EXHIBIT 99.1 | --- | --- | --- | --- | |---------------------------|-------------------------------------------|--------------------------------------------------------|------------------------------------------------| | COLUMBIA \n$120 million | BANKING SYSTEM, INC. \n$140 million | REPORTS SECOND QUARTER \n$0.57 | 2024 RESULTS \n$0.67 | | Net income | 1 | Operating net income Earnings per diluted common share | Operating earnings per diluted common share 1 | 2Q24 HIGHLIGHTS (COMPARED TO | --- | --- | --- ...

In addition to results presented in accordance with GAAP, this presentation contains certain non-GAAP financial measures. A reconciliation of GAAP to non-GAAP measures is included in the Appendix. Headquarters Tacoma, Washington Common Equity Tier 1 Capital Ratio 9.9%(1) ■ In-market, relationship-based commercial banking ■ Full suite of deposit products and services with contemporary digital capabilities ■ Expanding small business platform ■ Comprehensive and growing wealth advisory and trust businesses (1) ...

Analysts on Wall Street project that Columbia Banking (COLB) will announce quarterly earnings of $0.57 per share in its forthcoming report, representing a decline of 29.6% year over year. Revenues are projected to reach $474.8 million, declining 9.3% from the same quarter last year. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has ...

TACOMA, Wash., June 28, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia"Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release second quarter 2024 financial results on Thursday, July 25, 2024, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's second quarter 2024 financial results and provide an update on recent activities. There will be a ...

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LAKE OSWEGO, Ore., June 13, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today released the findings of its annual Business Barometer, an in-depth study into the mood, mindset and strategic priorities of small and middle market businesses across the U.S. For the first time in its six-year history, the study shows a widening gap between the outlook and plans of middle market companies and small businesses. Middle market optimism and key growth indicators hav ...

Finally, with strong financial indicators, the third one commands respect in regional banking. Strategic balance sheet expansion is the foundation for its strong performance, as seen by its earnings per share (EPS), return on equity and net interest income. Overall, these businesses offer more than just financial prospects. They are examples of resilience against volatile markets. One should look for hidden jewels in the stock market, which provide stability and development possibilities. Three businesses h ...

| --- | --- | |-------------------|--------------------------------------------------------------------------------------------------------------------------------| | | GLOSSARY OF DEFINED TERMS | | ACL | Allowance for Credit Losses | | ACLLL | Allowance for Credit Losses on Loans and Leases | | ASU | Accounting Standards Update | | Bank | Umpqua Bank | | Basel III | Basel Capital Framework (third accord) | | BOLI | Bank Owned Life Insurance | | BTFP | Bank Term Funding Program | | CECL | Current Expected C ...

LAKE OSWEGO, Ore., May 2, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced it has been named to Global Finance's 31st annual World's Best Banks list. Umpqua was named the best U.S. regional bank in the Far West. New York-based Global Finance, a leading international corporate finance publication, each year ranks banks around the world based on a combination of factors including financial performance, balance sheet strength, breadth of products an ...

The company beat on the bottom line, but whiffed on revenue in its latest-reported quarter.Despite a mixed first quarter, investors gave the benefit of the doubt to Columbia Banking System (COLB 0.58%) on Friday. The Washington state-based company, arguably best known as the operator of the region's Umpqua Bank, managed to lift several of its more important metrics during the period. Its share price inched up by 0.6%, a rate slightly outpaced by the S&P 500 index's 1% rise.A miss on revenue, but a solid bea ...