Columbia Banking System IncColumbia Banking System reported Q1 revenue of $677 million, in line with estimates, beat EPS but slightly missed on tangible book value per share.
Columbia Banking System reported first-quarter revenues of $677 million, up 40.2% year on year and in line with analysts' expectations, as part of a broader mixed quarter for the regional bank. The company beat analysts' earnings per share estimates but slightly missed on tangible book value per share. Among the 91 regional bank stocks tracked, UMB Financial delivered the biggest analyst estimate beat with revenues of $744.8 million, while BankUnited posted the weakest results with revenues of $273.8 million, falling short of expectations by 5.1%. Overall, the group's revenues were in line with consensus estimates, and share prices have held steady, rising 3.3% on average since the latest earnings results.
Columbia Banking System IncColumbia Banking System reported Q1 revenue of $677 million, in line with estimates, beat EPS but slightly missed on tangible book value per share.
BankUnited IncBankUnited posted the weakest results with revenues of $273.8 million, falling short of expectations by 5.1%.
UMB Financial CorporationUMB Financial delivered the biggest analyst estimate beat with revenues of $744.8 million.
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