Highest-materiality recent filing
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).
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.
Columbia Banking System increases quarterly dividend to $0.37 per share
Quarterly dividend raised 3% to $0.37 per share; payable Dec 15, 2025 to holders of record Nov 28, 2025.
Ivan Seda named CFO effective Dec 31, 2025; base salary $550,000, target incentive 85%, PSU grant $750,000.
Closed Pacific Premier acquisition on Aug 31, 2025; integration on track for Q1 2026.
Columbia Banking closes $2.38B Pacific Premier acquisition; pro forma assets $68.9B
Total consideration ~$2.38B: 88.9M COLB shares issued, exchange ratio 0.915, based on COLB closing price $26.77.
Columbia Banking System completes all-stock acquisition of Pacific Premier Bancorp
Each Pacific Premier share converted into 0.9150 share of Columbia common stock; former PPBI shareholders hold ~30% of combined company.
Columbia and Pacific Premier receive all regulatory approvals; closing expected August 31, 2025
All required regulatory approvals received from Federal Reserve, FDIC, and Oregon DFB.
Columbia Banking System Reports Q2 2025 Net Income of $152M, EPS $0.73
Net income $152M, diluted EPS $0.73; operating net income $160M, operating EPS $0.76.
Columbia Banking and Pacific Premier shareholders approve proposed acquisition
Columbia shareholders approved issuance of common stock: 183,261,639 for, 291,911 against (99.8% of votes cast).
Three complaints filed: Siegel (Columbia shareholders), Clark and Parshall (Pacific Premier stockholders) allege breach of fiduciary duty and misrepresentations in merger proxy.
Columbia Banking to acquire Pacific Premier Bancorp in all-stock merger (0.9150x)
Each PPBI share converts to 0.9150 COLB shares; fractional shares paid in cash.
Columbia posts Q1 net income $87M; acquires Pacific Premier in all-stock deal
Net income $87M ($0.41 diluted EPS); operating net income $140M ($0.67 operating EPS).
Columbia Banking to acquire Pacific Premier Bancorp in $2B all-stock deal
COLB to acquire PPBI at 0.9150x exchange ratio, valuing PPBI at ~$20.83/share; combined assets ~$70B
Columbia Banking eliminates Executive Chair role; O'Haver departs, Pope named non-executive chair
Cort O'Haver resigned as Executive Chair and director, effective March 31, 2025.
Columbia Banking settles class action against Umpqua Bank for $55M
Proposed settlement of $55M in class action; plaintiffs had alleged damages of $297.4M–$368.1M.
Columbia Banking Q4 2024 EPS $0.68 ($0.71 operating); full-year $2.55 ($2.71 operating)
Q4 2024 net income $143M ($0.68 diluted); operating net income $150M ($0.71 diluted).
Columbia Banking Q3 net income $146M, EPS $0.70; announces $70M net cost savings
Q3 2024 GAAP net income $146M ($0.70 diluted EPS); operating net income $143M ($0.69).
Columbia Banking Q2 net income $120M reported, $140M operating; EPS $0.57/$0.67
Q2 2024 reported net income $120M ($0.57 diluted EPS); operating net income $140M ($0.67).
Columbia Banking Q1 GAAP EPS $0.59; net interest margin falls 26 bps to 3.52%
GAAP diluted EPS $0.59, operating EPS $0.65; net interest income $423M, down $30M QoQ.
On March 30, 2025, the board of directors of Columbia Banking System, Inc. (the "Company") determined that Mr. Cort O’Haver, the Executive Chair of the Company’s board of directors, would no longer serve as Executive Chair, effective as of March 31, 2025.
the board elected director Maria Pope to serve as the independent, non-executive chair of the Company’s board of directors, effective April 1, 2025.
Max materiality 0.90 · Median 0.43 · Most common event dividend