Columbia Banking System (COLB) Set to Post Quarterly Earnings on Thursday

Columbia Banking System (NASDAQ:COLB) is expected to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.7680 per share and revenue of $687.74 million for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

Columbia Banking System (NASDAQ:COLB) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.03. Columbia Banking System had a net margin of 19.96% and a return on equity of 11.33%. The firm had revenue of $677.00 million for the quarter, compared to analyst estimates of $687.40 million. During the same quarter in the prior year, the business earned $0.76 earnings per share. On average, analysts expect Columbia Banking System to post $3.02 EPS for the current fiscal year and $3.32 EPS for the next fiscal year.

Columbia Banking System Price Performance

Shares of Columbia Banking System stock opened at $28.33 on Tuesday. The firm has a fifty day moving average price of $29.88 and a 200 day moving average price of $30.20. Columbia Banking System has a 1 year low of $24.45 and a 1 year high of $33.67. The stock has a market cap of $8.01 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 0.83 and a beta of 0.66.

Columbia Banking System Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 14th. Shareholders of record on Friday, August 28th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Friday, August 28th. Columbia Banking System’s dividend payout ratio (DPR) is currently 58.96%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on COLB. Barclays lifted their price objective on Columbia Banking System from $30.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, October 5th. Wells Fargo & Company lowered their target price on Columbia Banking System from $34.00 to $32.00 and set an “equal weight” rating on the stock in a research note on Wednesday, September 30th. Deutsche Bank Aktiengesellschaft initiated coverage on Columbia Banking System in a research note on Tuesday, October 13th. They issued a “hold” rating and a $32.00 target price on the stock. JPMorgan Chase & Co. dropped their target price on Columbia Banking System from $35.00 to $33.00 and set a “neutral” rating on the stock in a report on Thursday, October 1st. Finally, Zacks Research upgraded Columbia Banking System from a “strong sell” rating to a “hold” rating in a research report on Monday, August 31st. Five equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Columbia Banking System presently has a consensus rating of “Hold” and a consensus target price of $33.23.

About Columbia Banking System

Columbia Banking System, Inc is a bank holding company headquartered in Tacoma, Washington. It operates through Umpqua Bank, a full-service financial institution serving consumers, businesses, professionals and institutions.

Umpqua Bank provides deposit accounts, residential and commercial lending, business banking, treasury and cash-management services, mortgage banking, personal banking and wealth-management solutions. Its offerings include checking and savings accounts, commercial real estate and business loans, consumer credit, online and mobile banking, and investment and advisory services.

Columbia Banking System traces its roots to the formation of Columbia State Bank in Washington in 1993.