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Columbia Banking (COLB) Beats Q2 Earnings and Revenue Estimates

Columbia Banking (COLB) came out with quarterly earnings of 0.76pershare,beatingtheZacksConsensusEstimateof0.76 per share, beating the Zacks Consensus Estimate of 0.66 per share. This compares to earnings of 0.67pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+15.150.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.15%. A quarter ago, it was expected that this bank holding company would post earnings of 0.63 per share when it actually produced earnings of $0.67, delivering a surprise of +6.35%.Over the last four quarter ...