Columbia Banking System News

Melanie Dressel, CEO of Columbia Bank, takes the podium from Chairman of the Board, Bill Weyerhaeuser, during the bank's annual meeting Wednesday in W.W. Philip Hall at the University of Washington Tacoma.

14th Annual Financial Services Conference in ).A The webcast of the presentation can be accessed through the D.A. Davidson presentation link at http://wsw.com/webcast/dadco23/colb/ -chartered full-service commercial bank which was again awarded one of Seattle Business Magazine's 100 Best Companies to Work For 2011 and was designated one ofA Puget ... (more)

Several other analysts have also recently commented on the stock. Analysts at Sandler O'Neill downgraded shares of Columbia Banking from a "buy" rating to a "hold" rating in a research note to investors on Thursday, February 2nd.

Columbia Banking System Inc., the Tacoma, Wash.-based parent of Columbia Bank, has reported an 86 percent increase in its net income in 2011, compared with 2010, attributing the surge to three acquisitions and organic growth.