8-K
filed January 24, 2023, 6:59 PM ET
ticker COLB
CIK 0000887343
earnings
confidence high
sentiment positive
materiality 0.80
Columbia Banking record Q4 net income $68.9M; NIM expands to 3.64%; declares $0.30 dividend
COLUMBIA BANKING SYSTEM, INC.
2022-FY EPS reported
$3.20
revenue$85,825,000
- Record full year net income $250.2M, diluted EPS $3.20.
- Q4 net income $68.9M, diluted EPS $0.88 (incl. $0.05 merger costs).
- Net interest margin 3.64%, up 17 bps from linked quarter; deposits fell $1.23B to $16.71B.
- Expects merger with Umpqua Holdings to close after Feb 28, 2023; NPA ratio 0.07%.
- Declares $0.30/share quarterly dividend payable Feb 21, 2023 to holders of record Feb 6.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
COLUMBIA BANKING SYSTEM, INC. reported quarter ended December 31, 2022 results: net income $68.9 million, EPS $0.88 per diluted share.
- Period
- quarter ended December 31, 2022
- Net income
- $68.9 million
- EPS
- $0.88 per diluted share
- Result
- reported results
Exact text from the filing
announced record earnings for the fourth quarter of $68.9 million and diluted earnings per share of $0.88.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
COLUMBIA BANKING SYSTEM, INC. reported year ended December 31, 2022 results: net income $250.2 million, EPS $3.20 per diluted share.
- Period
- year ended December 31, 2022
- Net income
- $250.2 million
- EPS
- $3.20 per diluted share
- Result
- reported results
Exact text from the filing
Record full year net income of $250.2 million and diluted earnings per share of $3.20
View on SEC.gov
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