Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. It offers personal banking products and services, including non-interest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder and other commercial real estate loans, as well as loans guaranteed by the small business administration; debit and credit cards; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; insurance solutions, which include long-term care, and life and disability insurance; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement services, and investment agency and charitable management services. As of December 31, 2020, it operated approximately 145 branches. The company was founded in 1993 and is headquartered in Tacoma, Washington.
IPO Year: 1992
Exchange: NASDAQ
Website: columbiabank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/21/2025 | $27.00 | Hold | Jefferies |
| 1/6/2025 | $33.00 → $35.00 | Equal Weight → Overweight | Wells Fargo |
| 12/17/2024 | Neutral | UBS | |
| 9/24/2024 | $28.00 → $31.00 | Neutral → Outperform | Wedbush |
| 3/8/2024 | $20.00 | Equal Weight | Barclays |
| 1/25/2024 | $30.00 → $25.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 1/25/2024 | $32.00 → $25.00 | Buy → Neutral | DA Davidson |
| 1/25/2024 | $31.00 → $24.00 | Overweight → Equal-Weight | Stephens |
| 1/25/2024 | $25.00 | Strong Buy → Outperform | Raymond James |
| 12/1/2023 | $23.00 | Neutral | Citigroup |
Jefferies initiated coverage of Columbia Banking with a rating of Hold and set a new price target of $27.00
Wells Fargo upgraded Columbia Banking from Equal Weight to Overweight and set a new price target of $35.00 from $33.00 previously
UBS resumed coverage of Columbia Banking with a rating of Neutral
Wedbush upgraded Columbia Banking from Neutral to Outperform and set a new price target of $31.00 from $28.00 previously
Barclays initiated coverage of Columbia Banking with a rating of Equal Weight and set a new price target of $20.00
Keefe Bruyette downgraded Columbia Banking from Outperform to Mkt Perform and set a new price target of $25.00 from $30.00 previously
DA Davidson downgraded Columbia Banking from Buy to Neutral and set a new price target of $25.00 from $32.00 previously
Stephens downgraded Columbia Banking from Overweight to Equal-Weight and set a new price target of $24.00 from $31.00 previously
Raymond James downgraded Columbia Banking from Strong Buy to Outperform and set a new price target of $25.00
Citigroup initiated coverage of Columbia Banking with a rating of Neutral and set a new price target of $23.00
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4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
4 - COLUMBIA BANKING SYSTEM, INC. (0000887343) (Issuer)
Nearly half of businesses expect the economy to improve in the next 12 months, including 60% of middle market companies and 44% of small businesses—a four-year high Small Business: 12-month outlook jumps 14 points; key growth indicators rebound from 2024Middle Market: Strong optimism persists as 69% prioritize growth over cost-cutting Tariff Impact: 5 in 10 plan to stockpile inventory, absorb cost increasesGenerative AI: Adoption leading to increased staffing levelsCybersecurity: 3 in 10 feel very well prepared to prevent attacksTACOMA, Wash., June 17, 2025 /PRNewswire/ -- Umpqua Bank today released the findings of its seventh annual Business Barometer, a nationwide study into the mindset an
TACOMA, Wash., May 16, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.36 per common share, payable June 16, 2025, to shareholders of record as of May 30, 2025. About ColumbiaColumbia (NASDAQ:COLB) is headquartered in Tacoma, Washington and is the parent company of Umpqua Bank, an award-winning western U.S. regional bank based in Lake Oswego, Oregon. Umpqua Bank is the largest bank headquartered in the Northwest and o
LAKE OSWEGO, Ore., May 15, 2025 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (NASDAQ:COLB), today announced the appointment of Judi Giem to serve as Executive Vice President, Chief Human Resource Officer, effective June 2, 2025. As a member of Umpqua Bank's executive leadership team, Giem will oversee the bank's full human resource function, including talent recruiting and retention, professional development, compensation and benefits and succession planning. Following the completion of a recently proposed acquisition of Pacific Premier Bank, an
TACOMA, Wash., April 23, 2025 /PRNewswire/ -- $87 million $140 million $0.41 $0.67 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1 CEO Commentary "Our consistent, repeatable performance in 2024 carried through to the first quarter of 2025," said Clint Stein, President and CEO. "Although the global environment is rife with uncertainty, our operations remain steadfast. Our consistent approach to banking is a key contributor to Columbia's success through business and credit cycles, and our teams' dedication to fo
Natural Combination of the Western Region's Leading Business Banks Builds Market Presence and Drives Financial Performance TACOMA, Wash. and IRVINE, Calif., April 23, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Umpqua Bank, and Pacific Premier Bancorp, Inc. ("Pacific Premier") (Nasdaq: PPBI), the parent company of Pacific Premier Bank, National Association, jointly announced today that they have entered into a definitive merger agreement, pursuant to which Columbia will acquire Pacific Premier in an all-stock transaction. The combined company will have approximately $70 billion in assets and will be a market leader in the largest banki
TACOMA, Wash., March 31, 2025 /PRNewswire/ -- Columbia Banking System, Inc. (", Columbia", ("Columbia" NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release first quarter 2025 financial results on Thursday, April 24, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's first quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PIN
TACOMA, Wash., Feb. 24, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 46th Annual Institutional Investors Conference on Monday, March 3, 2025, at 4:00 p.m. ET. Mr. Stein is also scheduled to present at the 2025 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 5, 2025, at 2:40 p.m. ET. A live audiocast of each event, which may contain forward-looking statements, as well as audio replays will be available in the "News & Market
TACOMA, Wash., Feb. 14, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.36 per common share, payable March 17, 2025, to shareholders of record as of February 28, 2025. About ColumbiaColumbia (NASDAQ:COLB) is headquartered in Tacoma, Washington and is the parent company of Umpqua Bank, an award-winning western U.S. regional bank based in Lake Oswego, Oregon. Umpqua Bank is the largest bank headquartered in the Northwes
TACOMA, Wash., Jan. 23, 2025 /PRNewswire/ -- $143 million $150 million $0.68 $0.71 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1 CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financial position but also supported our commitment to deliver exceptional value to our customers and share
TACOMA, Wash., Dec. 31, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release fourth quarter 2024 financial results on Thursday, January 23, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's fourth quarter 2024 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or reg