NASDAQ:COLBColumbia Banking System Stock Price, Forecast & News

Columbia Banking System's stock was trading at $27.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, COLB shares have decreased by 4.0% and is now trading at $26.78. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Columbia Banking System.

Columbia Banking System is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Columbia Banking System.

Columbia Banking System Inc (NASDAQ:COLB) issued its quarterly earnings data on Thursday, April, 30th. The financial services provider reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by $0.24. The financial services provider had revenue of $143.63 million for the quarter, compared to analyst estimates of $143.80 million. Columbia Banking System had a net margin of 25.96% and a return on equity of 7.53%. During the same period in the previous year, the firm earned $0.63 earnings per share. View Columbia Banking System's earnings history.

Columbia Banking System announced a quarterly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of $0.28 per share on Thursday, May 28th. This represents a $1.12 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend is Wednesday, May 13th. View Columbia Banking System's dividend history.

3 brokers have issued 12-month price targets for Columbia Banking System's shares. Their forecasts range from $30.00 to $38.00. On average, they expect Columbia Banking System's stock price to reach $34.33 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View analysts' price targets for Columbia Banking System.

Media stories about COLB stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Columbia Banking System earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Columbia Banking System.

Some companies that are related to Columbia Banking System include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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, Inc. (OH) (FMAO), Altria Group (MO), Umpqua (UMPQ), Wells Fargo & Co (WFC), Weyerhaeuser (WY) and Exxon Mobil (XOM).

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

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

One share of COLB stock can currently be purchased for approximately $26.78.

Columbia Banking System has a market capitalization of $1.92 billion and generates $627.13 million in revenue each year. The financial services provider earns $194.45 million in net income (profit) each year or $2.68 on an earnings per share basis. Columbia Banking System employs 2,162 workers across the globe.

The official website for Columbia Banking System is www.columbiabank.com.

Columbia Banking System's mailing address is 1301 A STREET, TACOMA WA, 98402. The financial services provider can be reached via phone at 253-305-1900 or via email at [email protected]