Apr 19, 2026, 10:06 PM ETColumbia Banking System, Inc. (COLB) StockDaniel JonesInvesting Group LeaderCommentsSummaryColumbia Banking System is upgraded from 'hold' to 'buy' following strong financial performance and attractive valuation metrics.COLB's recent acquisition of Pacific Premier significantly expanded deposits and loans, fueling balance sheet and income statement growth.Net interest margin improved to 3.83%, and asset quality remains robust, with non-performing loans at only 0.41%.COLB trades at a forward P/E of 9.3 and near book value, making it cheaper than most peers on key valuation metrics.Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate.