Rep. Gilbert Ray Cisneros, Jr. Sells Columbia Banking System, Inc. (NASDAQ:COLB) Shares

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 Performance

Shares of COLB stock traded up $0.57 on Friday, hitting $31.76. The stock had a trading volume of 3,073,179 shares, compared to its average volume of 3,065,286. The stock’s 50 day moving average is $29.57 and its 200-day moving average is $27.53. The firm has a market capitalization of $9.50 billion, a price-to-earnings ratio of 14.05 and a beta of 0.61. Columbia Banking System, Inc. has a 52-week low of $19.61 and a 52-week high of $32.70.

Columbia Banking System (NASDAQ:COLB) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.10. The firm had revenue of $715.00 million for the quarter, compared to analyst estimates of $693.23 million. Columbia Banking System had a net margin of 17.11% and a return on equity of 11.40%. During the same quarter in the previous year, the business posted $0.71 EPS. Equities analysts expect that Columbia Banking System, Inc. will post 2.71 earnings per share for the current year.

Columbia Banking System Dividend Announcement

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

Analyst Ratings Changes

Several research analysts recently commented on the company. Stephens boosted their price target on Columbia Banking System from $35.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, January 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Columbia Banking System in a report on Monday, December 29th. Piper Sandler upped their target price on Columbia Banking System from $34.50 to $36.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. Royal Bank Of Canada raised 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 report on Friday, January 23rd. Finally, Barclays lifted their price target on shares of Columbia Banking System from $29.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $31.88.

Institutional Investors Weigh In On Columbia Banking System

Institutional investors and hedge funds have recently made changes to their positions in the company. Invesco Ltd. boosted its holdings in 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 purchasing an additional 330,573 shares during the period. Corient Private Wealth LLC lifted its position in shares of 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 buying an additional 37,073 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Columbia Banking System by 20.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 73,342 shares of the financial services provider’s stock valued at $2,050,000 after buying an additional 12,465 shares during the period. State of Tennessee Department of Treasury grew its position in shares of 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 buying an additional 14,533 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Columbia Banking System during the 4th quarter valued at about $1,864,000. 92.53% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Columbia Banking System

In other Columbia Banking System news, Director Steven R. Gardner sold 13,725 shares of Columbia Banking System stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $29.43, for a total value of $403,926.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.68% of the stock is owned by corporate insiders.

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.

Columbia Banking System Company Profile

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.