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BidaskClub Downgrades Columbia Banking System (COLB) to Hold

US long-term mortgage rates fall; 30-year average at 3.82% Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%.

Columbia Banking System (NASDAQ:COLB) is scheduled to announce its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $0.62 per share for the quarter. columbia banking system (NASDAQ:COLB) last issued its earnings results on Thursday.

Brokerages expect Columbia Banking System Inc (NASDAQ:COLB) to report report $0.62 earnings.62 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Columbia Banking System’s earnings. Columbia Banking System posted earnings of $0.59 per share during the same quarter last year, which indicates a positive year over year growth [.]

Columbia Banking System (NASDAQ:COLB) is set to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Columbia Banking System to post earnings of $0.62 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

What’s inside? Within our up-to-date Columbia Banking System Inc (COLB) Stock Research Report you will find a host of valuable data points and information to help you understand this stock. From analyst recommendations to any dividend declarations, earnings announcements, or insider trades, you’ll be able to get the big picture for Columbia Banking System Inc (COLB).

BidaskClub downgraded shares of Columbia Banking System (NASDAQ:COLB) from a buy rating to a hold rating in a research report released on Friday, BidAskClub reports.

BidaskClub lowered shares of eGain (NASDAQ:EGAN) from a sell rating to a strong sell rating in a research note issued to investors on Friday, BidAskClub reports. Other equities analysts also recently issued research reports about the company. Zacks Investment Research upgraded eGain from a hold rating to a buy rating and set a $11.00 price [.]

The ex-dividend date for Columbia Banking System (Nasdaq:COLB) is Monday, May 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share.

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