Columbia Banking System: Piper Sandler Raises PT to $35, Maintains Overweight Rating

Tuesday, Sep 2, 2025 9:20 am ET1min read

Columbia Banking System: Piper Sandler Raises PT to $35, Maintains Overweight Rating

Columbia Banking System, Inc. (COLB) has received a significant boost from Piper Sandler, which has raised its price target to $35 and maintained an overweight rating. This move comes following the completion of Columbia's acquisition of Pacific Premier Bancorp, Inc. [1].

The acquisition, which closed on September 2, 2025, marks a strategic expansion for Columbia Banking System, particularly in Southern California. The integration of Pacific Premier Bancorp accelerates Columbia's expansion in the region and strengthens its market leadership in key western U.S. markets, including Northern California, Washington, Oregon, and Arizona [2].

Piper Sandler's analysts cited the acquisition as a key driver behind the raised price target. The firm noted that the acquisition will enhance Columbia's brand presence and financial performance, positioning it as a leading western U.S.-based financial institution. The analysts also highlighted the complementary nature of the two banks, which focus on delivering superior value to their stakeholders [2].

In addition to the acquisition, Columbia Banking System has been making strategic hires and expanding its executive team to support its growth initiatives. For instance, Ivan Seda was appointed as Deputy Chief Financial Officer in August 2025, further bolstering the bank's financial leadership [3].

As Columbia Banking System continues to grow and expand, investors and financial professionals are closely monitoring the bank's performance. The recent developments, including the acquisition and Piper Sandler's raised price target, suggest that the bank is well-positioned for future growth and success.

References:
[1] https://www.marketscreener.com/news/columbia-banking-system-completes-acquisition-of-pacific-premier-bancorp-ce7c50d3de8ef424
[2] https://www.marketscreener.com/news/columbia-banking-system-completes-acquisition-of-pacific-premier-bancorp-and-unifies-columbia-brand-ce7c50d3df80f320
[3] https://www.prnewswire.com/news-releases/columbia-bank-expands-executive-team-with-seasoned-financial-leader-301062624.html

Columbia Banking System: Piper Sandler Raises PT to $35, Maintains Overweight Rating

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