Columbia Banking System (COLB) Projected to Post Quarterly Earnings on Thursday

Key Points

• Columbia Banking System is expected to report Q3 2026 results after the market closes on October 22, with analysts forecasting earnings of $0.768 per share and revenue of $687.5 million.
• In its previous quarter, the company earned $0.76 per share, beating estimates by $0.03, while revenue of $677 million came in below the $687.4 million consensus forecast.
• The stock recently traded at $28.03, below its 50- and 200-day moving averages, while the company maintains a 5.3% dividend yield. Analysts have a consensus “Hold” rating and an average price target of $33.23.

Columbia Banking System (NASDAQ:COLB - Get Free Report) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.7680 per share and revenue of $687.50 million for the quarter. Interested persons can check the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

Columbia Banking System (NASDAQ:COLB - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.76 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.03. Columbia Banking System had a net margin of 19.96% and a return on equity of 11.33%. The company had revenue of $677.00 million during the quarter, compared to the consensus estimate of $687.40 million. During the same quarter in the prior year, the firm earned $0.76 EPS. On average, analysts expect Columbia Banking System to post $3.04 EPS for the current fiscal year and $3.32 EPS for the next fiscal year.

Columbia Banking System Price Performance

COLB opened at $28.03 on Thursday. The company's 50 day simple moving average is $30.04 and its two-hundred day simple moving average is $30.17. Columbia Banking System has a 1-year low of $23.83 and a 1-year high of $33.67. The firm has a market capitalization of $7.93 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 1.69 and a beta of 0.66.

Columbia Banking System Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Friday, August 28th were given a $0.37 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.3%. Columbia Banking System's dividend payout ratio is 58.96%.

Wall Street Analysts Forecast Growth

COLB has been the subject of several recent research reports. JPMorgan Chase & Co. cut their price target on Columbia Banking System from $35.00 to $33.00 and set a "neutral" rating for the company in a report on Thursday, October 1st. Keefe, Bruyette & Woods lifted their price objective on Columbia Banking System from $34.00 to $35.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Barclays boosted their price objective on Columbia Banking System from $30.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Monday, October 5th. TD Cowen lowered their price objective on Columbia Banking System from $34.00 to $32.00 and set a "hold" rating on the stock in a research note on Monday, October 5th. Finally, Stephens upped their target price on Columbia Banking System from $35.00 to $36.00 and gave the company an "overweight" rating in a report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $33.23.

Columbia Banking System Company Profile

Columbia Banking System, Inc NASDAQ: COLB is a bank holding company headquartered in Tacoma, Washington. Through its subsidiary, Umpqua Bank, the company provides a range of banking and financial services to individuals, families, businesses and institutions.

Umpqua Bank's offerings include deposit accounts, consumer and commercial lending, real estate finance, treasury management, cash management, investment services and other business banking solutions. The bank serves small and middle-market companies as well as retail customers through branches, digital banking platforms and relationship-based financial services.

Columbia Banking System traces its history to the formation of Columbia Bank in Washington in 1993.

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