What 9 Analyst Ratings Have To Say About Columbia Banking System

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In the latest quarter, 9 analysts provided ratings for Columbia Banking System COLB, showcasing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 8 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 7 0 0

Analysts have recently evaluated Columbia Banking System and provided 12-month price targets. The average target is $22.0, accompanied by a high estimate of $27.00 and a low estimate of $20.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 5.7%.

Analyzing Analyst Ratings: A Detailed Breakdown

The standing of Columbia Banking System among financial experts is revealed through an in-depth exploration 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
Steven Alexopoulos JP Morgan Lowers Neutral $22.00 $23.00
Matthew Clark Piper Sandler Maintains Overweight $27.00 $27.00
David Chiaverini Wedbush Maintains Neutral $20.00 $20.00
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

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Columbia Banking System. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Columbia Banking System compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Columbia Banking System's stock. This comparison reveals trends in analysts' expectations over time.

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.

About Columbia Banking System

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.

Understanding the Numbers: Columbia Banking System's Finances

Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.

Revenue Growth: Columbia Banking System's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 10.31%. This indicates a substantial 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 is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 26.19%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Columbia Banking System's ROE excels beyond industry benchmarks, reaching 2.49%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Columbia Banking System's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.24%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a high debt-to-equity ratio of 0.9, Columbia Banking System faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: What Are They?

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.

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.

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