A Preview Of Columbia Banking System's Earnings

Columbia Banking System COLB will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Columbia Banking System to report an earnings per share (EPS) of $0.61.

Anticipation surrounds Columbia Banking System's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.10, leading to a 11.58% increase in the share price on the subsequent day.

Here's a look at Columbia Banking System's past performance and the resulting price change:

Market Performance of Columbia Banking System's Stock

Shares of Columbia Banking System were trading at $27.05 as of October 22. Over the last 52-week period, shares are up 36.61%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for Columbia Banking System visit their earnings calendar on our site.

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