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 5.40%/yr vs 9.45%/yr for VLY. At a 0.47 correlation, their price movements are largely independent.
Performance
COLB vs. VLY - Performance Comparison
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Returns By Period
In the year-to-date period, COLB achieves a 13.21% return, which is significantly lower than VLY's 23.99% return. Over the past 10 years, COLB has underperformed VLY with an annualized return of 5.40%, while VLY has yielded a comparatively higher 9.45% annualized return.
COLB
- 1D
- 1.05%
- 1M
- 5.15%
- YTD
- 13.21%
- 6M
- 9.04%
- 1Y
- 44.74%
- 3Y*
- 21.75%
- 5Y*
- 0.39%
- 10Y*
- 5.40%
VLY
- 1D
- 1.06%
- 1M
- 5.89%
- YTD
- 23.99%
- 6M
- 19.89%
- 1Y
- 70.33%
- 3Y*
- 29.67%
- 5Y*
- 5.65%
- 10Y*
- 9.45%
COLB vs. VLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COLB Columbia Banking System, Inc. | 13.21% | 9.36% | 8.05% | -5.86% | -4.26% | -6.24% | -8.16% | 15.54% | -14.36% | -0.65% |
VLY Valley National Bancorp | 23.99% | 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 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 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 (0.82) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
COLB:
$9.02B
VLY:
$7.96B
COLB:
$2.53
VLY:
$1.17
COLB:
12.22
VLY:
12.21
COLB:
1.66
VLY:
13.50
COLB:
2.42
VLY:
2.51
COLB:
1.18
VLY:
1.02
COLB:
$3.32B
VLY:
$3.19B
COLB:
$1.71B
VLY:
$1.47B
COLB:
$736.44M
VLY:
$847.74M
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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 | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.42 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 5.18 | -2.74 |
| Martin ratioReturn relative to average drawdown | 6.70 | 15.39 | -8.69 |
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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 | -20.07% | -1.93% | -18.14% |
Average DrawdownAverage peak-to-trough decline | -27.54% | -13.97% | -13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 4.58% | +2.11% |
Volatility
COLB vs. VLY - Volatility Comparison
Columbia Banking System, Inc. (COLB) and Valley National Bancorp (VLY) have volatilities of 6.71% and 6.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 6.71% | 6.73% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 19.03% | -0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.13% | 28.07% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.07% | 37.46% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.99% | 36.51% | +1.48% |
Dividends
COLB vs. VLY - Dividend Comparison
COLB's dividend yield for the trailing twelve months is around 4.76%, more than VLY's 3.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COLB Columbia Banking System, Inc. | 4.76% | 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 | 3.09% | 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 Jun 2026, Columbia Banking System, Inc. reported a gross profit of 0.00 and revenue of 816.00M. 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 Jun 2026, Valley National Bancorp reported a gross profit of 0.00 and revenue of 540.36M. Therefore, the gross margin over that period was 0.0%.
COLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Columbia Banking System, Inc. reported an operating income of 0.00 and revenue of 816.00M, 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 Jun 2026, Valley National Bancorp reported an operating income of 209.18M and revenue of 540.36M, resulting in an operating margin of 38.7%.
COLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Columbia Banking System, Inc. reported a net income of 192.00M and revenue of 816.00M, resulting in a net margin of 23.5%.
VLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Valley National Bancorp reported a net income of 163.91M and revenue of 540.36M, resulting in a net margin of 30.3%.
Frequently Asked Questions
COLB and VLY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLY has higher volatility (6.73%) compared to COLB (6.71%). In terms of maximum drawdown, COLB dropped -85.93% vs VLY's -62.17%.
VLY currently has the higher Sharpe Ratio (2.52 vs 1.49), 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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