Columbia Banking System (COLB) Stock Forecast, Price & News

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

10 Wall Street research analysts have issued twelve-month price objectives for Columbia Banking System's shares. Their COLB share price forecasts range from $18.50 to $29.00. On average, they anticipate the company's stock price to reach $25.17 in the next year. This suggests a possible upside of 28.9% from the stock's current price.
View analysts price targets for COLB or view top-rated stocks among Wall Street analysts.

Columbia Banking System's stock was trading at $30.13 at the start of the year. Since then, COLB shares have decreased by 35.2% and is now trading at $19.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our COLB earnings forecast.

Columbia Banking System, Inc. (NASDAQ:COLB) released its earnings results on Wednesday, July, 19th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by $0.12. The financial services provider earned $524.85 million during the quarter, compared to analyst estimates of $584.70 million. Columbia Banking System had a net margin of 15.40% and a trailing twelve-month return on equity of 10.85%. The company's revenue for the quarter was up 72.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.79 earnings per share.

Columbia Banking System declared a quarterly dividend on Monday, August 14th. Investors of record on Friday, August 25th will be paid a dividend of $0.36 per share on Monday, September 11th. This represents a $1.44 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date is Thursday, August 24th.
Read our dividend analysis for COLB.

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).

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 7.38%. 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 63.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 45.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLB.

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.

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).

Columbia Banking System trades on the NASDAQ under the ticker symbol "COLB."

Columbia Banking System's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.86%), State Street Corp (4.55%), Dimensional Fund Advisors LP (3.64%), Franklin Resources Inc. (3.08%), Bank of New York Mellon Corp (1.69%) and Thrivent Financial for Lutherans (1.57%). 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.

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.
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One share of COLB stock can currently be purchased for approximately $19.52.

Columbia Banking System (NASDAQ:COLB) has a market capitalization of $4.07 billion and generates $745.63 million in revenue each year. The financial services provider earns $250.18 million in net income (profit) each year or $2.26 on an earnings per share basis.

The company employs 2,093 workers across the globe.

Columbia Banking System's mailing address is 1301 A STREET, TACOMA WA, 98402. The official website for the company is www.columbiabank.com. The financial services provider can be reached via phone at (253) 305-1900, via email at investorrelations@columbiabank.com, or via fax at 253-305-0317.