Columbia Banking System - COLB Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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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5 brokers have issued 1-year target prices for Columbia Banking System's stock. Their COLB share price forecasts range from $31.00 to $41.00. On average, they predict the company's stock price to reach $34.80 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for COLB or view top-rated stocks among Wall Street analysts.

Columbia Banking System's stock was trading at $32.72 on January 1st, 2022. Since then, COLB shares have decreased by 10.8% and is now trading at $29.20.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our COLB earnings forecast.

Columbia Banking System, Inc. (NASDAQ:COLB) issued its quarterly earnings results on Thursday, July, 21st. The financial services provider reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.02. Columbia Banking System had a net margin of 31.28% and a trailing twelve-month return on equity of 9.68%. During the same quarter last year, the firm posted $0.77 earnings per share.

Columbia Banking System announced a quarterly dividend on Friday, July 22nd. Investors of record on Wednesday, August 3rd will be paid a dividend of $0.30 per share on Wednesday, August 17th. This represents a $1.20 annualized dividend and a dividend yield of 4.11%. The ex-dividend date of this dividend is Tuesday, August 2nd.
Read our dividend analysis for COLB.

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.18%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 43.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 34.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLB.

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 trades on the NASDAQ under the ticker symbol "COLB."

Columbia Banking System's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (6.59%), Franklin Resources Inc. (5.55%), Price T Rowe Associates Inc. MD (4.08%), Thrivent Financial for Lutherans (2.70%), Millennium Management LLC (2.28%) and Goldman Sachs Group Inc. (1.99%). Insiders that own company stock include Aaron James Deer, Andy Mcdonald, Clint Stein, Craig D Eerkes, David C Lawson, Kumi Yamamoto Baruffi 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COLB stock can currently be purchased for approximately $29.20.

Columbia Banking System (NASDAQ:COLB) has a market capitalization of $2.30 billion and generates $630.16 million in revenue each year. The financial services provider earns $202.82 million in net income (profit) each year or $2.78 on an earnings per share basis.

The company employs 2,260 workers across the globe.

Columbia Banking System was founded in 1993.

Columbia Banking System's mailing address is 1301 A STREET, TACOMA WA, 98402. The official website for the company is www.columbiabank.com. The financial services provider can be reached via phone at (253) 305-1900, via email at investorrelations@columbiabank.com, or via fax at 253-305-0317.