COLB - Earnings announcements

TACOMA, Wash., April 23, 2026 /PRNewswire/ -- $192 million$209 million$0.66$0.72Net incomeOperating net income1Earnings per common share - dilutedOperating earnings per common share - diluted1CEO Commentary"Our first quarter results reflect continued execution against the priorities we have previously outlined: delivering sustainable performance, strengthening our balance sheet, and returning excess capital to shareholders," said Clint Stein, Chair, CEO & President. "During the quarter, we increased capital returns, reflecting our confidence in earnings durability and ongoing ca

TACOMA, Wash., March 31, 2026 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Columbia Bank, today announced it will release first quarter 2026 financial results on Thursday, April 23, 2026, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's first quarter 2026 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or regi

TACOMA, Wash., Jan. 22, 2026 /PRNewswire/ -- $215 million $243 million $0.72 $0.82 Net income Operating net income1 Earnings per common share -diluted Operating earnings per common share - diluted1   CEO Commentary "Our fourth quarter performance marked a strong end to a tremendous year for Columbia, reflecting continued momentum across ourbusinesses and our commitment to consistent, repeatable results," said Clint Stein, President and CEO. "Our operating performance wassupported by disciplined balance sheet management, new and expanding customer relationships, and the first f

TACOMA, Wash., Dec. 31, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Columbia Bank, today announced it will release fourth quarter 2025 financial results on Thursday, January 22, 2026, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's fourth quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or r

Ronald Farnsworth, Executive Vice President, CFO, to Step Down Ivan Seda, Deputy CFO, Appointed CFO, Effective December 31, 2025 TACOMA, Wash., Oct. 30, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Columbia Bank, today announced that Ronald Farnsworth will step down as Executive Vice President, Chief Financial Officer, effective December 31, 2025. Farnsworth has served as Columbia's Chief Financial Officer since March 2023 and previously served as Executive Vice President, Chief Financial Officer of Umpqua Holdings Corporation and Umpqua Bank from 2008 until its merger with Columbia in 2023. Farnsworth will serve as an advisor to the Co

TACOMA, Wash., Oct. 30, 2025 /PRNewswire/ -- $96 million $204 million $0.40 $0.85 Net income Operating net income 1 Earnings per common share - diluted Operating earnings per common share - diluted 1   CEO Commentary "Our third quarter performance reflects meaningful progress and growing momentum," said Clint Stein, President and CEO. "We closed our strategic acquisition of Pacific Premier, which completes our Western footprint and enhances our ability to generate top-quartile returns. While reported results were impacted by acquisition-related items, core profitability remain

TACOMA, Wash., Aug. 29, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Columbia Bank1, today announced it will release third quarter 2025 financial results on Thursday, October 30, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's third quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or re

TACOMA, Wash., July 24, 2025 /PRNewswire/ --   $152 million $160 million $0.73 $0.76 Net income Operating net income 1 Earnings per common share - diluted Operating earnings per common share - diluted 1   CEO Commentary "Our second quarter results demonstrate our focus on profitability and balance sheet optimization," said Clint Stein, President and CEO. "Commercial loan growth outpaced runoff in transactional portfolios while the net interest margin benefited from loan repricing, controlled deposit pricing, and a rebound in securities yields. Continued expense discipline furt

TACOMA, Wash., June 30, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release second quarter 2025 financial results on Thursday, July 24, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's second quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or regist

TACOMA, Wash., April 23, 2025 /PRNewswire/ -- $87 million $140 million $0.41 $0.67 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1   CEO Commentary "Our consistent, repeatable performance in 2024 carried through to the first quarter of 2025," said Clint Stein, President and CEO. "Although the global environment is rife with uncertainty, our operations remain steadfast. Our consistent approach to banking is a key contributor to Columbia's success through business and credit cycles, and our teams' dedication to fo

Natural Combination of the Western Region's Leading Business Banks Builds Market Presence and Drives Financial Performance TACOMA, Wash. and IRVINE, Calif., April 23, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Umpqua Bank, and Pacific Premier Bancorp, Inc. ("Pacific Premier") (Nasdaq: PPBI), the parent company of Pacific Premier Bank, National Association, jointly announced today that they have entered into a definitive merger agreement, pursuant to which Columbia will acquire Pacific Premier in an all-stock transaction. The combined company will have approximately $70 billion in assets and will be a market leader in the largest banki

TACOMA, Wash., March 31, 2025 /PRNewswire/ -- Columbia Banking System, Inc. (", Columbia", ("Columbia" NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release first quarter 2025 financial results on Thursday, April 24, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's first quarter 2025 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PIN

TACOMA, Wash., Jan. 23, 2025 /PRNewswire/ --  $143 million $150 million $0.68 $0.71 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1   CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financial position but also supported our commitment to deliver exceptional value to our customers and share

TACOMA, Wash., Dec. 31, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release fourth quarter 2024 financial results on Thursday, January 23, 2025, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's fourth quarter 2024 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or reg

TACOMA, Wash., Oct. 24, 2024 /PRNewswire/ -- $146 million $143 million $0.70 $0.69 Net income Operating net income 1 Earnings per diluted commonshare Operating earnings per dilutedcommon share 1   CEO Commentary "Our third quarter results reflect our continued work and success as we strive toward top-quartile performance," said Clint Stein, President and CEO. "Our recurring expense run rate reflects a 25% reduction in costs over the 18 months we have operated as a combined organization, as we eliminated redundancies and streamlined operations. Our teams' dedication to driving

TACOMA, Wash., Sept. 30, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release third quarter 2024 financial results on Thursday, October 24, 2024, before market open. The Company will host a conference call for investors and analysts at 8:30 a.m. PT (11:30 a.m. ET) that same day. During the call, management will discuss Columbia's third quarter 2024 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or reg

TACOMA, Wash., July 25, 2024 /PRNewswire/ --  $120 million $140 million $0.57 $0.67 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1   CEO Commentary "Our second quarter results reflect continued progress on our targeted actions to improve our financial performance and drive shareholder value," said Clint Stein, President and CEO. "The successful execution of identified changes following enterprise-wide evaluations resulted in a lower recurring expense run rate and increased stabilization in the cost of customer

TACOMA, Wash., June 28, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release second quarter 2024 financial results on Thursday, July 25, 2024, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's second quarter 2024 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or regist

TACOMA, Wash., April 25, 2024 /PRNewswire/ --  $0.59 $0.65 $23.68 $16.03 Earnings per diluted common share Operating earnings per diluted common share 1 Book value per common share Tangible book value per common share 1   CEO Commentary "Our first quarter results reflect early progress on our targeted actions to improve our financial performance and drive shareholder value," said Clint Stein, President and CEO. "Enterprise-wide evaluations and targeted changes resulted in tighter expense control and stabilizing deposit costs in the latter part of the quarter. We will continue

TACOMA, Wash., April 1, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's first quarter 2024 financial results and provide an update on recent activities. There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs or registe

Fourth Quarter 2023 Results Net income of $94 million, or $0.45 per diluted common shareOperating net income of $91 million, or $0.44 per diluted common share1Consolidated asset balances of $52 billion at quarter endLoan balances of $37 billion and deposit balances of $42 billion at quarter endEstimated CET1 and total capital ratios of 9.6% and 11.8% at quarter endTACOMA, Wash., Jan. 24, 2024 /PRNewswire/ -- COLUMBIA BANKING SYSTEM, INC. REPORTS FOURTH QUARTER 2023 RESULTS $0.45 $0.44 $23.95 $16.12 Earnings per diluted common share Operating earnings per diluted common share 1

TACOMA, Wash., Dec. 29, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release fourth quarter 2023 financial results on Wednesday, January 24, 2024, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day.  During the call, the Company will provide an update on recent activities and discuss its fourth quarter 2023 financial results. There will be a live question-and-answer session following the presentation, and participants may register for the call using the below link to receive dial-in details and their own unique PINs or joi

TACOMA, Wash., Sept. 29, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release third quarter 2023 financial results on Wednesday, October 18, 2023, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day.  During the call, the Company will provide an update on recent activities and discuss its third quarter 2023 financial results. There will be a live question-and-answer session following the presentation, and participants may register for the call using the below link to receive dial-in details and their own unique PINs or join

Second Quarter 2023 Results Net income of $133 million, or $0.64 per common shareOperating net income of $169 million, or $0.81 per common share1Consolidated asset balances of $54 billion at quarter endLoan balances of $37 billion and deposit balances of $41 billion at quarter endEstimated CET1 and total capital ratios of 9.1% and 11.1% at quarter endPORTLAND, Ore., July 19, 2023 /PRNewswire/ --   COLUMBIA BANKING SYSTEM, INC. REPORTS SECOND QUARTER 2023 RESULTS $0.64 $0.81 $23.16 $15.02 Earnings per diluted common share Operating earnings per diluted common share 1 Book value

TACOMA, Wash., June 30, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release second quarter 2023 financial results on Wednesday, July 19, 2023, after market close. The Company will host a conference call for investors and analysts at 2:30 p.m. PT (5:30 p.m. ET) that same day.  During the call, the Company will provide an update on recent activities and discuss its second quarter 2023 financial results. There will be a live question-and-answer session following the presentation, and participants may register for the call using the below link to receive dial-in details and their own unique PINs or join t

PORTLAND, Ore., April 26, 2023 First Quarter 2023 Results Net income of $(14) million, or $(0.09) per common shareOperating net income of $72 million, or $0.46 per common share1Successfully closed merger with Umpqua Holdings Corporation and completed core systems conversionConsolidated asset balances increased $22 billion to $54 billion at quarter endLoan balances of $37 billion and deposit balances of $42 billion at quarter end/PRNewswire/ -- COLUMBIA BANKING SYSTEM, INC. REPORTS FIRST QUARTER 2023 RESULTS $(0.09) $0.46 $23.44 $15.12 Net loss per diluted common share Operatin

TACOMA, Wash., March 31, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB), parent company of Umpqua Bank, today announced it will release first quarter 2023 financial results on Wednesday, April 26, 2023, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day.  During the call, the Company will provide an update on recent activities and discuss its first quarter 2023 financial results. There will be a live question-and-answer session following the presentation, and participants may register for the call using the below link to receive dial-in details and their own unique PINs or join t

Notable Items for Fourth Quarter and Fiscal Year 2022 Record full year net income of $250.2 million and diluted earnings per share of $3.20Record quarterly net income of $68.9 million and diluted earnings per share of $0.88, which included a $0.05 per share reduction stemming from merger-related expensesNet interest margin of 3.64%, an increase of 17 basis points from the linked quarterFourth quarter loan production of $402.5 million and full year production of $2.20 billionNonperforming assets to period-end assets ratio of 0.07%Expect to close the merger with Umpqua Holdings after close of business on February 28, 2023, subject to the satisfaction of closing conditionsRegular cash dividend

TACOMA, Wash., Jan. 12, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) expects to report fourth quarter and full-year 2022 financial results before the market opens on Tuesday, January 24, 2023. Management will discuss these results on a conference call scheduled for Tuesday, January 24, 2023 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may register for the call here to receive dial-in details and their own unique PINs or join the webcast here. It is recommended you join 10 minutes prior to the start time.  A replay of the webc

Notable Items for Third Quarter 2022 Record quarterly net income of $64.9 million and diluted earnings per share of $0.83, which included a $0.03 per share reduction stemming from merger-related expensesNet interest margin of 3.47%, an increase of 31 basis points from the linked quarterLoan production of $598.1 millionTotals loans increased 13% annualized to $11.69 billionNonperforming assets to period-end assets ratio decreased to historic low of 0.07%TACOMA, Wash., Oct. 20, 2022 /PRNewswire/ -- Columbia Banking System, Inc. (NASDAQ:COLB) ("Columbia", "we" or "us"), the parent company of Columbia Bank (the "Bank"), released earnings for the third quarter of $64.9 million and diluted earning

TACOMA, Wash., Oct. 5, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB) announced today that a quarterly cash dividend of $0.30 per common share will be paid on October 28, 2022 to shareholders of record as of the close of business on October 17, 2022. Additionally, Columbia expects to report third quarter 2022 financial results before the market opens on Thursday, October 20, 2022. Management will discuss these results on a conference call scheduled for Thursday, October 20, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may re

Notable Items for Second Quarter 2022 Quarterly net income of $58.8 million and diluted earnings per share of $0.75, which included $0.04 per share reduction stemming from merger-related expensesRecord non-PPP loan production of $734.4 millionTotals loans increased 21% annualized to $11.32 billionNet interest margin of 3.16%, an increase of 4 basis points from the linked quarterNonperforming assets to period-end assets ratio decreased to historic low of 0.08%Regular cash dividend declared of $0.30 per shareTACOMA, Wash., July 21, 2022 /PRNewswire/ -- Clint Stein, President and Chief Executive Officer of Columbia Banking System, Inc. ("Columbia", "we" or "us") and Columbia Bank (the "Bank") (

TACOMA, Wash., June 30, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) expects to report second quarter 2022 financial results before the market opens on Thursday, July 21, 2022. Management will discuss these results on a conference call scheduled for Thursday, July 21, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may register for the call here to receive dial-in details and their own unique PINs or join the webcast here. It is recommended you join 10 minutes prior to the start time.  A replay of the webcast will be access

Notable Items for First Quarter 2022 Quarterly net income of $57.5 million and diluted earnings per share of $0.74, which included $0.07 per share negative impact from acquisition-related expensesRecord non-PPP first quarter loan production of $464.2 millionDeposits increased $289.1 millionNet interest margin of 3.12%, an increase of 7 basis points from the linked quarterNonperforming assets to period-end assets ratio decreased to 0.09%Regular cash dividend declared of $0.30 per shareBank of Commerce Holdings integration completedTACOMA, Wash., April 21, 2022 /PRNewswire/ -- Clint Stein, President and Chief Executive Officer of Columbia Banking System, Inc. ("Columbia", "we" or "us") and Col

TACOMA, Wash., March 31, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) expects to report first quarter 2022 financial results before the market opens on Thursday, April 21, 2022. Management will discuss these results on a conference call scheduled for Thursday, April 21, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may listen to this discussion through one of two options: Option One: Web eventJoin the call through a live-streamed web-based event. If you choose this option, it is recommended that you listen through your ph

TACOMA, Wash., Jan. 19, 2022 /PRNewswire/ -- Notable Items for Fourth Quarter 2021 and Fiscal Year 2021 Completed acquisition of Bank of Commerce Holdings Announced merger agreement with Umpqua Holdings Corporation Record full year 2021 net income of $202.8 million and diluted earnings per share of $2.78 Quarterly net income of $42.9 million and diluted earnings per share of $0.55, which included $0.12 per share negative impact from acquisition-related expenses Record fourth quarter loan production of $640.5 million and full year production of $2.56 billion Loan portfolio incr

TACOMA, Wash., Jan. 7, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) expects to report fourth quarter and full-year 2021 financial results after the market closes on Wednesday, January 19, 2022. Management will discuss these results on a conference call scheduled for Thursday, January 20, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET). Interested parties may listen to this discussion through one of two options: Option One: Web eventJoin the call through a live-streamed web-based event. If you choose this option, it is recommended that you list

TACOMA, Wash., Oct. 28, 2021 /PRNewswire/ -- Notable Items for Third Quarter 2021 Quarterly net income of $53.0 million and diluted earnings per share of $0.74 Total loans, net of PPP loans, increased $183.2 million, or 8% annualized1 Strong loan production of $366.2 million Deposits increased $608.0 million, or 16% annualized Net interest margin of 3.17%, an increase of 1 basis point from the linked quarter Nonperforming assets to period-end assets ratio decreased to 0.13% Loan balances subject to deferral declined 20% from June 30, 2021Clint Stein, President and Chief Execut

TACOMA, Wash., Oct. 14, 2021 /PRNewswire/ -- Columbia Banking System, Inc. ((", Columbia", NASDAQ:COLB) expects to report third quarter 2021 financial results before the market opens on Thursday, October 28, 2021. Management will discuss these results on a conference call scheduled for 10:00 a.m. Pacific Time (1:00 p.m. ET). Interested parties may listen to this discussion through one of two options: Option One: WebcastJoin the call through a live-streamed web-based event. If you choose this option, it is recommended that you listen through your phone or computer speakers and

TACOMA, Wash. and PORTLAND, Ore., Oct. 12, 2021 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia") (NASDAQ:COLB), the parent company of Columbia State Bank, and Umpqua Holdings Corporation ("Umpqua") (NASDAQ:UMPQ), the parent company of Umpqua Bank, today announced that they have entered into a definitive agreement under which the companies will join together in an all-stock combination. Under the terms of the agreement, which was unanimously approved by the boards of directors of both companies, Umpqua shareholders will receive 0.5958 of a share of Columbia stock for