Columbia Banking System (NASDAQ:COLB) Price Target Raised to $35.00 at Royal Bank Of Canada

Columbia Banking System (NASDAQ:COLB) had its price target upped by Royal Bank Of Canada from $34.00 to $35.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. Royal Bank Of Canada currently has a sector perform rating on the financial services provider’s stock.

A number of other equities research analysts also recently commented on COLB. Piper Sandler lifted their target price on shares of Columbia Banking System from $34.00 to $36.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Stephens increased their price target on Columbia Banking System from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Friday. Wall Street Zen lowered Columbia Banking System from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. JPMorgan Chase & Co. upped their price target on shares of Columbia Banking System from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Finally, UBS Group assumed coverage on shares of Columbia Banking System in a report on Tuesday, April 7th. They set a “neutral” rating and a $30.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $33.27.

Columbia Banking System Stock Performance

Shares of NASDAQ COLB opened at $31.15 on Friday. The company has a market cap of $9.02 billion, a PE ratio of 12.41, a P/E/G ratio of 2.20 and a beta of 0.62. Columbia Banking System has a 52-week low of $22.77 and a 52-week high of $33.67. The firm’s 50 day moving average price is $30.99 and its 200-day moving average price is $29.70.

Columbia Banking System (NASDAQ:COLB) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. Columbia Banking System had a net margin of 19.96% and a return on equity of 11.25%. The firm had revenue of $680.00 million for the quarter, compared to the consensus estimate of $687.40 million. During the same quarter last year, the firm posted $0.76 EPS. On average, analysts forecast that Columbia Banking System will post 3.05 earnings per share for the current fiscal year.

Columbia Banking System Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.37 per share. The ex-dividend date was Friday, May 29th. This represents a $1.48 dividend on an annualized basis and a yield of 4.8%. Columbia Banking System’s dividend payout ratio (DPR) is presently 58.96%.

Insider Activity

In other Columbia Banking System news, CMO Devine David Moore sold 3,872 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $29.77, for a total transaction of $115,269.44. Following the completion of the sale, the chief marketing officer owned 18,636 shares in the company, valued at $554,793.72. This represents a 17.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.57% of the company’s stock.

Institutional Trading of Columbia Banking System

A number of institutional investors have recently made changes to their positions in the business. BW Gestao de Investimentos Ltda. purchased a new position in Columbia Banking System in the 4th quarter worth $9,782,000. Easterly Investment Partners LLC grew its position in shares of Columbia Banking System by 10.6% in the fourth quarter. Easterly Investment Partners LLC now owns 713,206 shares of the financial services provider’s stock valued at $19,934,000 after purchasing an additional 68,388 shares in the last quarter. TD Asset Management Inc boosted its holdings in Columbia Banking System by 12.0% in the 4th quarter. TD Asset Management Inc now owns 461,928 shares of the financial services provider’s stock valued at $12,911,000 after purchasing an additional 49,454 shares during the last quarter. Oak Thistle LLC acquired a new stake in shares of Columbia Banking System during the fourth quarter valued at about $2,192,000. Finally, Norges Bank purchased a new position in shares of Columbia Banking System during the fourth quarter worth $103,012,000. Institutional investors and hedge funds own 92.53% of the company’s stock.

Key Headlines Impacting Columbia Banking System

Here are the key news stories impacting Columbia Banking System this week:

• Positive Sentiment: Columbia Banking System reported Q2 2026 earnings of $0.76 per share, beating estimates of $0.73 and matching last year’s EPS, while management said the results reflect resilient franchise performance and disciplined execution. Columbia Banking System, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Higher net interest income and fee income helped offset expense pressure and weaker loan/deposit balances, reinforcing the earnings beat and supporting the stock. Columbia Banking Q2 Earnings Top Estimates on Higher NII & Fee Income
• Positive Sentiment: Analysts responded favorably after the results, with Keefe, Bruyette & Woods, RBC, and Stephens all raising price targets to $35-$36, signaling improved expectations for COLB. Benzinga analyst updates
• Positive Sentiment: The company completed a $497 million buyback, which can support earnings per share and is typically viewed positively by investors. Columbia Banking System (COLB) Completes $497 Million Buyback As Q2 Earnings Arrive
• Neutral Sentiment: Revenue came in slightly below Wall Street expectations, so the earnings beat was not broad-based across all top-line metrics. Earnings report and conference call materials
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a driver of the stock’s move today.

About Columbia Banking System

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.