Columbia Banking System (COLB) Cut to Hold at BidaskClub

BidaskClub downgraded shares of Columbia Banking System (NASDAQ:COLB) from a buy rating to a hold rating in a research report released on Friday, bidaskclub reports. colb has been the subject of a.

Toronto Dominion Bank raised its position in Columbia Banking System Inc (NASDAQ:COLB) by 48.7% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,005 shares of the financial services provider’s stock after acquiring an additional 329 shares during the period.

BidaskClub cut shares of Columbia Banking System (NASDAQ:COLB) from a buy rating to a hold rating in a research report released on Friday, BidAskClub reports. Several other brokerages also recently commented on colb. valuengine raised columbia banking System from a sell rating to a hold rating in a research report on Saturday, May 4th.

Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86. Following the transaction, the executive vice president now directly owns 36,264 shares in the company, valued [.]

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Columbia Banking System Inc (NASDAQ:COLB) is currently trading at a trailing P/E of 19.9x, which is higher than the industry average of 17.8x. The second assumption that must hold true is that the stocks we are comparing COLB to are fairly valued by the market. If this does not hold true, COLB’s.

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TACOMA, Wash. (AP) _ Columbia Banking System Inc. (COLB) on Thursday reported second-quarter net income of $41.7 million. The Tacoma, Washington-based bank said it had earnings of 57 cents per share..

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BidaskClub upgraded shares of Columbia Banking System (NASDAQ:COLB) from a sell rating to a hold rating in a report published on Tuesday morning, BidAskClub reports. Several other research analysts have also recently commented on COLB. Zacks Investment Research cut columbia banking system from a buy rating to a hold rating in a research note on [.]

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