Q1 Earnings Estimate for COLB Issued By DA Davidson

Columbia Banking System, Inc. (NASDAQ:COLB) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Columbia Banking System in a note issued to investors on Monday, January 27th. DA Davidson analyst J. Rulis anticipates that the financial services provider will earn $0.65 per share for the quarter. The consensus estimate for Columbia Banking System’s current full-year earnings is $2.66 per share.

Several other equities analysts have also issued reports on COLB. Raymond James upped their target price on Columbia Banking System from $26.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. StockNews.com raised Columbia Banking System from a “sell” rating to a “hold” rating in a research report on Saturday, October 5th. UBS Group started coverage on shares of Columbia Banking System in a report on Tuesday, December 17th. They issued a “neutral” rating and a $32.00 price target on the stock. Barclays boosted their target price on shares of Columbia Banking System from $29.00 to $33.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Columbia Banking System from $34.00 to $33.00 and set a “market perform” rating for the company in a research note on Friday, January 24th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $30.38.

Columbia Banking System Stock Performance

Columbia Banking System stock opened at $27.95 on Tuesday. Columbia Banking System has a fifty-two week low of $17.08 and a fifty-two week high of $32.85. The firm’s 50-day simple moving average is $28.69 and its 200 day simple moving average is $26.88. The stock has a market cap of $5.86 billion, a PE ratio of 12.10 and a beta of 0.67.

Columbia Banking System (NASDAQ:COLB) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.71 EPS for the quarter, topping the consensus estimate of $0.65 by $0.06. Columbia Banking System had a net margin of 16.15% and a return on equity of 10.13%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP boosted its holdings in shares of Columbia Banking System by 31.9% in the 3rd quarter. Wellington Management Group LLP now owns 6,659,255 shares of the financial services provider’s stock worth $173,873,000 after purchasing an additional 1,611,563 shares in the last quarter. Basswood Capital Management L.L.C. purchased a new stake in Columbia Banking System in the third quarter worth approximately $26,593,000. Holocene Advisors LP grew its position in Columbia Banking System by 1,001.8% during the third quarter. Holocene Advisors LP now owns 962,330 shares of the financial services provider’s stock valued at $25,126,000 after acquiring an additional 874,986 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Columbia Banking System by 33.1% during the third quarter. Janus Henderson Group PLC now owns 2,263,432 shares of the financial services provider’s stock worth $59,099,000 after acquiring an additional 562,467 shares in the last quarter. Finally, Stieven Capital Advisors L.P. lifted its holdings in shares of Columbia Banking System by 98.6% in the 3rd quarter. Stieven Capital Advisors L.P. now owns 944,332 shares of the financial services provider’s stock worth $24,657,000 after acquiring an additional 468,832 shares during the last quarter. Hedge funds and other institutional investors own 92.53% of the company’s stock.

Columbia Banking System Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a $0.36 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.44 annualized dividend and a dividend yield of 5.15%. Columbia Banking System’s payout ratio is currently 62.34%.

About Columbia Banking System

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.