NASDAQ:COLB - Columbia Banking System Stock Price, Forecast & News

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

Columbia Banking System declared a quarterly dividend on Friday, January 24th. Stockholders of record on Wednesday, February 5th will be paid a dividend of $0.28 per share on Wednesday, February 19th. This represents a $1.12 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Tuesday, February 4th. View Columbia Banking System's Dividend History.

Columbia Banking System Inc (NASDAQ:COLB) issued its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.63 by $0.01. The financial services provider had revenue of $146.62 million for the quarter, compared to analysts' expectations of $146 million. Columbia Banking System had a net margin of 31.02% and a return on equity of 9.21%. During the same period in the previous year, the company posted $0.62 earnings per share. View Columbia Banking System's Earnings History.

Columbia Banking System is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Columbia Banking System.

3 brokers have issued 12-month price targets for Columbia Banking System's stock. Their forecasts range from $38.00 to $40.00. On average, they anticipate Columbia Banking System's share price to reach $38.67 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Columbia Banking System.

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

Media coverage about COLB stock has been trending very positive on Saturday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Columbia Banking System earned a coverage optimism score of 3.5 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Columbia Banking System.

Columbia Banking System saw a decline in short interest in December. As of December 31st, there was short interest totalling 2,740,000 shares, a decline of 6.2% from the December 15th total of 2,920,000 shares. Based on an average daily trading volume, of 259,800 shares, the short-interest ratio is presently 10.5 days. Currently, 3.8% of the company's stock are sold short. View Columbia Banking System's Current Options Chain.

Some companies that are related to Columbia Banking System include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Huntington Bancshares (HBAN), Regions Financial (RF), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), TCF Financial (TCF) and East West Bancorp (EWBC).

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

Columbia Banking System's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (0.49%), Smith Graham & Co. Investment Advisors LP (0.33%), Dalton Greiner Hartman Maher & Co. (0.29%), Wedge Capital Management L L P NC (0.24%), State of Alaska Department of Revenue (0.08%) and First National Bank of Omaha (0.05%). Company insiders that own Columbia Banking System stock include Andy Mcdonald, Clint Stein, David C Lawson and Kumi Yamamoto Baruffi. View Institutional Ownership Trends for Columbia Banking System.

COLB stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, Wedge Capital Management L L P NC, Smith Graham & Co. Investment Advisors LP, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and CWM Advisors LLC. Company insiders that have sold Columbia Banking System company stock in the last year include Andy Mcdonald, Clint Stein and David C Lawson. View Insider Buying and Selling for Columbia Banking System.

COLB stock was bought by a variety of institutional investors in the last quarter, including Kiley Juergens Wealth Management LLC, First National Bank of Omaha and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought Columbia Banking System stock in the last two years include Clint Stein, David C Lawson and Kumi Yamamoto Baruffi. View Insider Buying and Selling 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 $40.10.

Columbia Banking System has a market capitalization of $2.89 billion and generates $585.33 million in revenue each year. The financial services provider earns $172.88 million in net income (profit) each year or $2.47 on an earnings per share basis. Columbia Banking System employs 2,137 workers across the globe.View Additional Information About Columbia Banking System.

The official website for Columbia Banking System is http://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 investorre[email protected]