Columbia Banking System Stock Forecast, Price & News

Columbia Banking System's stock was trading at $27.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, COLB stock has decreased by 13.8% and is now trading at $24.04.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 3 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, October 22nd 2020.
View our earnings forecast for Columbia Banking System.

Columbia Banking System Inc (NASDAQ:COLB) issued its quarterly earnings data on Thursday, July, 23rd. The financial services provider reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.27. The financial services provider earned $159.11 million during the quarter, compared to the consensus estimate of $143.60 million. Columbia Banking System had a net margin of 23.46% and a return on equity of 6.72%. During the same quarter last year, the firm earned $0.71 EPS.
View Columbia Banking System's earnings history.

Columbia Banking System announced a quarterly dividend on Friday, July 24th. Stockholders of record on Wednesday, August 5th will be paid a dividend of $0.28 per share on Wednesday, August 19th. This represents a $1.12 annualized dividend and a dividend yield of 4.66%. The ex-dividend date of this dividend is Tuesday, August 4th.
View Columbia Banking System's dividend history.

4 Wall Street analysts have issued 12-month target prices for Columbia Banking System's shares. Their forecasts range from $30.00 to $38.00. On average, they expect Columbia Banking System's share price to reach $34.33 in the next twelve months. This suggests a possible upside of 42.8% from the stock's current price.
View analysts' price targets for Columbia Banking System.

Columbia Banking System saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,030,000 shares, a decrease of 12.1% from the August 15th total of 2,310,000 shares. Based on an average trading volume of 391,500 shares, the days-to-cover ratio is presently 5.2 days. Currently, 2.9% of the shares of the company are sold short.
View Columbia Banking System's Short Interest.

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), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC), Signature Bank (SBNY) and Cullen/Frost Bankers (CFR).
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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 & 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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.88%), Goldman Sachs Group Inc. (3.80%), Neuberger Berman Group LLC (3.65%), Victory Capital Management Inc. (2.82%), Bank of New York Mellon Corp (2.46%) and Charles Schwab Investment Management Inc. (0.83%). Company insiders that own Columbia Banking System stock include Andy Mcdonald, Clint Stein, Craig D Eerkes, David C Lawson, Kumi Yamamoto Baruffi and Tom Hulbert.
View institutional ownership trends for Columbia Banking System.

COLB stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Wedge Capital Management L L P NC, Advisor Group Holdings Inc., AQR Capital Management LLC, Prudential Financial Inc., and SG Americas Securities LLC. Company insiders that have sold Columbia Banking System company stock in the last year include Andy Mcdonald, and David C Lawson.
View insider buying and selling activity for Columbia Banking System.

COLB stock was purchased by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, Man Group plc, Bank of New York Mellon Corp, Granite Investment Partners LLC, Victory Capital Management Inc., Baird Financial Group Inc., Chartwell Investment Partners LLC, and Raymond James & Associates. Company insiders that have bought Columbia Banking System stock in the last two years include Clint Stein, Craig D Eerkes, David C Lawson, Kumi Yamamoto Baruffi, and Tom Hulbert.
View insider buying and selling activity for Columbia Banking System.

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 $24.04.

Columbia Banking System has a market capitalization of $1.72 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]