Columbia Banking System, Inc (NASDAQ: COLB) kicked off on Tuesday, up 4.44% from the previous trading day, before settling in for the closing price of $25.7. Over the past 52 weeks, COLB has traded in a range of $19.61-$32.85.
Annual sales at Financial sector company slipped by -0.98% over the past five years. While this was happening, its average annual earnings per share was recorded 4.31%. With a float of $296.98 million, this company’s outstanding shares have now reached $299.17 million.
Columbia Banking System, Inc (COLB) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Columbia Banking System, Inc is 0.73%, while institutional ownership is 70.82%. The most recent insider transaction that took place on Mar 04 ’25, was worth 116,461. In this transaction Senior Executive VP of this company sold 4,481 shares at a rate of $25.99, taking the stock ownership to the 104,869 shares. Before that another transaction happened on Mar 04 ’25, when Company’s Officer proposed sale 4,481 for $25.99, making the entire transaction worth $116,461.
Columbia Banking System, Inc (COLB) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.69 earnings per share (EPS), higher than consensus estimate (set at 0.61) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.92% during the next five years compared to -0.98% drop over the previous five years of trading.
Columbia Banking System, Inc (NASDAQ: COLB) Trading Performance Indicators
Take a look at Columbia Banking System, Inc’s (COLB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.73. Likewise, its price to free cash flow for the trailing twelve months is 15.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.52, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.10 in one year’s time.
Technical Analysis of Columbia Banking System, Inc (COLB)
Columbia Banking System, Inc (NASDAQ: COLB) saw its 5-day average volume 4.69 million, a positive change from its year-to-date volume of 2.87 million. As of the previous 9 days, the stock’s Stochastic %D was 72.13%.
During the past 100 days, Columbia Banking System, Inc’s (COLB) raw stochastic average was set at 87.88%, which indicates a significant decrease from 98.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.98 in the past 14 days, which was higher than the 0.71 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.06, while its 200-day Moving Average is $25.06. Nevertheless, the first resistance level for the watch stands at $27.35 in the near term. At $27.87, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.86. If the price goes on to break the first support level at $25.84, it is likely to go to the next support level at $24.85. Assuming the price breaks the second support level, the third support level stands at $24.33.
Columbia Banking System, Inc (NASDAQ: COLB) Key Stats
The company with the Market Capitalisation of 8.03 billion has total of 210,301K Shares Outstanding. Its annual sales at the moment are 2,966 M in contrast with the sum of 533,680 K annual income. Company’s last quarter sales were recorded 735,150 K and last quarter income was 152,420 K.
