Columbia Banking (COLB) Tops Q4 Earnings and Revenue Estimates

Columbia Banking (COLB) came out with quarterly earnings of 0.82pershare,beatingtheZacksConsensusEstimateof0.82 per share, beating the Zacks Consensus Estimate of 0.72 per share. This compares to earnings of 0.71pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+13.890.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.89%. A quarter ago, it was expected that this bank holding company would post earnings of 0.66 per share when it actually produced earnings of $0.85, delivering a surprise of +28.79%.Over the last four quarte ...

Columbia Banking System-Columbia Banking (COLB) Tops Q4 Earnings and Revenue Estimates - Reportify