Andy Mcdonald Sells 3,481 Shares of Columbia Banking System Inc (NASDAQ:COLB) Stock

Columbia Banking System (NASDAQ:COLB) announced its quarterly earnings results on Thursday. The financial services provider reported financial services provider reported $0.71 earnings.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.08, Briefing.com reports. Columbia Banking System had a return on equity of 9.01% and a net margin of 30.12%.

Shares of Columbia Banking System Inc (NASDAQ:COLB) have been given a consensus rating of "Hold" by the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86. Following the transaction, the executive vice president now directly owns 36,264 shares in the company, valued [.]

Shares of Columbia Banking System Inc (NASDAQ:COLB) have earned a consensus recommendation of "Hold" from the nine ratings firms that are covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Wedge Capital Management L L P NC trimmed its position in Columbia Banking System Inc (NASDAQ:COLB) by 1.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with.

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Columbia Banking System Inc (NASDAQ:COLB) EVP Andy Mcdonald sold 3,481 shares of Columbia Banking System stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of $35.06, for a total transaction of $122,043.86.

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Columbia Banking System, Inc. Headquartered in Tacoma, Washington, Columbia Banking System, Inc. is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank. Columbia provides commercial banking services to small and medium-sized business, professionals and other individuals with more than 140 banking.