.3M-13.1%	$225.9M+85.1%	$122.0M
Investing Cash Flow	$114.6M+107.5%	-$1.5B+20.0%	-$1.9B-121.7%	-$865.5M-71.0%	-$506.1M-153.7%	-$199.5M
Financing Cash Flow	-$1.1B-199.8%	$1.1B-50.3%	$2.1B+238.1%	$630.8M+209.3%	$203.9M+7.8%	$189.3M
Dividends Paid	$300.2M+63.4%	$183.7M+92.4%	$95.5M-6.3%	$101.9M+22.1%	$83.4M+62.6%	$51.3M
Share Buybacks	$5.7M-92.9%	$80.7M+303.4%	$20.0M-60.7%	$50.8M	$0	$0

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Operating Cash Flow	N/A	N/A	$122.0M	N/A	N/A	-$39.0M	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$3.5M	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$42.5M	N/A	N/A
Investing Cash Flow	N/A	N/A	$250.2M	N/A	N/A	$461.3M	N/A	N/A
Financing Cash Flow	N/A	N/A	-$177.8M	N/A	N/A	$1.9B	N/A	N/A
Dividends Paid	N/A	N/A	$75.2M	N/A	N/A	$45.6M	N/A	N/A
Share Buybacks	N/A	N/A	$6.7M	N/A	N/A	$5.2M	N/A	N/A

COLB Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	358.6%-145.9pp	504.5%+474.7pp	29.8%-6.9pp	36.7%+1.9pp	34.8%+4.7pp	30.1%
Return on Equity	10.4%-4.9pp	15.3%+9.6pp	5.7%-3.3pp	9.0%+0.5pp	8.5%+2.7pp	5.8%
Return on Assets	1.0%-1.0pp	2.0%+1.1pp	0.9%-0.5pp	1.4%+0.1pp	1.3%+0.4pp	0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.08+2.4	6.68+1.4	5.26-0.3	5.52+0.1	5.44-0.1	5.52
FCF Margin	1209.4%+432.5pp	776.9%+741.4pp	35.4%-1.6pp	37.0%-8.4pp	45.4%+12.9pp	32.6%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q3'23	Q2'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.0%-9.7pp	22.7%+9.2pp	13.4%-6.1pp	19.5%-0.2pp	19.7%+22.7pp	-2.9%-30.6pp	27.7%-3.0pp	30.7%
Return on Equity	1.2%-1.6pp	2.9%+1.2pp	1.7%-0.2pp	1.9%-0.9pp	2.8%	N/A	3.4%+0.2pp	3.1%
Return on Assets	0.1%-0.1pp	0.3%+0.1pp	0.2%-0.0pp	0.2%-0.1pp	0.3%+0.3pp	-0.0%-0.3pp	0.3%-0.1pp	0.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	7.66-1.1	8.72-0.1	8.84-0.6	9.45-0.7	10.10+0.0	10.05-1.8	11.84+4.6	7.28
FCF Margin	N/A	N/A	N/A	N/A	N/A	-8.9%	N/A	N/A

Financial Health Signals

Financial Profile 60/100

Profitability

N/A

Growth

100

Leverage

Liquidity

N/A

Cash Flow

100

Returns

Based on FY2024 annual data. Scores normalized against common benchmarks.

Piotroski F-Score Weak

3/9

Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.

Earnings Quality Cash-Backed

1.23x

Operating cash flow vs net income. Above 1.0x = cash-backed earnings.

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Frequently Asked Questions

What is Columbia Bank's annual revenue?

Columbia Bank (COLB) reported $148.8M in total revenue for fiscal year 2024. This represents a 78.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Columbia Bank's revenue growing?

Columbia Bank (COLB) revenue grew by 78.6% year-over-year, from $83.3M to $148.8M in fiscal year 2024.

Is Columbia Bank profitable?

Yes, Columbia Bank (COLB) reported a net income of $533.7M in fiscal year 2024, with a net profit margin of 358.6%.

What is Columbia Bank's earnings per share (EPS)?

Columbia Bank (COLB) reported diluted earnings per share of $2.55 for fiscal year 2024. This represents a -20.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Columbia Bank's net profit margin?

Columbia Bank (COLB) had a net profit margin of 358.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Columbia Bank pay dividends?

Yes, Columbia Bank (COLB) paid $1.44 per share in dividends during fiscal year 2024.

What is Columbia Bank's return on equity (ROE)?

Columbia Bank (COLB) has a return on equity of 10.4% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Columbia Bank's free cash flow?

Columbia Bank (COLB) generated $1.0B in free cash flow during fiscal year 2024. This represents a 60.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Columbia Bank's operating cash flow?

Columbia Bank (COLB) generated $658.9M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Columbia Bank's total assets?

Columbia Bank (COLB) had $51.6B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Columbia Bank's capital expenditures?

Columbia Bank (COLB) invested $27.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Columbia Bank buy back shares?

Yes, Columbia Bank (COLB) spent $5.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Columbia Bank have outstanding?

Columbia Bank (COLB) had 210M shares outstanding as of fiscal year 2024.

What is Columbia Bank's debt-to-equity ratio?

Columbia Bank (COLB) had a debt-to-equity ratio of 9.08 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Columbia Bank's return on assets (ROA)?

Columbia Bank (COLB) had a return on assets of 1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Columbia Bank's Piotroski F-Score?

Columbia Bank (COLB) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Are Columbia Bank's earnings high quality?

Columbia Bank (COLB) has an earnings quality ratio of 1.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.

How financially healthy is Columbia Bank?

Columbia Bank (COLB) scores 60 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.