Columbia Banking System (NASDAQ:COLB) Price Target Raised to $34.00

06 Nov 2026, 02:30 by Jessica Moore · The Cerbat Gem

Columbia Banking System (NASDAQ:COLB – Free Report) had its price target raised by Barclays from $32.00 to $34.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the financial services provider’s stock.

A number of other equities analysts have also recently commented on COLB. Royal Bank Of Canada lifted their price objective on shares of Columbia Banking System from $32.00 to $34.00 and gave the stock a “sector perform” rating in a research report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Columbia Banking System in a report on Tuesday, October 13th. They issued a “hold” rating and a $32.00 price objective on the stock. Zacks Research raised shares of Columbia Banking System from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Wells Fargo & Company cut their target price on shares of Columbia Banking System from $34.00 to $32.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. Finally, DA Davidson raised shares of Columbia Banking System from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $33.00 to $36.00 in a report on Tuesday, September 1st. Five analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Columbia Banking System presently has an average rating of “Hold” and a consensus price target of $33.62.

View Our Latest Stock Report on COLB

Columbia Banking System Stock Performance

Shares of NASDAQ:COLB opened at $30.42 on Tuesday. Columbia Banking System has a 52-week low of $25.51 and a 52-week high of $33.67. The company has a market capitalization of $8.61 billion, a P/E ratio of 10.53, a price-to-earnings-growth ratio of 0.89 and a beta of 0.72. The company has a 50-day simple moving average of $29.65 and a 200 day simple moving average of $29.91.

Columbia Banking System (NASDAQ:COLB – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. Columbia Banking System had a return on equity of 11.93% and a net margin of 22.83%. The firm had revenue of $702.00 million for the quarter, compared to the consensus estimate of $687.74 million. During the same quarter in the previous year, the business earned $0.85 earnings per share. The business’s revenue was up 19.4% compared to the same quarter last year. As a group, equities analysts forecast that Columbia Banking System will post 3.08 earnings per share for the current year.

Columbia Banking System Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Investors of record on Friday, August 28th were paid a $0.37 dividend. The ex-dividend date was Friday, August 28th. This represents a $1.48 annualized dividend and a dividend yield of 4.9%. Columbia Banking System’s dividend payout ratio is 51.21%.

Insider Activity at Columbia Banking System

In related news, Director Steven Gardner sold 10,522 shares of the firm’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $31.23, for a total transaction of $328,602.06. Following the transaction, the director directly owned 2,577 shares of the company’s stock, valued at approximately $80,479.71. This trade represents a 80.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in Columbia Banking System in the second quarter valued at approximately $2,746,000. Bank of America Corp DE bought a new stake in shares of Columbia Banking System during the second quarter worth $45,104,000. Lone Peak Global Investors LLC grew its stake in shares of Columbia Banking System by 5.9% during the second quarter. Lone Peak Global Investors LLC now owns 569,183 shares of the financial services provider’s stock worth $18,242,000 after buying an additional 31,925 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of Columbia Banking System during the second quarter worth $68,906,000. Finally, Amundi increased its holdings in shares of Columbia Banking System by 52.7% during the second quarter. Amundi now owns 102,500 shares of the financial services provider’s stock worth $3,285,000 after buying an additional 35,365 shares in the last quarter. Institutional investors and hedge funds own 92.53% of the company’s stock.

Columbia Banking System Company Profile

(Get Free Report)

Columbia Banking System, Inc is a bank holding company headquartered in Tacoma, Washington. It operates through Umpqua Bank, a full-service financial institution serving consumers, businesses, professionals and institutions.

Umpqua Bank provides deposit accounts, residential and commercial lending, business banking, treasury and cash-management services, mortgage banking, personal banking and wealth-management solutions. Its offerings include checking and savings accounts, commercial real estate and business loans, consumer credit, online and mobile banking, and investment and advisory services.