Columbia Banking System (NASDAQ:COLB – Get Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.12), Briefing.com reports. Columbia Banking System had a return on equity of 9.55% and a net margin of 16.18%. The […]
Columbia Banking System (NASDAQ:COLB – Get Rating) had its target price decreased by equities researchers at Truist Financial from $24.00 to $23.00 in a research report issued to clients and investors on Monday, The Fly reports. Truist Financial’s price objective would indicate a potential upside of 7.68% from the company’s current price. Several other research […]
Columbia Banking System, Inc. (NASDAQ:COLB – Get Rating) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 5,170,000 shares, a growth of 21.9% from the March 15th total of 4,240,000 shares. Based on an average trading volume of 2,830,000 shares, […]
Equities research analysts at StockNews.com initiated coverage on shares of Columbia Banking System (NASDAQ:COLB – Get Rating) in a research note issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock. A number of other research analysts have also recently issued reports on COLB. UBS Group assumed coverage on Columbia […]
MetLife Investment Management LLC decreased its holdings in shares of Columbia Banking System, Inc. (NASDAQ:COLB – Get Rating) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,562 shares of the financial services provider’s stock after selling 721 shares during […]