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Enter Symbol:
 
Columbia Banking System, Inc. (COLB) [hlAlert]

Rating:
Outperform
COLB
up 11.42 %

Columbia Banking System, Inc. (COLB) rated Outperform by Raymond James

Posted on: Monday,  Feb 3, 2014  8:25 AM ET by Raymond James

Raymond James rated Outperform Columbia Banking System, Inc. (NASDAQ: COLB) on 02/03/2014, when the stock price was $26.97.
Since then, Columbia Banking System, Inc. has gained 11.42% as of 01/13/2016's recent price of $30.05.
If you would have followed this Raymond James's recommendation on COLB, you would have gained 11.42% of your investment in 709 days.

Columbia Banking System, Inc. is a bank holding company whose wholly owned banking subsidiaries, Columbia State Bank (Columbia Bank) and Bank of Astoria (Astoria), conduct full-service commercial banking business in the states of Washington and Oregon, respectively. The Company provides a range of banking services to small and medium-sized businesses, professionals and other individuals. The Company operates along two major lines of business within the Columbia Bank banking subsidiary: commercial banking and retail banking. Astoria banking subsidiary operates as a stand-alone segment of the Company. The Company's largest wholly owned banking subsidiary, Columbia Bank, has 53 banking offices located in the Tacoma metropolitan area and contiguous parts of the Puget Sound region of Washington State, as well as the Longview and Woodland communities in southwestern Washington State and in the Portland, Oregon area.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2014 8:25 AM Buy
None
26.97
as of 10/17/2014
1 Week up  1.34 %
1 Month down  -3.94 %
3 Months down  -0.12 %
1 YTD down  -7.82 %

(*) Stock Price at the time of the recommendation.
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