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Columbia Banking System Announces Q3 2024 Earnings Release Date

AInvestMonday, Sep 30, 2024 8:21 am ET
2min read
Columbia Banking System, Inc. (Nasdaq: COLB), the parent company of Umpqua Bank, has announced the release date for its third quarter 2024 financial results. The earnings will be disclosed on Thursday, October 24, 2024, before the market opens. Following this, the company will host a conference call for investors and analysts at 8:30 a.m. PT (11:30 a.m. ET) on the same day.

The upcoming earnings date is based on the company's previous reporting and may be updated when the actual date is announced. The earnings release will provide insights into COLB's financial performance for the quarter ending in 2024 (Q3). The consensus EPS forecast for this period is $0.62, according to TipRanks.

COLB's earnings announcements can affect the stock's price. The table below shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

| Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
| --- | --- | --- | --- |
| Jul 25, 2024 | $23.82 | $26.58 | +11.59% |
| Apr 25, 2024 | $18.38 | $18.48 | +0.54% |
| Jan 24, 2024 | $24.25 | $19.12 | -21.15% |
| Oct 18, 2023 | $18.70 | $18.52 | -0.96% |

COLB's earnings history shows the report date, fiscal quarter, forecasted EPS, last year's EPS, and the EPS YoY change. The table below displays the earnings history for the past few quarters.

| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change |
| --- | --- | --- | --- | --- |
| Oct 24, 2024 | 2024 (Q3) | 0.61 / - | 0.79 | - |
| Jul 25, 2024 | 2024 (Q2) | 0.57 / 0.67 | 0.81 | -17.28% (-0.14) |
| Apr 25, 2024 | 2024 (Q1) | 0.53 / 0.65 | 0.46 | 41.30% (+0.19) |
| Jan 24, 2024 | 2023 (Q4) | 0.79 / 0.44 | 0.88 | -50.00% (-0.44) |
| Oct 18, 2023 | 2023 (Q3) | 0.73 / 0.79 | 0.83 | -4.82% (-0.04) |
| Jul 19, 2023 | 2023 (Q2) | 0.93 / 0.81 | 0.75 | 8.00% (+0.06) |
| Apr 26, 2023 | 2023 (Q1) | 0.73 / 0.46 | 0.74 | -37.84% (-0.28) |
| Jan 24, 2023 | 2022 (Q4) | 0.77 / 0.88 | 0.55 | 60.00% (+0.33) |
| Oct 20, 2022 | 2022 (Q3) | 0.82 / 0.83 | 0.74 | 12.16% (+0.09) |
| Jul 21, 2022 | 2022 (Q2) | 0.77 / 0.75 | 0.77 | -2.60% (-0.02) |

The upcoming earnings release will provide valuable insights into COLB's financial performance and help investors make informed decisions. As the earnings date approaches, analysts' ratings and price targets may change, reflecting market expectations. Stay tuned for further updates on COLB's earnings and the company's performance.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.