A bank holding company whose wholly owned banking subsidiaries, Columbia State Bank and Bank of Astoria, conduct full-service commercial banking.
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Columbia Banking System (NASDAQ:COLB) posted its quarterly earnings results on Thursday. The financial services provider reported $0.71 EPS for the quarter, beating the consensus estimate of $0.63 by $0.08, Briefing.com reports. Columbia Banking System had a return on equity of 9.20% and a net margin of 30.92%.
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BidaskClub upgraded shares of Columbia Banking System (NASDAQ:COLB) from a sell rating to a hold rating in a report published on Tuesday, BidAskClub reports. Other equities research analysts have also issued research reports about the stock. DA Davidson lowered shares of Columbia Banking System from a buy rating to a neutral rating and cut.
Columbia Banking System (COLB) Cut to Hold at BidaskClub A number of other research firms have also recently commented on COLB. BidaskClub cut Columbia Banking System from a "hold" rating to a "sell" rating in a research note on Saturday, March 9th.
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Columbia Banking System (NASDAQ:COLB) was upgraded by analysts at ValuEngine from a "sell" rating to a "hold" rating in a report issued on Wednesday, ValuEngine reports. A number of other analysts have also recently weighed in on COLB. BidaskClub cut Columbia Banking System from a "buy" rating to a "hold" rating in a research report [.]
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