COLB · Columbia Banking System · Financials

Columbia Banking System

Rating: Buy
Price at publication: $30.55
Target price: $36.00
Stated upside: +16%
Published: 19 June 2026

By Yash Singla

Thesis

Columbia Banking System is a premier western U.S. regional bank that has completed a transformational build-out via the Pacific Premier acquisition.

Key risks

01Recovery depends on merger synergies (5-year EPS CAGR of −2.1%)
02Tangible book value per share must keep recovering
03Commercial real estate concentration and unresolved iCap litigation

Price, target and upside are as stated in the report on 19 June 2026, not updated since.

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Educational research. This report reflects the views of its student author as of 19 June 2026. It is not investment advice or a recommendation to buy or sell any security. Full disclaimer.