COLB · NASDAQ · STOCK
Columbia Banking System (COLB) Stock Analysis
$29.34
52W $23.83 – $33.68
71/100
$8.46B
11.9
0.65
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is COLB Bullish or Bearish?
Bullish.
Innellis AI committee rates Columbia Banking System (COLB) Buy with a composite score of 71/100
, based on 6 analysts with 83% agreement.
Last updated September 22, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +4.32 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -15.68 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The primary driver is low leverage (debt-to-equity 0.08) -- balance sheet can absorb a shock. Most analysts agree, and no major concerns are blocking a stronger rating.
Bull & Bear Case
Bull Case
- P/E of 11.9 is inexpensive for the broad market — Value
- Price-to-book of 1.1x is a discount to asset value — Value
- Dividend yield of 6.5% pays you to wait — Value
- Revenue growing 230.1% YoY -- genuine top-line momentum — Growth
- 5 consecutive earnings beats -- consistent execution — Growth
- Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
Bear Case
- EPS declining -11.5% YoY despite any revenue growth — Growth
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of September 22, 2026
Overall Committee Score
71/100
Agreement
83%
Analysts
6
Conviction
High
Sector Rank
Top 7%
of 211 Financial Services peers
Value Analyst
bullish
77
/ 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ P/E of 11.9 is inexpensive for the broad market
Growth Analyst
bullish
68
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 230.1% YoY -- genuine top-line momentum
− EPS declining -11.5% YoY despite any revenue growth
Technical Analyst
neutral
58
/ 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst
bullish
80
/ 100 · Low confidence
Risk profile is manageable -- leverage, volatility, and event exposure all look contained
+ Low leverage (debt-to-equity 0.08) -- balance sheet can absorb a shock
Macro Analyst
bullish
80
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst
bullish
62
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager
neutral
55
/ 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 4 existing position pair(s) are highly correlated already
Investment Thesis Evolution
Committee score moved marginally from 68.3 to 70.7.
- New bearish signals: 1 appeared.
- New bullish signals: 1 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
Analyst-level changes:
- Macro Analyst: score 65->80 (+15); +1 bullish signal(s).
- Portfolio Manager: score 45->55 (+10); +1 bearish signal(s).
Comparing 2026-09-21 to 2026-09-22 (1 day apart).
Technical Analysis
RSI (14)
41.9
Neutral
MACD Histogram
0.019
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$28.48
Resistance
$30.37
Bollinger %B
0.34
Inside Bands
Price vs Moving Averages
EMA 9
$30.00
Below
EMA 21
$30.29
Below
EMA 50
$30.68
Below
EMA 200
$29.63
Below
Fundamental Analysis
Valuation
100
Growth
80
Profitability
61
Financial Health
46
Cash Flow
70
Valuation
P/E Ratio
11.9×
P/B Ratio
1.13×
PEG Ratio
-30.02
Dividend Yield
4.95%
52W High
$33.68
52W Low
$23.83
Quality & Growth
ROE
701.6%
ROA
81.8%
Gross Margin
7097.1%
Operating Margin
2678.3%
Revenue Growth YoY
—
Debt / Equity
0.65
AI Fundamental Assessment
P/E ratio of 11.9 (inexpensive relative to a 15-40x range); Price-to-book of 1.1x; PEG ratio of -30.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 7.0%; Return on assets of 0.8%; Net margin of 20.0%; Gross margin of 71.0%; Current ratio of 0.01 (tight short-term liquidity); Debt-to-equity of 0.65; Free cash flow per share is positive (4.49); Most recent quarter beat estimates by 2.3%; 5 consecutive earnings beats; EPS growth accelerating (-12.2% -> +5.6% QoQ); Average YoY EPS growth of 0.0%; Analyst estimates flat over recent quarters
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