NASDAQ:COLB

Columbia Banking System - COLB Stock Forecast, Price & News

$31.40

-0.30 (-0.95%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $31.11
▼
$31.91
50-Day Range: $28.89
▼
$34.89
52-Week Range: $26.97
▼
$37.65

Volume: 770,939 shs
Average Volume: 860,670 shs
Market Capitalization: $2.47 billion

P/E Ratio: 10.94
Dividend Yield: 3.79%
Price Target: $33.33

Columbia Banking System MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 6.2% Upside
$33.33 Price Target
Short Interest: Bearish
14.06% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 33.09%
From $2.78 to $3.70 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Finance Sector

724th out of 872 stocks

State Commercial Banks Industry

160th out of 183 stocks

1.2

Analyst's Opinion

Consensus Rating
Columbia Banking System has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $33.33, Columbia Banking System has a forecasted upside of 6.2% from its current price of $31.40.
Amount of Analyst Coverage
Columbia Banking System has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
14.06% of the outstanding shares of Columbia Banking System have been sold short.
Short Interest Ratio / Days to Cover
Columbia Banking System has a short interest ratio ("days to cover") of 12, which indicates bearish sentiment.
Change versus previous month
Short interest in Columbia Banking System has recently decreased by 4.08%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
Columbia Banking System is a leading dividend payer. It pays a dividend yield of 3.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Columbia Banking System does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Columbia Banking System is 41.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Columbia Banking System will have a dividend payout ratio of 32.43% next year. This indicates that Columbia Banking System will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for COLB.

0.0

News and Social Media Coverage

Search Interest
Only 3 people have searched for COLB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Columbia Banking System to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Columbia Banking System insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.62% of the stock of Columbia Banking System is held by insiders.
Percentage Held by Institutions
94.45% of the stock of Columbia Banking System is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Columbia Banking System are expected to grow by 33.09% in the coming year, from $2.78 to $3.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Columbia Banking System is 10.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Columbia Banking System is 10.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 173.01.
Price to Book Value per Share Ratio
Columbia Banking System has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Columbia Banking System (NASDAQ:COLB) Stock

Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder, and other commercial real estate loans, as well as loans guaranteed by the small business administration; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; long-term care, and life and disability insurance solutions; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and Roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement, and investment agency and charitable management. It operates a network of 153 branch locations, including 68 in the state of Washington, 59 in Oregon, 15 in Idaho, and 11 in California. The company was founded in 1993 and is headquartered in Tacoma, Washington.

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COLB Stock News Headlines

November 2, 2022 | finance.yahoo.com

COLUMBIA BANK EXPANDS BUSINESS LENDING DIVISION INTO ARIZONA WITH KEY LEADERSHIP HIRE

October 26, 2022 | bizjournals.com

Fed OKs Columbia Banking System's acquisition of Umpqua Holdings Corp.

October 20, 2022 | msn.com

Columbia Banking System: Q3 Earnings Insights

October 20, 2022 | msn.com

Recap: Columbia Banking System Q3 Earnings

October 20, 2022 | finance.yahoo.com

Columbia Banking (COLB) Tops Q3 Earnings and Revenue Estimates

October 20, 2022 | finance.yahoo.com

Columbia Banking System Announces Third Quarter 2022 Results

October 19, 2022 | msn.com

A Preview Of Columbia Banking System's Earnings

September 17, 2022 | money.usnews.com

Columbia Banking System, Inc.

July 29, 2022 | nasdaq.com

Ex-Dividend Reminder: Heritage Financial, Columbia Banking System and Marketaxess Holdings

July 28, 2022 | msn.com

Columbia Banking System's Ex-Dividend Date Is Tuesday, Here's What You Need To Know

July 23, 2022 | seekingalpha.com

Columbia Banking System, Inc. (COLB) CEO Clint Stein on Q2 2022 Results - Earnings Call Transcript

July 21, 2022 | finance.yahoo.com

Columbia Banking (COLB) Beats Q2 Earnings Estimates

July 21, 2022 | finance.yahoo.com

Columbia Banking System Announces Second Quarter 2022 Results and Quarterly Cash Dividend

July 20, 2022 | msn.com

Columbia Banking System's Earnings: A Preview

July 7, 2022 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About Columbia Banking System

July 5, 2022 | finance.yahoo.com

COLUMBIA BANK EXPANDS BUSINESS LENDING DIVISION INTO UTAH WITH KEY LEADERSHIP HIRES

June 28, 2022 | benzinga.com

Short Volatility Alert: Columbia Banking System, Inc.

May 5, 2022 | uk.finance.yahoo.com

Why Columbia Banking System Inc passes this dividend checklist

May 4, 2022 | finance.yahoo.com

COLUMBIA BANK AWARDS $100,000 IN GRANTS TO FOUR AFFORDABLE HOUSING ADVOCATES

April 28, 2022 | benzinga.com

Columbia Banking System: Dividend Insights

April 22, 2022 | markets.businessinsider.com

RBC Capital Maintains Sector Perform Rating for Columbia Banking System: Here's What You Need To Know

April 21, 2022 | in.investing.com

Columbia Banking System Tops Q1 EPS by 6c

April 21, 2022 | seekingalpha.com

Columbia Banking System, Inc.'s (COLB) CEO Clint Stein on Q1 2022 Results - Earnings Call Transcript

April 21, 2022 | finance.yahoo.com

Columbia Banking System Announces First Quarter 2022 Results and Quarterly Cash Dividend

April 21, 2022 | finance.yahoo.com

Columbia Banking (COLB) Tops Q1 Earnings and Revenue Estimates

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COLB Company Calendar

Ex-Dividend for 10/28 Dividend: 10/14/2022
Last Earnings: 10/20/2022
Dividend Payable: 10/28/2022
Today: 12/06/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/18/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:COLB
CUSIP: 19723610
CIK: 887343
Web: www.columbiabank.com
Phone: (253) 305-1900
Fax: 253-305-0317
Employees: 2,260
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $33.33
High Stock Price Forecast: $35.00
Low Stock Price Forecast: $31.00
Forecasted Upside/Downside: +6.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.87
Trailing P/E Ratio: 10.94
Forward P/E Ratio: 11.29
P/E Growth: N/A
Net Income: $202.82 million
Net Margins: 31.38%
Pretax Margin: 40.11%
Return on Equity: 10.51%
Return on Assets: 1.18%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 0.66
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $630.16 million
Price / Sales: 3.92
Cash Flow: $2.80 per share
Price / Cash Flow: 11.22
Book Value: $32.97 per share
Price / Book: 0.95

Miscellaneous

Outstanding Shares: 78,646,000
Free Float: 78,158,000
Market Cap: $2.47 billion
Optionable: Optionable
Beta: 0.67

Social Links

Key Executives

Mr. Clint E. Stein (Age 50)
Pres, CEO & Director
Comp: $2.03M

Mr. Aaron James Deer (Age 53)
Exec. VP & CFO
Comp: $737.59k

Mr. Christopher M. Merrywell (Age 56)
COO & Exec. VP
Comp: $936.16k

Mr. Eric J. Eid (Age 65)
Exec. VP and Chief Digital & Technology Officer
Comp: $659.72k

Mr. Andrew L. McDonald (Age 62)
Exec. VP & Chief Credit Officer
Comp: $714.55k

Mr. Brock M. Lakely
Sr. VP & Chief Accounting Officer

Jason Hester
Sr. VP and Chief Innovation & Information Officer

Amy L. N. Betts
Head of Investor Relations

Ms. Kumi Yamamoto Baruffi (Age 51)
Exec. VP, Gen. Counsel & Corp. Sec.

Mr. David Moore Devine (Age 44)
Exec. VP and Chief Marketing & Experience Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

COLB Stock - Frequently Asked Questions

Should I buy or sell Columbia Banking System stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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.
What is Columbia Banking System's stock price forecast for 2023?: 3 Wall Street research analysts have issued 1 year target prices for Columbia Banking System's shares. Their COLB share price forecasts range from $31.00 to $35.00. On average, they predict the company's stock price to reach $33.33 in the next twelve months. This suggests a possible upside of 6.2% 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 2022?: Columbia Banking System's stock was trading at $32.72 at the start of the year. Since then, COLB shares have decreased by 4.0% and is now trading at $31.40.
View the best growth stocks for 2022 here.
When is Columbia Banking System's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 18th 2023.
View our COLB earnings forecast.
How were Columbia Banking System's earnings last quarter?: Columbia Banking System, Inc. (NASDAQ:COLB) posted its quarterly earnings results on Thursday, October, 20th. The financial services provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.80 by $0.06. The financial services provider had revenue of $189.12 million for the quarter, compared to the consensus estimate of $179.55 million. Columbia Banking System had a net margin of 31.38% and a trailing twelve-month return on equity of 10.51%.
How often does Columbia Banking System pay dividends? What is the dividend yield for Columbia Banking System?: Columbia Banking System announced a quarterly dividend on Wednesday, October 5th. Shareholders of record on Monday, October 17th will be given a dividend of $0.30 per share on Friday, October 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Friday, October 14th.
Read our dividend analysis for COLB.
Is Columbia Banking System a good dividend stock?: Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.79%. The dividend payout ratio is 41.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 32.43% 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).
What is Columbia Banking System's stock symbol?: Columbia Banking System trades on the NASDAQ under the ticker symbol "COLB."
Who are Columbia Banking System's major shareholders?: Columbia Banking System's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.67%), Vanguard Group Inc. (11.86%), Dimensional Fund Advisors LP (6.26%), State Street Corp (6.02%), Epoch Investment Partners Inc. (3.49%) and Cardinal Capital Management LLC CT (3.33%). 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.
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.
What is Columbia Banking System's stock price today?: One share of COLB stock can currently be purchased for approximately $31.40.
How much money does Columbia Banking System make?: Columbia Banking System (NASDAQ:COLB) has a market capitalization of $2.47 billion and generates $630.16 million in revenue each year. The financial services provider earns $202.82 million in net income (profit) each year or $2.87 on an earnings per share basis.
How many employees does Columbia Banking System have?: The company employs 2,260 workers across the globe.
How can I contact Columbia Banking System?: 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.

This page (NASDAQ:COLB) was last updated on 12/7/2022 by MarketBeat.com Staff

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