Barclays Raises Price Target on Columbia Banking System
Barclays maintained its 'Equal-Weight' rating on Columbia Banking System while increasing the price target to $34 from $32.
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Bank of America Securities identified Columbia Banking System (COLB) as a top pick in the mid-cap banking sector, citing visible net interest margin support and attractive valuation.
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Barclays maintained its 'Equal-Weight' rating on Columbia Banking System while increasing the price target to $34 from $32.
Columbia Banking announced a new $1.2 billion share repurchase program and demonstrated strong operational execution with 11 consecutive quarters of predictable earnings. The company reduced wholesale funding by $1.5 billion through customer deposit growth, expanding net interest margins, while commercial loans now represent 43% of the loan portfolio. The bank's focus on full commercial relationships rather than single transactions is driving higher-margin fee income.
Filed: 2026-10-27 AccNo: 0001193125-26-434182 Size: 161 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
TD Cowen has increased its price target for Columbia Banking System (COLB) to $33.
Columbia Banking System, Inc. announced its upcoming participation in the BancAnalysts Association of Boston Conference, with a presentation scheduled for November 6, 2026.