COLB vs. VLY
COLB (Columbia Banking System, Inc.) and VLY (Valley National Bancorp) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, COLB returned 4.64%/yr vs 9.40%/yr for VLY. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
COLB vs. VLY - Performance Comparison
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Returns By Period
In the year-to-date period, COLB achieves a 14.68% return, which is significantly lower than VLY's 24.43% return. Over the past 10 years, COLB has underperformed VLY with an annualized return of 4.64%, while VLY has yielded a comparatively higher 9.40% annualized return.
COLB
- 1D
- 0.06%
- 1M
- -1.42%
- 6M
- 8.88%
- YTD
- 14.68%
- 1Y
- 41.50%
- 3Y*
- 19.27%
- 5Y*
- 3.04%
- 10Y*
- 4.64%
- ALL TIME*
- 7.67%
VLY
- 1D
- -0.21%
- 1M
- -2.06%
- 6M
- 16.64%
- YTD
- 24.43%
- 1Y
- 61.43%
- 3Y*
- 18.36%
- 5Y*
- 6.63%
- 10Y*
- 9.40%
- ALL TIME*
- 9.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $108.68M | $97.05M | $92.21M | |
| $114.34M | $100.97M | $92.03M |
COLB vs. VLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COLB Columbia Banking System, Inc. | 14.68% | 9.36% | 8.05% | -5.86% | -4.26% | -6.24% | -8.16% | 15.54% | -14.36% | -0.65% |
VLY Valley National Bancorp | 24.43% | 34.83% | -11.91% | 0.67% | -14.61% | 45.75% | -10.00% | 34.31% | -17.82% | 0.09% |
Correlation
The correlation between COLB and VLY is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 1992 | 0.47 |
Over the past year, COLB and VLY have become more correlated (0.83) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
COLB:
$8.84B
VLY:
$7.92B
COLB:
$2.55
VLY:
$1.24
COLB:
12.25
VLY:
11.56
COLB:
1.66
VLY:
12.78
COLB:
2.54
VLY:
2.69
COLB:
1.19
VLY:
1.05
COLB:
$3.43B
VLY:
$2.98B
COLB:
$1.83B
VLY:
$1.51B
COLB:
$776.08M
VLY:
$465.01M
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Return for Risk
COLB vs. VLY — Risk / Return Rank
COLB
VLY
COLB vs. VLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Banking System, Inc. (COLB) and Valley National Bancorp (VLY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| COLB | VLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.38 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 4.41 | -2.32 |
| Martin ratioReturn relative to average drawdown | 5.83 | 13.04 | -7.22 |
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Drawdowns
COLB vs. VLY - Drawdown Comparison
The maximum COLB drawdown since its inception was -85.93%, which is greater than VLY's maximum drawdown of -62.17%. Use the drawdown chart below to compare losses from any high point for COLB and VLY.
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Drawdown Indicators
| COLB | VLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.93% | -62.17% | -23.76% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -13.64% | -4.74% |
Max Drawdown (3Y)Largest decline over 3 years | -36.43% | -39.47% | +3.04% |
Max Drawdown (5Y)Largest decline over 5 years | -51.72% | -53.95% | +2.23% |
Max Drawdown (10Y)Largest decline over 10 years | -60.80% | -53.95% | -6.85% |
Current DrawdownCurrent decline from peak | -19.04% | -5.92% | -13.12% |
Average DrawdownAverage peak-to-trough decline | -27.51% | -13.94% | -13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.59% | 4.60% | +1.99% |
Volatility
COLB vs. VLY - Volatility Comparison
Columbia Banking System, Inc. (COLB) has a higher volatility of 7.57% compared to Valley National Bancorp (VLY) at 5.89%. This indicates that COLB's price experiences larger fluctuations and is considered to be riskier than VLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COLB | VLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.57% | 5.89% | +1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 19.02% | 17.80% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.80% | 27.54% | +1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.96% | 37.30% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.88% | 36.43% | +1.45% |
Dividends
COLB vs. VLY - Dividend Comparison
COLB's dividend yield for the trailing twelve months is around 4.70%, more than VLY's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLB Columbia Banking System, Inc. | 4.70% | 5.19% | 5.33% | 5.17% | 3.98% | 3.48% | 3.12% | 2.75% | 2.76% | 2.03% | 3.42% | 3.57% |
VLY Valley National Bancorp | 3.08% | 3.77% | 4.86% | 4.05% | 3.89% | 3.20% | 4.51% | 3.84% | 4.95% | 3.92% | 3.78% | 4.47% |
Financials
COLB vs. VLY - Financials Comparison
This section allows you to compare key financial metrics between Columbia Banking System, Inc. and Valley National Bancorp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
COLB vs. VLY - Profitability Comparison
COLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Columbia Banking System, Inc. reported a gross profit of 0.00 and revenue of 810.00M. Therefore, the gross margin over that period was 0.0%.
VLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Valley National Bancorp reported a gross profit of -26.28M and revenue of 326.17M. Therefore, the gross margin over that period was -8.1%.
COLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Columbia Banking System, Inc. reported an operating income of 0.00 and revenue of 810.00M, resulting in an operating margin of 0.0%.
VLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Valley National Bancorp reported an operating income of -209.18M and revenue of 326.17M, resulting in an operating margin of -64.1%.
COLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Columbia Banking System, Inc. reported a net income of 208.00M and revenue of 810.00M, resulting in a net margin of 25.7%.
VLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Valley National Bancorp reported a net income of 170.89M and revenue of 326.17M, resulting in a net margin of 52.4%.
Frequently Asked Questions
COLB and VLY have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COLB has higher volatility (7.57%) compared to VLY (5.89%). In terms of maximum drawdown, COLB dropped -85.93% vs VLY's -62.17%.
VLY currently has the higher Sharpe Ratio (2.19 vs 1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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