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Analysts' ratings for Columbia Banking System (NASDAQ:COLB) over the last quarter vary from bullish to bearish, as provided by 11 analysts.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 2 | 9 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 8 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $24.23, a high estimate of $29.00, and a low estimate of $20.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 19.56%.
A clear picture of Columbia Banking System's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jared Shaw | Barclays | Announces | Equal-Weight | $20.00 | - |
Brody Preston | UBS | Lowers | Neutral | $21.50 | $28.00 |
Steven Alexopoulos | JP Morgan | Lowers | Neutral | $23.00 | $30.00 |
Ben Gerlinger | Citigroup | Lowers | Neutral | $25.00 | $28.00 |
David Chiaverini | Wedbush | Lowers | Neutral | $24.00 | $29.00 |
Jon Arfstrom | RBC Capital | Lowers | Sector Perform | $25.00 | $28.00 |
Jeff Rulis | DA Davidson | Lowers | Neutral | $25.00 | $32.00 |
Andrew Terrell | Stephens & Co. | Announces | Equal-Weight | $24.00 | - |
Christopher Mcgratty | Keefe, Bruyette & Woods | Lowers | Market Perform | $25.00 | $30.00 |
Matthew Clark | Piper Sandler | Lowers | Overweight | $29.00 | $36.00 |
David Feaster | Raymond James | Announces | Outperform | $25.00 | - |
To gain a panoramic view of Columbia Banking System's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Columbia Banking System analyst ratings.
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.
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Columbia Banking System displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 52.53%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Columbia Banking System's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 18.02%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Columbia Banking System's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.94%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Columbia Banking System's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.18%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Columbia Banking System's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.9, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: COLB