Columbia Banking System, Inc. $COLB Shares Bought by Elizabeth Park Capital Advisors Ltd.

Posted by Brenda Bartman on Jun 18th, 2026

Elizabeth Park Capital Advisors Ltd. boosted its position in shares of Columbia Banking System, Inc. (NASDAQ:COLB – Free Report) by 24.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,000 shares of the financial services provider’s stock after acquiring an additional 19,000 shares during the period. Columbia Banking System comprises 2.2% of Elizabeth Park Capital Advisors Ltd.’s investment portfolio, making the stock its 20th biggest holding. Elizabeth Park Capital Advisors Ltd.’s holdings in Columbia Banking System were worth $2,711,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in COLB. AQR Capital Management LLC grew its holdings in Columbia Banking System by 35.4% during the 1st quarter. AQR Capital Management LLC now owns 56,675 shares of the financial services provider’s stock worth $1,402,000 after acquiring an additional 14,824 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Columbia Banking System by 23.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,719 shares of the financial services provider’s stock worth $2,063,000 after acquiring an additional 15,845 shares in the last quarter. Millennium Management LLC grew its holdings in Columbia Banking System by 572.7% during the 1st quarter. Millennium Management LLC now owns 484,730 shares of the financial services provider’s stock worth $12,089,000 after acquiring an additional 412,674 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Columbia Banking System by 28.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 492,775 shares of the financial services provider’s stock worth $12,290,000 after acquiring an additional 108,994 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Columbia Banking System by 1.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 887,267 shares of the financial services provider’s stock worth $22,128,000 after acquiring an additional 16,165 shares in the last quarter. Institutional investors and hedge funds own 92.53% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on COLB shares. Weiss Ratings upgraded shares of Columbia Banking System from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, April 1st. Piper Sandler boosted their price target on shares of Columbia Banking System from $34.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Wells Fargo & Company boosted their price target on shares of Columbia Banking System from $28.00 to $30.00 and gave the stock an “equal weight” rating in a report on Monday, March 30th. Wall Street Zen cut shares of Columbia Banking System from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Barclays lowered their price target on shares of Columbia Banking System from $30.00 to $29.00 and set an “equal weight” rating for the company in a report on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $32.13.

View Our Latest Research Report on Columbia Banking System

Columbia Banking System Price Performance

Shares of NASDAQ:COLB opened at $30.05 on Thursday. The company’s fifty day moving average price is $29.52 and its 200 day moving average price is $29.05. Columbia Banking System, Inc. has a 12 month low of $21.91 and a 12 month high of $32.70. The firm has a market capitalization of $8.70 billion, a P/E ratio of 11.97 and a beta of 0.63.

Columbia Banking System (NASDAQ:COLB – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.72 EPS for the quarter, topping 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 firm had revenue of $675.00 million for the quarter, compared to analyst estimates of $677.34 million. During the same period last year, the business earned $0.67 EPS. Columbia Banking System’s revenue for the quarter was up 37.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Columbia Banking System, Inc. will post 3.08 EPS for the current year.

Columbia Banking System Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 4.9%. The ex-dividend date was Friday, May 29th. Columbia Banking System’s dividend payout ratio (DPR) is currently 58.96%.

Insider Buying and Selling

In related news, CMO Devine David Moore sold 3,872 shares of Columbia Banking System stock in a transaction on Monday, June 8th. The shares were sold at an average price of $29.77, for a total transaction of $115,269.44. Following the sale, the chief marketing officer directly owned 18,636 shares in the company, valued at $554,793.72. This trade represents a 17.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by corporate insiders.

Columbia Banking System Company Profile

(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.