Columbia Banking System, Inc. $COLB Holdings Boosted by Handelsbanken Fonder AB

Posted by Brenda Bartman on May 25th, 2026

Handelsbanken Fonder AB boosted its position in shares of Columbia Banking System, Inc. (NASDAQ:COLB – Free Report) by 35.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 95,299 shares of the financial services provider’s stock after purchasing an additional 25,100 shares during the period. Handelsbanken Fonder AB’s holdings in Columbia Banking System were worth $2,664,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in shares of Columbia Banking System by 39.4% during the 3rd quarter. Principal Financial Group Inc. now owns 664,110 shares of the financial services provider’s stock valued at $17,094,000 after buying an additional 187,551 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Columbia Banking System by 145.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 7,019,088 shares of the financial services provider’s stock valued at $180,671,000 after buying an additional 4,157,835 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Columbia Banking System by 14.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,536,008 shares of the financial services provider’s stock valued at $193,977,000 after buying an additional 929,862 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Columbia Banking System by 45.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 278,899 shares of the financial services provider’s stock valued at $7,179,000 after buying an additional 87,627 shares during the period. Finally, Savant Capital LLC boosted its stake in shares of Columbia Banking System by 78.9% during the 3rd quarter. Savant Capital LLC now owns 69,234 shares of the financial services provider’s stock valued at $1,782,000 after buying an additional 30,537 shares during the period. Institutional investors and hedge funds own 92.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on COLB. Wall Street Zen lowered shares of Columbia Banking System from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Wells Fargo & Company lifted their target price on shares of Columbia Banking System from $28.00 to $30.00 and gave the company an “equal weight” rating in a research note on Monday, March 30th. Weiss Ratings raised shares of Columbia Banking System from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 1st. JPMorgan Chase & Co. decreased their target price on shares of Columbia Banking System from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Finally, Piper Sandler lifted their target price on shares of Columbia Banking System from $34.00 to $36.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Columbia Banking System has an average rating of “Hold” and an average target price of $32.13.

View Our Latest Report on COLB

Columbia Banking System Stock Performance

COLB stock opened at $29.73 on Monday. Columbia Banking System, Inc. has a 1 year low of $21.91 and a 1 year high of $32.70. The company has a fifty day simple moving average of $28.46 and a 200 day simple moving average of $28.67. The firm has a market cap of $8.61 billion, a PE ratio of 11.84 and a beta of 0.63.

Columbia Banking System (NASDAQ:COLB – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.04. Columbia Banking System had a net margin of 19.28% and a return on equity of 11.41%. The business had revenue of $675.00 million during the quarter, compared to analyst estimates of $677.34 million. During the same quarter in the previous year, the business earned $0.67 EPS. Columbia Banking System’s quarterly revenue was up 37.9% compared to the same quarter last year. As a group, analysts forecast that Columbia Banking System, Inc. will post 3.08 EPS for the current fiscal year.

Columbia Banking System Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, May 29th. Columbia Banking System’s payout ratio is presently 58.96%.

Insider Activity

In related news, VP Torran B. Nixon sold 2,240 shares of Columbia Banking System stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $28.85, for a total value of $64,624.00. Following the completion of the sale, the vice president owned 98,229 shares of the company’s stock, valued at approximately $2,833,906.65. The trade was a 2.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have sold 5,629 shares of company stock valued at $158,044. 0.57% of the stock is currently owned by insiders.

About Columbia Banking System

(Free Report)

Columbia Banking System, Inc is a bank holding company that operates through its principal subsidiary, Columbia State Bank. Headquartered in Tacoma, Washington, the company provides a full range of banking and financial services to commercial, small business and consumer customers. Its branch network is concentrated in the Pacific Northwest, with locations across Washington, Oregon and Idaho, where it aims to combine local decision-making with the resources of a larger institution.

The company’s offerings include commercial real estate lending, construction and development financing, equipment and small business loans, and deposit products such as checking, savings and money market accounts.