Columbia Bancorp issues Q1 guidance below the Street
Columbia Bancorp (Nasdaq:CBBO), the financial holding company for Columbia River Bank, issued first-quarter earnings guidance below the consensus on Wall Street due to a higher-than-expected loan loss provision and continued net interest margin compression.
Shares slid 7.4%, or $1.18, to $14.81 in pre-market trading. For detailed price information and recent news stories about Columbia Bancorp, click CBBO.
