Columbia Banking System (NASDAQ:COLB) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Columbia Banking System, Inc. (NASDAQ:COLB). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Columbia Banking System stock on October 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
• Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
• Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
• Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Columbia Banking System Stock Up 1.4%

COLB stock traded up $0.37 during midday trading on Monday, hitting $27.54. The company’s stock had a trading volume of 2,309,295 shares, compared to its average volume of 2,930,660. Columbia Banking System, Inc. has a 12 month low of $19.61 and a 12 month high of $32.85. The company has a 50 day moving average of $26.09 and a two-hundred day moving average of $25.13. The firm has a market capitalization of $8.24 billion, a price-to-earnings ratio of 10.93 and a beta of 0.67.

Columbia Banking System (NASDAQ:COLB) last released its quarterly earnings data on Monday, March 4th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter. Columbia Banking System had a net margin of 17.98% and a return on equity of 11.31%. The firm had revenue of $348.47 million for the quarter. On average, analysts anticipate that Columbia Banking System, Inc. will post 2.71 earnings per share for the current fiscal year.

Columbia Banking System Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a $1.48 dividend on an annualized basis and a yield of 5.4%. This is a boost from Columbia Banking System’s previous quarterly dividend of $0.36. Columbia Banking System’s payout ratio is presently 66.67%.

Hedge Funds Weigh In On Columbia Banking System

Several hedge funds have recently bought and sold shares of COLB. Verdence Capital Advisors LLC boosted its stake in shares of Columbia Banking System by 2.0% during the second quarter. Verdence Capital Advisors LLC now owns 20,714 shares of the financial services provider’s stock valued at $484,000 after purchasing an additional 403 shares during the period. Wedbush Securities Inc. raised its stake in shares of Columbia Banking System by 4.5% during the third quarter. Wedbush Securities Inc. now owns 9,915 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 423 shares in the last quarter. Peregrine Asset Advisers Inc. boosted its holdings in shares of Columbia Banking System by 4.9% in the third quarter. Peregrine Asset Advisers Inc. now owns 9,774 shares of the financial services provider’s stock valued at $252,000 after purchasing an additional 457 shares during the period. Sittner & Nelson LLC increased its holdings in Columbia Banking System by 1.2% during the 3rd quarter. Sittner & Nelson LLC now owns 37,519 shares of the financial services provider’s stock worth $966,000 after purchasing an additional 460 shares during the period. Finally, Quadrant Capital Group LLC raised its position in Columbia Banking System by 1.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 37,906 shares of the financial services provider’s stock valued at $976,000 after purchasing an additional 466 shares in the last quarter. Institutional investors own 92.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on COLB. Citigroup increased their price objective on shares of Columbia Banking System from $26.00 to $28.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Barclays dropped their price target on Columbia Banking System from $30.00 to $29.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 8th. Cowen initiated coverage on Columbia Banking System in a research note on Wednesday, September 24th. They issued a “hold” rating on the stock. Piper Sandler set a $33.00 target price on Columbia Banking System in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada boosted their price target on shares of Columbia Banking System from $27.00 to $28.00 and gave the stock a “sector perform” rating in a research report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $29.38.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Columbia Banking System

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.