What trends show in COLB's past year earnings?

Columbia Banking System (COLB) has demonstrated a general upward trend in net income over the past year, with some fluctuations. Here's a summary of the key points:

1. **Growth Trend**: The net income for COLB has increased from $124.08 million on March 31, 2024, to $146.18 million on September 30, 2024. This indicates a general upward trajectory in earnings.
2. **Seasonal Variations**: There are seasonal variations in earnings, with the highest earnings reported in the third quarter of the year, which is typical for many banks due to seasonal factors such as increased business activity and reduced loan defaults.
3. **Stability**: Despite the fluctuations, the bank has maintained a relatively stable earnings base, with the lowest earnings reported in the second quarter of the year at $120.14 million on June 30, 2024, and a strong recovery in the subsequent quarter.
4. **Consistency**: The consistency of the earnings growth over the past four quarters suggests that COLB has a strong and stable business model, which is a positive indicator for investors.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|COLB|COLB.O|Columbia Banking System|2024 Q1|983.8865935318422|1.2408E8|185|
|COLB|COLB.O|Columbia Banking System|2024 Q2|-9.92150070851796|1.20144E8|185|
|COLB|COLB.O|Columbia Banking System|2024 Q3|7.609407780926791|1.46182E8|185|
|COLB|COLB.O|Columbia Banking System|2024 Q4|53.17809068651036|1.43269E8|185|