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

Issuer:     COLUMBIA BANKING SYSTEM, INC. (COLB)
CIK:        0000887343
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0000887343-26-000132
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbia Banking Q1 2026: Net income $192M ($0.66 EPS), NIM 3.96%, NPA ratio 0.40%
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887343/000088734326000132/0000887343-26-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887343/000088734326000132/colb-20260423.htm
  HTML page:      https://secwatch.observer/filing/0000887343-26-000132

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