Columbia Banking System (NASDAQ:COLB) reported its Q1 earnings results on Thursday, April 21, 2022 at 09:00 AM.
Here's what investors need to know about the announcement.
Earnings
Columbia Banking System beat estimated earnings by 19.12%, reporting an EPS of $0.81 versus an estimate of $0.68.
Revenue was up $23.22 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 0.54% drop in the share price the next day.
Here's a look at Columbia Banking System's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.59 | 0.71 | 0.66 | 0.62 |
| EPS Actual | 0.67 | 0.74 | 0.78 | 0.73 |
| Revenue Estimate | 166.42M | 150.87M | 148.31M | 148.21M |
| Revenue Actual | 169.76M | 156.50M | 148.19M | 147.16M |
To track all earnings releases for Columbia Banking System visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
