Columbia Banking SystemNASDAQ: COLB

TACOMA, Wash. , Nov. 15, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.36 per common share, payable December 16, 2024, to shareholders of record as of November 29, 2024.

We have screened value stocks NOMD, LOCO, KBH, COLB and PAM based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

Does Columbia Banking (COLB) have what it takes to be a top stock pick for momentum investors? Let's find out.

Columbia Banking (COLB) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.79 per share a year ago.

Although the revenue and EPS for Columbia Banking (COLB) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Get a deeper insight into the potential performance of Columbia Banking (COLB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

We have screened bargain stocks PAM, NOMD, KBH, COLB and SLGN based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Columbia Banking (COLB) have what it takes?