Columbia Banking System Inc

Latest Results (19.11.2025):

Columbia Banking System Inc. reported robust financial results for the third quarter of 2025, highlighted by improved net interest income, healthy non-interest income growth, and strategic actions including the acquisition of Pacific Premier and a new $700 million share repurchase program. The earnings report reflects the company’s continued focus on efficient balance sheet management, customer deposit growth, and integration efforts post-acquisition as it positions itself for sustainable, long-term shareholder value.

Net Interest Income Improvement

During Q3 2025, Columbia Banking System Inc. saw its net interest income rise to $505 million, marking an increase of $59 million from the previous quarter. This growth was driven by one month of operating as a combined company and a favorable shift towards lower-cost customer deposits, which boosted the net interest margin to 3.84%, up by 9 basis points.

Non-Interest Income and Expense

For the quarter, non-interest income reached $77 million—up $12 million from Q2 2025—bolstered by favorable fair value adjustments and MSR hedging activities. However, non-interest expenses also increased by $115 million, largely due to merger-related and restructuring expenses, reflecting the costs associated with integration and acquisition activities.

Strategic Acquisition and Capital Return Initiatives

The report underlines Columbia Banking System Inc.'s successful integration of Pacific Premier, which completes its strategic expansion in the Western region. Additionally, the Board’s authorization of a $700 million share repurchase program reinforces the company’s commitment to returning excess capital to shareholders, aligning with its drive for top-quartile returns and long-term value creation.