Columbia Banking System Inc (NASDAQ:COLB) EVP Sells $122,043.86 in Stock

Columbia Banking System (NASDAQ:COLB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Columbia Banking System, Inc. is a registered bank holding company whose wholly owned subsidiary, Columbia State Bank,conducts a full-service commercial banking business.

Columbia Banking System Inc (NASDAQ:COLB) EVP Sells $122,043. – 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.

In related news, EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The shares were sold at an average price of $35.06, for a total transaction of $122,043.86.

Columbia Banking System (NASDAQ:COLB) announced its quarterly earnings results on Thursday. The financial services provider reported financial services provider reported $0.71.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.08, Briefing.com reports. Columbia Banking System had a return on equity of 9.01% and a net margin of 30.12%.

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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.

Columbia Banking System Inc (NASDAQ:COLB) has received a consensus recommendation of “Hold” from the eight ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month [.]

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Columbia Banking System (NASDAQ:COLB) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a report issued on Wednesday, ValuEngine reports. A number of other analysts have also recently weighed in on COLB. bidaskclub cut columbia banking system from a “buy” rating to a “hold” rating in a research report [.]

Columbia Banking System (NASDAQ:COLB) posted its quarterly earnings results on Thursday. The financial services provider reported reported $0.71 EPS.71 eps for the quarter, beating the consensus estimate of $0.63 by $0.08, Briefing.com reports. Columbia Banking System had a return on equity of 9.20% and a net margin of 30.92%.

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