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COLUMBIA BANKING SYSTEM (COLB)

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Earnings summaries and quarterly performance for COLUMBIA BANKING SYSTEM.

Recent press releases and 8-K filings for COLB.

Columbia Banking System, Inc. Reports Strong Q4 2025 Results and Announces Management Changes
COLB
Earnings
Management Change
Share Buyback
  • 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.
Jan 22, 2026, 10:24 PM
Columbia (COLB) Reports Strong Q4 2025 Results and Provides 2026 Outlook
COLB
Earnings
Guidance Update
M&A
  • 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.
Jan 22, 2026, 10:00 PM
Columbia Banking System Reports Strong Q4 2025 Results and Provides 2026 Outlook
COLB
Earnings
Guidance Update
Share Buyback
  • 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.
Jan 22, 2026, 10:00 PM
Columbia Banking System Reports Strong Q4 2025 Results and Provides 2026 Outlook
COLB
Earnings
Guidance Update
M&A
  • 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.
Jan 22, 2026, 10:00 PM
Columbia Banking System Increases Common Share Dividend
COLB
Dividends
Share Buyback
  • 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.
Nov 14, 2025, 7:44 PM
Columbia Banking System Announces Dividend Increase
COLB
Dividends
Share Buyback
  • 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.
Nov 14, 2025, 1:15 PM
Columbia Banking System receives presentation from HoldCo Asset Management
COLB
Proxy Vote Outcomes
M&A
  • 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.
Nov 6, 2025, 1:55 PM
Columbia Banking System Announces Q3 2025 Results, Acquisition Closure, and Share Repurchase Program
COLB
Earnings
M&A
Share Buyback
  • 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.
Oct 30, 2025, 9:00 PM
COLB Announces Q3 2025 Results, Completes Acquisition, and Authorizes Share Repurchase
COLB
M&A
Earnings
Share Buyback
  • 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.
Oct 30, 2025, 9:00 PM
Columbia Banking System, Inc. Reports Q3 2025 Results and Completes Pacific Premier Acquisition
COLB
M&A
Earnings
Share Buyback
  • 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%.
Oct 30, 2025, 8:51 PM