Benzinga | Oct 28, 2021 10:45AM EDT

Columbia Banking System: Q3 Earnings Insights



Columbia Banking System (NASDAQ:COLB) reported its Q3 earnings results on Thursday, October 28, 2021 at 09:00 AM.

Here's what investors need to know about the announcement.

Earnings

Columbia Banking System beat their estimated earnings by 4.23%, reporting an EPS of $0.74 versus an estimate of $0.71, which did not surprise analysts.

Revenue was up $9,301,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12, which was followed by a 0.43% increase in the share price the next day.

Here's a look at Columbia Banking System's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.66 0.62 0.60 0.42EPS Actual 0.78 0.73 0.82 0.63Revenue Estimate 148.31M 148.21M 148.17M 147.18MRevenue Actual 148.19M 147.16M 154.67M 147.20M

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