Equities Analysts Set Expectations for COLB FY2026 Earnings

Columbia Banking System, Inc. (NASDAQ:COLBFree Report) – Investment analysts at DA Davidson lowered their FY2026 earnings estimates for Columbia Banking System in a research note issued on Wednesday, June 11th. DA Davidson analyst J. Rulis now anticipates that the financial services provider will post earnings of $3.00 per share for the year, down from their previous estimate of $3.10. DA Davidson has a “Neutral” rating and a $26.00 price target on the stock. The consensus estimate for Columbia Banking System’s current full-year earnings is $2.71 per share.

Columbia Banking System (NASDAQ:COLBGet Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.04. Columbia Banking System had a net margin of 17.99% and a return on equity of 11.21%. The business had revenue of $481.92 million during the quarter, compared to analysts’ expectations of $482.86 million. During the same quarter in the previous year, the company earned $0.65 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year.

A number of other research firms have also recently commented on COLB. Wells Fargo & Company boosted their price target on shares of Columbia Banking System from $26.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, April 24th. Piper Sandler cut their price objective on shares of Columbia Banking System from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. Jefferies Financial Group assumed coverage on shares of Columbia Banking System in a research note on Wednesday, May 21st. They issued a “hold” rating and a $27.00 price objective for the company. Raymond James set a $27.00 price objective on shares of Columbia Banking System and gave the company an “outperform” rating in a research note on Thursday, April 24th. Finally, Wall Street Zen assumed coverage on shares of Columbia Banking System in a research note on Thursday, May 22nd. They issued a “hold” rating for the company. Eleven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $29.71.

Get Our Latest Stock Report on Columbia Banking System

Columbia Banking System Price Performance

COLB stock opened at $22.60 on Friday. Columbia Banking System has a one year low of $18.22 and a one year high of $32.85. The stock has a market cap of $4.75 billion, a PE ratio of 8.90 and a beta of 0.63. The firm has a 50 day simple moving average of $23.27 and a two-hundred day simple moving average of $25.68.

Columbia Banking System Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Friday, May 30th will be issued a $0.36 dividend. The ex-dividend date is Friday, May 30th. This represents a $1.44 annualized dividend and a yield of 6.37%. Columbia Banking System’s dividend payout ratio (DPR) is presently 61.02%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Arizona State Retirement System raised its holdings in Columbia Banking System by 0.8% in the 4th quarter. Arizona State Retirement System now owns 60,758 shares of the financial services provider’s stock worth $1,641,000 after purchasing an additional 469 shares in the last quarter. State of Michigan Retirement System lifted its position in Columbia Banking System by 1.0% during the 1st quarter. State of Michigan Retirement System now owns 50,141 shares of the financial services provider’s stock valued at $1,251,000 after acquiring an additional 500 shares during the period. Louisiana State Employees Retirement System lifted its position in Columbia Banking System by 0.9% during the 1st quarter. Louisiana State Employees Retirement System now owns 58,700 shares of the financial services provider’s stock valued at $1,464,000 after acquiring an additional 500 shares during the period. Xponance Inc. lifted its position in Columbia Banking System by 2.2% during the 1st quarter. Xponance Inc. now owns 24,313 shares of the financial services provider’s stock valued at $606,000 after acquiring an additional 517 shares during the period. Finally, Sippican Capital Advisors lifted its position in Columbia Banking System by 0.5% during the 1st quarter. Sippican Capital Advisors now owns 108,027 shares of the financial services provider’s stock valued at $2,694,000 after acquiring an additional 540 shares during the period. 92.53% of the stock is currently owned by institutional investors.

Columbia Banking System Company Profile

(Get Free Report)

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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Earnings History and Estimates for Columbia Banking System (NASDAQ:COLB)

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