Business
COLUMBIA BANKING SYSTEM, INC. REPORTS THIRD QUARTER 2025 RESULTS
TACOMA, Wash., Oct. 30, 2025 /PRNewswire/ -- $96 million $204 million $0.40 $0.85 Net income Operating net income 1 Earnings per common share - diluted
About this update from Columbia Banking System, Inc.
[{"type":"text","content":"\n TACOMA, Wash., Oct. 30, 2025 /PRNewswire/ --\n \n \n \n \n \n \n \n \n \n \n \n \n $96 million\n \n \n \n \n \n \n \n $204 million\n \n \n \n \n \n \n \n $0.40\n \n \n \n \n \n \n \n $0.85\n \n \n \n \n \n \n Net income\n \n \n \n \n \n \n \n Operating net income 1\n \n \n \n \n \n \n \n Earnings per common share - diluted\n \n \n \n \n \n \n \n Operating earnings per common share - diluted 1\n \n \n \n \n \n \n \n \n \n \n \n \n CEO Commentary\n \n \n \n \n \n \n \n \"Our third quarter performance reflects meaningful progress and growing momentum,\" said Clint Stein, President and CEO. \"We closed our strategic acquisition of Pacific Premier, which completes our Western footprint and enhances our ability to generate top-quartile returns. While reported results were impacted by acquisition-related items, core profitability remained strong. Customer deposit growth supported balance sheet optimization, as we organically reduced transactional loans and non-core funding. Underscoring confidence in our strategy and an outlook for continued excess capital generation, our Board of Directors authorized a $700 million share repurchase program. As we integrate new capabilities and deepen both new and existing customer relationships, we remain focused on delivering consistent, repeatable performance while positioning the company for sustainable, relationship-driven growth and capital return to our shareholders.\" \n \n \n \n \n \n \n – Clint Stein, President and CEO of Columbia Banking System, Inc.\n \n \n \n \n \n \n \n \n \n \n \n \n 3Q25\n HIGHLIGHTS (COMPARED TO 2Q25)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net InterestIncome andNIM\n \n \n \n \n • Net interest income increased by $59 million from the prior quarter, due to one month operating as a combined company and a favorable shift into lower-cost funding sources.\n \n \n \n \n \n \n \n \n \n • Net interest margin was 3.84%, up 9 basis points from the prior quarter, due to an increase in customer deposits and corresponding reduction in higher-cost funding sources. The net interest margin was also impacted by one month operating as a combined company in the current period.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Non-Interest Income and Expense\n \n \n \n \n • Non-interest income increased by $12 million. Excluding the impact of fair ...