Columbia Banking System (NASDAQ:COLB) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Columbia Banking System, Inc. (NASDAQ:COLB). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Columbia Banking System stock on January 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Columbia Banking System Stock Up 1.8%

Shares of NASDAQ:COLB traded up $0.57 during trading on Friday, reaching $31.76. The stock had a trading volume of 3,073,179 shares, compared to its average volume of 3,065,286. The stock has a market cap of $9.50 billion, a P/E ratio of 14.05 and a beta of 0.61. Columbia Banking System, Inc. has a fifty-two week low of $19.61 and a fifty-two week high of $32.70. The business has a fifty day moving average price of $29.57 and a 200-day moving average price of $27.51.

Columbia Banking System (NASDAQ:COLB) last released its earnings results on Thursday, January 22nd. The financial services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.10. Columbia Banking System had a return on equity of 11.40% and a net margin of 17.11%.The firm had revenue of $715.00 million for the quarter, compared to the consensus estimate of $693.23 million. During the same period in the prior year, the business posted $0.71 earnings per share. As a group, equities analysts forecast that Columbia Banking System, Inc. will post 2.71 EPS for the current year.

Columbia Banking System Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, February 27th. Columbia Banking System’s payout ratio is currently 65.49%.

Insider Activity at Columbia Banking System

In other news, Director Steven R. Gardner sold 13,725 shares of Columbia Banking System stock in a transaction on Friday, January 30th. The stock was sold at an average price of $29.43, for a total transaction of $403,926.75. The sale was disclosed in a filing with the SEC, which is available at this link. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on COLB shares. Keefe, Bruyette & Woods lifted their target price on Columbia Banking System from $31.00 to $33.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Royal Bank Of Canada lifted their price target on shares of Columbia Banking System from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. TD Cowen reaffirmed a “hold” rating on shares of Columbia Banking System in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Columbia Banking System in a research report on Monday, December 29th. Finally, Piper Sandler boosted their price objective on shares of Columbia Banking System from $34.50 to $36.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Columbia Banking System has an average rating of “Hold” and a consensus price target of $31.88.

Hedge Funds Weigh In On Columbia Banking System

Institutional investors have recently bought and sold shares of the stock. Invesco Ltd. boosted its holdings in shares of Columbia Banking System by 8.6% in the fourth quarter. Invesco Ltd. now owns 4,170,284 shares of the financial services provider’s stock worth $116,559,000 after buying an additional 330,573 shares during the period. Corient Private Wealth LLC boosted its stake in Columbia Banking System by 107.7% in the 4th quarter. Corient Private Wealth LLC now owns 71,487 shares of the financial services provider’s stock worth $1,998,000 after purchasing an additional 37,073 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Columbia Banking System by 20.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 73,342 shares of the financial services provider’s stock worth $2,050,000 after purchasing an additional 12,465 shares in the last quarter. State of Tennessee Department of Treasury raised its stake in Columbia Banking System by 14.6% during the 4th quarter. State of Tennessee Department of Treasury now owns 114,333 shares of the financial services provider’s stock valued at $3,366,000 after purchasing an additional 14,533 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in Columbia Banking System during the 4th quarter valued at $1,864,000. Hedge funds and other institutional investors own 92.53% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Columbia Banking System

Columbia Banking System, Inc is a bank holding company that operates through its principal subsidiary, Columbia State Bank. Headquartered in Tacoma, Washington, the company provides a full range of banking and financial services to commercial, small business and consumer customers. Its branch network is concentrated in the Pacific Northwest, with locations across Washington, Oregon and Idaho, where it aims to combine local decision-making with the resources of a larger institution.

The company’s offerings include commercial real estate lending, construction and development financing, equipment and small business loans, and deposit products such as checking, savings and money market accounts.