Columbia Banking System Inc (COLB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Columbia Banking System Inc stock $23.93, price $30.48, that is 21.5% below the price, quality 44 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Columbia Banking System Inc
COLB · USOur calculation puts a fair price 21% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $15.13 – $33.61 · fair‑value band $19.96 – $33.26 · the $30.48 price screens above the $23.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
Columbia Banking System, Inc. operates as the bank holding company for Columbia Bank that provides banking, private banking, mortgage, and other financial services in the United States.
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The company offers deposit products, including business, non-interest-bearing checking, interest-bearing checking and savings, money market, insured cash sweep and other investment sweep solutions, and certificates of deposit.
It also provides commercial lending products, such as commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, commercial property loans, multifamily loans, equipment loans, commercial equipment leases, real estate construction loans, permanent financing, small business administration program financing, and capital markets services.
In addition, the company offers wealth management, comprising financial planning, investment, trust, insurance, and private banking solutions, as well as treasury management, which includes digital and mobile banking solutions, ACH, wires, positive pay, remote deposit capture, integrated payments, integrated receivables, lockbox, cash vault, real-time payments, commercial card, foreign exchange, trade and supply chain finance, international banking related products, and merchant services.
Further, it provides residential real estate loans and consumer loans. The company serves corporate, institutional, small business, and individual customers in the United States. Columbia Banking System, Inc. was founded in 1953 and is based in Tacoma, Washington.
Stock analysis
Columbia Banking System Inc (COLB) currently trades at $30.48, while our model-based Fair Value estimate is $23.93, 21% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $26.61 per share, and 0 of the 6 models we run sit above the $30.48 price.
Bear case: the Asset-Based group reads lowest at $13.37, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $19.96 (bear) to $33.26 (bull), the price of $30.48 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Columbia Banking System Inc reported revenue of $3.2B in FY2025 versus $1.3B in FY2021, a compound +25.0%/yr. Reported net income was $550M in FY2025, compounding +7.0%/yr from FY2021.
Key figures
Market cap $8.7B Mid · P/E ratio 10.3 · P/S ratio 3.29 · EPS (TTM) $2.95 · Dividend yield 1.2% · Net margin 31.5% · Return on equity 11.2% · Return on assets (EBIT) 1.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 23% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −21%, COLB screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 2 officers or directors sold shares worth $443,924 and none bought.
- SaleSteven R GardnerDirector2× since Jan 30, 2026: 24,247 shares, avg. $30.21$732,543Oct 29, 2026
- SaleDevine David MooreEVP Chief Marketing Officer3,872 shares at $29.78$115,308Jun 8, 2026
- SaleKumi Yamamoto BaruffiEVP General Counsel, Corp Sec937 shares at $26.23$24,578Mar 13, 2026
- SaleBrock LakelyEVP, Chief Accounting Officer211 shares at $26.23$5,535Mar 13, 2026
- SaleTorran B NixonSenior Executive VP4,481 shares at $28.55$127,932Mar 4, 202610b5-1 plan
- Plan buyAaron James DeerEVP Chief Strategy/Innov Offcr886 shares at $25.37$22,478Jun 30, 2026
Plus 13 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
COLB screens overvalued: fair value 21% below the price. Compare with China Merchants Bank Co →
Earlier news
- Columbia Banking System to Participate in the BancAnalysts Association of Boston Conference
- Why Columbia Banking System (COLB) stock is up today
- COLB Q3 deep dive: disciplined execution and balance sheet optimization drive steady growth
- COLUMBIA BANKING SYSTEM, INC. REPORTS THIRD QUARTER 2026 RESULTS
Compare Columbia Banking System Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs COLB |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs COLB |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs COLB |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs COLB |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs COLB |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs COLB |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs COLB |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs COLB |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs COLB |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs COLB |
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Frequently asked questions
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Key figures of Columbia Banking System Inc
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