COLUMBIA BANKING SYSTEM, INC.
In the published model solve dated 2026-Q2, anchored at $30.80, COLUMBIA BANKING SYSTEM, INC. (COLB) is priced for 12.0% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Columbia bought its scale rather than building it, assuming $14.5 billion of Pacific Premier deposits and booking $453 million of goodwill, so the question that matters is whether that funding base earns its keep. • The lending book is concentrated where a western commercial bank's book always is, with the annual report stating that ⟦CRE and commercial loans are the largest classifications within earning assets⟧, spread across customers in eight states from Washington to Arizona. • Profitabili
Is COLB overvalued? See what's priced in →
507 institutional managers reported holding COLB in 13F filings for the quarter ended 2026-03-31. Together they hold about 94% of the company; the top 10 hold 52%. 63 opened new positions that quarter. Held by Vanguard Group, BlackRock, Wellington Management, among others. On the short side, 9.5M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (3.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
It pays a dividend, and has paid one every year in our records (16 and counting), raised 4 years straight; the current rate is $1.45 a share annually. Cash returned over the past three years: $892.03M in dividends and $330.04M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at COLB over the trailing three years: 2024: 20 buys totaling $1.08M; 2026: 1 buy totaling $22k. 28 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
COLB's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2022-08-05 | -3.3% | -3.5% |
| 2022-10-29 | +3.0% | -10.2% |
| 2023-05-10 | +7.3% | +13.3% |
| 2023-08-04 | -4.6% | -10.9% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
COLB's latest 8-K filings: 2026-08-14 (items 8.01, 9.01); 2026-07-30 (items 5.02, 7.01, 9.01); 2026-07-23 (items 2.02, 7.01, 9.01); 2026-07-01 (items 7.01, 9.01); 2026-05-15 (items 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.