Columbia Banking System: Q4 Earnings Insights - Columbia Banking System (NASDAQ:COLB)

Columbia Banking System COLB reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:03 PM.

Here's what investors need to know about the announcement.

Columbia Banking System missed estimated earnings by 44.3%, reporting an EPS of $0.44 versus an estimate of $0.79.

Revenue was up $329.13 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 1.0% drop in the share price the next day.

Here's a look at Columbia Banking System's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.71	0.93	0.60	0.89
EPS Actual	0.79	0.81	0.46	0.88
Revenue Estimate	522.90M	584.67M	416.31M	197.92M
Revenue Actual	524.86M	523.65M	429.43M	190.02M

To track all earnings releases for Columbia Banking System visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.