What is DA Davidson’s Forecast for COLB FY2026 Earnings?

Columbia Banking System, Inc. (NASDAQ:COLB) – DA Davidson lifted their FY2026 EPS estimates for shares of Columbia Banking System in a report released on Friday, September 26th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will earn $3.12 per share for the year, up from their previous forecast of $3.10. DA Davidson currently has a “Neutral” rating and a $26.00 price objective on the stock. The consensus estimate for Columbia Banking System’s current full-year earnings is $2.71 per share.

Columbia Banking System (NASDAQ:COLB) last released its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.76 EPS for the quarter, beating the consensus estimate of $0.66 by $0.10. Columbia Banking System had a net margin of 17.98% and a return on equity of 11.31%. The business had revenue of $511.55 million during the quarter, compared to the consensus estimate of $492.00 million. During the same quarter in the prior year, the firm earned $0.67 EPS. The business’s revenue was up 8.2% on a year-over-year basis.

Other research analysts also recently issued research reports about the stock. Stephens raised shares of Columbia Banking System from an “equal weight” rating to an “overweight” rating and set a $30.00 price objective for the company in a report on Monday, August 4th. TD Cowen assumed coverage on shares of Columbia Banking System in a report on Thursday, September 25th. They issued a “hold” rating and a $28.00 price target for the company. Barclays increased their price target on shares of Columbia Banking System from $27.00 to $30.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. JPMorgan Chase & Co. lowered their price target on shares of Columbia Banking System from $26.50 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, July 1st. Finally, Cowen assumed coverage on shares of Columbia Banking System in a report on Wednesday, September 24th. They issued a “hold” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, Columbia Banking System currently has an average rating of “Hold” and an average target price of $29.27.

Columbia Banking System Stock Up 0.3%

COLB opened at $25.74 on Monday. The firm has a 50-day simple moving average of $25.64 and a two-hundred day simple moving average of $24.32. Columbia Banking System has a 52 week low of $19.61 and a 52 week high of $32.85. The company has a market capitalization of $5.41 billion, a PE ratio of 10.21 and a beta of 0.66.

Hedge Funds Weigh In On Columbia Banking System

Several institutional investors have recently bought and sold shares of COLB. Two Sigma Advisers LP purchased a new position in Columbia Banking System during the fourth quarter valued at approximately $280,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Columbia Banking System during the fourth quarter valued at approximately $7,307,000. Wealth Enhancement Advisory Services LLC increased its holdings in Columbia Banking System by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,404 shares of the financial services provider’s stock valued at $1,064,000 after buying an additional 692 shares during the period. Versant Capital Management Inc increased its holdings in Columbia Banking System by 305.7% during the first quarter. Versant Capital Management Inc now owns 5,432 shares of the financial services provider’s stock valued at $135,000 after buying an additional 4,093 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Columbia Banking System by 3,254.9% during the first quarter. GAMMA Investing LLC now owns 132,955 shares of the financial services provider’s stock valued at $3,316,000 after buying an additional 128,992 shares during the period. 92.53% of the stock is owned by hedge funds and other institutional investors.

Columbia Banking System Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.6%. Columbia Banking System’s dividend payout ratio (DPR) is 57.14%.

Columbia Banking System Company Profile

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.