Columbia Banking System (COLB) Service Charges (2010 - 2024)
Columbia Banking System's (COLB) quarterly Service Charges came in at $35.0 million in Q3 2024, up 21.79% year-over-year from $28.7 million in Q4 2023, and down 3.38% quarter-over-quarter from $36.2 million in Q2 2024.
Analysis
Columbia Banking System (COLB) Service Charges (2010 - 2024) Analysis & Trends
Columbia Banking System has disclosed Service Charges across 15 years of filings, most recently posting $35.0 million for Q3 2024.
- In Q3 2024, Service Charges rose 21.79% year-over-year to $35.0 million; the TTM figure through Sep 2024 stood at $155.4 million (up 58.17% YoY), while the FY2023 annual figure was $117.0 million, up 160.01% from the prior year.
- Service Charges came in at $35.0 million for Q3 2024 at Columbia Banking System, down from $36.2 million in the prior quarter.
- In the past five years, Service Charges ranged from a high of $49.8 million in Q1 2024 to a low of $1.5 million in Q3 2021.
- Average Service Charges over 5 years is $16.5 million, with a median of $9.9 million recorded in 2022.
- Year-over-year, Service Charges tumbled 67.72% in 2021 and surged 625.8% in 2022.
- Over 5 years, Service Charges stood at $4.1 million in 2020, then plunged by 46.63% to $2.2 million in 2021, then surged by 625.8% to $15.8 million in 2022, then soared by 118.29% to $34.5 million in 2023, then grew by 1.36% to $35.0 million in 2024.
- Per Business Quant data, the three most recent Service Charges figures were $35.0 million in Q3 2024, $36.2 million in Q2 2024, and $49.8 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - |
| 10 | Columbia Banking System | 8.52 Bn | 6.75 Bn | 18.00 Mn |
Historic Data
Download Data
Historic 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 |