Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Columbia Banking System (NASDAQ:COLB) in the last three months.
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.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 9 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 5 | 0 | 0 |
| 3M Ago | 0 | 2 | 3 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $29.67, a high estimate of $35.00, and a low estimate of $25.00. This current average has increased by 6.92% from the previous average price target of $27.75.
Deciphering Analyst Ratings: An In-Depth Analysis
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 |
|---|---|---|---|---|---|
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $33.00 | $30.00 |
| Brandon King | Truist Securities | Raises | Hold | $30.00 | $28.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $29.00 | $25.00 |
| Jon Arfstrom | RBC Capital | Raises | Sector Perform | $31.00 | $29.00 |
| David Chiaverini | Wedbush | Raises | Outperform | $35.00 | $31.00 |
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $30.00 | $28.00 |
| Steven Alexopoulos | JP Morgan | Lowers | Neutral | $28.00 | $29.00 |
| David Feaster | Raymond James | Raises | Outperform | $28.00 | $26.00 |
| Timur Braziler | Wells Fargo | Raises | Equal-Weight | $28.00 | $26.00 |
| Jared Shaw | Barclays | Raises | Equal-Weight | $25.00 | $24.00 |
| David Chiaverini | Wedbush | Raises | Outperform | $31.00 | $28.00 |
| Brandon King | Truist Securities | Lowers | Hold | $28.00 | $29.00 |
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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Columbia Banking System compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Columbia Banking System's stock. This analysis reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Columbia Banking System's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Columbia Banking System analyst ratings.
Get to Know Columbia Banking System Better
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.
Unraveling the Financial Story of Columbia Banking System
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Columbia Banking System's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -5.43%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower 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 29.45%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Columbia Banking System's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.85% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Columbia Banking System's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.28%, the company showcases efficient use of assets and strong financial health.
Debt Management: Columbia Banking System's debt-to-equity ratio surpasses industry norms, standing at 0.79. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
Understanding the Relevance of Analyst Ratings
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 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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
