Columbia Banking System, Inc. (NASDAQ:COLB – Free Report) – Investment analysts at Wedbush issued their Q1 2026 earnings estimates for Columbia Banking System in a research note issued to investors on Tuesday, September 24th. Wedbush analyst D. Chiaverini expects that the financial services provider will post earnings of $0.67 per share for the quarter. Wedbush has a “Outperform” rating and a $31.00 price objective on the stock. The consensus estimate for Columbia Banking System’s current full-year earnings is $2.55 per share. Wedbush also issued estimates for Columbia Banking System’s Q2 2026 earnings at $0.68 EPS.
A number of other equities research analysts have also recently commented on the stock. Barclays raised their price target on shares of Columbia Banking System from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday. Truist Financial decreased their price target on shares of Columbia Banking System from $29.00 to $28.00 and set a “hold” rating for the company in a research note on Friday, September 20th. Piper Sandler reissued an “overweight” rating and set a $27.00 target price on shares of Columbia Banking System in a research report on Wednesday, June 5th. Royal Bank of Canada raised their price target on shares of Columbia Banking System from $21.00 to $26.00 and gave the company a “sector perform” rating in a research report on Friday, July 26th. Finally, Keefe, Bruyette & Woods raised their target price on Columbia Banking System from $23.00 to $27.00 and gave the company a “market perform” rating in a report on Friday, July 26th. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $25.50.
Columbia Banking System Trading Down 0.0 %
Shares of COLB opened at $25.96 on Thursday. Columbia Banking System has a 12 month low of $17.08 and a 12 month high of $28.11. The stock’s 50-day moving average price is $24.51 and its two-hundred day moving average price is $21.11. The company has a market capitalization of $5.44 billion, a PE ratio of 11.14 and a beta of 0.64.
Columbia Banking System (NASDAQ:COLB – Get Free Report) last issued its earnings results on Thursday, July 25th. The financial services provider reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. The firm had revenue of $472.15 million for the quarter, compared to the consensus estimate of $476.01 million. Columbia Banking System had a return on equity of 10.89% and a net margin of 15.94%. The company’s revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 EPS.
Hedge Funds Weigh In On Columbia Banking System
A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Columbia Banking System by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 22,327,719 shares of the financial services provider’s stock valued at $432,041,000 after purchasing an additional 574,509 shares during the period. American Century Companies Inc. boosted its position in shares of Columbia Banking System by 6.7% during the 2nd quarter. American Century Companies Inc. now owns 6,191,704 shares of the financial services provider’s stock valued at $123,153,000 after acquiring an additional 386,751 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Columbia Banking System by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,718,494 shares of the financial services provider’s stock valued at $93,851,000 after acquiring an additional 23,963 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Columbia Banking System by 16.2% during the fourth quarter. Wellington Management Group LLP now owns 4,578,618 shares of the financial services provider’s stock worth $122,158,000 after purchasing an additional 637,212 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC increased its position in shares of Columbia Banking System by 21.4% in the first quarter. Silvercrest Asset Management Group LLC now owns 4,468,643 shares of the financial services provider’s stock worth $86,468,000 after purchasing an additional 788,383 shares during the last quarter. 92.53% of the stock is owned by institutional investors.
Columbia Banking System Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 9th. Shareholders of record on Friday, August 23rd were given a dividend of $0.36 per share. The ex-dividend date was Friday, August 23rd. This represents a $1.44 dividend on an annualized basis and a yield of 5.55%. Columbia Banking System’s dividend payout ratio is presently 61.80%.
Columbia Banking System Company Profile
Columbia Banking System, Inc operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions.
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