Columbia Banking System - COLB Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" COLB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COLB, but not buy additional shares or sell existing shares.
View COLB analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 12-month price targets for Columbia Banking System's shares. Their COLB share price forecasts range from $23.00 to $37.00. On average, they expect the company's share price to reach $31.14 in the next year. This suggests a possible upside of 51.8% 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 beginning of 2023. Since then, COLB stock has decreased by 31.9% and is now trading at $20.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our COLB earnings forecast.

Columbia Banking System, Inc. (NASDAQ:COLB) announced its quarterly earnings data on Tuesday, January, 24th. The financial services provider reported $0.93 EPS for the quarter, beating the consensus estimate of $0.92 by $0.01. The financial services provider had revenue of $203.47 million for the quarter, compared to analysts' expectations of $197.70 million. Columbia Banking System had a net margin of 33.55% and a trailing twelve-month return on equity of 11.87%. During the same period last year, the company posted $0.55 EPS.

Columbia Banking System announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Monday, February 6th will be paid a dividend of $0.30 per share on Tuesday, February 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date is Friday, February 3rd.
Read our dividend analysis for COLB.

ETFs with the largest weight of Columbia Banking System (NASDAQ:COLB) stock in their portfolio include iShares Focused Value Factor ETF (FOVL), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Invesco KBW Regional Banking ETF (KBWR), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Direxion Daily Regional Banks Bull 3x Shares (DPST), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and WBI Power Factor High Dividend ETF (WBIY).

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.20 per share and currently has a dividend yield of 5.94%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 30.77% 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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.44%), Franklin Resources Inc. (5.98%), T. Rowe Price Investment Management Inc. (4.95%), Epoch Investment Partners Inc. (3.41%), Thrivent Financial for Lutherans (3.22%) and Cardinal Capital Management LLC CT (3.21%). Insiders that own company stock include Aaron James Deer, Andy Mcdonald, Clint Stein, 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 $20.52.

Columbia Banking System (NASDAQ:COLB) has a market capitalization of $1.61 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 $3.20 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.