TACOMA, Wash., Feb. 24, 2025 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia"Nasdaq: COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 46th Annual Institutional Investors Conference on Monday, March 3, 2025, at 4:00 p.m. ET. Mr. Stein is also scheduled to present at the 2025 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 5, 2025, at 2:40 p.m. ET.A live audiocast of each event, which may contain forward-looking statements, ...

Columbia Banking System, Inc. (NASDAQ:COLB) Q4 2024 Earnings Conference Call January 23, 2025 5:00 PM ET Company Participants Jacquelynne Bohlen - IR, Director Clint Stein - President and CEO Ronald Farnsworth - EVP and CFO Frank Namdar - EVP and Chief Credit Officer Torran Nixon - President, Commercial Banking of Umpqua Bank Christopher Merrywell - President, Consumer Banking of Umpqua Bank Conference Call Participants Jeff Rulis - D.A. Davidson Jon Arfstrom - RBC Capital Markets David Feaster - Raymond Ja ...

Financial Performance - Columbia Banking reported revenue of $487.12 million for the quarter ended December 2024, a year-over-year decline of 6.2% [1] - EPS for the quarter was $0.71, compared to $0.44 a year ago, representing a significant increase [1] - The revenue was slightly below the Zacks Consensus Estimate of $491.6 million, with a surprise of -0.91% [1] - EPS exceeded the consensus estimate of $0.65, with a positive surprise of +9.23% [1] Key Metrics Analysis - Efficiency Ratio: 54.6% versus the four-analyst average estimate of 53.8% [4] - Net Interest Margin: 3.6%, matching the four-analyst average estimate [4] - Net charge-offs to average loans outstanding: 0.3%, in line with the four-analyst average estimate [4] - Average Balance - Total interest earning assets: $47.87 billion, slightly below the four-analyst average estimate of $48.46 billion [4] - Total non-performing assets: $169.56 million, below the three-analyst average estimate of $174.59 million [4] - Total non-performing loans and leases: $166.89 million, above the three-analyst average estimate of $149.31 million [4] - Net Interest Income: $437.37 million, exceeding the four-analyst average estimate of $432.64 million [4] - Total noninterest income: $49.75 million, below the four-analyst average estimate of $59 million [4] - Service charges on deposits: $18.40 million, slightly below the three-analyst average estimate of $18.90 million [4] - Net interest income (FTE): $438.42 million, exceeding the three-analyst average estimate of $433.93 million [4] - Financial services and trust revenue: $5.27 million, slightly below the three-analyst average estimate of $5.30 million [4] - BOLI income: $4.74 million, exceeding the two-analyst average estimate of $4.28 million [4] Stock Performance - Shares of Columbia Banking have returned +4.4% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently has a Zacks Rank 3 (Hold), indicating it could perform in line with the broader market in the near term [3]

Columbia Banking (COLB) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.23%. A quarter ago, it was expected that this bank holding company would post earnings of $0.61 per share when it actually produced earnings of $0.69, delivering a surprise of 13.11%.Over the last four quarters, ...

4th Quarter 2024 Earnings Presentation January 23, 2025 Disclaimer FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which management believes are a benefit to shareholders. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to various risk factors, including those set forth from time to time in our filings wit ...

EXHIBIT 99.1 COLUMBIA BANKING SYSTEM, INC. REPORTS FOURTH QUARTER 2024 RESULTS $143 million $150 million $0.68 $0.71 Net income Operating net income Earnings per diluted common share Operating earnings per diluted common share 1 1 CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financ ...

TACOMA, Wash., Jan. 23, 2025 /PRNewswire/ --  $143 million $150 million $0.68 $0.71 Net income Operating net income 1 Earnings per diluted common share Operating earnings per diluted common share 1 CEO Commentary "Our fourth quarter and 2024 results reflect significant strides toward top-quartile performance," said Clint Stein, President and CEO. "Our optimized expense base, improved pricing strategies, and targeted franchise investments have not only strengthened our financia ...

Wall Street analysts expect Columbia Banking (COLB) to post quarterly earnings of $0.65 per share in its upcoming report, which indicates a year-over-year increase of 47.7%. Revenues are expected to be $491.6 million, down 5.3% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ah ...

I am a self-taught value investor focusing on Equity REITs, ETFs, special-situation opportunities, portfolio management, and factor investing. My goal is to generate above-average returns with below-average volatility. My ideas are usually long-term but I will respond appropriately to unexpected events if they seem to disrupt any of my theses.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended: September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from to . Commission File Number: 000-20288 COLUMBIA BANKING SYSTEM, INC. (Exact Name of Registrant as Specified in Its Charter) Washington 91-1422237 (State or Other Ju ...