Columbia Banking System and Pacific Premier Bancorp Announce Shareholder and Stockholder Approval for Proposed Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 21 2025
0mins
Source: PRnewswire
Acquisition Announcement: Columbia Banking System and Pacific Premier Bancorp have received shareholder approvals for Columbia's acquisition of Pacific Premier, with plans to finalize the transaction later in 2025 pending regulatory approvals.
Leadership Statements: Executives from both banks expressed optimism about the merger, highlighting its potential to enhance market leadership and create value for customers and shareholders.
Analyst Views on COLB
Wall Street analysts forecast COLB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COLB is 29.50 USD with a low forecast of 28.00 USD and a high forecast of 33.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
3 Buy
7 Hold
0 Sell
Moderate Buy
Current: 29.250
Low
28.00
Averages
29.50
High
33.00
Current: 29.250
Low
28.00
Averages
29.50
High
33.00
About COLB
Columbia Banking System, Inc. is the parent company of Columbia Bank (the Bank), a Western United States regional bank. The Bank supports consumers and businesses through a full suite of services, including retail and commercial banking, Small Business Administration (SBA) lending, institutional and corporate banking, and equipment leasing. The Bank’s customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management. The Bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, accounts receivable and inventory financing, international trade finance, multifamily loans, equipment loans, commercial equipment leases, SBA program financing, and capital markets. The Bank operates at more than 350 locations across eight Western states: Washington, Oregon, California, Arizona, Colorado, Nevada, Utah and Idaho.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
