Brock Lakely - Columbia Banking Senior Vice President Chief Accounting Officer

COLB Stock  USD 32.01  0.37  1.17%   

President

Mr. Brock Lakely is appointed as Senior Vice President, Chief Accounting Officer of the company effective June 1, 2018. He joined the Company as Regulatory Reporting Officer in September 2011 and was promoted to Financial Reporting Manager in July 2014. Prior to Columbia, he spent nearly five years as a senior accountant and senior financial reporting analyst for Russell Investments. He began his career at Ernst Young as a staff and senior auditor for private and public companies in several industries including banking. He is a Certified Public Accountant and holds an MBA from Oklahoma State University and a bachelors degree in accounting from Southwestern Oklahoma State University. since 2018.
Age 37
Tenure 6 years
Professional MarksMBA
Address 1301 A Street, Tacoma, WA, United States, 98402-4200
Phone253 305 1900
Webhttps://www.columbiabankingsystem.com

Columbia Banking Management Efficiency

As of November 26, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.01. At present, Columbia Banking's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 59.8 B, whereas Non Currrent Assets Other are projected to grow to (10.8 B). Columbia Banking's management efficiency ratios could be used to measure how well Columbia Banking manages its routine affairs as well as how well it operates its assets and liabilities.
Columbia Banking System currently holds 4.5 B in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Columbia Banking's use of debt, we should always consider it together with its cash and equity.

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Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. The company was founded in 1993 and is headquartered in Tacoma, Washington. Columbia Banking operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2260 people. Columbia Banking System (COLB) is traded on NASDAQ Exchange in USA. It is located in 1301 A Street, Tacoma, WA, United States, 98402-4200 and employs 5,114 people. Columbia Banking is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Columbia Banking System Leadership Team

Elected by the shareholders, the Columbia Banking's board of directors comprises two types of representatives: Columbia Banking inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Columbia. The board's role is to monitor Columbia Banking's management team and ensure that shareholders' interests are well served. Columbia Banking's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Columbia Banking's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Eid, Ex Officer
Amy Betts, Head Relations
Brock Lakely, Senior Vice President Chief Accounting Officer
Jason Hester, VP Officer
Christopher Merrywell, Senior President
David Devine, Executive Officer
Lisa White, Principal Controller
Clint Stein, CFO and Executive VP
Lori Smith, Executive Bank
Michelle Bressman, VP Officer
Andrew Ognall, Executive Officer
Lisa Dow, Executive Vice President Chief Risk Officer
CPA Farnsworth, Executive CFO
Kumi Baruffi, Executive VP, General Counsel, Executive VP of Columbia State Bank and General Counsel of Columbia State Bank
Cort OHaver, Executive Chairman
Clint CPA, CEO President
Andrew McDonald, Chief Credit Officer, Executive VP and Chief Credit Officer of Columbia Bank
John Swanson, Executive Estate
Neal CPA, Executive Treasurer
Sheri Burns, Chief Officer
Aaron Deer, Executive Officer
Drew CPA, Executive Officer
Jacquelynne CFA, Head Relations
Torran Nixon, Senior President
David Shotwell, Executive Officer

Columbia Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Columbia Banking a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Columbia Banking System offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbia Banking's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbia Banking System Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Columbia Banking System Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbia Banking. If investors know Columbia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbia Banking listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.077
Dividend Share
0.36
Earnings Share
2.35
Revenue Per Share
8.776
Quarterly Revenue Growth
(0.04)
The market value of Columbia Banking System is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Banking's value that differs from its market value or its book value, called intrinsic value, which is Columbia Banking's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Banking's market value can be influenced by many factors that don't directly affect Columbia Banking's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Banking's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Banking is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Banking's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.