Columbia Banking System (COLB) Restructuring Costs (2022 - 2024)
Columbia Banking System (COLB) recorded Restructuring Costs of $2.36 million in Q3 2024, down 87.5% from $18.94 million a year earlier and down 83.9% from the prior quarter.
Columbia Banking System (COLB) Restructuring Costs (2022 - 2024) Analysis & Trends
On a TTM basis, Columbia Banking System's Restructuring Costs came in at $28.66 million as of Sep 30, 2024, down 83.7% year-over-year; for FY2023, it came in at $171.66 million, up 889.0% from FY2022.
- Across earlier years, Restructuring Costs came in at $17.36 million in FY2022 (+14.3%) and $15.18 million in FY2021.
- The Q3 2024 figure is the lowest quarterly Restructuring Costs since Q3 2022.
- On a year-over-year basis, Restructuring Costs has declined for four consecutive quarters, with an average decline of 68.2% over the last four quarters.
- Per Business Quant, the preceding three quarters came in at $14.64 million (Q2 2024), $4.48 million (Q1 2024) and $7.17 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - |
| 10 | Columbia Banking System | 8.11 Bn | -476.98 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.36 Mn |
| Jun 30, 2024 | 14.64 Mn |
| Mar 31, 2024 | 4.48 Mn |
| Dec 31, 2023 | 7.17 Mn |
| Sep 30, 2023 | 18.94 Mn |
| Jun 30, 2023 | 29.65 Mn |
| Mar 31, 2023 | 115.90 Mn |
| Dec 31, 2022 | 11.64 Mn |
| Sep 30, 2022 | 769,000.00 |
| Jun 30, 2022 | 2.67 Mn |
| Mar 31, 2022 | 2.28 Mn |
Columbia Banking System Restructuring Costs API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=restructuring-costs&ticker=COLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "restructuring-costs", "ticker": "COLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=restructuring-costs&ticker=COLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();