Columbia Banking System (COLB) Stock Price, News & Analysis

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last twelve months. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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.
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12 equities research analysts have issued 12 month price objectives for Columbia Banking System's shares. Their COLB share price targets range from $20.00 to $29.00. On average, they predict the company's share price to reach $24.13 in the next year. This suggests a possible upside of 28.1% from the stock's current price.
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Columbia Banking System's stock was trading at $26.68 on January 1st, 2024. Since then, COLB stock has decreased by 29.4% and is now trading at $18.84.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our COLB earnings forecast.

Columbia Banking System, Inc. (NASDAQ:COLB) posted its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.44 EPS for the quarter, missing the consensus estimate of $0.79 by $0.35. The financial services provider earned $519.16 million during the quarter, compared to the consensus estimate of $525.94 million. Columbia Banking System had a trailing twelve-month return on equity of 10.27% and a net margin of 12.71%. The firm's quarterly revenue was up 52.5% on a year-over-year basis. During the same period last year, the company posted $0.93 earnings per share.

Columbia Banking System declared a quarterly dividend on Friday, February 9th. Stockholders of record on Friday, February 23rd will be paid a dividend of $0.36 per share on Monday, March 11th. This represents a $1.44 annualized dividend and a dividend yield of 7.64%. The ex-dividend date is Thursday, February 22nd.
Read our dividend analysis for COLB.

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 7.64%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 87.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, COLB will have a dividend payout ratio of 55.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLB.

ETFs with the largest weight of Columbia Banking System (NASDAQ:COLB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), JPMorgan Active Small Cap Value ETF (JPSV) and Direxion Daily Regional Banks Bull 3x Shares (DPST).Invesco Raymond James SB-1 Equity ETF (RYJ).

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.

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).

Columbia Banking System's stock is owned by a variety of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (3.73%), Massachusetts Financial Services Co. MA (3.29%), Dimensional Fund Advisors LP (1.43%), Norges Bank (1.13%), Cooke & Bieler LP (1.06%) and Charles Schwab Investment Management Inc. (1.04%). Insiders that own company stock include Aaron James Deer, Christopher Merrywell, Clint Stein, Craig D Eerkes, David C Lawson, Elizabeth Whitehead Seaton, John F Schultz, Kumi Yamamoto Baruffi, Luis Machuca, Ron L Farnsworth and Tom Hulbert.
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Shares of COLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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