Columbia Banking System (COLB) News Today

Columbia Banking System (NASDAQ:COLB - Get Free Report) released its earnings results on Thursday. The financial services provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.57 by $0.10. Columbia Banking System had a net margin of 16.52% and a return on equity of 11.58%. The company had revenue of $472.15 million during the quarter, compared to analysts' expectations of $476.01 million. During the same quarter last year, the business earned $0.81 EPS. The business's revenue was down 9.8% on a year-over-year basis.

Stephens boosted their target price on Columbia Banking System from $22.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Friday.

Columbia Banking System (NASDAQ:COLB) Trading Up 7.5% After Better-Than-Expected Earnings

Seven Eight Capital LP purchased a new position in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 90,302 shares of the financial services provider's

Edgestream Partners L.P. purchased a new stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 86,484 shares of the financial services provid

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 7.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420,374 sh

Entropy Technologies LP acquired a new position in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 118,451 shares of the financial services provide

Sei Investments Co. lessened its stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 8.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 955,577 shares of the financi

Hohimer Wealth Management LLC bought a new stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,115 shares of the financial services provider

LSV Asset Management bought a new stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 147,300 shares of the financial services pro

BNP Paribas Financial Markets increased its stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 185.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 173,776 shares of the financial services provider's stock a

Columbia Banking System, Inc. (NASDAQ:COLB - Get Free Report) has earned a consensus recommendation of "Hold" from the thirteen brokerages that are covering the firm, Marketbeat reports. Eleven research analysts have rated the stock with a hold recommendation and two have issued a buy recommendati

Quantbot Technologies LP boosted its position in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 646.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 308,568 shares of the financial services

Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) - Equities research analysts at Wedbush reduced their Q1 2025 earnings per share estimates for shares of Columbia Banking System in a research report issued on Thursday, July 11th. Wedbush analyst D. Chiaverini now anticipates that the fin

Sippican Capital Advisors raised its holdings in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 182.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,884 shares of the financial services provid

Columbia Banking System, Inc. (NASDAQ:COLB - Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 8,550,000 shares, a growth of 13.1% from the May 31st total of 7,560,000 shares. Based on an average daily trading volume, of 2,040,000 shares, the days-to-cover ratio is presently 4.2 days.

StockNews.com lowered Columbia Banking System from a "hold" rating to a "sell" rating in a report on Friday.

Goldman Sachs Group Inc. raised its stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 636,934 shares of the financial services pr

JPMorgan Chase & Co. lowered their price objective on shares of Columbia Banking System from $23.00 to $22.00 and set a "neutral" rating for the company in a research report on Thursday.

Vanguard Group Inc. boosted its stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,753,210 shares of the financial services provider's sto

Range Financial Group LLC bought a new position in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 65,419 shares of the financial servi

Wellington Management Group LLP boosted its stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 16.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 4,578,618 shares of the financial services provider's stock after acquiring an addi

Fisher Asset Management LLC lowered its position in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 18.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,571,823 shares of the fi

StockNews.com upgraded shares of Columbia Banking System from a "sell" rating to a "hold" rating in a report on Friday.

Stifel Financial Corp raised its stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 25.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 297,675 shares of the financial services provi

Public Employees Retirement Association of Colorado raised its position in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 3,245.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor

Piper Sandler reissued an "overweight" rating and issued a $27.00 target price on shares of Columbia Banking System in a research report on Wednesday.

Columbia Banking System, Inc. (NASDAQ:COLB - Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 7,820,000 shares, a drop of 8.9% from the April 30th total of 8,580,000 shares. Based on an average trading volume of 2,640,000 shares, the days-to-cover ratio is presently 3.0 days.

StockNews.com lowered shares of Columbia Banking System from a "hold" rating to a "sell" rating in a research note on Wednesday.

Norges Bank bought a new position in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,367,013 shares of the financial services provider's stock, valued at ap

Trexquant Investment LP purchased a new stake in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,126 shares of the financial services pro

Dimensional Fund Advisors LP trimmed its stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 44.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,975,877 shares of the financ

D.A. Davidson & CO. grew its holdings in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 34.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 176,953 shares of the finan

Franklin Resources Inc. lifted its stake in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,788,928 shares of the financial services provider's stock after buyin

Russell Investments Group Ltd. cut its position in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 88.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,831 shares of

Charles Schwab Investment Management Inc. grew its position in Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,162,783

ARGA Investment Management LP acquired a new position in shares of Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 75,896 shares of the financial services prov