earnings
confidence high
sentiment neutral
materiality 0.70
Columbia Banking Q1 2026: Net income $192M ($0.66 EPS), NIM 3.96%, NPA ratio 0.40%
COLUMBIA BANKING SYSTEM, INC.
2026-Q1 EPS reported
$0.66
- GAAP net income $192M ($0.66 diluted EPS); operating net income $209M ($0.72 EPS).
- Net interest margin 3.96%, down 10 bps QoQ; net interest income $594M, down $33M.
- Credit quality: Net charge-offs 0.30% annualized (up from 0.25%); provision $28M.
- Repurchased $200M of stock at avg $30.74; declared $0.37 dividend per share.
- Pacific Premier merger integration on track; cost savings expected by June 30, 2026.