Q1 Earnings Forecast for COLB Issued By DA Davidson

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

Columbia Banking System (NASDAQ:COLB) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.71 earnings per share for the quarter, beating 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%.

Several other equities analysts have also recently issued reports on COLB. Stephens reduced their target price on Columbia Banking System from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Royal Bank of Canada boosted their price objective on shares of Columbia Banking System from $29.00 to $31.00 and gave the company a “sector perform” rating in a research report on Friday, October 25th. Keefe, Bruyette & Woods dropped their target price on shares of Columbia Banking System from $34.00 to $33.00 and set a “market perform” rating for the company in a research report on Friday, January 24th. JPMorgan Chase & Co. reduced their price target on shares of Columbia Banking System from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Finally, Truist Financial raised their price objective on shares of Columbia Banking System from $28.00 to $30.00 and gave the stock a “hold” rating in a report on Monday, October 28th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $30.38.

Columbia Banking System Price Performance

NASDAQ COLB opened at $27.95 on Tuesday. The business’s 50-day moving average is $28.69 and its 200 day moving average is $26.88. The stock has a market capitalization of $5.86 billion, a PE ratio of 12.10 and a beta of 0.67. Columbia Banking System has a 1 year low of $17.08 and a 1 year high of $32.85.

Hedge Funds Weigh In On Columbia Banking System

A number of hedge funds have recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in Columbia Banking System in the third quarter worth about $288,000. Nordea Investment Management AB lifted its position in Columbia Banking System by 82.0% in the 4th quarter. Nordea Investment Management AB now owns 391,286 shares of the financial services provider’s stock valued at $10,592,000 after acquiring an additional 176,334 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Columbia Banking System by 15.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 716,673 shares of the financial services provider’s stock valued at $18,712,000 after purchasing an additional 97,498 shares during the last quarter. Pathstone Holdings LLC increased its holdings in shares of Columbia Banking System by 45.7% in the 3rd quarter. Pathstone Holdings LLC now owns 120,888 shares of the financial services provider’s stock worth $3,156,000 after purchasing an additional 37,941 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in shares of Columbia Banking System by 439.5% in the third quarter. BNP Paribas Financial Markets now owns 79,877 shares of the financial services provider’s stock worth $2,086,000 after purchasing an additional 65,072 shares during the last quarter. Institutional investors own 92.53% of the company’s stock.

Columbia Banking System Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a dividend of $0.36 per share. 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 presently 62.34%.

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.