.png "Columbia Banking System (NASDAQ: COLB)")
Today, the EVP & COO of Columbia Banking System (NASDAQ: COLB), Andy Mcdonald, bought shares of COLB for $10.16K.
In addition to Andy Mcdonald, 2 other COLB executives reported Buy trades in the last month.
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Based on Columbia Banking System’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $142 million and quarterly net profit of $39.53 million. In comparison, last year the company earned revenue of $112 million and had a net profit of $26.77 million. COLB’s market cap is $3.04B and the company has a P/E ratio of 21.28. Currently, Columbia Banking System has an average volume of 205.3K.
Five different firms, including D.A. Davidson and KBW, currently also have a Buy rating on the stock.
Andy Mcdonald’s trades have generated a -7.3% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Columbia Banking System, Inc. is a bank holding company, which engages in the provision of services. Its activities include personal, business, and commercial banking and wealth management services.
