DA Davidson Upgrades Columbia Banking System (COLB)
Fintel reports that on September 1, 2026, DA Davidson upgraded their outlook for Columbia Banking System (NASDAQGS:COLB) from Neutral to Buy.
Analyst Price Forecast Suggests 18.55% Upside
As of August 28, 2026, the average one-year price target for Columbia Banking System is $34.76/share. The forecasts range from a low of $30.30 to a high of $38.85. The average price target represents an increase of 18.55% from its latest reported closing price of $29.32 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Columbia Banking System is 5,183MM, an increase of 106.91%. The projected annual non-GAAP EPS is 7.92.
What is the Fund Sentiment?
There are 1,011 funds or institutions reporting positions in Columbia Banking System. This is an increase of 473 owner(s) or 87.92% in the last quarter. Average portfolio weight of all funds dedicated to COLB is 0.30%, an increase of%. Total shares owned by institutions increased in the last three months by 21.42% to 373,681K shares. 
The put/call ratio of is 0.19, indicating a bullish outlook.
What are Other Shareholders Doing?
T. Rowe Price Investment Management holds 15,634K shares representing 5.53% ownership of the company. In its prior filing, the firm reported owning 15,916K shares , representing a decrease of 1.80%. The firm increased its portfolio allocation in COLB by 9.25% over the last quarter.
Vanguard Portfolio Management holds 13,678K shares representing 4.83% ownership of the company. In its prior filing, the firm reported owning 14,340K shares , representing a decrease of 4.84%. The firm decreased its portfolio allocation in COLB by 5.24% over the last quarter.
Vanguard Capital Management holds 13,073K shares representing 4.62% ownership of the company. In its prior filing, the firm reported owning 13,225K shares , representing a decrease of 1.16%. The firm decreased its portfolio allocation in COLB by 1.39% over the last quarter.
Wellington Management Group Llp holds 11,686K shares representing 4.13% ownership of the company. In its prior filing, the firm reported owning 14,944K shares , representing a decrease of 27.88%. The firm decreased its portfolio allocation in COLB by 15.67% over the last quarter.
Charles Schwab Investment Management holds 11,025K shares representing 3.90% ownership of the company. In its prior filing, the firm reported owning 10,440K shares , representing an increase of 5.31%. The firm increased its portfolio allocation in COLB by 7.49% over the last quarter.
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This story originally appeared on Fintel.