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Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

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
0.67mentions of Columbia Banking System in the last 14 days
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


COLB stock logo

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

COLB Stock News Headlines

Columbia Banking System (NASDAQ:COLB) Now Covered by Citigroup
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Columbia Bank Getting Far Less Credit Than It Should
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FDI - September 30 Weekly Review
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

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:COLB
CUSIP
19723610
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

Net Income
$250.18 million
Pretax Margin
14.78%

Debt

Sales & Book Value

Annual Sales
$745.63 million
Cash Flow
$3.99 per share
Book Value
$22.21 per share

Miscellaneous

Free Float
207,283,000
Market Cap
$4.98 billion
Optionable
Optionable
Beta
0.71

Social Links

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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 BaruffiMs. Kumi Yamamoto Baruffi (Age 52)
    Executive VP, General Counsel & Corporate Secretary
  • Mr. David Moore Devine (Age 44)
    Executive VP & Chief Marketing Officer














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 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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