Columbia Banking System is trading with a PEG ratio of 1.5, based on Jun 22, 2026 data. Dividing the 12.01 PE ratio by the 8.0% earnings growth rate yields this valuation metric.
Historically, Columbia Banking System shows a PEG ratio averaging 1.81 across the past ten years. At 1.5, today's PE to growth ratio sits 17% below its historical average. The ten years high occurred in the Jun 2018 quarter at 10.18, reflecting maximum valuation relative to growth. The minimum was hit in the Dec 2021 quarter at 0.21, indicating optimal value relative to growth during that period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 12.1 | -9.8% |
| 2024 | 0.25 | 10.55 | 43% |
| 2023 | N/A | 14.91 | -31.2% |
| 2022 | N/A | 11.59 | -19.3% |
| 2021 | 0.21 | 10.16 | 48.4% |
| 2020 | N/A | 16.54 | -19% |
| 2019 | 1.12 | 15.18 | 13.6% |
| 2018 | 0.57 | 15.38 | 26.9% |
| 2017 | 8.34 | 23.35 | 2.8% |
| 2016 | 4.26 | 24.69 | 5.8% |
| 2015 | 1.61 | 19.01 | 11.8% |
| 2014 | 0.77 | 18.05 | 23.4% |
| 2013 | 3.21 | 22.17 | 6.9% |
| 2012 | N/A | 15.47 | -4.9% |
| 2011 | 0.24 | 15.8 | 67.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 1.33 | 10.67 | 8% |
| Dec 2025 | N/A | 12.1 | -9.8% |
| Sep 2025 | N/A | 11.54 | -4.3% |
| Jun 2025 | 0.84 | 9.24 | 11% |
| Mar 2025 | 6.16 | 10.48 | 1.7% |
| Dec 2024 | 0.25 | 10.55 | 43% |
| Sep 2024 | 0.42 | 11.21 | 26.6% |
| Jun 2024 | 0.36 | 8.72 | 23.9% |
| Mar 2024 | 0.28 | 8.27 | 29.3% |
| Dec 2023 | N/A | 14.91 | -31.2% |
| Sep 2023 | N/A | 11.03 | -37.4% |
| Jun 2023 | N/A | 11.02 | -39.5% |
| Mar 2023 | N/A | 11.83 | -43.4% |
| Dec 2022 | N/A | 11.59 | -19.3% |
| Sep 2022 | N/A | 9.83 | -4.2% |
Measured against past performance, COLB's PEG ratio is higher than its 3 and 5-year averages, though it is below the 10-year average.
With a PEG of 1.5, COLB is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 0.46, Columbia Banking System's PEG is 226% higher.
COLB has a PEG ratio above that of peer stocks EWBC and BOH. With a PEG ratio of 1.5, Columbia Banking System stands higher than the 0.52 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HFWA Heritage Financial Corp | 0.37 | $1.18B |
| BOH Bank Of Hawaii Corp | 0.41 | $3.21B |
| BANR Banner Corp | 0.67 | $2.27B |
| EWBC East West Bancorp Inc | 0.67 | $17.93B |
| COLB Columbia Banking System Inc | 1.52 | $9.05B |
| BMRC Bank of Marin Bancorp | N/A | $427.57M |
COLB shows a PEG ratio of 1.5, per Jun 22, 2026 data.
Over the last 3 years, COLB's PEG ratio has settled near 1.38.
Over the last 5 years, COLB's PEG ratio has settled near 1.16.
The Jun 2018 quarter marked the ten years high at 10.18 for COLB's PEG ratio.
Compared to the 10-year average, COLB's PEG ratio is 17% lower.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Jun 22, 2026, Columbia Banking System has a P/E ratio of 12.01. Earnings grew at 8.0% over the TTM period ending Mar 2026. Applying the formula, this produces a price to earnings growth ratio of 1.5. PEG RATIO(1.5) = PE RATIO(12.01) / EPS GROWTH(8.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.