Columbia Banking System (NASDAQ:COLB) reported its Q3 earnings results on Thursday, October 28, 2021 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Columbia Banking System beat their estimated earnings by 4.23%, reporting an EPS of $0.74 versus an estimate of $0.71, which did not surprise analysts.
Revenue was up $9,301,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12, which was followed by a 0.43% increase in the share price the next day.
Here's a look at Columbia Banking System's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.66 | 0.62 | 0.60 | 0.42 |
| EPS Actual | 0.78 | 0.73 | 0.82 | 0.63 |
| Revenue Estimate | 148.31M | 148.21M | 148.17M | 147.18M |
| Revenue Actual | 148.19M | 147.16M | 154.67M | 147.20M |
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