Columbia Banking System: Q3 Earnings Insights

Columbia Banking System (NASDAQ:COLB) reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.

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

Columbia Banking System beat estimated earnings by 16.22%, reporting an EPS of $0.86 versus an estimate of $0.74.

Revenue was up $32.62 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 2.04% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.75	0.68	0.59	0.71
EPS Actual	0.75	0.81	0.67	0.74
Revenue Estimate	177.47M	165.94M	166.42M	150.87M
Revenue Actual	172.46M	170.38M	169.76M	156.50M

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.