Columbia Banking System: Massive Share Repurchase And A 5% Yield

Impact · against what's priced in

COLB is a buy based on a newly announced $1.2 billion share buyback and strong operational performance, though the accretion from the PPBI acquisition is likely already factored in. The aggressive buyback program provides a fresh catalyst for EPS growth and valuation re-rating relative to the sector median P/B.

COLB+0.80: No priced-in read yet
In context: The announcement of a $1.2 billion share buyback program is a fresh catalyst that provides significant capital return and supports a stock trading at a 20% discount to the sector median P/B.
Read from the article alone

Columbia Banking System: Massive Share Repurchase And A 5% Yield

COLBNew
earnings▲31%
m and a▲13%
dividends
banking
PPBI
regional banks

Columbia Banking System: Massive Share Repurchase And A 5% Yield

What matters in this story

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Columbia Banking System: Massive Share Repurchase And A 5% Yield

What matters in this story

If You Invest $1,000 a Year in Morgan Stanley (MS) Stock, How Much Dividend Income Could It Generate Over 20 Years?

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Columbia Banking System: Massive Share Repurchase And A 5% Yield

What matters in this story

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If You Invest $1,000 a Year in Morgan Stanley (MS) Stock, How Much Dividend Income Could It Generate Over 20 Years?

Columbia Banking System: Massive Share Repurchase And A 5% Yield

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If You Invest $1,000 a Year in Morgan Stanley (MS) Stock, How Much Dividend Income Could It Generate Over 20 Years?

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