Benzinga | Jul 23, 2020 09:22AM EDT

Columbia Banking System Q2 EPS $0.52 Beats $0.31 Estimate, Sales $159.11M Beat $144.89M Estimate

Columbia Banking System (NASDAQ:COLB) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.31 by 67.74 percent. This is a 26.76 percent decrease over earnings of $0.71 per share from the same period last year. The company reported quarterly sales of $159.11 million which beat the analyst consensus estimate of $144.89 million by 9.81 percent. This is a 5.54 percent increase over sales of $150.76 million the same period last year.