secwatch.observer — SEC 8-K summary
======================================

Issuer:     COLUMBIA BANKING SYSTEM, INC. (COLB)
CIK:        0000887343
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0000887343-26-000012
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 net income $215M; operating EPS $0.82; NIM expands to 4.06%
-------------------------------------------------------------------------------

- Diluted EPS $0.72; operating EPS $0.82; net interest income $627M up $122M QoQ.
- Net interest margin 4.06% (+22 bps QoQ) driven by lower funding costs and full-quarter Pacific Premier contribution.
- Repurchased $100M of common stock (3.7M shares at avg $27.07); dividend raised to $0.37/share.
- Clint Stein appointed Chair effective Jan 22; Ivan Seda became CFO on Dec 31, 2025.
- Provision for credit losses $23M; net charge-offs 0.25% annualized vs 0.22% prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887343/000088734326000012/0000887343-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887343/000088734326000012/colb-20260122.htm
  HTML page:      https://secwatch.observer/filing/0000887343-26-000012

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