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Columbia Banking System Inc (COLB) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Columbia Banking System Inc (COLB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Columbia Banking System Inc is active in the financial services domain. It is the holding company for Columbia State Bank, which specializes in providing products for the real estate sector. It also provides services to professionals and individuals. Columbia Banking System Inc has a market cap of $3.05 billion; its shares were traded at around $41.78 with a P/E ratio of 21.99 and P/S ratio of 5.26. The dividend yield of Columbia Banking System Inc stocks is 2.11%. Columbia Banking System Inc had annual average EBITDA growth of 2.00% over the past five years.


For the last quarter Columbia Banking System Inc reported a revenue of $129.8 million, compared with the revenue of $108.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $477.6 million, an increase of 13.3% from last year. For the last five years Columbia Banking System Inc had an average revenue growth rate of 11.8% a year.

The reported diluted earnings per share was $1.86 for the year, an increase of 2.8% from previous year. Over the last five years Columbia Banking System Inc had an EPS growth rate of 11.1% a year. The Columbia Banking System Inc enjoyed an operating margin of 37.26%, compared with the operating margin of 35.52% a year before. The 10-year historical median operating margin of Columbia Banking System Inc is 28.19%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Columbia Banking System Inc has the cash and cash equivalents of $342.5 million, compared with $224.2 million in the previous year. The long term debt was $55.5 million, compared with $6.49 million in the previous year. The interest coverage to the debt is at a comfortable level of 26.3. Columbia Banking System Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $41.78, Columbia Banking System Inc is traded at 44.6% premium to its historical median P/S valuation band of $28.89. The P/S ratio of the stock is 5.26, while the historical median P/S ratio is 3.64. The stock gained 6.94% during the past 12 months.

For the complete 20-year historical financial data of COLB, click here.

This article first appeared on GuruFocus.