What is DA Davidson's Forecast for COLB Q2 Earnings?

Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Columbia Banking System in a report issued on Friday, April 25th. DA Davidson analyst J. Rulis expects that the financial services provider will post earnings of $0.65 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $25.00 target price on the stock. The consensus estimate for Columbia Banking System's current full-year earnings is $2.71 per share. DA Davidson also issued estimates for Columbia Banking System's FY2025 earnings at $2.60 EPS and FY2026 earnings at $3.10 EPS.

A number of other equities research analysts have also recently issued reports on COLB. Keefe, Bruyette & Woods lowered their target price on shares of Columbia Banking System from $33.00 to $30.00 and set a "market perform" rating on the stock in a report on Thursday, April 24th. Piper Sandler cut their target price on Columbia Banking System from $32.00 to $30.00 and set an "overweight" rating for the company in a research note on Monday. JPMorgan Chase & Co. lowered their price target on shares of Columbia Banking System from $32.00 to $30.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Wells Fargo & Company increased their target price on shares of Columbia Banking System from $26.00 to $29.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Finally, Raymond James set a $27.00 price target on shares of Columbia Banking System and gave the stock an "outperform" rating in a report on Thursday, April 24th. Ten equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Columbia Banking System presently has a consensus rating of "Hold" and a consensus price target of $29.85.

Columbia Banking System Price Performance

Shares of NASDAQ COLB traded up $0.10 during mid-day trading on Monday, reaching $22.72. 1,719,459 shares of the company's stock were exchanged, compared to its average volume of 1,776,633. The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 8.94 and a beta of 0.53. Columbia Banking System has a 52 week low of $18.11 and a 52 week high of $32.85. The firm has a 50-day moving average price of $23.87 and a two-hundred day moving average price of $26.96.

Columbia Banking System (NASDAQ:COLB - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.04. The company had revenue of $481.92 million for the quarter, compared to analyst estimates of $482.86 million. Columbia Banking System had a net margin of 17.99% and a return on equity of 11.21%. The firm's revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $0.65 earnings per share.

Columbia Banking System Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were issued a $0.36 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.44 annualized dividend and a yield of 6.34%. Columbia Banking System's dividend payout ratio (DPR) is presently 61.02%.

Insider Buying and Selling at Columbia Banking System

In related news, VP Torran B. Nixon sold 4,481 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $25.99, for a total transaction of $116,461.19. Following the sale, the vice president now owns 104,869 shares of the company's stock, valued at $2,725,545.31. The trade was a 4.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.68% of the company's stock.

Institutional Trading of Columbia Banking System

Hedge funds have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd bought a new stake in Columbia Banking System in the fourth quarter worth $29,000. SBI Securities Co. Ltd. purchased a new stake in shares of Columbia Banking System in the 4th quarter worth $32,000. UMB Bank n.a. lifted its position in Columbia Banking System by 141.3% during the first quarter. UMB Bank n.a. now owns 1,636 shares of the financial services provider's stock valued at $41,000 after purchasing an additional 958 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Columbia Banking System during the fourth quarter valued at about $42,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in Columbia Banking System in the fourth quarter worth about $42,000. 92.53% of the stock is owned by institutional investors.

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.