COLUMBIA BANKING SYSTEM, INC. REPORTS THIRD QUARTER 2026 RESULTS
Key Highlights
- ➤Operating earnings per diluted share $0.82, versus $0.76 in the prior quarter
- ➤Net interest income increased $26 million to $615 million quarter over quarter
- ➤Net interest margin rose 18 basis points to 4.11%
- ➤Board authorized a new $1.2 billion common-stock repurchase program
- ➤Deposits increased $684 million to $52.7 billion, while borrowings fell $1 billion
Expert Statements
Clint Stein, Chairman, CEO & President of Columbia Banking System, Inc.
“Our third quarter performance demonstrates the benefits of consistent execution and active balance sheet management”
Clint Stein, Chairman, CEO & President of Columbia Banking System, Inc.
“By remaining focused on relationship-driven growth, prudent loan and deposit pricing, and operational discipline, we continued to improve our profitability while maintaining strong credit quality and returning excess capital.”
Clint Stein, Chairman, CEO & President of Columbia Banking System, Inc.
“Over the past year, we returned over $1 billion to our shareholders through dividends and share repurchases, completing our existing buyback authorization in the process.”
Clint Stein, Chairman, CEO & President of Columbia Banking System, Inc.
“Our Board of Directors has authorized a new $1.2 billion share repurchase program, reflecting confidence in our long-term strategy and our outlook for continued excess capital generation.”
Clint Stein, Chairman, CEO & President of Columbia Banking System, Inc.
“We remain focused on growing our franchise in ways that strengthen customer relationships, enhance the quality of our balance sheet, and support attractive long-term returns for our shareholders.”
Chris Merrywell, President of Columbia Bank
“Our bankers continued to deepen customer relationships and generate new business opportunities during the third quarter”
Chris Merrywell, President of Columbia Bank
“Commercial loan growth remained healthy, supported by strong customer engagement across our markets.”
Chris Merrywell, President of Columbia Bank
“While transactional loan payoffs moderated overall growth, we continued to grow in the ways we intend, increasing the proportion of relationship-based commercial loans within our portfolio.”
Chris Merrywell, President of Columbia Bank
“Deposit growth during the third quarter benefited from seasonal customer balance growth and new customer acquisition”
Chris Merrywell, President of Columbia Bank
“Our teams remain focused on understanding our customers' needs and delivering tailored solutions that create value beyond pricing, reinforcing the customer relationships that differentiate our franchise in an evolving interest rate environment.”
COLUMBIA BANKING SYSTEM, INC. REPORTS THIRD QUARTER 2026 RESULTS PR Newswire
Net incomeOperating net income(1)Earnings per common share -Operating earnings per
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