Columbia Banking Systems (COLB)

• Market cap: $5.99B
• 1 day: 1.56%
• 5 days: 9.50%
• 1 month: -0.17%
• 3 months: 2.95%
• 6 months: 20.59%
• Year to date: 6.40%
• 1 year: 17.47%
• 5 years: -4.57%
• 10 years: -4.57%
• Sector: Financials
• Industry: State Commercial Banks

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 Q3 regulatory filings by fund managers ($100M+ AUM)

234% more call options, than puts

Call options by funds: $7.5M | Put options by funds: $2.25M

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

28% more capital invested

Capital invested by funds: $3.94B [Q2] → $5.03B (+$1.09B) [Q3]

25% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 51

3% more funds holding

Funds holding: 359 [Q2] → 368 (+9) [Q3]

5% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 123

2.8% less ownership

Funds ownership: 94.71% [Q2] → 91.9% (-2.8%) [Q3]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30 5% upside
• Avg. target: $33 14% upside
• High target: $35 22% upside

8 analyst ratings

• positive: 2 25%
• neutral: 6 75%
• negative: 0 0%

JP Morgan Anthony Elian 71% 1-year accuracy 10 / 14 met price target	5% upside $30	Neutral Maintained	7 Jan 2025
Wells Fargo Timur Braziler 61% 1-year accuracy 17 / 28 met price target	22% upside $35	Overweight Upgraded	6 Jan 2025
UBS Nicholas Holowko 50% 1-year accuracy 4 / 8 met price target	12% upside $32	Neutral Assumed	17 Dec 2024
Barclays Jared Shaw 69% 1-year accuracy 48 / 70 met price target	15% upside $33	Equal-Weight Maintained	5 Dec 2024
Keefe, Bruyette & Woods Christopher Mcgratty 76% 1-year accuracy 13 / 17 met price target	19% upside $34	Market Perform Maintained	4 Dec 2024