RBC Capital analyst Jon Arfstrom maintains $Columbia Banking System (COLB.US)$ with a hold rating, and adjusts the target price from $34 to $32.
According to TipRanks data, the analyst has a success rate of 57.0% and a total average return of 15.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Columbia Banking System (COLB.US)$'s main analysts recently are as follows:
Heading into the fourth quarter earnings season, regional banks are anticipated to demonstrate modest growth in loans and deposits, with a slight decline in net interest margins, and stable overall credit trends. Beyond the current earnings results, the focus is expected to shift towards projections for 2025, which are likely to reflect a continuing environment of elevated interest rates. Overall, the outlook for regional banks and their stocks remains positive into 2025, although this enthusiasm is moderated by expectations of a less aggressive approach to rate cuts by the Federal Reserve.
With adjustments in the rate environment and economic outlook in the past months, along with growing optimism due to changes in the U.S. administration, the forthcoming focus for regional banks is likely to be projected towards their 2025 forecasts. Solid Q4 results are anticipated for the sector; nevertheless, key subjects for future discussions include the trajectory of deposit betas, net interest margins, and potential growth strategies. The primary modifications to forecasting models mainly involve minor refinements to margin assumptions and some reduced expectations for near-term loan growth.
The more positive outlook on Columbia Banking's future lies in anticipation of notable net interest income inflection post Q1 2025, a steeper curve, favorable early deposit betas, and regulatory relief. The bank's deposit franchise, viewed as 'underappreciated' and available at a historical discount, coupled with $8 billion of high-cost funding repricing through Q1 2025, contributes to this constructive perspective.
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加皇资本市场分析师Jon Arfstrom维持$哥伦比亚银行系统 (COLB.US)$持有评级，并将目标价从34美元下调至32美元。
根据TipRanks数据显示，该分析师近一年总胜率为57.0%，总平均回报率为15.1%。
此外，综合报道，$哥伦比亚银行系统 (COLB.US)$近期主要分析师观点如下：
进入第四季度财报季，区域型银行预计将在贷款和存入资金方面表现出适度增长，净利率略有下降，整体信用趋势稳定。除了当前的财报结果外，焦点预计将转向2025年的预测，这些预测可能反映出持续存在的高利率环境。总体而言，区域型银行及其股票在2025年的前景依然积极，尽管这种热情受到市场预期美联储对利率削减采取不那么激进态度的影响。
随着过去几个月利率环境和经济前景的调整，以及因美国政府变动而带来的乐观情绪，区域型银行未来的重点可能将转向他们的2025年预测。预计该板块将有出色的第四季度结果；然而，未来讨论的关键内容包括存入资金的贝塔值走势、净利率以及潜在的增长策略。对预测模型的主要修改主要涉及对利率假设的微小修正以及对近期贷款增长的某些预期下调。
对哥伦比亚银行未来的更乐观展望在于预计在2025年第一季度后，净利息收入将显著拐点，更陡的利率曲线，早期的存入资金贝塔值以及监管放松。该银行的存入资金业务被视为‘被低估’，并且以历史折扣出售，加上在2025年第一季度通过重新定价80亿高成本资金，这为这种建设性观点提供了支持。
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