Demonstrações financeiras detalhadas de Columbia Banking System, Inc. (COLB): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Columbia Banking System, Inc. registou receitas de $3.21B no último exercício, com um CAGR de 5 anos de 17.7%.
Margens dos últimos 12 meses: margem bruta 71.0%, margem operacional 26.8%, margem líquida 20.0%. O fluxo de caixa livre cresceu a CAGR de 53.9% em 5 anos.
Ao preço atual de $29.72, COLB negocia a um P/L de 11.91 e um ROE de 9.22%. A capitalização de mercado é de $8.4B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $1.21B | $1.22B | $1.35B | $1.47B | $1.42B | $1.32B | $1.35B | $2.74B | $2.97B | $3.21B |
| Custo da Receita | $107.7M | $125.5M | $184.4M | $283.0M | $335.0M | -$255000 | $162.0M | $959.4M | $1.14B | $1.04B |
| Lucro Bruto | $1.10B | $1.10B | $1.16B | $1.19B | $1.09B | $1.32B | $1.19B | $1.78B | $1.82B | $2.17B |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $515.3M | $526.3M | $532.9M | $513.6M | $500.1M | $497.4M | $461.7M | $698.9M | $641.4M | $706.5M |
| Despesas Operacionais | $737.4M | $748.4M | $739.5M | $719.0M | $2.55B | $760.5M | $735.0M | $1.31B | $1.10B | $1.42B |
| Lucro Operacional | $361.0M | $349.0M | $422.7M | $468.9M | -$1.46B | $558.2M | $450.6M | $471.2M | $718.8M | $751.3M |
| EBITDA | $420.3M | $407.0M | $475.0M | $512.2M | -$1.42B | $589.7M | $478.9M | $615.5M | $868.6M | $895.3M |
| Despesas com Juros | $66.1M | $78.2M | $128.5M | $210.4M | $130.1M | $42.4M | $78.0M | $746.2M | $1.04B | $912.5M |
| Lucro Antes de Impostos | $361.0M | $349.0M | $422.7M | $468.9M | -$1.46B | $558.2M | $450.6M | $471.2M | $718.8M | $728.3M |
| Imposto | $130.9M | $106.7M | $106.4M | $114.8M | $67.0M | $137.9M | $113.8M | $122.5M | $185.1M | $178.3M |
| Lucro Líquido | $230.1M | $242.3M | $316.3M | $354.1M | -$1.52B | $420.3M | $336.8M | $348.7M | $533.7M | $550.0M |
| LPA | $1.06 | $1.12 | $1.44 | $1.61 | $-6.92 | $1.92 | $1.55 | $1.79 | $2.56 | $2.31 |
| LPA Diluído | $1.05 | $1.12 | $1.43 | $1.60 | $-6.92 | $1.91 | $1.55 | $1.78 | $2.55 | $2.30 |
| Ações em Circulação (Diluídas) | $220.9M | $220.8M | $220.7M | $220.7M | $220.2M | $219.6M | $217.4M | $195.9M | $209.3M | $296.8M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $817.0M | $948.0M | $851.0M | $946.0M |
| Lucro Bruto | $512.0M | $717.0M | $601.0M | $698.0M |
| Lucro Operacional | $119.0M | $305.0M | $255.0M | $275.0M |
| EBITDA | $153.1M | $347.0M | $276.0M | $317.0M |
| Lucro Líquido | $96.0M | $215.0M | $192.0M | $208.0M |
| LPA | $0.40 | $0.73 | $0.66 | $0.73 |
| LPA Diluído | $0.40 | $0.72 | $0.66 | $0.73 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $1.45B | $634.3M | $622.6M | $1.36B | $2.57B | $2.76B | $1.29B | $2.16B | $1.87B | $511.0M |
| Investimentos de Curto Prazo | $2.70B | $3.07B | $2.98B | $2.81B | $2.93B | $3.87B | $3.20B | $8.83B | $211.5M | 0 |
| Contas a Receber | $1.02B | $1.25B | $1.41B | $1.56B | $1.57B | $1.58B | $1.71B | $1.73B | $1.66B | $232.0M |
| Estoque | -$920.5M | -$1.13B | -$1.28B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $5.19B | $4.98B | $5.04B | $5.77B | $7.11B | $8.25B | $6.24B | $12.72B | $3.74B | $743.0M |
| Imobilizado | $303.9M | $269.2M | $227.4M | $312.2M | $283.0M | $253.5M | $254.6M | $454.8M | $459.9M | $422.0M |
| Ágio | $1.79B | $1.79B | $1.79B | $1.79B | $2.7M | 0 | 0 | $1.03B | $1.03B | $1.48B |
| Ativos Intangíveis | $179.9M | $183.3M | $193.0M | $133.4M | $106.3M | $132.5M | $189.8M | $712.9M | $592.6M | $712.0M |
| Ativos Totais | $24.81B | $25.74B | $26.94B | $28.85B | $29.24B | $30.64B | $31.85B | $52.17B | $51.58B | $67.22B |
| Contas a Pagar | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dívida de Curto Prazo | $352.9M | $294.3M | $297.2M | $311.3M | $375.4M | $492.2M | $308.8M | $252.1M | $236.6M | $3.45B |
| Passivos Circulantes | $19.37B | $20.24B | $21.43B | $22.79B | $25.00B | $27.09B | $27.37B | $41.86B | $41.96B | $3.45B |
| Dívida de Longo Prazo | $1.22B | $1.18B | $1.14B | $1.27B | $1.11B | $387.5M | $1.32B | $4.37B | $3.54B | $435.0M |
| Passivos Totais | $20.90B | $21.73B | $22.88B | $24.53B | $26.53B | $27.89B | $29.37B | $47.18B | $46.46B | $59.38B |
| Reservas | $422.8M | $477.1M | $602.5M | $770.4M | -$932.8M | -$697.3M | -$543.8M | -$467.6M | -$237.3M | -$26.0M |
| Patrimônio Líquido | $3.92B | $3.97B | $4.06B | $4.31B | $2.70B | $2.75B | $2.48B | $5.00B | $5.12B | $7.84B |
| Dívida Total | $1.57B | $1.47B | $1.44B | $1.70B | $1.60B | $975.1M | $1.72B | $4.76B | $3.90B | $4.01B |
| Dívida Líquida | -$2.58B | -$2.23B | -$2.16B | -$2.48B | -$3.90B | -$5.66B | -$2.77B | -$6.23B | $1.82B | $3.50B |
| Capital de Giro | -$14.19B | -$15.27B | -$16.39B | -$17.02B | -$17.89B | -$18.84B | -$21.13B | -$29.14B | -$38.21B | -$2.71B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $2.33B | $511.0M | $577.0M | $648.0M |
| Ativos Totais | $67.50B | $67.22B | $66.03B | $65.38B |
| Passivos Totais | $59.71B | $59.38B | $58.36B | $57.83B |
| Patrimônio Líquido | $7.79B | $7.84B | $7.66B | $7.55B |
| Dívida Total | $3.07B | $4.01B | $3.99B | $4.88B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $230.1M | $242.3M | $316.3M | $354.1M | -$1.52B | $420.3M | $336.8M | $348.7M | $533.7M | $550.0M |
| Depreciação e Amortização | $59.3M | $58.0M | $52.3M | $43.3M | $37.5M | $31.5M | $28.3M | $144.3M | $149.9M | $141.0M |
| Compensação em Ações | $9.8M | $9.6M | $7.5M | $8.4M | $9.3M | $10.9M | $9.8M | $18.1M | $20.4M | $33.0M |
| Variação Capital de Giro | -$45.7M | -$69.8M | -$37.9M | -$138.3M | -$200.7M | $143.8M | $399.8M | -$119.1M | -$40.4M | -$154.0M |
| Fluxo de Caixa Operacional | $415.2M | $515.5M | $505.2M | -$80.5M | $93.8M | $662.7M | $1.07B | $669.8M | $658.9M | $746.0M |
| CapEx | -$30.3M | -$4.3M | -$9.0M | -$12.7M | -$12.0M | -$15.5M | -$27.1M | 0 | -$35.7M | -$40.0M |
| Aquisições | 0 | 0 | -$35.2M | -$44.6M | -$171.4M | $10.8M | 0 | $274.6M | 0 | $874.0M |
| Recompra de Ações | -$17.7M | -$8.6M | -$13.0M | -$7.3M | -$8.7M | -$80.7M | -$4.2M | -$6.3M | -$5.7M | -$109.0M |
| Dividendos Pagos | -$141.1M | -$145.4M | -$173.9M | -$185.1M | -$185.0M | -$183.7M | -$182.3M | -$270.3M | -$300.2M | -$335.0M |
| Fluxo de Caixa Livre | $384.9M | $511.2M | $496.3M | -$93.2M | $81.8M | $647.2M | $1.04B | $669.8M | $623.2M | $706.0M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $236.2M | $281.0M | $494.0M | $295.0M |
| CapEx | $22.0M | -$22.2M | -$17.0M | -$7.0M |
| Fluxo de Caixa Livre | $258.2M | $258.8M | $477.0M | $288.0M |
| Dividendos Pagos | -$75.5M | -$109.0M | -$107.0M | -$105.0M |
| Compensação em Ações | $6.8M | $10.0M | $10.0M | $9.0M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +1.4% | +10.1% | +9.2% | -3.1% | -7.5% | +2.2% | +103.6% | +8.1% | +8.3% |
| Crescimento Lucro Líquido (anual) | | +5.3% | +30.5% | +12.0% | -530.2% | +127.6% | -19.9% | +3.6% | +53.0% | +3.1% |
| Crescimento LPA (anual) | | +5.7% | +28.6% | +11.8% | -529.8% | +127.7% | -19.3% | +15.5% | +43.0% | -9.8% |
| Variação de Ações (anual) | | -0.0% | -0.0% | -0.0% | -0.2% | -0.3% | -1.0% | -9.9% | +6.9% | +41.8% |
| Crescimento FCF (anual) | | +32.8% | -2.9% | -118.8% | +187.8% | +691.4% | +60.4% | -35.5% | -7.0% | +13.3% |
| Margem Bruta | 91.1% | 89.7% | 86.3% | 80.8% | 76.5% | 100.0% | 88.0% | 65.0% | 61.5% | 67.7% |
| Margem Operacional | 29.9% | 28.5% | 31.4% | 31.9% | -102.2% | 42.3% | 33.4% | 17.2% | 24.2% | 23.4% |
| Margem EBITDA | 34.8% | 33.3% | 35.3% | 34.8% | -99.6% | 44.7% | 35.5% | 22.4% | 29.3% | 27.9% |
| Margem Líquida | 19.1% | 19.8% | 23.5% | 24.1% | -106.9% | 31.9% | 25.0% | 12.7% | 18.0% | 17.1% |
| Margem FCF | 31.9% | 41.8% | 36.9% | -6.3% | 5.7% | 49.1% | 77.0% | 24.4% | 21.0% | 22.0% |
| Taxa Efetiva de Imposto | 36.3% | 30.6% | 25.2% | 24.5% | -4.6% | 24.7% | 25.3% | 26.0% | 25.7% | 24.5% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $1.74 | $2.31 | $2.25 | $-0.42 | $0.37 | $2.95 | $4.77 | $3.42 | $2.98 | $2.38 |
| Dividendo por Ação | $0.64 | $0.66 | $0.79 | $0.84 | $0.84 | $0.84 | $0.84 | $1.38 | $1.43 | $1.13 |
| Ações em Circulação (Básicas) | $220.3M | $220.3M | $220.3M | $220.3M | $220.2M | $219.0M | $217.0M | $195.3M | $208.5M | $295.4M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 9.22% |
| Retorno sobre capital investido | 5.47% |
| Retorno sobre ativos | 1.09% |
| Margem bruta | 70.97% |
| Margem operacional | 26.78% |
| Margem líquida | 19.96% |
Saúde financeira
| Dívida / Patrimônio | 0.65 |
| Liquidez corrente | 0.01 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 0.12 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 42.15 | 38.79 | 25.20 | 25.27 | -5.19 | 17.04 | 19.44 | 14.91 | 10.55 | 12.10 |
| P/VP | 2.51 | 2.41 | 1.97 | 2.08 | 2.92 | 2.61 | 2.64 | 1.04 | 1.10 | 1.05 |
| P/V | 8.16 | 7.82 | 5.94 | 6.10 | 5.55 | 5.44 | 4.85 | 1.90 | 1.90 | 2.57 |
| Margem Bruta | 91.1% | 89.7% | 86.3% | 80.8% | 76.5% | 100.0% | 88.0% | 65.0% | 61.5% | 67.7% |
| Margem Operacional | 29.9% | 28.5% | 31.4% | 31.9% | -102.2% | 42.3% | 33.4% | 17.2% | 24.2% | 23.4% |
| Margem Líquida | 19.1% | 19.8% | 23.5% | 24.1% | -106.9% | 31.9% | 25.0% | 12.7% | 18.0% | 17.1% |