Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
More than two dozen bank investors and analysts gathered for a luncheon with Valley National Bancorp Chief Executive Ira Robbins last month, a few days after a fellow regional lender stunned Wall Street by posting an unexpected loss and slashing its dividend. Most of them wanted to know how New York Community Bancorp the nation’s 28th-biggest bank, had found itself in this position less than a year after several other regionals failed. The banking industry’s middle class is shrinking.
Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024, at 9:15 a.m. ET. Mr. Stein is also scheduled to present at the RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, 2024, at 4:40 p.m. ET.
Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the retirement of Eric Eid, Chief Integration Officer, effective April 1, 2024. Eid's retirement follows the recent closing of the bank's Integration Management Office, a division he co-led in support of the merger between Columbia Bank and Umpqua Bank.
Regional bank stocks zoomed higher in late 2023, in anticipation of interest rate cuts in 2024. So far this year, however, there have been more indications that the Federal Reserve’s “higher for longer” stance on interest rates will persist. While initially having a positive impact on net interest margin, in more recent months, high rates have turned from friend to foe. High interest rates have “done their job,” so to speak, when it comes to inflation, by lowering demand. However, with borrowing
Key Insights Given the large stake in the stock by institutions, Columbia Banking System's stock price might be...
Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.36 per common share, payable March 11, 2024, to shareholders of record as of February 23, 2024.
In a recent transaction filed with the SEC, Director Luis Machuca has increased his stake in Columbia Banking System Inc (NASDAQ:COLB) by purchasing 4,889 shares.
In a recent transaction on January 29, 2024, John Schultz, a director at Columbia Banking System Inc (NASDAQ:COLB), increased his stake in the company by purchasing 8,559 shares.
The parent company of Umpqua Bank badly missed profit expectations in its latest quarter.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Columbia Banking (COLB) have what it takes? Let's find out.