Columbia Banking System (COLB) Service Charges (2010 - 2024)
Columbia Banking System (COLB) posted Service Charges of $35.0 million for Q3 2024, down 3.38% sequentially from $36.2 million in Q2 2024, and up 21.79% YoY from $28.7 million in Q4 2023.
Columbia Banking System (COLB) Service Charges (2010 - 2024) Analysis & Trends
Columbia Banking System has reported Service Charges for 15 years, with the latest figure at $35.0 million in Q3 2024.
- Quarterly Service Charges rose 21.79% year-over-year to $35.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $155.4 million (up 58.17% YoY) and the FY2023 annual result came in at $117.0 million, up 160.01% from the prior year.
- Service Charges fell to $35.0 million in Q3 2024 per COLB's latest filing, from $36.2 million in the prior quarter.
- Over five years, Service Charges peaked at $49.8 million in Q1 2024 and troughed at $1.5 million in Q3 2021.
- A 5-year average of $16.5 million and a median of $9.9 million in 2022 frame the typical range for Service Charges.
- The sharpest annual moves came in 2021 and 2022: Service Charges plunged 67.72% in 2021, then soared 625.8% in 2022.
- Over 5 years, Service Charges stood at $4.1 million in 2020, then slumped by 46.63% to $2.2 million in 2021, then jumped by 625.8% to $15.8 million in 2022, then surged by 118.29% to $34.5 million in 2023, then rose by 1.36% to $35.0 million in 2024.
- According to Business Quant data, Service Charges over the past three periods registered $35.0 million, $36.2 million, and $49.8 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Columbia Banking System | 8.81 Bn | 7.04 Bn | 18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 34.98 Mn |
| Jun 30, 2024 | 36.20 Mn |
| Mar 31, 2024 | 49.75 Mn |
| Dec 31, 2023 | 34.51 Mn |
| Sep 30, 2023 | 28.72 Mn |
| Jun 30, 2023 | 33.48 Mn |
| Mar 31, 2023 | 20.27 Mn |
| Dec 31, 2022 | 15.81 Mn |
| Sep 30, 2022 | 10.39 Mn |
| Jun 30, 2022 | 9.88 Mn |
| Mar 31, 2022 | 8.91 Mn |
| Dec 31, 2021 | 2.18 Mn |
| Sep 30, 2021 | 1.48 Mn |
| Jun 30, 2021 | 1.94 Mn |
| Mar 31, 2021 | 3.47 Mn |
| Dec 31, 2020 | 4.08 Mn |
| Sep 30, 2020 | 4.58 Mn |
| Jun 30, 2020 | 5.64 Mn |
| Mar 31, 2020 | 6.79 Mn |
| Dec 31, 2019 | 3.57 Mn |