Research Analysts Offer Predictions for COLB Q2 Earnings

Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) - Equities research analysts at DA Davidson decreased their Q2 2025 earnings per share (EPS) estimates for Columbia Banking System in a note issued to investors on Wednesday, June 11th. DA Davidson analyst J. Rulis now anticipates that the financial services provider will post earnings per share of $0.64 for the quarter, down from their previous forecast of $0.65. DA Davidson has a "Neutral" rating and a $26.00 price target on the stock. The consensus estimate for Columbia Banking System's current full-year earnings is $2.71 per share.

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

COLB has been the topic of several other reports. Raymond James set a $27.00 target price on Columbia Banking System and gave the company an "outperform" rating in a research report on Thursday, April 24th. Piper Sandler reduced their price objective on Columbia Banking System from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Jefferies Financial Group started coverage on Columbia Banking System in a report on Wednesday, May 21st. They set a "hold" rating and a $27.00 target price for the company. Barclays increased their price objective on Columbia Banking System from $27.00 to $32.00 and gave the company an "equal weight" rating in a report on Friday, April 25th. Finally, Keefe, Bruyette & Woods decreased their price objective on Columbia Banking System from $33.00 to $30.00 and set a "market perform" rating for the company in a report on Thursday, April 24th. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $29.71.

Columbia Banking System Stock Performance

Shares of Columbia Banking System stock traded down $0.28 during midday trading on Thursday, hitting $23.38. The company had a trading volume of 2,092,296 shares, compared to its average volume of 1,773,553. The stock has a market capitalization of $4.91 billion, a P/E ratio of 9.20 and a beta of 0.63. The company has a 50 day moving average of $23.18 and a 200 day moving average of $25.85. Columbia Banking System has a 52-week low of $18.22 and a 52-week high of $32.85.

Columbia Banking System Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be paid a dividend of $0.36 per share. The ex-dividend date is Friday, May 30th. This represents a $1.44 dividend on an annualized basis and a yield of 6.16%. Columbia Banking System's payout ratio is 61.02%.

Institutional Investors Weigh In On Columbia Banking System

A number of large investors have recently bought and sold shares of the company. William Blair Investment Management LLC increased its stake in shares of Columbia Banking System by 2.5% in the 4th quarter. William Blair Investment Management LLC now owns 1,774,443 shares of the financial services provider's stock valued at $47,928,000 after acquiring an additional 42,527 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Columbia Banking System by 158.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,851,217 shares of the financial services provider's stock valued at $50,001,000 after purchasing an additional 1,134,544 shares during the last quarter. LPL Financial LLC lifted its holdings in Columbia Banking System by 29.0% during the fourth quarter. LPL Financial LLC now owns 96,670 shares of the financial services provider's stock valued at $2,611,000 after purchasing an additional 21,713 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Columbia Banking System by 62.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,038 shares of the financial services provider's stock worth $55,000 after buying an additional 780 shares in the last quarter. Finally, FJ Capital Management LLC increased its position in shares of Columbia Banking System by 112.9% in the fourth quarter. FJ Capital Management LLC now owns 764,187 shares of the financial services provider's stock worth $20,641,000 after purchasing an additional 405,309 shares during the last quarter. 92.53% of the stock is currently owned by institutional investors and hedge funds.

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.