Epoch Investment Partners Inc. Sells 41,950 Shares of Columbia Banking System, Inc. $COLB

Epoch Investment Partners Inc. lowered its holdings in Columbia Banking System, Inc. (NASDAQ:COLB) by 1.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,531,279 shares of the financial services provider’s stock after selling 41,950 shares during the period. Epoch Investment Partners Inc. owned about 0.87% of Columbia Banking System worth $69,433,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of COLB. AQR Capital Management LLC increased its position in shares of Columbia Banking System by 35.4% during the 1st quarter. AQR Capital Management LLC now owns 56,675 shares of the financial services provider’s stock valued at $1,402,000 after purchasing an additional 14,824 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Columbia Banking System by 23.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,719 shares of the financial services provider’s stock worth $2,063,000 after buying an additional 15,845 shares during the last quarter. Millennium Management LLC grew its position in Columbia Banking System by 572.7% during the first quarter. Millennium Management LLC now owns 484,730 shares of the financial services provider’s stock valued at $12,089,000 after buying an additional 412,674 shares during the period. Goldman Sachs Group Inc. grew its position in Columbia Banking System by 28.4% during the first quarter. Goldman Sachs Group Inc. now owns 492,775 shares of the financial services provider’s stock valued at $12,290,000 after buying an additional 108,994 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Columbia Banking System by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 887,267 shares of the financial services provider’s stock valued at $22,128,000 after buying an additional 16,165 shares during the period. Institutional investors own 92.53% of the company’s stock.

Key Headlines Impacting Columbia Banking System

Here are the key news stories impacting Columbia Banking System this week:

• Positive Sentiment: Columbia Banking System reported Q2 2026 earnings of $0.76 per share, beating estimates of $0.73 and matching last year’s EPS, while management said the results reflect resilient franchise performance and disciplined execution. Columbia Banking System, Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Higher net interest income and fee income helped offset expense pressure and weaker loan/deposit balances, reinforcing the earnings beat and supporting the stock. Columbia Banking Q2 Earnings Top Estimates on Higher NII & Fee Income
• Positive Sentiment: Analysts responded favorably after the results, with Keefe, Bruyette & Woods, RBC, and Stephens all raising price targets to $35-$36, signaling improved expectations for COLB. Benzinga analyst updates
• Positive Sentiment: The company completed a $497 million buyback, which can support earnings per share and is typically viewed positively by investors. Columbia Banking System (COLB) Completes $497 Million Buyback As Q2 Earnings Arrive
• Neutral Sentiment: Revenue came in slightly below Wall Street expectations, so the earnings beat was not broad-based across all top-line metrics. Earnings report and conference call materials
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a driver of the stock’s move today.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank Of Canada lifted their price objective on shares of Columbia Banking System from $34.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Friday. Fundamental Research set a $35.00 target price on shares of Columbia Banking System in a research report on Wednesday, July 1st. Stephens raised their price target on shares of Columbia Banking System from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Friday. Piper Sandler raised their price target on shares of Columbia Banking System from $34.00 to $36.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. Finally, Barclays lifted their price target on shares of Columbia Banking System from $29.00 to $31.00 and gave the stock an “equal weight” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Columbia Banking System presently has a consensus rating of “Hold” and an average price target of $33.27.

Columbia Banking System Stock Performance

Shares of COLB opened at $31.15 on Friday. The business has a 50-day moving average of $30.99 and a 200 day moving average of $29.70. Columbia Banking System, Inc. has a fifty-two week low of $22.77 and a fifty-two week high of $33.67. The firm has a market cap of $9.02 billion, a P/E ratio of 12.41, a price-to-earnings-growth ratio of 2.20 and a beta of 0.62.

Columbia Banking System (NASDAQ:COLB) last announced its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.03. The business had revenue of $680.00 million for the quarter, compared to analysts’ expectations of $687.40 million. Columbia Banking System had a return on equity of 11.25% and a net margin of 19.96%.During the same period in the previous year, the business posted $0.76 EPS. As a group, research analysts predict that Columbia Banking System, Inc. will post 3.05 earnings per share for the current fiscal year.

Columbia Banking System Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.37 dividend. The ex-dividend date was Friday, May 29th. This represents a $1.48 annualized dividend and a dividend yield of 4.8%. Columbia Banking System’s dividend payout ratio (DPR) is presently 58.96%.

Insider Activity

In other Columbia Banking System news, CMO Devine David Moore sold 3,872 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $29.77, for a total transaction of $115,269.44. Following the sale, the chief marketing officer owned 18,636 shares in the company, valued at $554,793.72. This represents a 17.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.57% of the stock is currently owned by company insiders.

About Columbia Banking System

Columbia Banking System, Inc is a bank holding company that operates through its principal subsidiary, Columbia State Bank. Headquartered in Tacoma, Washington, the company provides a full range of banking and financial services to commercial, small business and consumer customers. Its branch network is concentrated in the Pacific Northwest, with locations across Washington, Oregon and Idaho, where it aims to combine local decision-making with the resources of a larger institution.

The company’s offerings include commercial real estate lending, construction and development financing, equipment and small business loans, and deposit products such as checking, savings and money market accounts.