Columbia Banking System Earnings: What Investors Should Watch

Columbia Banking System (NASDAQ:COLB) will report earnings before markets open on Thursday, July 25th. Columbia Banking System, Inc. is the holding company for Columbia Bank, a full service commercial bank. The Bank serves small and medium-sized businesses, professionals, and other individuals through office in the Tacoma metropolitan area and contiguous parts of the Puget Sound region of Washington, as well as the Longview and Woodland communities in southwestern Washington.

Here is your Cheat Sheet to Columbia Banking System Earnings:

Earnings Expectations: Analysts expect earnings of $0.36 per share on revenues of $88.69 million. Currently, the company’s P/E ratio stands at 20.14.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.39 and has not changed. For the current year, the average estimate is a profit of $1.48, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Columbia Banking System has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 190 173 239 242 276
Diluted EPS ($) 0.30 -0.38 0.72 1.21 1.17

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 73.94 58.56 63.78 56.42
Diluted EPS ($) 0.30 0.30 0.34 0.31

Past Performance:
Columbia Banking System has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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