Columbia Banking System: Strong Buy As Contrarian EPS Inflection Drives Upside

We initiate coverage of Columbia Banking System, Inc. (NASDAQ: COLB ) with a Strong Buy rating and $40 PT. Columbia Banking System, Inc. is a leading regional bank that provides banking services to small and medium businesses, professionals, and individuals in the PacificMoretus Research delivers state-of-the-art, buy-side quality equity research for serious investors seeking clarity, conviction, and alpha. Focused on U.S. public markets, Moretus applies a structured, repeatable framework to identify compan ...