secwatch.observer — SEC 8-K summary
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Issuer:     COLUMBIA BANKING SYSTEM, INC. (COLB)
CIK:        0000887343
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0000887343-25-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbia Banking Q4 2024 EPS $0.68 ($0.71 operating); full-year $2.55 ($2.71 operating)
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- Q4 2024 net income $143M ($0.68 diluted); operating net income $150M ($0.71 diluted).
- Full-year 2024 net income $534M ($2.55 diluted); operating net income $568M ($2.71 diluted).
- Pre-provision net revenue (PPNR): Q4 $221M reported, $229M operating; FY $825M reported, $871M operating.
- Total risk-based capital ratio 12.6% (est.), CET1 10.5%; achieved $82M annualized cost savings.
- Credit quality: NPA/assets 0.27%, net charge-offs 0.33% annualized; ACL/total loans 1.17% plus $60M credit discount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887343/000088734325000015/0000887343-25-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887343/000088734325000015/colb-20250123.htm
  HTML page:      https://secwatch.observer/filing/0000887343-25-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer