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COLB / Columbia Banking System's Stock Underpriced Due To Market Overreaction

Columbia Banking System's Stock Underpriced Due To Market Overreaction
Columbia Banking System is undervalued by 24% at its current price of $22.07, with a fair value of $28.87 according to a discounted cash flow analysis. The bank's merger with Umpqua is expected to create accretive value and improve portfolio diversity, with cost synergies of over $135 million by Q3 2023. These factors, in addition to Columbia's strong balance sheet, lead me to rate the company a 'buy'. Read More
Posted: Jun 6 2023, 02:57
Author Name: Seeking Alpha
Views: 110720

COLB News  

Columbia Bank Getting Far Less Credit Than It Should

By Seeking Alpha
October 21, 2023

Columbia Bank Getting Far Less Credit Than It Should

Columbia came through with strong third quarter results on an adjusted basis, including stronger net interest margin and better operating cost leverag more_horizontal

Columbia Banking System, Inc. (COLB) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 18, 2023

Columbia Banking System, Inc. (COLB) Q3 2023 Earnings Call Transcript

Columbia Banking System, Inc. (NASDAQ:COLB ) Q3 2023 Earnings Conference Call October 18, 2023 5:00 PM ET Company Participants Jacque Bohlen - Investo more_horizontal

Here's What Key Metrics Tell Us About Columbia Banking (COLB) Q3 Earnings

By Zacks Investment Research
October 18, 2023

Here's What Key Metrics Tell Us About Columbia Banking (COLB) Q3 Earnings

While the top- and bottom-line numbers for Columbia Banking (COLB) give a sense of how the business performed in the quarter ended September 2023, it more_horizontal

Columbia Banking (COLB) Surpasses Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 18, 2023

Columbia Banking (COLB) Surpasses Q3 Earnings and Revenue Estimates

Columbia Banking (COLB) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to more_horizontal

Why Columbia Banking (COLB) Might Surprise This Earnings Season

By Zacks Investment Research
October 17, 2023

Why Columbia Banking (COLB) Might Surprise This Earnings Season

Columbia Banking (COLB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

7% Dividend Yield And More At Columbia Banking, A Hidden Buy Opportunity

By Seeking Alpha
August 27, 2023

7% Dividend Yield And More At Columbia Banking, A Hidden Buy Opportunity

Columbia Banking System, the parent of Umpqua Bank, a major regional bank in the northwest, gets a Strong Buy rating today. Positives: dividend yield more_horizontal

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

By Forbes
August 12, 2023

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

After Moody's cut credit ratings, regional banks are feeling the heat again. However, some smart analysts think there are select bargains in the trash more_horizontal

Columbia Banking System, Inc. (COLB) Q2 2023 Earnings Call Transcript

By Seeking Alpha
July 19, 2023

Columbia Banking System, Inc. (COLB) Q2 2023 Earnings Call Transcript

Columbia Banking System, Inc. (NASDAQ:COLB ) Q2 2023 Earnings Conference Call July 19, 2023 5:30 PM ET Company Participants Jacque Bohlen - Investor R more_horizontal


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