Columbia Banking System (NASDAQ:COLB) Issues Quarterly Earnings Results

Posted by Francis Steltz on Jul 23rd, 2026

Columbia Banking System (NASDAQ:COLB – Get Free Report) issued its quarterly earnings data on Thursday. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.03, Zacks reports. Columbia Banking System had a return on equity of 11.41% and a net margin of 19.28%.

Columbia Banking System Trading Down 1.1%

NASDAQ:COLB traded down $0.37 during trading hours on Thursday, hitting $32.26. 4,881,259 shares of the stock were exchanged, compared to its average volume of 2,894,562. The firm’s fifty day moving average price is $30.88 and its 200 day moving average price is $29.66. Columbia Banking System has a 52-week low of $22.77 and a 52-week high of $33.67. The company has a market cap of $9.34 billion, a P/E ratio of 12.85, a P/E/G ratio of 2.24 and a beta of 0.62.

Columbia Banking System Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 4.6%. The ex-dividend date was Friday, May 29th. Columbia Banking System’s payout ratio is presently 58.96%.

Analyst Upgrades and Downgrades

COLB has been the subject of several recent research reports. Fundamental Research set a $35.00 target price on shares of Columbia Banking System in a report on Wednesday, July 1st. Barclays dropped their price target on shares of Columbia Banking System from $30.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. lifted their price target on Columbia Banking System from $31.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Columbia Banking System in a research report on Monday, June 29th. Finally, Wall Street Zen lowered Columbia Banking System from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $32.81.

Get Our Latest Stock Analysis on COLB

Insider Activity

In related news, CMO Devine David Moore sold 3,872 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $29.77, for a total value of $115,269.44. Following the completion of the transaction, the chief marketing officer directly owned 18,636 shares of the company’s stock, valued at approximately $554,793.72. This represents a 17.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Columbia Banking System

Hedge funds have recently modified their holdings of the business. UMB Bank n.a. grew its stake in Columbia Banking System by 35.8% during the 4th quarter. UMB Bank n.a. now owns 3,575 shares of the financial services provider’s stock valued at $100,000 after acquiring an additional 943 shares in the last quarter. Quarry LP purchased a new position in Columbia Banking System in the 4th quarter worth approximately $113,000. FineMark National Bank & Trust purchased a new position in Columbia Banking System in the 4th quarter worth approximately $206,000. Parallel Advisors LLC boosted its holdings in shares of Columbia Banking System by 18.5% during the 4th quarter. Parallel Advisors LLC now owns 3,794 shares of the financial services provider’s stock worth $106,000 after purchasing an additional 592 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Columbia Banking System during the 3rd quarter worth approximately $200,000. 92.53% of the stock is currently owned by institutional investors and hedge funds.

Columbia Banking System Company Profile

(Get 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.