Earnings summaries and quarterly performance for COLUMBIA BANKING SYSTEM.
Executive leadership at COLUMBIA BANKING SYSTEM.
Clint E. Stein
President and Chief Executive Officer
Christopher M. Merrywell
Senior Executive Vice President and Umpqua Bank President of Consumer Banking
Ivan Seda
Chief Financial Officer (effective December 31, 2025)
Kumi Yamamoto Baruffi
Executive Vice President, General Counsel and Corporate Secretary
Ron L. Farnsworth
Executive Vice President, Chief Financial Officer
Tom Rice
Chief Information Officer
Torran B. Nixon
Senior Executive Vice President and Umpqua Bank President of Commercial Banking
Board of directors at COLUMBIA BANKING SYSTEM.
Anddria Varnado
Director
Elizabeth W. Seaton
Director
Eric S. Forrest
Director
Hilliard C. Terry, III
Director
Jaynie Miller Studenmund
Director
John F. Schultz
Director
Luis F. Machuca
Director
M. Christian Mitchell
Director
Maria M. Pope
Chair of the Board
Mark A. Finkelstein
Director
Randal L. Lund
Director
S. Mae Fujita Numata
Director
Steven R. Gardner
Director
Research analysts who have asked questions during COLUMBIA BANKING SYSTEM earnings calls.
David Feaster
Raymond James
7 questions for COLB
Matthew Clark
Piper Sandler
7 questions for COLB
Jeff Rulis
D.A. Davidson & Co.
6 questions for COLB
Christopher McGratty
Keefe, Bruyette & Woods
5 questions for COLB
Jon Arfstrom
RBC Capital Markets
5 questions for COLB
Anthony Elian
JPMorgan
4 questions for COLB
Chris McGratty
KBW
2 questions for COLB
Janet Lee
TD Cowen
2 questions for COLB
Jared Shaw
Barclays
2 questions for COLB
Andrew Terrell
Stephens Inc.
1 question for COLB
Brandon King
Truist Securities
1 question for COLB
Jared David Shaw
Barclays Capital
1 question for COLB
Jonathan Rau
Barclays
1 question for COLB
Samuel Varga
UBS
1 question for COLB
Timur Braziler
Wells Fargo
1 question for COLB
Recent press releases and 8-K filings for COLB.
- Columbia Banking System, Inc. reported net income of $215 million and diluted earnings per common share of $0.72 for the fourth quarter of 2025, marking a significant increase from the prior quarter.
- The company's net interest income increased by $122 million to $627 million, and its net interest margin rose to 4.06% in Q4 2025, largely reflecting two additional months operating as a combined company following the Pacific Premier acquisition and favorable funding mix trends.
- Clint Stein was elected as Chair of the Board, effective January 22, 2026, and Ivan Seda assumed the role of Executive Vice President, Chief Financial Officer, effective December 31, 2025.
- The company returned capital to shareholders by declaring a quarterly cash dividend of $0.37 per common share and repurchasing $100 million of common stock during Q4 2025.
- Columbia (COLB) reported strong Q4 2025 operating EPS of $0.82, an increase of 15% from the prior year's fourth quarter, with full year 2025 operating net income rising 31% compared to 2024.
- Net interest margin (NIM) expanded to 4.06% in Q4 2025, up from 3.84% in Q3, and is projected to be 3.90% to 3.95% in Q1 2026 before trending higher and surpassing 4% in Q2 or Q3 2026.
- The company successfully integrated Pacific Premier Bank, achieving $63 million in annualized deal-related cost savings by year-end 2025, representing 50% of the targeted amount, with full realization expected by the end of Q2 2026.
- COLB plans to increase share repurchase activity to a range of $150-$200 million per quarter in 2026 and increased its common dividend to $0.37 per share in Q4 2025.
- Clint (Speaker 4) has also taken on the role of Chairman, a planned transition.
- Columbia Banking System reported a strong Q4 2025, with operating pre-provision net revenue and operating net income increasing 27% and 19% respectively compared to the prior quarter, and full year 2025 results rising 22% and 31% compared to 2024.
- The company's net interest margin (NIM) was 4.06% for Q4 2025, up from 3.84% in Q3, and is projected to be between 3.90% and 3.95% in Q1 2026 before trending higher and surpassing 4% in Q2 or Q3 2026.
- The acquisition of Pacific Premier Bank was successfully integrated, achieving $63 million in annualized deal-related cost savings (50% of the targeted amount), with the systems conversion on track for Q1 2026.
- For 2026, the company expects non-interest expense (excluding CDI amortization) to be in the $335-$345 million range for Q1 and Q2, and plans to increase share repurchase activity to $150-$200 million per quarter, with $600 million remaining authorized.
- Gross loans and leases were $47.8 billion as of December 31, 2025, and the loan portfolio is expected to remain relatively flat for the full year 2026.
- Columbia Banking System reported strong Q4 2025 operating results, with pre-provision net revenue (PPNR) increasing 27% and operating net income rising 19% compared to the prior quarter. Full year 2025 operating PPNR increased 22% and net income rose 31% compared to 2024.
- The company achieved a net interest margin (NIM) of 4.06% in Q4 2025, an increase from 3.84% in Q3 2025 and 3.64% in Q4 2024. NIM is projected to be in the range of 3.90%-3.95% for Q1 2026, with expectations to surpass 4% by Q2 or Q3 2026.
- Integration of the Pac Premier acquisition is progressing, with $63 million in annualized deal-related cost savings achieved by year-end 2025, representing approximately 50% of the targeted $127 million. Full realization of cost savings is anticipated by the end of Q2 2026.
- COLB increased its common dividend to $0.37 per share and repurchased 3.7 million common shares at an average price of $27.07 during Q4 2025. The company plans to increase share repurchase activity to $150-$200 million per quarter in 2026.
- Columbia Banking System, Inc. (COLB) announced an increase in its quarterly cash dividend to $0.37 per common share, marking a 3% increase from its most recent declaration.
- The dividend is payable on December 15, 2025, to shareholders of record as of November 28, 2025.
- This dividend increase is part of the company's capital return strategy, complementing a recently announced $700 million share repurchase program.
- Columbia Banking System, Inc. (COLB) announced its Board of Directors approved a quarterly cash dividend of $0.37 per common share.
- This represents a 3% increase to the most recent dividend declaration.
- The dividend is payable on December 15, 2025, to shareholders of record as of November 28, 2025.
- This dividend increase complements the company's recently announced $700 million share repurchase program.
- HoldCo Asset Management, an investment firm managing approximately $2.6 billion in regulatory assets, released a presentation to Columbia Banking System, Inc..
- HoldCo, a shareholder of Columbia Banking System, does not intend to pursue a proxy contest at the 2026 Annual Meeting, citing recent concessions by the Board and management.
- The firm plans to be a long-term shareholder for several years, actively monitoring the company's actions and capital allocation decisions.
- HoldCo warned it would take necessary action, including a potential proxy contest or advocating for a sale of the company, if the Board's actions are detrimental to shareholders.
- Columbia Banking System successfully closed its strategic acquisition of Pacific Premier Bancorp on August 31, completing an eight-state Western footprint with approximately $68 billion in assets and nearly 10% deposit market share in the Pacific Northwest.
- For Q3 2025, operating PP&R increased 12% from Q2 and 22% from the year-ago quarter, with a net interest margin (NIM) of 3.84% for the full quarter outlook. The company's CET1 ratio stood at 11.6% and total capital ratio at 13.4% at quarter end.
- The Board of Directors authorized a $700 million share repurchase program, reflecting confidence in the company's balance sheet and approximately $550 million of excess capital.
- Ron Farnsworth is stepping down as CFO, and Ivan Seda has been appointed as his successor.
- The company plans to organically manage down roughly $8 billion of inherited transactional loans while targeting 5% annual loan growth.
- Columbia successfully closed the acquisition of Pacific Premier Bancorp on August 31, expanding its Western footprint to approximately $68 billion in assets and nearly 10% deposit market share in the Pacific Northwest.
- For Q3 2025, the company reported operating EPS of $0.85 and an operating return on average tangible equity of 18.2%. Operating PP&R increased 12% from Q2 and 22% from the year-ago quarter.
- Net interest margin expanded nine basis points to 3.84%. Regulatory capital ratios improved, with Tier 1 Common at 11.6% and Total Risk-Based Capital at 13.4%.
- The Board authorized a $700 million share repurchase program, reflecting confidence in the balance sheet strength and strong capital position.
- Ivan Shetta has been appointed as the new CFO, succeeding Ron Farnsworth.
- Columbia Banking System, Inc. completed its acquisition of Pacific Premier Bancorp, Inc. on August 31, 2025, which expanded its Western footprint and elevated its deposit market share to a top-10 position in Southern California.
- For Q3 2025, net interest income increased by $59 million to $505 million, and net interest margin rose 9 basis points to 3.84% compared to the prior quarter.
- Net income for Q3 2025 was $96 million, with diluted earnings per share of $0.40, significantly impacted by $87 million in merger and restructuring expenses related to the acquisition.
- The Board of Directors authorized a new $700 million share repurchase program, and the company declared a quarterly cash dividend of $0.36 per common share.
- As of September 30, 2025, total consolidated assets grew to $67.5 billion, and deposits reached $55.8 billion, with an estimated common equity tier 1 risk-based capital ratio of 11.6%.
Quarterly earnings call transcripts for COLUMBIA BANKING SYSTEM.
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