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Wednesday, December 6, 2023

There’s No Getting Around Columbia Banking System, Inc. (NASDAQ: COLB) Success

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Columbia Banking System, Inc. (COLB) shows that investor sentiment remained same, with the stock’s consolidated last price to $22.89. The Columbia Banking System, Inc. has recorded 249,549 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Columbia Banking System Announces $0.36 Per Common Share Dividend.

Stocks Info

COLB belongs to the Financial sector of the NASDAQ while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $22.89 and fluctuated between $23.14 as its day high and $22.61 as its day low. The current market capitalization of Columbia Banking System, Inc. is $4.77B. A total of 1.48 million shares were traded on the day, compared to an average of 1.58M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, COLB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 135 BUYs and 75 SELLs from insiders. Insiders purchased 542,951 shares during that period but sold 126,103.

In the most recent transaction, BARUFFI KUMI YAMAMOTO bought 854 shares of COLB for 18.25 per share on Jun 30. After the transaction, the General Counsel, Corporate Sec now owns 43,511 company shares. In a previous transaction on Jun 30, Deer Aaron James bought 854 shares at 18.25 per share. COLB shares that Chief Strategy/Innovation Offc owns now total 36,144.

Among the insiders who bought shares, EERKES CRAIG D acquired of 2,381 shares on May 24 at a per-share price of $21.01. This resulted in the Director holding 29,022 shares of COLB after the transaction. In another insider transaction, Lawson David C bought 264 shares at $26.84 per share on Dec 30. Company shares held by the EVP Chief H.R. Officer now total 21,212.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Columbia Banking System, Inc. pays an annual dividend of $1.37, resulting in a dividend yield of 5.99%, and it has a price to earnings (P/E) ratio of 11.00. COLB’s most recent ex-dividend date was 11/22/2023 when it declared a $0.36 quarterly dividend that was paid in cash on 12/11/2023. Previously, the company paid the dividend on 9/11/2023 with an ex-dividend date of 8/24/2023. The COLB stock dividend was $0.36 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for COLB in the last 3 months, the mean price target is $24.50 with high estimates of $30.00 and low estimates of $20.00. In terms of 52-week highs and lows, COLB has a high of $35.10 and a low of $17.54.

As of this writing, COLB has an earnings estimate of $0.79 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.73. The company reported an EPS of $0.81 in the last quarter, which was -12.90% lower than expectations of $0.93.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $22.21, while its Total Shareholder’s Equity was $2.75B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COLB is Buy with a score of 3.82.

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