Should I buy or sell Columbia Banking System stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COLB shares. View COLB analyst ratings or view top-rated stocks .

What is Columbia Banking System's stock price target for 2024?

11 analysts have issued twelve-month price objectives for Columbia Banking System's stock. Their COLB share price targets range from $20.00 to $29.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View analysts price targets for COLB or view top-rated stocks among Wall Street analysts .

How have COLB shares performed in 2023?

Columbia Banking System's stock was trading at $30.13 at the beginning of 2023. Since then, COLB stock has decreased by 20.7% and is now trading at $23.89. View the best growth stocks for 2023 here .

When is Columbia Banking System's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our COLB earnings forecast .

How were Columbia Banking System's earnings last quarter?

Columbia Banking System, Inc. (NASDAQ:COLB) released its quarterly earnings data on Wednesday, October, 18th. The financial services provider reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. The financial services provider had revenue of $739.99 million for the quarter, compared to analysts' expectations of $522.90 million. Columbia Banking System had a net margin of 14.80% and a trailing twelve-month return on equity of 11.55%. During the same period last year, the business earned $0.86 EPS.

How often does Columbia Banking System pay dividends? What is the dividend yield for Columbia Banking System?

Columbia Banking System declared a quarterly dividend on Monday, November 13th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.36 per share on Monday, December 11th. This represents a $1.44 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date is Wednesday, November 22nd. Read our dividend analysis for COLB .

Is Columbia Banking System a good dividend stock?

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 6.03%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 46.01% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for COLB .

What ETFs hold Columbia Banking System's stock?

ETFs with the largest weight of Columbia Banking System (NASDAQ:COLB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) , Invesco KBW Regional Banking ETF (KBWR) , SPDR S&P Regional Banking ETF (KRE) , SPDR S&P Bank ETF (KBE) , JPMorgan Active Small Cap Value ETF (JPSV) and Direxion Daily Regional Banks Bull 3x Shares (DPST) . Invesco Raymond James SB-1 Equity ETF (RYJ) .

What is Clint E. Stein's approval rating as Columbia Banking System's CEO?

9 employees have rated Columbia Banking System Chief Executive Officer Clint E. Stein on Glassdoor.com . Clint E. Stein has an approval rating of 54% among the company's employees. This puts Clint E. Stein in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Columbia Banking System own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Banking System investors own include Heritage Financial (HFWA) , Chevron (CVX) , Marathon Petroleum (MPC) , Enbridge (ENB) , Farmers & Merchants Bancorp (FMAO) , Altria Group (MO) , Umpqua (UMPQ) , Wells Fargo & Company (WFC) , Weyerhaeuser (WY) and Exxon Mobil (XOM) .

Who are Columbia Banking System's major shareholders?

Columbia Banking System's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.47%), Massachusetts Financial Services Co. MA (3.39%), Wellington Management Group LLP (1.89%), American Century Companies Inc. (1.89%), Invesco Ltd. (1.72%) and Bank of New York Mellon Corp (1.68%). Insiders that own company stock include Aaron James Deer , Craig D Eerkes , David C Lawson , Kumi Yamamoto Baruffi and Tom Hulbert . View institutional ownership trends .

How do I buy shares of Columbia Banking System?

Shares of COLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Columbia Banking System Stock Price, News & Analysis (NASDAQ:COLB)

$23.89

+1.46 (+6.51%)

(As of 12/1/2023 ET)

Compare

Today's Range: $22.23
▼
$23.97
50-Day Range: $18.56
▼
$23.89
52-Week Range: $17.54
▼
$34.03

Volume: 2.41 million shs
Average Volume: 1.21 million shs
Market Capitalization: $4.98 billion

P/E Ratio: 11.49
Dividend Yield: 6.03%
Price Target: $24.00

Columbia Banking System MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 0.5% Upside
$24.00 Price Target
Short Interest: Healthy
2.18% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.67
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.74%
From $2.96 to $3.13 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Finance Sector

268th out of 850 stocks

State Commercial Banks Industry

56th out of 178 stocks

2.3

Analyst's Opinion

Consensus Rating
Columbia Banking System has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.00, Columbia Banking System has a forecasted upside of 0.5% from its current price of $23.89.
Amount of Analyst Coverage
Columbia Banking System has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.18% of the outstanding shares of Columbia Banking System have been sold short.
Short Interest Ratio / Days to Cover
Columbia Banking System has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Columbia Banking System has recently increased by 3.64%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Columbia Banking System is a leading dividend payer. It pays a dividend yield of 6.03%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Columbia Banking System has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Columbia Banking System is 69.23%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Columbia Banking System will have a dividend payout ratio of 46.01% next year. This indicates that Columbia Banking System will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for COLB.

2.6

News and Social Media Coverage

News Sentiment
Columbia Banking System has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Columbia Banking System this week, compared to 3 articles on an average week.
Search Interest
11 people have searched for COLB on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Columbia Banking System to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Columbia Banking System insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.62% of the stock of Columbia Banking System is held by insiders.
Percentage Held by Institutions
89.82% of the stock of Columbia Banking System is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Columbia Banking System are expected to grow by 5.74% in the coming year, from $2.96 to $3.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Columbia Banking System is 11.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Columbia Banking System is 11.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.90.
Price to Book Value per Share Ratio
Columbia Banking System has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Columbia Banking System Stock (NASDAQ:COLB)

Columbia Banking System, Inc. operates as the holding company of Umpqua Bank that provides commercial and retail banking services. The company offers deposit products, including interest-bearing checking, savings, money market, and certificate of deposit accounts. It also provides home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; and agricultural loans, asset-based loans, builder and other commercial real estate loans, and loans guaranteed by the SBA, as well as offer a suite of business edge loans designed for small businesses to expand, purchase equipment, or in need of working capital. In addition, the company offers debit and credit cards, foreign currency, treasury management, merchant card services, international banking, private banking, trust and investment, and other financial services. It operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington states. The company serves high net worth individuals and families, select non-profits, and professional services firms. The company was founded in 1953 and is headquartered in Tacoma, Washington.

COLB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

COLB Stock News Headlines

December 3, 2023 | americanbankingnews.com

Columbia Banking System (NASDAQ:COLB) Now Covered by Citigroup

December 2, 2023 | americanbankingnews.com

Columbia Banking System, Inc. (NASDAQ:COLB) Receives Average Rating of "Moderate Buy" from Analysts

December 3, 2023 | DTI Trader (Ad)

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December 1, 2023 | msn.com

Citigroup Initiates Coverage of Columbia Banking System (COLB) with Neutral Recommendation

November 27, 2023 | markets.businessinsider.com

Umpqua Bank Launches Warm Hearts Winter Drive, Mobilizes Thousands of Associates across the West to Support Neighbors in Need

October 31, 2023 | finance.yahoo.com

Umpqua Bank Hires Corey Dahline and Greg Newhall to Lead and Expand North Coast Wine Specialty Group

October 21, 2023 | seekingalpha.com

Columbia Bank Getting Far Less Credit Than It Should

October 19, 2023 | finance.yahoo.com

Columbia Banking System, Inc. (NASDAQ:COLB) Q3 2023 Earnings Call Transcript

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October 18, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Columbia Banking (COLB) Q3 Earnings

October 17, 2023 | finance.yahoo.com

Why Columbia Banking (COLB) Might Surprise This Earnings Season

October 4, 2023 | markets.businessinsider.com

Wells Fargo Sticks to Its Buy Rating for Columbia Banking System (COLB)

September 30, 2023 | forbes.com

FDI - September 30 Weekly Review

September 29, 2023 | finance.yahoo.com

Columbia Banking System Announces Date of Third Quarter 2023 Earnings Release and Conference Call

September 22, 2023 | bizjournals.com

Umpqua names US Bank veteran Nicole Bascomb-Green head of community lending

September 19, 2023 | finance.yahoo.com

Umpqua Bank 2023 Business Barometer: Optimism, Expectations for Revenue and Profitability Rise Despite Lingering Economic Concerns

August 28, 2023 | msn.com

Columbia Banking System: On The Fence About This One

August 19, 2023 | finance.yahoo.com

Columbia Banking System, Inc. (NASDAQ:COLB) Is About To Go Ex-Dividend, And It Pays A 7.3% Yield

August 3, 2023 | msn.com

Columbia Banking System (COLB) Price Target Decreased by 5.71% to 25.82

July 26, 2023 | markets.businessinsider.com

Truist Financial Sticks to Its Hold Rating for Columbia Banking System (COLB)

July 22, 2023 | finance.yahoo.com

Columbia Banking System, Inc. (NASDAQ:COLB) Q2 2023 Earnings Call Transcript

July 21, 2023 | msn.com

Raymond James Maintains Columbia Banking System (COLB) Strong Buy Recommendation

July 21, 2023 | msn.com

Wedbush Reiterates Columbia Banking System (COLB) Neutral Recommendation

July 21, 2023 | theglobeandmail.com

COLUMBIA BANKING SYSTEM, INC. REPORTS SECOND QUARTER 2023 RESULTS

July 21, 2023 | markets.businessinsider.com

RBC Capital Sticks to Their Hold Rating for Columbia Banking System (COLB)

July 20, 2023 | markets.businessinsider.com

Columbia Banking's Q2 Earnings Disappoint: Analysts Slash Price Targets

July 20, 2023 | markets.businessinsider.com

Wedbush Keeps Their Hold Rating on Columbia Banking System (COLB)

See More Headlines

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Company Calendar

Ex-Dividend for 9/11 Dividend: 8/24/2023
Dividend Payable: 9/11/2023
Last Earnings: 10/18/2023
Ex-Dividend for 12/11 Dividend: 11/22/2023
Today: 12/03/2023
Dividend Payable: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/23/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:COLB
CUSIP: 19723610
CIK: 887343
Web: www.columbiabank.com
Phone: (253) 305-1900
Fax: 253-305-0317
Employees: 2,093
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $24.00
High Stock Price Target: $29.00
Low Stock Price Target: $20.00
Potential Upside/Downside: +0.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.55
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.08
Trailing P/E Ratio: 11.49
Forward P/E Ratio: 8.07
P/E Growth: N/A
Net Income: $250.18 million
Net Margins: 14.80%
Pretax Margin: 14.78%
Return on Equity: 11.55%
Return on Assets: 1.06%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.85
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $745.63 million
Price / Sales: 6.68
Cash Flow: $3.99 per share
Price / Cash Flow: 5.98
Book Value: $22.21 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 208,580,000
Free Float: 207,283,000
Market Cap: $4.98 billion
Optionable: Optionable
Beta: 0.71

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Key Executives

Mr. Cort Lane O'Haver (Age 60)
Executive Chairman
Comp: $2.31M
Mr. Ronald L. Farnsworth Jr. (Age 52)
CPA, Executive VP & CFO
Comp: $1.01M
Mr. David F. Shotwell (Age 64)
Executive VP & Chief Risk Officer
Comp: $708.45k
Mr. Torran B. Nixon (Age 61)
Senior Executive Vice President
Comp: $1.45M
Mr. Clint E. Stein (Age 51)
President, CEO & Director
Ms. Lisa White (Age 40)
Principal Accounting Officer & Corporate Controller
Mr. Drew K. Anderson CPA (Age 37)
Chief Administrative Officer
Ms. Jacquelynne Bohlen C.F.A.
Head of Investor Relations
Ms. Kumi Yamamoto Baruffi (Age 52)
Executive VP, General Counsel & Corporate Secretary
Mr. David Moore Devine (Age 44)
Executive VP & Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COLB Stock Analysis - Frequently Asked Questions

Should I buy or sell Columbia Banking System stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" COLB shares.
View COLB analyst ratings or view top-rated stocks.
What is Columbia Banking System's stock price target for 2024?: 11 analysts have issued twelve-month price objectives for Columbia Banking System's stock. Their COLB share price targets range from $20.00 to $29.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
View analysts price targets for COLB or view top-rated stocks among Wall Street analysts.
How have COLB shares performed in 2023?: Columbia Banking System's stock was trading at $30.13 at the beginning of 2023. Since then, COLB stock has decreased by 20.7% and is now trading at $23.89.
View the best growth stocks for 2023 here.
When is Columbia Banking System's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our COLB earnings forecast.
How were Columbia Banking System's earnings last quarter?: Columbia Banking System, Inc. (NASDAQ:COLB) released its quarterly earnings data on Wednesday, October, 18th. The financial services provider reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. The financial services provider had revenue of $739.99 million for the quarter, compared to analysts' expectations of $522.90 million. Columbia Banking System had a net margin of 14.80% and a trailing twelve-month return on equity of 11.55%. During the same period last year, the business earned $0.86 EPS.
How often does Columbia Banking System pay dividends? What is the dividend yield for Columbia Banking System?: Columbia Banking System declared a quarterly dividend on Monday, November 13th. Shareholders of record on Friday, November 24th will be paid a dividend of $0.36 per share on Monday, December 11th. This represents a $1.44 dividend on an annualized basis and a yield of 6.03%. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for COLB.

Is Columbia Banking System a good dividend stock?: Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 6.03%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 46.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLB.
What ETFs hold Columbia Banking System's stock?: ETFs with the largest weight of Columbia Banking System (NASDAQ:COLB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), JPMorgan Active Small Cap Value ETF (JPSV) and Direxion Daily Regional Banks Bull 3x Shares (DPST).Invesco Raymond James SB-1 Equity ETF (RYJ).
What is Clint E. Stein's approval rating as Columbia Banking System's CEO?: 9 employees have rated Columbia Banking System Chief Executive Officer Clint E. Stein on Glassdoor.com. Clint E. Stein has an approval rating of 54% among the company's employees. This puts Clint E. Stein in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Columbia Banking System own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Banking System investors own include Heritage Financial (HFWA), Chevron (CVX), Marathon Petroleum (MPC), Enbridge (ENB), Farmers & Merchants Bancorp (FMAO), Altria Group (MO), Umpqua (UMPQ), Wells Fargo & Company (WFC), Weyerhaeuser (WY) and Exxon Mobil (XOM).
Who are Columbia Banking System's major shareholders?: Columbia Banking System's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.47%), Massachusetts Financial Services Co. MA (3.39%), Wellington Management Group LLP (1.89%), American Century Companies Inc. (1.89%), Invesco Ltd. (1.72%) and Bank of New York Mellon Corp (1.68%). Insiders that own company stock include Aaron James Deer, Craig D Eerkes, David C Lawson, Kumi Yamamoto Baruffi and Tom Hulbert.
View institutional ownership trends.
How do I buy shares of Columbia Banking System?: Shares of COLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:COLB) was last updated on 12/3/2023 by MarketBeat.com Staff

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