Columbia Banking System’s Merger with Pacific Premier Approved

Columbia Banking System ( (COLB) ) has issued an announcement.

On July 21, 2025, Columbia Banking System and Pacific Premier Bancorp announced the approval of their merger by shareholders, a significant step towards Columbia’s acquisition of Pacific Premier. This merger aims to enhance market leadership across the West and create value for customers and shareholders, with the transaction expected to close later in 2025 after regulatory approvals.

The most recent analyst rating on (COLB) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Columbia Banking System stock, see the COLB Stock Forecast page.

Spark’s Take on COLB Stock

According to Spark, TipRanks’ AI Analyst, COLB is a Outperform.

Columbia Banking System’s overall stock score is driven by its solid financial performance and attractive valuation. The strategic acquisition offers growth prospects, though challenges remain in terms of margin contraction and legal issues. Technical indicators support a positive outlook, but the impact of legal proceedings on the merger could pose a risk.

To see Spark’s full report on COLB stock, click here.

More about Columbia Banking System

Columbia Banking System, headquartered in Tacoma, Washington, is the parent company of Columbia Bank, a prominent regional bank in the western U.S. with over $50 billion in assets. It offers a wide range of services including retail and commercial banking, Small Business Administration lending, and wealth management. Pacific Premier Bancorp, based in Irvine, California, is the parent company of Pacific Premier Bank, a commercial bank serving businesses in the western U.S. with approximately $18 billion in assets, offering products such as loans, deposit accounts, and treasury management services.

Average Trading Volume: 2,263,511

Technical Sentiment Signal: Buy

Current Market Cap: $5.12B

Find detailed analytics on COLB stock on TipRanks’ Stock Analysis page.