Group 1 - Monteverde & Associates PC is investigating Columbia Banking System, Inc. in relation to its proposed merger with Pacific Premier Bancorp, Inc. [1] - Under the merger agreement, Pacific Premier stockholders will receive 0.9150 shares of Columbia common stock for each share of Pacific Premier they own [1] - Monteverde & Associates PC has a successful track record in recovering millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report [1][2] Group 2 - The firm operates from the Empire State Building in New York City and is a national class action securities firm [2] - Monteverde & Associates PC emphasizes that no company, director, or officer is above the law, and encourages shareholders with concerns to reach out for additional information [3] - The firm has a history of litigating and recovering money for shareholders, including cases that have reached the U.S. Supreme Court [2][4]

Columbia Banking (COLB) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items. What's Next for Columbia Banking? While Columbia Banking has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help in ...

Financial Performance - Net income for Q1 2025 was $87 million, with earnings per diluted common share at $0.41, down from $0.67 in Q4 2024[1] - Net income for the quarter was $86,609,000, reflecting a 40% decrease from $143,269,000 in the prior quarter[27] - Earnings per common share (basic) fell to $0.41, down 41% from $0.69 in the previous quarter[27] - Net interest income decreased by $12 million to $425 million, with a net interest margin of 3.60%, down 4 basis points from the previous quarter[8][9] - Net interest income was $424,995,000, a 3% decrease from $437,373,000 in the prior quarter[27] - Non-interest income rose to $66 million, an increase of $17 million from the prior quarter, primarily due to fair value adjustments[10] - Non-interest income increased by 33% year-over-year to $66,377,000, compared to $49,747,000 in the same quarter last year[27] - Non-interest expense increased by $74 million to $340 million, including a $55 million legal settlement accrual[11] - Total non-interest expense rose by 28% sequentially to $340,122,000, up from $266,576,000 in the previous quarter[27] - The efficiency ratio rose to 69.06%, up from 54.61% in the previous quarter, indicating a decline in operational efficiency[30] - Return on average assets (ROAA) decreased to 0.68%, down from 1.10% in the previous quarter, showing a decline in profitability[30] - Operating revenue (non-GAAP) was $481,915, a 2% decrease sequentially but a 1% increase year-over-year[46] - Operating net income (non-GAAP) decreased to $139,773, reflecting a 7% decline sequentially and a 4% increase year-over-year[46] Asset and Deposit Growth - Total deposits increased by $497 million to $42.2 billion, driven by strong customer deposit growth in March[15] - Total deposits increased to $42,217,694 as of March 31, 2025, reflecting a 1% sequential increase and a 1% year-over-year increase[32] - Demand, non-interest bearing deposits rose to $13,413,927, a 1% increase sequentially but a 3% decrease year-over-year[32] - Core deposits reached $38,079,274, marking a 2% sequential increase and a 2% year-over-year increase[32] - Total consolidated assets were $51.5 billion, slightly down from $51.6 billion in the previous quarter[12] - Total assets decreased slightly to $51,519,266, showing no change sequentially and a 1% decline year-over-year[44] Credit Quality and Loss Provisions - The provision for credit losses was $27 million, with net charge-offs at 0.32% of average loans and leases, up from 0.27% in the previous quarter[16][17] - Provision for credit losses was $27,403,000, a 3% decrease from $28,199,000 in the prior quarter[27] - Non-performing loans and leases to total loans increased to 0.47%, up from 0.44% in the previous quarter, indicating a slight deterioration in asset quality[30] - Total non-performing assets increased to $177,996 thousand, a 5% sequential increase and a 24% year-over-year increase[35] - Total charge-offs amounted to $34,113 thousand, representing a 13% increase sequentially and a 31% decrease year-over-year[37] - Net charge-offs totaled $29,321 thousand, a 14% increase sequentially and a 33% decrease year-over-year[37] Capital Ratios and Shareholder Equity - Columbia's book value per common share increased to $24.93 as of March 31, 2025, up from $24.43 as of December 31, 2024[18] - The tangible book value per common share rose to $17.86 as of March 31, 2025, compared to $17.20 at the end of the previous quarter[18] - The estimated common equity tier 1 risk-based capital ratio was 10.6% as of March 31, 2025, slightly up from 10.5% as of December 31, 2024[18] - Total shareholders' equity increased to $5,237,809, reflecting a 2% sequential growth and a 6% year-over-year increase[44] - Total risk-based capital ratio remained stable at 12.8%, reflecting strong capital adequacy[30] Strategic Initiatives and Acquisitions - The company announced an acquisition of Pacific Premier Bancorp, expected to close in the second half of 2025, enhancing market presence in Southern California[6] - Columbia Banking System, Inc. will discuss its first quarter 2025 financial results during a joint conference call on April 23, 2025[21] - The company emphasizes its commitment to developing and marketing new products and technology as part of its growth strategy[24] - The company is in the process of a proposed business combination with Pacific Premier Bancorp, with expectations for completion subject to various risks and uncertainties[56] - The merger transaction is subject to regulatory approvals and shareholder votes, with necessary filings to be made with the SEC[59] - Management's attention may be diverted from ongoing operations due to the merger process, potentially affecting business opportunities[57] Market and Economic Conditions - Columbia's management anticipates potential risks including economic conditions and changes in interest rates that could impact future performance[24] - Potential risks include changes in economic conditions, interest rate fluctuations, and competitive pressures that could impact the merger's success[57]

Core Viewpoint - Columbia Banking System, Inc. will acquire Pacific Premier Bancorp, Inc. in an all-stock transaction valued at approximately $2.0 billion, creating a combined entity with around $70 billion in assets, positioning it as a market leader in the Western U.S. banking sector [1][2][5] Strategic Benefits - The merger establishes a leading banking franchise in the Western region, enhancing competitive positioning in Southern California and expanding service offerings [2][5] - The transaction accelerates Columbia's expansion in Southern California by about a decade, moving its deposit market share into a top-10 position [5] - Pacific Premier's specialized banking verticals, such as HOA Banking and Custodial Trust, will enhance Columbia's product offerings [5] - The combined company will continue to support local communities through volunteerism and charitable initiatives [5] Financial Benefits - The merger is projected to deliver mid-teens EPS accretion to Columbia, with tangible book value dilution expected to be earned back in three years [5][12] - The transaction is anticipated to create approximately $0.9 billion in value based on achievable cost synergies, with expected expense savings of $88 million after-tax [12] - The combined entity is positioned to achieve top-quartile profitability metrics, including an anticipated 20% ROATCE and 1.4% ROAA by 2026 [12] Company Overview - Columbia Banking System, Inc. is headquartered in Tacoma, Washington, and is the parent company of Umpqua Bank, which operates across multiple states in the Western U.S. [10] - Pacific Premier Bancorp, Inc. is a commercial bank focused on serving small to middle-market businesses throughout the Western U.S., with approximately $18 billion in total assets [11]

Core Viewpoint - Columbia Banking (COLB) is expected to report quarterly earnings of $0.63 per share, reflecting a year-over-year decline of 3.1%, with revenues projected at $481.3 million, an increase of 1.6% from the previous year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a reassessment by analysts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions and short-term stock performance [2] Key Metrics Projections - Total non-performing assets are projected to reach $175.35 million, up from $143.80 million a year ago [4] - The Efficiency Ratio is expected to improve to 55.1% from 60.6% in the same quarter last year [4] - Net Interest Margin is forecasted at 3.6%, slightly up from 3.5% a year ago [4] Additional Financial Metrics - Average Balance of Total interest earning assets is estimated at $47.98 billion, down from $48.28 billion in the same quarter last year [5] - Total non-performing loans and leases are expected to be $172.56 million, compared to $142.04 million a year ago [5] - Net Interest Income is projected at $422.64 million, slightly lower than $423.36 million reported last year [6] - Total noninterest income is expected to reach $57.85 million, up from $50.36 million a year ago [6] - Service charges on deposits are forecasted at $18.36 million, compared to $16.06 million last year [6] - Net interest income (FTE) is expected to be $422.66 million, down from $424.34 million last year [7] - Financial services and trust revenue is projected at $5.24 million, up from $4.46 million a year ago [7] Stock Performance - Over the past month, Columbia Banking shares have declined by 14.1%, compared to a 8.9% decline in the Zacks S&P 500 composite [8] - Columbia Banking holds a Zacks Rank 2 (Buy), suggesting it may outperform the overall market in the upcoming period [8]

Columbia Banking (COLB) has been beaten down lately with too much selling pressure. While the stock has lost 13.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillat ...

Company Overview - Columbia Banking (COLB) shares increased by 6.9% to close at $22.21, following a broader market rally driven by President Trump's announcement of a 90-day tariff pause for non-retaliating nations [1] - The stock had previously experienced a 13% loss over the past four weeks, indicating a significant recovery [1] Earnings Expectations - Columbia Banking is expected to report quarterly earnings of $0.63 per share, reflecting a year-over-year decline of 3.1% [2] - Projected revenues for the upcoming quarter are $481.3 million, which represents a 1.6% increase from the same quarter last year [2] Stock Performance and Trends - The consensus EPS estimate for Columbia Banking has remained unchanged over the last 30 days, suggesting that the recent stock price increase may not be sustainable without positive earnings estimate revisions [3] - Columbia Banking currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook compared to other stocks in the same industry [3] Industry Comparison - Columbia Banking is part of the Zacks Banks - West industry, where another competitor, Glacier Bancorp (GBCI), saw a 9.8% increase in its stock price, closing at $41.55 [3] - Glacier Bancorp's consensus EPS estimate for the upcoming report is $0.48, showing a significant year-over-year increase of 65.5% [4]

Tariffs are in the news and will impact the broad stock market in 2025 and potentially longer, but not all stocks are in the same precarious predicament. While many companies manufacture and/or sell their products and services overseas, not all do, and some companies are actually positioned to benefit from the tariff impact. Companies with strong domestic operations and limited reliance on foreign markets may emerge as winners amid the 2025 tariff shake-up. Here's a closer look at four stocks with limited i ...

Columbia (Nasdaq: COLB) is headquartered in Tacoma, Washington and is the parent company of Umpqua Bank, an award-winning western U.S. regional bank based in Lake Oswego, Oregon. Umpqua Bank is the largest bank headquartered in the Northwest and one of the largest banks headquartered in the West with locations in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. With over $50 billion of assets, Umpqua Bank combines the resources, sophistication, and expertise of a national bank wit ...

Core Insights - Umpqua Bank has opened its first retail branch and commercial office in Denver, Colorado, marking a significant step in its expansion strategy across the Western U.S. [1][3] - The bank's growth in Colorado builds on its initial market entry in 2022, focusing on commercial real estate services and expanding its offerings to include private banking and wealth management [1][3][4] Expansion Strategy - The new Denver location includes a 7,500 square foot commercial space and a 2,600 square foot retail branch, demonstrating the bank's commitment to supporting a wide range of customer banking needs [4][5] - Umpqua Bank plans to open another commercial and retail location in Colorado Springs later in 2025, indicating ongoing expansion efforts in the state [6] Community Engagement - Umpqua Bank actively contributes to local communities, with the Umpqua Bank Charitable Foundation donating a total of $60,000 to various organizations in Denver [7] - An additional $25,000 was donated to the Denver Indian Family Resource Center to support tribal and indigenous communities [8] Company Overview - Umpqua Bank, a subsidiary of Columbia Banking System, Inc., has over $50 billion in assets and operates nearly 300 branches across eight western states [9] - The bank has been recognized for its exceptional customer service and community involvement, being named one of "Oregon's Most Admired Companies" for 20 consecutive years [10]