Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Columbia Banking System (NASDAQ:COLB) in the last three months.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 9 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 5 | 0 | 0 |
2M Ago | 0 | 0 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Columbia Banking System, presenting an average target of $21.0, a high estimate of $23.00, and a low estimate of $20.00. A 11.58% drop is evident in the current average compared to the previous average price target of $23.75.
The standing of Columbia Banking System among financial experts becomes clear 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 | Raises | Equal-Weight | $21.00 | $20.00 |
Timur Braziler | Wells Fargo | Lowers | Equal-Weight | $22.00 | $25.00 |
Jon Arfstrom | RBC Capital | Lowers | Sector Perform | $21.00 | $25.00 |
Christopher Mcgratty | Keefe, Bruyette & Woods | Lowers | Market Perform | $23.00 | $25.00 |
Steven Alexopoulos | JP Morgan | Lowers | Neutral | $22.00 | $23.00 |
Brandon King | Truist Securities | Lowers | Hold | $20.00 | $22.00 |
Ben Gerlinger | Citigroup | Lowers | Neutral | $20.00 | $25.00 |
Jeff Rulis | DA Davidson | Lowers | Neutral | $20.00 | $25.00 |
Jared Shaw | Barclays | Announces | Equal-Weight | $20.00 | - |
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Columbia Banking System's market position. Stay informed and make well-judged decisions with the assistance of 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: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.
Revenue Growth: Columbia Banking System's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 52.53%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Columbia Banking System's net margin is below industry averages, indicating potential 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 is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.94%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.18%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Columbia Banking System's debt-to-equity ratio stands notably higher than the industry average, reaching 0.9. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: COLB