NASDAQ: COLB

Columbia Banking System (COLB) Stock Analysis & Forecast

Sep 28 close

$29.06−0.58 (−2.0%)

Gekko Brief

AI summary

Columbia Banking System's week centered on its Q2 2026 results and follow-on capital moves. The company reported EPS of $0.76 (operating), beating the $0.73 consensus estimate, with operating pre-provision net revenue and net income up 30% and 36% year-over-year following the Pacific Premier acquisition, average earning assets of $60.3 billion, and net interest margin of 3.93%. Revenue of $677.00 million missed expectations by $10.40 million, and the stock later slipped 1.44% to $28.92 after a $250 million subordinated note issue raised questions about capital strength and operating efficiency. Piper Sandler's Matthew Clark maintained a Buy rating with a $36.00 price target.

Shares closed at $29.06, down 2%, sitting between the 50-day average of $30.81 and the 200-day average of $29.82, with a one-month return of -5.3% and a three-month return of -9.2%, against a six-month gain of 8.8% and a one-year gain of 12.6%. The GekkoIndex reads 64, placing the stock in the Accumulation zone. Price sits 9.6% below Gekko Fair Value of $32.14.

The next earnings date is 29 October 2026, 30 days out and beyond a typical 20-trading-day holding window. Consensus among 11 firms shows 5 buy and 6 hold ratings, with a consensus target of $34.14 and consensus upside of 17.5%. Seasonality over 5 years shows an average 20-day return of 0.4%, rising in 3 of those years. No insider, Congress, or unusual options activity appears in the current windows.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Columbia Banking System price vs fair value

$32.14$29.06Sep ’25Mar ’26Sep ’26
Close $29.06200-day averageGekko Fair Value $32.14

Columbia Banking System quick facts

Market cap
$8.22B
P/E ratio
11.7
Forward P/E
8.6
EPS, TTM
$2.54
Revenue, TTM
$2.51B
Profit margin
28.4%
Dividend yield
5.04%
Beta
0.65
Volume
2.05M avg 2.91M
1-year return
+12.6%
Typical daily move
±2.2%
Typical 20-day move
±6%
50-day average
$30.81
200-day average
$29.82
Next earnings
Oct 29 after close
Shares outstanding
282.9M
52-week range
$23.83$33.67

Columbia Banking System swing-trade checklist

Columbia Banking System scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $29.06 sits between the 50-day ($30.81) and 200-day ($29.82) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64, Accumulation

    Reading 64 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.6% below

    Price is 9.6% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +0.4% on average

    From this point in the calendar, the next 20 trading days averaged +0.4% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Columbia Banking System stock chart and price history

Columbia Banking System closed at $29.06 on Sep 28, 2026, +12.6% over the past year, inside a 52-week range of $23.83 to $33.67.

Close50-day average200-day averageVolume
Columbia Banking System share price, past year, with 50-day and 200-day moving averages and volume$24$26$28$30$32$34NovDecJan 2026FebMarAprMayJunJulAugSep29.06

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−5.3%
3 months
−9.2%
6 months
+8.8%
1 year
+12.6%
The full COLB chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open COLB in Gekko

Follow Columbia Banking System through every session

Put COLB on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track COLB in GekkoFree for 7 days. No credit card required.

About Columbia Banking System

Columbia Banking System is the holding company behind Columbia Bank, offering everyday banking alongside private banking and mortgage services across the United States. It is recognized for a broad deposit lineup, spanning checking, savings, money market and cash sweep accounts, as well as certificates of deposit, and for a commercial lending arm that covers credit lines, term loans, equipment and property financing, construction lending and trade finance.

Beyond core deposits and loans, the company runs wealth management services covering financial planning, investing, trust work, insurance and private banking, plus a treasury management unit handling digital payments, wire transfers, cash management and international banking tools for businesses. Its customer base includes corporations, institutions, small businesses and individual consumers, and it also extends residential and consumer loans to households.

Columbia Banking System traces back to 1953 and operates out of Tacoma, Washington. Its shares are listed on the NASDAQ under the ticker COLB.

Listed
NASDAQ
Sector
Finance
Industry
Regional banks
Website
columbiabankingsystem.com

Columbia Banking System GekkoIndex: the smart money zone

Columbia Banking System’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64, in the Accumulation zone, down 0.7 points over five sessions.

010064Accumulation

Down 0.7 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying47−0.5%+0.5%+1.3%+0.9%
Accumulation (current zone)179+0.4%+1.2%+3.2%+6.5%
Neutral413+0.4%+0.5%+1.2%+4.6%
Distribution32−0.9%−1.1%−3.5%−2.0%
Selling1Too few readings yet

Average COLB share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the COLB price, zone by zone.Track COLB in Gekko

Is Columbia Banking System stock overvalued? Gekko Fair Value

Columbia Banking System trades 9.6% below Gekko Fair Value of $32.14, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Columbia Banking System shares are worth, recalculated every trading day.

$32.14

Gekko Fair Value, Sep 29, 2026

9.6% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open COLB in Gekko

Columbia Banking System insider and Congress trading

No open-market insider purchases were filed for Columbia Banking System, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for COLB in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every COLB insider filing, plotted on the chart in Gekko.Open COLB in Gekko

Congress trades last 90 days

No trades in COLB were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for COLB, plotted on the chart in Gekko.Open COLB in Gekko

Buybacks

Columbia Banking System has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$203.0M
As a share of market cap
2.47%
Trailing four quarters
$518.4M

From company filings.

Columbia Banking System earnings: next date and track record

Columbia Banking System reports on Oct 29, 2026, after the close (30 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±2.5%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+3.0%Oct ’24−2.8%Jan ’25+2.4%Apr ’25+1.8%Jul ’25+1.7%Oct ’25−2.8%Jan ’26+0.8%Apr ’26−4.5%Jul ’26

Last earnings call, Jul 23, 2026 AI summary

What they said
Columbia Banking System reported Q2 2026 EPS of $0.73 (operating EPS $0.76), with operating pre-provision net revenue and net income up 30% and 36% year-over-year following the Pacific Premier acquisition. Average earning assets were $60.3 billion. Net interest margin was 3.93%, flat with Q1 when adjusting for one-time credit-related reversals. The company returned over $300 million to shareholders via dividends and buybacks, and exceeded its PacPremier cost savings target.
Guidance
Management targets continued balance sheet optimization and NIM stability. The company is pursuing targeted efficiency opportunities to fund franchise investment. Leadership expressed a bullish forward outlook, supporting ongoing capital returns and share repurchases.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 23, 2026$0.76
est $0.73
+4.1%$680.0M
est $687.4M
−1.1%−4.5%
Apr 23, 2026$0.72
est $0.69
+4.3%$675.0M
est $677.2M
−0.3%+0.8%
Jan 22, 2026$0.82
est $0.72
+13.9%$715.0M
est $695.3M
+2.8%−2.8%
Oct 30, 2025$0.85
est $0.69
+23.2%$582.0M
est $574.6M
+1.3%+1.7%
Jul 24, 2025$0.76
est $0.66
+15.2%$510.9M
est $493.1M
+3.6%+1.8%
Apr 23, 2025$0.67
est $0.64
+4.7%$491.4M
est $483.3M
+1.7%+2.4%
Jan 23, 2025$0.71
est $0.65
+9.2%$487.1M
est $480.8M
+1.3%−2.8%
Oct 24, 2024$0.69
est $0.61
+13.1%——+3.0%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Columbia Banking System stock forecast and analyst price targets

Analysts’ average 12-month price target for Columbia Banking System is $34.14, +17.5% from the last close, from 11 firms rating the stock in the last 90 days.

$34.14consensus 12-month target, +17.5% from the last close
Low $30High $37
Buy5
Hold6
Sell0

Each firm’s latest rating in the last 90 days: 11 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 23Piper SandlerBuy, maintained$36+23.9%
Sep 22CitiHold, maintained$31+6.7%
Sep 16BarclaysHold, maintained$30+3.2%
Sep 1D.A. DavidsonBuy, upgraded$36+23.9%
Aug 10Wells FargoHold, reiterated$34+17.0%
+3.2%average 20-day move after past Accumulation readings
+0.4%average move over the next 20 trading days in the last 5 years
±2.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Columbia Banking System seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Columbia Banking System averaged +0.4% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−12.2%2021+11.8%2022−5.4%2023+10.2%2024+0.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.1%3 of 5
Next 10 trading days−1.1%3 of 5
Next 15 trading days−1.2%2 of 5
Next 20 trading days+0.4%3 of 5
Next 30 trading days+7.9%4 of 5

For scale, COLB’s typical 20-trading-day move in either direction is about 6%.

Columbia Banking System market cap and key statistics

Columbia Banking System’s market cap is $8.22B, with a P/E ratio of 11.7 and revenue of $2.51B over the last twelve months.

Valuation

Market cap
$8.22B
P/E ratio
11.7
Forward P/E
8.6
EPS, TTM
$2.54
Gekko Fair Value
$32.14

Trading

Volume
2.05M
Avg volume, 20 days
2.91M
52-week high
$33.67
52-week low
$23.83
Shares outstanding
282.9M

Financials

Revenue, TTM
$2.51B
Profit margin
28.4%
Return on equity
11%
Quarterly earnings growth, YoY
+0.2%

Risk and income

Beta
0.65
Typical daily move
±2.2%
Typical 20-day move
±6%
Dividend yield
5.04%

Columbia Banking System peers

Columbia Banking System’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
CMCanadian Imperial Bank of Commerce−0.2%Accumulation4.8% below
USBU.S. Bancorp−0.6%Accumulation10.6% below
NUNu−2.4%Buying24.1% below
TFCTruist Financial−1.0%Buying10.3% below
FITBFifth Third Bancorp−0.5%Accumulation11.5% below
MTBM&T Bank−0.3%Accumulation11.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Columbia Banking System stock FAQ

What is Columbia Banking System’s market cap?

Columbia Banking System’s market cap is $8.22B at the Sep 28, 2026 close of $29.06, with 282.9M shares outstanding. The shares trade on a P/E ratio of 11.7.

What is the Columbia Banking System stock forecast?

The consensus analyst 12-month price target for Columbia Banking System is $34.14, +17.5% from the last close. Of the 11 firms that rated the stock in the last 90 days, 5 rate it a buy, 6 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Columbia Banking System stock overvalued or undervalued?

On Gekko’s estimate Columbia Banking System is undervalued: the Sep 28, 2026 close of $29.06 is 9.6% below Gekko Fair Value of $32.14. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Columbia Banking System report earnings next?

Columbia Banking System is expected to report on Oct 29, 2026, after the market closes (30 days away). Analysts expect earnings of $0.77 per share on revenue of $688.0M. Columbia Banking System beat the earnings estimate in 8 of its last 8 reports, moving 2.5% on average across the report.

What is Columbia Banking System’s 52-week high and low?

Columbia Banking System’s 52-week high is $33.67 and its 52-week low is $23.83; it closed at $29.06 on Sep 28, 2026, +12.6% over the past year. Over the last five years the shares peaked at $40.78 on Oct 11, 2021.

Is Columbia Banking System stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Columbia Banking System the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,380 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.