Columbia Banking SystemsCOLB
Market Cap: $4.95B
About: Columbia Banking System Inc is a registered bank holding company whose wholly-owned banking subsidiary is Columbia State Bank. The company provides a full range of banking services to small and medium sized businesses, professionals, and individuals throughout Washington, Oregon, Idaho, and California. The company's subsidiary Columbia Trust Company is an Oregon trust company that provides agency, fiduciary, and other related trust services with offices in Washington, Oregon, and Idaho. The firm offers various products and services under Personal Banking, Business Banking, and Wealth Management divisions.
Employees: 5,114
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
17% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 48
2% more funds holding
Funds holding: 351 [Q1] → 359 (+8) [Q2]
1% more capital invested
Capital invested by funds: $3.77B [Q1] → $3.8B (+$27.7M) [Q2]
0% more call options, than puts
Call options by funds: $3.84M | Put options by funds: $3.83M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
2.17% less ownership
Funds ownership: 93.47% [Q1] → 91.31% (-2.17%) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 135
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
JP Morgan Steven Alexopoulos 73% 1-year accuracy 37 / 51 met price target | 23%upside $29 | Neutral Maintained | 30 Jul 2024 |
Truist Securities Brandon King 89% 1-year accuracy 48 / 54 met price target | 23%upside $29 | Hold Maintained | 29 Jul 2024 |
Stephens & Co. Andrew Terrell 65% 1-year accuracy 11 / 17 met price target | 10%upside $26 | Equal-Weight Maintained | 26 Jul 2024 |
Wedbush David Chiaverini 65% 1-year accuracy 34 / 52 met price target | 6%upside $25 | Neutral Maintained | 26 Jul 2024 |
RBC Capital Jon Arfstrom 78% 1-year accuracy 40 / 51 met price target | 10%upside $26 | Sector Perform Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 5 articles about COLB published over the past 30 days