Columbia Banking Systems
COLB

$26.99

11.08%

Market Cap: 5.65B

About: Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.

Employees: 5,114

Financials State Commercial Banks

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 18 analysts

0

News positive %

of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

13% more repeat investments, than reductions

Existing positions increased: 133 | Existing positions reduced: 118

0.53% more ownership

Funds ownership: 88.82% [Q4 2023] → 89.35% (+0.53%) [Q1 2024]

6% less funds holding

Funds holding: 366 [Q4 2023] → 345 (-21) [Q1 2024]

27% less call options, than puts

Call options by funds: $4.11M | Put options by funds: $5.6M

27% less capital invested

Capital invested by funds: $4.94B [Q4 2023] → $3.61B (-$1.33B) [Q1 2024]

30% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 71

86% less funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 1 (-6) [Q1 2024]

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Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$20

26%

downside

Avg. target

$23

15%

downside

High target

$27

0%

upside

18 analyst ratings

1 positive

6%

17 neutral

94%

0 negative

0%

Stephens & Co. Andrew Terrell	4%downside $26	Equal-Weight Maintained	26 Jul 2024
Wedbush David Chiaverini	7%downside $25	Neutral Maintained	26 Jul 2024
RBC Capital Jon Arfstrom	4%downside $26	Sector Perform Maintained	26 Jul 2024
Wells Fargo Timur Braziler	4%downside $26	Equal-Weight Maintained	26 Jul 2024
Keefe, Bruyette & Woods Christopher Mcgratty	0%upside $27	Market Perform Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 10 articles about COLB published over the past 30 days

Zacks Investment Research

Columbia Banking (COLB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Columbia Banking (COLB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Columbia Banking (COLB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Columbia Banking System, Inc. (COLB) Q2 2024 Earnings Call Transcript

Columbia Banking System, Inc. (NASDAQ:COLB ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Jackie Bohlen - Investor Relations Director Clint Stein - President and Chief Executive Officer Ronald Farnsworth - Executive Vice President and Chief Financial Officer Frank Namdar - Executive Vice President and Chief Credit Officer Torran Nixon - President, Commercial Banking of Umpqua Bank Christopher Merrywell - President, Consumer Banking of Umpqua Bank Conference Call Participants Jon Arfstrom - RBC Capital Markets Matthew Clark - Piper Sandler David Feaster - Raymond James Brandon King - Truist Jared Shaw - Barclays Jeffrey Rulis - D.A. Davidson Chris McGrady - KW Operator Welcome to the Columbia Banking Systems Second Quarter 2024 Earnings Conference Call.

Columbia Banking System, Inc. (COLB) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Columbia Banking (COLB) Q2 Earnings Top Estimates

Columbia Banking (COLB) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.81 per share a year ago.

Columbia Banking (COLB) Q2 Earnings Top Estimates

Zacks Investment Research

What Analyst Projections for Key Metrics Reveal About Columbia Banking (COLB) Q2 Earnings

Get a deeper insight into the potential performance of Columbia Banking (COLB) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

What Analyst Projections for Key Metrics Reveal About Columbia Banking (COLB) Q2 Earnings

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Analysts Estimate Columbia Banking (COLB) to Report a Decline in Earnings: What to Look Out for

Columbia Banking (COLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Columbia Banking (COLB) to Report a Decline in Earnings: What to Look Out for

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Columbia Banking System Announces Date of Second Quarter 2024 Earnings Release and Conference Call

TACOMA, Wash. , June 28, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release second quarter 2024 financial results on Thursday, July 25, 2024, after market close.

Columbia Banking System Announces Date of Second Quarter 2024 Earnings Release and Conference Call

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