The EVP & COO of Columbia Banking System (NASDAQ: COLB) is Selling Shares

Today, the EVP & COO of Columbia Banking System (COLBResearch Report), Andy Mcdonald, sold shares of COLB for $122K.

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Based on Columbia Banking System’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $151 million and quarterly net profit of $45.42 million. In comparison, last year the company earned revenue of $142 million and had a net profit of $39.53 million. COLB’s market cap is $2.59B and the company has a P/E ratio of 14.31. Currently, Columbia Banking System has an average volume of 199.6K.

The insider sentiment on Columbia Banking System has been positive according to 59 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Andy Mcdonald’s trades have generated a -4.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Columbia Banking System, Inc. is a bank holding company, which engages in the provision of services. Its activities include personal, business, and commercial banking and wealth management services.