Frost Bank
CFR Β· Regional Banks
$157.05
0.4%Columbia Banking System
COLB Β· Regional Banks
$30.86
3.2%The short version
- Columbia Banking System is the larger business, with $2.3B of revenue in fiscal 2025 against $2.2B for Frost Bank.
- Columbia Banking System grew revenue faster (19.3%, against 8.3%).
- Investors pay more for each dollar of Frost Bankβs earnings: a P/E of 14.8x against 12.1x for Columbia Banking System.
| Latest fiscal year | CFR Β· FY25 | COLB Β· FY25 |
|---|---|---|
| Size | ||
| Market cap | $10.1B | $7.4B |
| Revenue | $2.2B | $2.3B |
| Free cash flow | β | β |
| Net income | $649M | $550M |
| Growth | ||
| Revenue growth | 8.3% | 19.3% |
| 5-year growth | 9.2% | 30.6% |
| Share count change | β0.3% | 14.2% |
| Profitability | ||
| Gross margin | β | β |
| Operating margin | β | β |
| Net margin | 29.0% | 23.9% |
| FCF margin | β | β |
| Return on capital | β | β |
| Return on equity | 15.3% | 8.5% |
| Balance sheet | ||
| Net debt | β | β |
| Net debt / EBITDA | β | β |
| Dividends and buybacks | $413M | $444M |
| Valuation & quality | ||
| P/E | 14.8x | 12.1x |
| Piotroski F-score | β | β |
FY16
CFR $1.1B
COLB $422M
FY17
CFR $1.2B
COLB $478M
FY18
CFR $1.3B
COLB $567M
FY19
CFR $1.4B
COLB $591M
FY20
CFR $1.4B
COLB $605M
FY21
CFR $1.4B
COLB $1.3B
FY22
CFR $1.7B
COLB $1.3B
FY23
CFR $2.0B
COLB $2.0B
FY24
CFR $2.1B
COLB $1.9B
FY25
CFR $2.2B
COLB $2.3B
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