What is DA Davidson’s Forecast for COLB Q1 Earnings?

Columbia Banking System, Inc. (NASDAQ:COLBFree Report) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for Columbia Banking System in a research note issued to investors on Monday, January 27th. DA Davidson analyst J. Rulis expects 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.

Columbia Banking System (NASDAQ:COLBGet Free Report) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.71 earnings per share (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%.

COLB has been the topic of several other research reports. UBS Group assumed coverage on Columbia Banking System in a report on Tuesday, December 17th. They issued a “neutral” rating and a $32.00 price target on the stock. Stephens lowered their target price on shares of Columbia Banking System from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Keefe, Bruyette & Woods cut 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. Truist Financial raised their price objective on shares of Columbia Banking System from $28.00 to $30.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, Barclays upped their target price on shares of Columbia Banking System from $29.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $30.38.

Get Our Latest Report on COLB

Columbia Banking System Stock Performance

Shares of COLB stock opened at $27.63 on Tuesday. The company has a market capitalization of $5.79 billion, a PE ratio of 11.96 and a beta of 0.67. Columbia Banking System has a 52-week low of $17.08 and a 52-week high of $32.85. The business’s fifty day moving average is $28.64 and its 200 day moving average is $26.88.

Institutional Investors Weigh In On Columbia Banking System

Institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can boosted its stake in shares of Columbia Banking System by 114.9% during the second quarter. Bank of Montreal Can now owns 76,298 shares of the financial services provider’s stock valued at $1,520,000 after purchasing an additional 40,800 shares during the period. AQR Capital Management LLC purchased a new stake in Columbia Banking System during the 2nd quarter valued at $560,000. Scientech Research LLC purchased a new stake in Columbia Banking System during the 2nd quarter valued at $307,000. Algert Global LLC grew its holdings in Columbia Banking System by 6.2% in the 2nd quarter. Algert Global LLC now owns 321,874 shares of the financial services provider’s stock worth $6,402,000 after acquiring an additional 18,708 shares during the last quarter. Finally, Creative Planning increased its position in shares of Columbia Banking System by 39.2% in the second quarter. Creative Planning now owns 42,063 shares of the financial services provider’s stock valued at $837,000 after acquiring an additional 11,836 shares during the period. 92.53% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Banking System Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend was Friday, November 29th. Columbia Banking System’s dividend payout ratio (DPR) is presently 62.34%.

About Columbia Banking System

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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.

Further Reading

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

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