Short interest for Columbia Banking System gives investors a sense of the degree to which investors are betting on the decline of Columbia Banking System's stock. Short interest data is updated every two weeks.

Columbia Banking System Stock (NASDAQ:COLB), Short Interest Report

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.

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Columbia Banking System, Inc. - Common Stock

Columbia Banking System Inc

<p>Wedbush  analyst David Chiaverini   reiterates Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Neutral and maintains $20 price target.</p>


Reiteration

Wedbush Reiterates Neutral on Columbia Banking System, Maintains $20 Price Target

<p>Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) in the last three months.</p>
<p>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.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>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. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714140062_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>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.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$21.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Timur Braziler</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$22.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$21.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Christopher Mcgratty</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$23.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Ben Gerlinger</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jeff Rulis</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Columbia Banking System. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Columbia Banking System compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for Columbia Banking System's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>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.</p>
<p><a href="https://www.benzinga.com/quote/COLB/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Columbia Banking System analyst ratings.</strong></a></p>
<h2>All You Need to Know About Columbia Banking System</h2>
<p>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.</p>
<h3>Unraveling the Financial Story of Columbia Banking System</h3>
<p><strong>Market Capitalization Analysis:</strong> With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.</p>
<p><strong>Revenue Growth:</strong> 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 <strong>52.53%</strong>. 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.</p>
<p><strong>Net Margin:</strong> Columbia Banking System's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of <strong>18.02%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Columbia Banking System's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of <strong>1.94%,</strong> the company may encounter challenges in delivering satisfactory returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of <strong>0.18%,</strong> the company may need to address challenges in generating satisfactory returns from its assets.</p>
<p><strong>Debt Management:</strong> Columbia Banking System's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.9</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<h2>What Are Analyst Ratings?</h2>
<p>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.</p>
<p>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.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Demystifying Columbia Banking System: Insights From 9 Analyst Reviews

<p>Barclays  analyst Jared Shaw   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Equal-Weight and raises the price target from $20 to $21.</p>


Barclays Maintains Equal-Weight on Columbia Banking System, Raises Price Target to $21

<p>Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) reported quarterly earnings of $0.65 per share which beat the analyst consensus estimate of $0.53 by 22.64 percent. This is a 41.3 percent increase over earnings of $0.46 per share from the same period last year.  The company reported quarterly sales of $473.719 million which missed the analyst consensus estimate of $480.364 million by 1.38 percent.  This is a 10.31 percent increase over sales of $429.433 million the same period last year.</p>


Earnings

Earnings Beats

Earnings Misses

Columbia Banking System Q1 2024 Adj EPS $0.65 Beats $0.53 Estimate, Sales $473.719M Miss $480.364M Estimate

<p>Wells Fargo  analyst Timur Braziler   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Equal-Weight and lowers the price target from $25 to $22.</p>


Wells Fargo Maintains Equal-Weight on Columbia Banking System, Lowers Price Target to $22

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GBCI

GLBZ

ITUB

Shares of companies in the broader financial sector are trading lower as stocks fall after hotter-than-expected March inflation data, which has caused rate cut uncertainty.

<p>RBC Capital  analyst Jon Arfstrom   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Sector Perform and lowers the price target from $25 to $21.</p>


RBC Capital Maintains Sector Perform on Columbia Banking System, Lowers Price Target to $21

<p>Keefe, Bruyette &amp; Woods  analyst Christopher Mcgratty   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Market Perform and lowers the price target from $25 to $23.</p>


Keefe, Bruyette & Woods Maintains Market Perform on Columbia Banking System, Lowers Price Target to $23

<p>15 analysts have expressed a variety of opinions on Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.</p>
<p>The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">13</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $23.23, a high estimate of $29.00, and a low estimate of $20.00. Observing a downward trend, the current average is 17.04% lower than the prior average price target of $28.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1712235668_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>The analysis of recent analyst actions sheds light on the perception of Columbia Banking System by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$22.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Brandon King</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$20.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Ben Gerlinger</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jeff Rulis</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$20.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>-</td>
</tr>
<tr>
<td>Brody Preston</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.50</td>
<td>$28.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Ben Gerlinger</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Jeff Rulis</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Andrew Terrell</td>
<td>Stephens &amp; Co.</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Mcgratty</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$25.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Matthew Clark</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$29.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>David Feaster</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$25.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Columbia Banking System. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Columbia Banking System compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Columbia Banking System's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Columbia Banking System's market standing. Stay informed and make well-considered decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/COLB/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Columbia Banking System analyst ratings.</strong></a></p>
<h2>Discovering Columbia Banking System: A Closer Look</h2>
<p>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.</p>
<h3>Columbia Banking System's Financial Performance</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.</p>
<p><strong>Positive Revenue Trend:</strong> Examining Columbia Banking System's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>52.53%</strong> as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Columbia Banking System's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>18.02%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Columbia Banking System's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>1.94%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Columbia Banking System's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of <strong>0.18%,</strong> the company may face hurdles in generating optimal returns from its assets.</p>
<p><strong>Debt Management:</strong> Columbia Banking System's debt-to-equity ratio stands notably higher than the industry average, reaching <strong>0.9</strong>. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.</p>
<p>Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.</p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Beyond The Numbers: 15 Analysts Discuss Columbia Banking System Stock

<p>JP Morgan  analyst Steven Alexopoulos   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Neutral and lowers the price target from $23 to $22.</p>


JP Morgan Maintains Neutral on Columbia Banking System, Lowers Price Target to $22

<p>Truist Securities  analyst Brandon King   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Hold and lowers the price target from $22 to $20.</p>


Truist Securities Maintains Hold on Columbia Banking System, Lowers Price Target to $20

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Shares of companies in the broader financial services sector are trading higher after the Fed left rates unchanged.

<p>On CNBC&rsquo;s &quot;<a href="https://www.cnbc.com/video/2024/03/14/final-trades-live-nation-estee-lauder-alphabet-and-columbia-banking.html">Halftime Report Final Trades</a>,&quot; <strong> Joshua Brown</strong> of Ritholtz Wealth Management said <strong> Live Nation Entertainment, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lyv#NYSE">LYV</a>) surged to a fresh 52-week high. The stock is looking&nbsp;<a href="https://www.benzinga.com/news/earnings/24/02/37273654/live-nation-entertainment-q4-earnings-highlights-taylor-swift-effect-continues-with-record-attendan"> &quot;really good,&quot; he added. </a></p>
<p>On Feb. 22, Live Nation reported fourth-quarter revenue of $5.84 billion, which was up 36% year-over-year. The revenue beat a Street consensus estimate of $4.77 billion according to data from Benzinga Pro. The company reported adjusted earnings per share of $1.37, which beat a Street estimate of a loss of $1.03 per share.</p>
<p><strong>Brenda Vingiello</strong> of Sand Hill Global Advisors named <strong> The Est&eacute;e Lauder Companies Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/el#NYSE">EL</a>) as her final trade.</p>
<p>On Feb. 5, Estee Lauder reported better-than-expected second-quarter financial results and announced a restructuring program, which included an estimated net reduction of roughly 3% to 5% of its positions as of June 30, 2023.</p>
<p><em>Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em></p>
<p><strong>Bill Baruch </strong> of Blue Line Capital picked <strong> Alphabet Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>).</p>
<p>Alphabet&rsquo;s autonomous driving unit, Waymo, announced plans to offer public driverless rides in Austin, Texas, later this year, directly <a href="https://www.benzinga.com/news/24/03/37688183/alphabets-waymo-is-coming-to-teslas-backyard-with-driverless-rides-later-this-year">targeting Tesla&lsquo;s home turf</a>.</p>
<p><strong>Jenny Van Leeuwen Harrington</strong> of Gilman Hill Asset Management, LLC named <strong> Columbia Banking System, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/colb#NASDAQ">COLB</a>).</p>
<p>On March 13, DA Davidson analyst Jeff Rulis maintained Columbia Banking System with a Neutral rating and lowered the price target from $25 to $20. Citigroup analyst Ben Gerlinger maintained a Neutral rating on the stock and lowered the price target from $25 to $20.</p>
<p><strong>Price Action:</strong></p>
<ul>
<li>Live Nation Entertainment shares fell 0.8% to close at $103.41 on Thursday.</li>
<li>Est&eacute;e Lauder fell 3.2% to $152.84 during Thursday&rsquo;s session.</li>
<li>Alphabet shares rose 2.5% to settle at $144.34 on Thursday.</li>
<li>Columbia Banking System shares fell 4.2% to close at $18.46 on Thursday.</li>
</ul>
<p>Check This Out: <a href="https://www.benzinga.com/news/24/03/37699843/top-3-health-care-stocks-that-are-ticking-portfolio-bombs"><em> Top 3 Health Care Stocks That Are Ticking Portfolio Bombs </em></a></p>
<p><em>Image created using artificial intelligence with Midjourney.</em></p>


Alphabet, Live Nation Entertainment, Estée Lauder And A Bank Stock On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Live Nation Entertainment, Columbia Banking System, Alphabet Inc. - Class C, Estee Lauder

<p>Citigroup  analyst Ben Gerlinger   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Neutral and lowers the price target from $25 to $20.</p>


Citigroup Maintains Neutral on Columbia Banking System, Lowers Price Target to $20

<p>DA Davidson  analyst Jeff Rulis   maintains Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Neutral and lowers the price target from $25 to $20.</p>


DA Davidson Maintains Neutral on Columbia Banking System, Lowers Price Target to $20

<p>On March 11, 2024, <b>Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>)</b> will distribute a dividend payout of $0.36 per share, equating to an annualized dividend yield of 7.67%. Shareholders who owned the stock before the ex-dividend date on February 22, 2024 will receive this payout.</p>
<h3>Columbia Banking System Recent Dividend Payouts</h3>
<style>
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        th, td {
            padding: 8px;
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        th {
            background-color: #293a5a;
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        .dividend-frequency {
            font-size: 12px;
            color: #6c757d;
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    </style><table>
<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-22</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>7.67%</td>
<td>2024-02-09</td>
<td>2024-02-23</td>
<td>2024-03-11</td>
</tr>
<tr>
<td>2023-11-22</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>7.03%</td>
<td>2023-11-13</td>
<td>2023-11-24</td>
<td>2023-12-11</td>
</tr>
<tr>
<td>2023-08-24</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>6.71%</td>
<td>2023-08-14</td>
<td>2023-08-25</td>
<td>2023-09-11</td>
</tr>
<tr>
<td>2023-05-30</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>7.81%</td>
<td>2023-05-15</td>
<td>2023-05-31</td>
<td>2023-06-15</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>4.19%</td>
<td>2023-01-24</td>
<td>2023-02-06</td>
<td>2023-02-21</td>
</tr>
<tr>
<td>2022-10-14</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>3.94%</td>
<td>2022-10-05</td>
<td>2022-10-17</td>
<td>2022-10-28</td>
</tr>
<tr>
<td>2022-08-02</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>3.96%</td>
<td>2022-07-21</td>
<td>2022-08-03</td>
<td>2022-08-17</td>
</tr>
<tr>
<td>2022-05-03</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>3.84%</td>
<td>2022-04-21</td>
<td>2022-05-04</td>
<td>2022-05-18</td>
</tr>
<tr>
<td>2022-02-01</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>3.31%</td>
<td>2022-01-19</td>
<td>2022-02-02</td>
<td>2022-02-16</td>
</tr>
<tr>
<td>2021-10-12</td>
<td style="text-align: right;">4</td>
<td>$0.3</td>
<td>3.11%</td>
<td>2021-09-30</td>
<td>2021-10-13</td>
<td>2021-10-27</td>
</tr>
<tr>
<td>2021-08-10</td>
<td style="text-align: right;">4</td>
<td>$0.28</td>
<td>3.22%</td>
<td>2021-07-29</td>
<td>2021-08-11</td>
<td>2021-08-25</td>
</tr>
<tr>
<td>2021-05-11</td>
<td style="text-align: right;">4</td>
<td>$0.28</td>
<td>2.55%</td>
<td>2021-04-29</td>
<td>2021-05-12</td>
<td>2021-05-26</td>
</tr>
</tbody>
</table>
<p>In terms of dividend yield, Columbia Banking System finds itself in the middle ground among its industry peers, while <b>TFS Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TFSL#NASDAQ">TFSL</a>)</b> takes the lead with the highest annualized dividend yield at 8.82%.</p>
<h3>Analyzing Columbia Banking System Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710169529_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2021 and 2023. The dividend per share rose from $1.14 to $1.38, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For Columbia Banking System</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1710169529_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in Columbia Banking System's earnings per share, from $1.99 in 2021 to $2.94 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>This article provides an in-depth analysis of Columbia Banking System's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.36 per share, resulting in an annualized dividend yield of 7.67%.</p>
<p>In terms of dividend yield, Columbia Banking System finds itself in the middle ground among its industry peers, while TFS Financial takes the lead with the highest annualized dividend yield at 8.82%.</p>
<p>Given that Columbia Banking System has experienced an increase in dividend per share from 2021 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

TFSL

Elevating Investor Returns: Columbia Banking System Delivers Strong Performance and Growing Profits

<p>Analysts' ratings for Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) over the last quarter vary from bullish to bearish, as provided by 11 analysts.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $24.23, a high estimate of $29.00, and a low estimate of $20.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 19.56%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1709899210_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>A clear picture of Columbia Banking System's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jared Shaw</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>-</td>
</tr>
<tr>
<td>Brody Preston</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$21.50</td>
<td>$28.00</td>
</tr>
<tr>
<td>Steven Alexopoulos</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$23.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Ben Gerlinger</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
<tr>
<td>Jeff Rulis</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Andrew Terrell</td>
<td>Stephens &amp; Co.</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$24.00</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Mcgratty</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$25.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Matthew Clark</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$29.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>David Feaster</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$25.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> 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.</li>
<li><strong>Rating:</strong> Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Columbia Banking System compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
<p>To gain a panoramic view of Columbia Banking System's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/COLB/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Columbia Banking System analyst ratings.</strong></a></p>
<h2>Unveiling the Story Behind Columbia Banking System</h2>
<p>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.</p>
<h3>Key Indicators: Columbia Banking System's Financial Health</h3>
<p><strong>Market Capitalization Analysis:</strong> The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.</p>
<p><strong>Revenue Growth:</strong> Columbia Banking System displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately <strong>52.53%</strong>. This indicates a notable 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.</p>
<p><strong>Net Margin:</strong> Columbia Banking System's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of <strong>18.02%,</strong> the company may face hurdles in effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> Columbia Banking System's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of <strong>1.94%,</strong> the company may face hurdles in generating optimal returns for shareholders.</p>
<p><strong>Return on Assets (ROA):</strong> Columbia Banking System's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of <strong>0.18%,</strong> the company may face hurdles in achieving optimal financial returns.</p>
<p><strong>Debt Management:</strong> Columbia Banking System's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>0.9</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>The Basics of Analyst Ratings</h2>
<p>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. </p>
<p>Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Unveiling 11 Analyst Insights On Columbia Banking System

<p>Barclays  analyst Jared Shaw   initiates coverage on Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) with a Equal-Weight rating and announces Price Target of $20.</p>


Initiation

Barclays Initiates Coverage On Columbia Banking System with Equal-Weight Rating, Announces Price Target of $20

<p><strong>New York Community Bancorp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>) finds itself in the eye of the storm once again. </p>
<p>On Thursday, the bank publicly acknowledged a &#8220;material weakness&#8221; in its internal controls concerning loan review processes. This admission was accompanied by a major leadership change at the top, highlighting a period of <a href="https://www.benzinga.com/news/24/02/37408849/new-york-community-bancorp-stock-nosedives-after-bank-identifies-material-weakness-in-internal-contr">upheaval for the company.</a></p>
<p>The bank cited &#8220;ineffective oversight, risk assessment, and monitoring activities&#8221; as the root of the issues and promised to outline a remediation plan in its forthcoming annual report to the U.S. Securities and Exchange Commission within the next 15 days.</p>
<p><strong>Thomas R. Cangemi</strong>, the former CEO, stepped down immediately after 27 years at the helm of the bank but will continue to serve on the board. The bank has appointed <strong>Alessandro DiNello</strong> as the new President and CEO and <strong>Marshall Lux</strong> as the Presiding Director of the Board.</p>
<p>Following these announcements, New York Community&#8217;s shares plummeted by over 20% shortly after the market opened on Friday. The move dragged down the broader regional bank industry, with the <strong>SPDR</strong> <strong>Regional Banking ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) down over 3%. </p>
<p>Among the holdings in the KRE ETF, the table below shows the worst-performing regional bank stocks, excluding NYCB, at 10 a.m. ET on Friday.</p>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Name</strong></td>
<td><strong>1-Day</strong> <strong>Chg %</strong></td>
</tr>
<tr>
<td><strong>Metropolitan Bank Holding Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCB#NASDAQ">MCB</a>)</td>
<td>-5.02%</td>
</tr>
<tr>
<td><strong>Flushing Financial Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NASDAQ">FFIC</a>)</td>
<td>-4.28%</td>
</tr>
<tr>
<td><strong>Dime Community Bancshares</strong> <strong>Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCOM#NASDAQ">DCOM</a>)</td>
<td>-4.27%</td>
</tr>
<tr>
<td><strong>First Foundation Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFWM#NYSE">FFWM</a>) </td>
<td>-4.16%</td>
</tr>
<tr>
<td><strong>Valley National Bancorp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NASDAQ">VLY</a>)</td>
<td>-4.15%</td>
</tr>
<tr>
<td><strong>Axos Financial, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AX#NYSE">AX</a>)</td>
<td>-3.86%</td>
</tr>
<tr>
<td><strong>M&amp;T Bank Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</td>
<td>-3.63%</td>
</tr>
<tr>
<td><strong>Pinnacle Financial Partners, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>)</td>
<td>-3.60%</td>
</tr>
<tr>
<td><strong>Columbia Banking System, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>)</td>
<td>-3.54%</td>
</tr>
<tr>
<td><strong>Western Alliance Bancorporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>)</td>
<td>-3.43%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<h3 class="wp-block-heading">NYCB Tumbles: Analyst Reactions</h3>
<p>&#8220;Uncertainty is the enemy of bank stock investing. And, without a doubt, the situation feels a bit uncertain at NYCB right now,&#8221; Piper Sandler analyst Mark Fitzgibbon, said. The analyst described the control weaknesses as the &#8220;most worrisome&#8221; issue, leading him to downgrade the stock from Overweight to Neutral. Piper Sandler expressed concern over potential further issues under the new leadership.</p>
<p>JPMorgan maintained a Neutral rating on the stock, citing a risk profile that remains outside a &#8220;comfort zone.&#8221;</p>
<p>David J. Chiaverini, CFA from Wedbush, highlighted that the internal control review might necessitate additional reserves, especially for the company&#8217;s exposure to NYC&#8217;s rent-regulated multifamily sector. Consequently, Wedbush lowered its core EPS estimates for 2024/2025 from 80 cents/90 cent to 55 cents/65 cents and reduced the price target from $5 to $3.50.</p>
<h3 class="wp-block-heading">NYCB Tumbles: Regional Bank Movers</h3>
<p>The issues at NYCB have raised broader concerns about the banking sector&#8217;s exposure to real estate loans, particularly to the office-related sector. </p>
<p>According to a recent <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/36967797/new-york-community-bancorp-plummets-to-26-year-lows-on-commercial-real-estate-fears">Goldman Sachs analysis</a>, NYCB&#8217;s commercial real estate loans make up 56% of its total loan portfolio, significantly higher than the 18% average for the regional banks under their coverage.</p>
<p>Other banks with a substantial commercial real estate exposure – above 20% of total loans – include <strong>First Hawaiian Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FHB#NASDAQ">FHB</a>), <strong>Synovus Financial Corp.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNV#NYSE">SNV</a>),<strong> United Bankshares Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBSI#NASDAQ">UBSI</a>), <strong>First Horizon Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), and <strong>Citizens Financial Group, Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CFG#NYSE">CFG</a>). </p>
<p><em>Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37217267/banking-giants-confront-rising-delinquencies-in-commercial-real-estate-sector">Banking Giants Confront Rising Delinquencies In Commercial Real Estate Sector</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Columbia Banking System Non-GAAP EPS of $0.65 beats by $0.12, revenue of $473.72M misses by $4.77M

The latest update is out from Columbia Banking System (COLB). Columbia Banking System, Inc. is set to present an investor slide presentation in lin...

Columbia Banking System Schedules Investor Presentation Event

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Columbia Banking System</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/colb-stock-quote/"><strong>COLB</strong></a></span>) just reported results for the first quarter of 2024.</p><ul><li>Columbia Banking System reported earnings per share of 65 cents. This was above the analyst estimate for EPS of 53 cents.</li><li>The company reported revenue of $473.72 million.</li><li>This was 1.38% worse than the analyst estimate for revenue of $480.36 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/04/colb-stock-earnings-columbia-banking-system-for-q1-of-2024/">COLB Stock Earnings: Columbia Banking System Beats EPS, Misses Revenue for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

COLB Stock Earnings: Columbia Banking System Beats EPS, Misses Revenue for Q1 2024

Columbia Banking System, Inc. (COLB) Q1 2024 Earnings Call Transcript

In a report released yesterday, Christopher Mcgratty from KBW maintained a Hold rating on Columbia Banking System (COLB – Research Report), with a ...

KBW Keeps Their Hold Rating on Columbia Banking System (COLB)

Analysts have been eager to weigh in on the Financial sector with new ratings on Tradeweb Markets (TW – Research Report), Bread Financial Holdings ...

Analysts Have Conflicting Sentiments on These Financial Companies: Tradeweb Markets (TW), Bread Financial Holdings (BFH) and Columbia Banking System (COLB)

Analysts fell to the sidelines weighing in on Principal Financial (PFG – Research Report) and Columbia Banking System (COLB – Research Report) with...

Analysts Are Neutral on Top Financial Stocks: Principal Financial (PFG), Columbia Banking System (COLB)

RBC Capital analyst Jon Arfstrom maintained a Hold rating on Columbia Banking System (COLB – Research Report) yesterday and set a price target of $...

RBC Capital Reaffirms Their Hold Rating on Columbia Banking System (COLB)

Wedbush analyst David Chiaverini has maintained their neutral stance on COLB stock, giving a Hold rating today. David Chiaverini has given his Hold...

Balanced Outlook: Hold Rating on Columbia Banking System Amid Mixed Performance and Cost-Saving Initiatives

Piper Sandler analyst Matthew Clark maintained a Buy rating on Columbia Banking System (COLB – Research Report) today and set a price target of $25...

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Columbia Banking System Stock (NASDAQ:COLB), Short Interest Report

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