What is Columbia Banking System Financial Strength?
Columbia Banking System has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Columbia Banking System Inc displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Columbia Banking System's interest coverage with the available data.
Columbia Banking System's debt to revenue ratio for the quarter that ended in Dec. 2022 was 1.28.
Altman Z-Score does not apply to banks and insurance companies.
Columbia Banking System Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Columbia Banking System's Interest Expense for the
months ended in Dec. 2022 was $-13.4 Mil. Its Operating Income for the
months ended in Dec. 2022 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $974.6 Mil.
Columbia Banking System's Interest Coverage for the quarter that ended in Dec. 2022 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Columbia Banking System's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Columbia Banking System (Columbia Banking System) Business Description
Traded in Other Exchanges
N/A
Address
1301 A Street, Tacoma, WA, USA, 98402-2156
Columbia Banking System Inc is a registered bank holding company. The company operates through its wholly-owned banking subsidiary, Columbia State Bank. The company provides a full range of banking services to small and midsize businesses, professionals, and individuals throughout Washington, Oregon, and Idaho. The bank has historically grown through a combination of organic growth and acquisitions. The bank's strategy s to provide our customers with the financial sophistication and product depth of a regional banking company. Its loan portfolio is diversified but primarily concentrated in commercial real estate and commercial business loans. A majority of the bank's net revenue is net interest income.
Executives
| Drew K Anderson |
officer: Chief Administrative Officer |
C/O COLUMBIA BANKING SYSTEM, INC., 5885 MEADOWS ROAD, SUITE #400, LAKE OSWEGO OR 97035 |
| Luis Machuca |
director |
ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006 |
| Maria M Pope |
director |
C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204 |
| Peggy Y Fowler |
director |
C/O PORTLAND GENERAL ELECTRIC CO, 121 SW SALMON ST, PORTLAND OR 97204 |
| Terry Hilliard C. Iii |
director |
ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258 |
| John F Schultz |
director |
C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304 |
| Anddria Varnado |
director |
ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258 |
| Torran B Nixon |
officer: Senior Executive VP |
ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258 |
| Ron L Farnsworth |
officer: Chief Financial Officer |
200 SW MARKET ST STE 1900, PORTLAND OR 97201 |
| Andrew H Ognall |
officer: IMO General Counsel |
ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258 |
| Frank Namdar |
officer: Chief Credit Officer |
ONE SW COLUMBIA STREET STE 1200, PORTLAND OR 97258 |
| Lisa M White |
officer: PAO & Corporate Controller |
9285 NE TANASBOURNE DRIVE, HILLSBORO OR 97124 |
| O'haver Cort L |
director, officer: Executive Chairman |
ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258 |
| Sheri Burns |
officer: Chief Human Resources Officer |
C/O COLUMBIA BANKING SYSTEM, INC., 450 NW 114TH AVENUE, PORTLAND OR 97229 |
| Aaron James Deer |
officer: EVP Chief Financial Officer |
1301 A STREET, TACOMA WA 98402 |
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
COLB has been successfully added to your