Columbia Banking System (COLB) gains 1.06% on moderate volume October 22
Today, stock of Columbia Banking System, Inc. Inc. (NASDAQ: COLB) gained $ 0.37, an increase of 1.06%. Columbia Banking System, opened at $ 35.06 before trading between $ 35.44 and $ 34.77 throughout Friday’s trading. The activity saw Columbia Banking System’s market capitalization increase to $ 2,541,995,180 on 877,752 stocks, below their 30-day average of 1,105,660.
About Columbia Banking System, Inc.
Based in Tacoma, Wash., Columbia Banking System, Inc. is the holding company of Columbia Bank, a full-service commercial bank licensed by the State of Washington with operations throughout Washington, Oregon and Idaho. The bank has been named one of the “Best Places to Work in Washington” more than 10 times by the Puget Sound Business Journal and was recently ranked # 1 for customer satisfaction with retail banking in the region. Northwest by JD Power in the 2020 US Retail Banking Satisfaction Survey. Columbia was named the Northwest’s # 1 bank on the Forbes 2020 list of “America’s Best Banks” scoring nearly 10 consecutive years on the publication’s list of top financial institutions. More information about Columbia can be found on its website at www.columbiabank.com. Columbia Bank received the highest score in the Northwest region of the JD Power 2020 US Retail Bank Satisfaction Survey for customer satisfaction with their own retail bank.
Visit the Columbia Banking System, Inc. profile for more information.
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Keep Your Friends Close, But Your Enemies Closer – Part I
Revenge is amazing human activity. In business, kicking opponents when they’re down comes with territory. As Huawei battles US government sanctions, Xiaomi steps in to introduce competing products and gain market share. The former Communists quickly discovered the market economy. No Facebook employee (NASDAQ: FB) is asking the giant to take it easy on Myspace. Do you remember Myspace? No Apple (NASDAQ: AAPL) executive is lending a hand to Motorola, which is even more difficult to remember. This new series takes a look at some tasty examples of ROI.
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Since the onset of the global pandemic, historically low interest rates and government spending have inhibited saving and encouraged borrowing and spending to boost the economy during difficult times. The US Federal Reserve and the government injected much more liquidity into the financial system than during the global financial crisis of 2008. We have seen an increase in inflationary pressures due to the stimulus. In addition, the unintended consequences of the pandemic created shortages and supply chain bottlenecks that only exacerbated the rise in prices.
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For more information on Columbia Banking System, Inc. and to keep up with the latest company updates, you can visit the company profile page here: Columbia Banking System, Inc.’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.
Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.
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