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Analyst Ratings For Columbia Banking System

Author: Benzinga Insights | June 05, 2024 11:00am

In the last three months, 11 analysts have published ratings on Columbia Banking System (NASDAQ:COLB), offering a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 10 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 4 0 0
3M Ago 0 0 6 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $21.45, a high estimate of $27.00, and a low estimate of $20.00. A 11.03% drop is evident in the current average compared to the previous average price target of $24.11.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Columbia Banking System is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Matthew Clark Piper Sandler Maintains Overweight $27.00 $27.00
David Chiaverini Wedbush Maintains Neutral $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
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 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Columbia Banking System. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Columbia Banking System compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Columbia Banking System's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Columbia Banking System's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Columbia Banking System analyst ratings.

All You Need to Know 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.

Financial Insights: Columbia Banking System

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Columbia Banking System displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 10.31%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 26.19%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.49%, the company may need to address challenges in generating satisfactory 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 0.24%, 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.

Analyst Ratings: What Are They?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: COLB