Last Updated: 19 Sep 2024
Executive Summary
Columbia Banking System Inc. (COLB) is a financial holding company with a market capitalization of $5.29 billion. The company has a strong financial position with a profit margin of 25.6% and a return on equity of 9.66%. The stock is currently trading at $25.23, which is below the analyst target price of $27.27. The short-term outlook for the stock is positive, with analysts expecting the price to rise to $27.00 in the next 12 months. The long-term outlook for the stock is also positive, with analysts expecting the price to rise to $30.00 in the next 3-5 years.
Company Overview
Columbia Banking System Inc. is a banking holding company for Columbia State Bank. The company provides a range of banking services to small and medium-sized businesses, professionals, and individuals in Washington, Oregon, and Idaho. The company is headquartered in Tacoma, Washington.
Fundamental Analysis
Columbia Banking System Inc. has a strong financial position. The company has a profit margin of 25.6% and a return on equity of 9.66%. The company's revenue has grown by an average of 5% per year over the past five years. The company's earnings per share have grown by an average of 10% per year over the past five years.
The company's financial ratios are also strong. The company has a debt-to-equity ratio of 0.5 and a current ratio of 1.2. The company's book value is $23.76 per share.
Technical Analysis
The technical analysis of Columbia Banking System Inc. stock is positive. The stock is trading above its 50-day and 200-day moving averages. The stock is also trading in a bullish channel. The relative strength index (RSI) is above 50, which indicates that the stock is overbought.
Short Term Outlook
The short-term outlook for Columbia Banking System Inc. stock is positive. The stock is trading above its 50-day and 200-day moving averages. The stock is also trading in a bullish channel. The RSI is above 50, which indicates that the stock is overbought. Analysts expect the stock to rise to $27.00 in the next 12 months.
Long Term Outlook
The long-term outlook for Columbia Banking System Inc. stock is also positive. The company has a strong financial position and is expected to continue to grow its revenue and earnings. Analysts expect the stock to rise to $30.00 in the next 3-5 years.
Analyst Recommendations
Analysts have a positive view of Columbia Banking System Inc. stock. The consensus recommendation is "buy." Two analysts have a "buy" rating on the stock, and 10 analysts have a "hold" rating on the stock. No analysts have a "sell" rating on the stock.
