Equities Analysts Offer Predictions for COLB Q2 Earnings

Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of Columbia Banking System in a research report issued on Friday, April 25th. DA Davidson analyst J. Rulis anticipates that the financial services provider will earn $0.65 per share for the quarter. DA Davidson has a "Neutral" rating and a $25.00 price objective on the stock. The consensus estimate for Columbia Banking System's current full-year earnings is $2.71 per share. DA Davidson also issued estimates for Columbia Banking System's FY2025 earnings at $2.60 EPS and FY2026 earnings at $3.10 EPS.

Columbia Banking System (NASDAQ:COLB - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The financial services provider reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.04. The company had revenue of $481.92 million for the quarter, compared to analysts' expectations of $482.86 million. Columbia Banking System had a net margin of 17.99% and a return on equity of 11.21%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share.

COLB has been the topic of a number of other research reports. JPMorgan Chase & Co. lowered their target price on Columbia Banking System from $32.00 to $30.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Barclays increased their price objective on shares of Columbia Banking System from $27.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Friday, April 25th. Royal Bank of Canada cut their target price on shares of Columbia Banking System from $32.00 to $27.00 and set a "sector perform" rating for the company in a research report on Thursday, April 24th. Wells Fargo & Company increased their price target on shares of Columbia Banking System from $26.00 to $29.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Columbia Banking System from $33.00 to $30.00 and set a "market perform" rating on the stock in a research note on Thursday, April 24th. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Columbia Banking System currently has a consensus rating of "Hold" and a consensus price target of $29.85.

Columbia Banking System Stock Performance

Shares of COLB stock traded up $0.55 on Monday, reaching $23.54. The stock had a trading volume of 211,234 shares, compared to its average volume of 1,764,749. Columbia Banking System has a 1 year low of $18.11 and a 1 year high of $32.85. The stock has a market cap of $4.95 billion, a P/E ratio of 9.24 and a beta of 0.53. The company has a 50 day simple moving average of $23.72 and a 200 day simple moving average of $26.90.

Columbia Banking System Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a $0.36 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.44 annualized dividend and a dividend yield of 6.12%. Columbia Banking System's payout ratio is 61.02%.

Insider Buying and Selling

In related news, VP Torran B. Nixon sold 4,481 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $25.99, for a total value of $116,461.19. Following the transaction, the vice president now directly owns 104,869 shares of the company's stock, valued at approximately $2,725,545.31. The trade was a 4.10 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Columbia Banking System

Several institutional investors and hedge funds have recently modified their holdings of COLB. Aster Capital Management DIFC Ltd purchased a new position in Columbia Banking System during the fourth quarter valued at $29,000. SBI Securities Co. Ltd. bought a new position in shares of Columbia Banking System during the 4th quarter valued at about $32,000. UMB Bank n.a. grew its position in shares of Columbia Banking System by 141.3% during the first quarter. UMB Bank n.a. now owns 1,636 shares of the financial services provider's stock valued at $41,000 after purchasing an additional 958 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in shares of Columbia Banking System in the fourth quarter worth about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of Columbia Banking System in the fourth quarter worth about $42,000. Institutional investors own 92.53% of the company's stock.

About Columbia Banking System

Columbia Banking System, Inc operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions.