TACOMA, Wash., Jan. 22, 2026 /PRNewswire/ —
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$215 million |
| $243 million |
| $0.72 |
| $0.82 |
Net income |
| Operating net income1 |
| Earnings per common share –
diluted |
| Operating earnings per
common share – diluted1 |
CEO Commentary |
“Our fourth quarter performance marked a strong end to a tremendous year for Columbia, reflecting continued momentum across our
businesses and our commitment to consistent, repeatable results,” said Clint Stein, President and CEO. “Our operating performance was
supported by disciplined balance sheet management, new and expanding customer relationships, and the first full-quarter contribution
from Pacific Premier. We remain on track for a seamless systems conversion later this quarter, which will enable us to fully realize deal-
related cost savings and achieve a clean expense run rate by the third quarter. Investments made throughout 2025 strengthened our
western footprint and enhanced our long-term earnings power, and we entered 2026 with healthy pipelines, solid capital generation, and a
clear path to continued operational improvement, all in support of long-term value creation and ongoing capital return to our shareholders.” |
– Clint Stein, Chair, CEO & President of Columbia Banking System, Inc. |
4Q25 HIGHLIGHTS (COMPARED TO 3Q25) |
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|
|
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Net Interest
Income and
NIM | • Net interest income increased by $122 million
from the prior quarter, due to two additional
months operating as a combined company and
lower interest expense due to favorable funding
mix trends |
|
• Net interest margin was 4.06%, up 22 basis
points from the prior quarter, due to a favorable
funding mix shift following the reduction in
higher-cost funding sources during the prior
quarter. The net interest margin also was
impacted by two additional months operating as
a combined company in the current period |
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|
|
|
Non-Interest
Income and
Expense | • Non-interest income increased by $13 million.
Excluding the impact of fair value and hedges,1
non-interest income increased by $16 million,
due to two additional months operating as a
combined company and an increase in
customer fee income |
|
• Non-interest expense increased by $19 million,
due to two additional months operating as a
combined company, partially offset by lower
merger expense |
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|
|
|
Credit
Quality | • Net charge-offs were 0.25% of average loans
and leases (annualized), compared to 0.22% for
the prior quarter |
|
• Provision expense was… |
Read More: COLUMBIA BANKING SYSTEM, INC. REPORTS FOURTH QUARTER 2025 RESULTS
