[Part I. Financial Information](index=4&type=section&id=Part%20I.%20FINANCIAL%20INFORMATION) [Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(unaudited)) The unaudited financial statements for the quarter ended March 31, 2025, show total assets of **$51.5 billion**, a slight decrease from year-end 2024, with net income of **$86.6 million** primarily impacted by a legal settlement expense, and a subsequent merger agreement announced [Condensed Consolidated Financial Statements](index=4&type=section&id=Condensed%20Consolidated%20Financial%20Statements) The company's total assets stood at **$51.5 billion** as of March 31, 2025, a slight decrease from **$51.6 billion** at the end of 2024, with Q1 2025 net income at **$86.6 million** ($0.41 per diluted share) down from **$124.1 million** ($0.59 per diluted share) in Q1 2024, primarily due to higher non-interest expenses including a significant legal settlement, and cash flow from operations at **$122.0 million** Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total cash and cash equivalents | $2,072,706 | $1,878,255 | | Net loans and leases | $37,194,606 | $37,256,272 | | Total assets | $51,519,266 | $51,576,397 | | Total deposits | $42,217,694 | $41,720,732 | | Total liabilities | $46,281,457 | $46,458,173 | | Total shareholders' equity | $5,237,809 | $5,118,224 | Condensed Consolidated Income Statement Highlights (in thousands, except per share) | Account | Three Months Ended Mar 31, 2025 | Three Months Ended Mar 31, 2024 | | :--- | :--- | :--- | | Net interest income | $424,995 | $423,362 | | Provision for credit losses | $27,403 | $17,136 | | Total non-interest income | $66,377 | $50,357 | | Total non-interest expense | $340,122 | $287,516 | | Net income | $86,609 | $124,080 | | Diluted EPS | $0.41 | $0.59 | Condensed Consolidated Cash Flow Highlights (in thousands) | Account | Three Months Ended Mar 31, 2025 | Three Months Ended Mar 31, 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $122,012 | $185,508 | | Net cash provided by (used in) investing activities | $250,245 | $(77,675) | | Net cash used in financing activities | $(177,806) | $(69,250) | | Net increase in cash and cash equivalents | $194,451 | $38,583 | [Note 2 – Debt Securities](index=11&type=section&id=Note%202%20%E2%80%93%20Debt%20Securities) As of March 31, 2025, the company held **$8.23 billion** in available-for-sale (AFS) debt securities at fair value, with mortgage-backed securities comprising the largest portion at **$5.83 billion**, and the portfolio had gross unrealized losses of **$482.4 million** primarily due to interest rate changes, not credit quality deterioration, thus requiring no allowance for credit losses Available for Sale Debt Securities (in thousands) | Security Type | Amortized Cost | Fair Value | | :--- | :--- | :--- | | U.S. Treasury and agencies | $1,426,351 | $1,373,033 | | Obligations of states and political subdivisions | $1,051,171 | $1,020,842 | | Mortgage-backed securities and CMOs | $6,204,692 | $5,834,930 | | **Total AFS securities** | **$8,682,214** | **$8,228,805** | - The company's debt securities had total unrealized losses of **$482.4 million** as of March 31, 2025, which management attributes to changes in interest rates and market spreads, not the credit quality of the issuers[21](index=21&type=chunk)[22](index=22&type=chunk) [Note 4 – Allowance for Credit Losses (ACL)](index=14&type=section&id=Note%204%20%E2%80%93%20Allowance%20for%20Credit%20Losses) The total Allowance for Credit Losses (ACL) was **$438.9 million** at March 31, 2025, a slight decrease from **$440.8 million** at year-end 2024, reflecting updated economic forecasts and model recalibrations, while non-accrual loans increased to **$122.4 million** from **$96.5 million** in the prior quarter, and loan modifications totaled **$54.0 million** in Q1 2025 - The total ACL decreased by **$1.9 million** to **$438.9 million** at March 31, 2025. The change reflects credit migration, updated economic assumptions, and model recalibrations[30](index=30&type=chunk) ACL Activity for Three Months Ended March 31, 2025 (in thousands) | Component | Beginning Balance (Dec 31, 2024) | Provision for Credit Losses | Net Charge-offs | Ending Balance (Mar 31, 2025) | | :--- | :--- | :--- | :--- | :--- | | Allowance for loans and leases | $424,629 | $26,187 | $(29,321) | $421,495 | | Reserve for unfunded commitments | $16,168 | $1,216 | N/A | $17,384 | | **Total ACL** | **$440,797** | **$27,403** | **$(29,321)** | **$438,879** | - Non-accrual loans increased to **$122.4 million** as of March 31, 2025, compared to **$96.5 million** at December 31, 2024[37](index=37&type=chunk)[38](index=38&type=chunk) [Note 7 – Commitments and Contingencies](index=28&type=section&id=Note%207%20%E2%80%93%20Commitments%20and%20Contingencies) The company disclosed significant legal proceedings, including a **$55.0 million** settlement for a class action lawsuit related to a Ponzi scheme, is defending multiple lawsuits consolidated into an MDL related to the MOVEit data breach, and as of March 31, 2025, had **$10.0 billion** in commitments to extend credit, with real estate loans representing **75%** of total loans - A Notice of Settlement was filed on March 27, 2025, for a class action lawsuit, contemplating a settlement payment of **$55.0 million** by the Bank. An accrual for this amount was recorded[67](index=67&type=chunk)[71](index=71&type=chunk) - The company is defending seven lawsuits, now consolidated into a multi-district litigation (MDL), arising from the MOVEit data breach incident reported by a third-party vendor[70](index=70&type=chunk) - Real estate-related loans represent a significant concentration of credit risk, comprising approximately **75%** of the total loan and lease portfolio as of March 31, 2025[75](index=75&type=chunk) [Note 13 – Subsequent Event](index=42&type=section&id=Note%2013%20%E2%80%93%20Subsequent%20Event) On April 23, 2025, Columbia Banking System, Inc. entered into a definitive merger agreement to acquire Pacific Premier Bancorp, Inc. in an all-stock transaction, where Pacific Premier stockholders will receive **0.9150** of a share of Columbia common stock for each Pacific Premier share, subject to shareholder and regulatory approvals - Announced a definitive agreement to acquire Pacific Premier Bancorp, Inc. in an all-stock transaction on April 23, 2025[126](index=126&type=chunk) - The merger will create a combined company with approximately **$70 billion** in assets. The closing is expected in the second half of 2025, pending customary approvals[126](index=126&type=chunk) [Management's Discussion and Analysis (MD&A)](index=43&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management's discussion highlights a decrease in quarterly earnings to **$0.41** per diluted share, heavily impacted by a **$55.0 million** legal settlement accrual, with net interest margin stable at **3.60%**, strong liquidity of **$19.0 billion**, capital ratios exceeding 'well-capitalized' minimums, and a normalizing credit environment with increased non-performing assets but a stable ACL at **1.17%** of total loans [Financial Performance](index=45&type=section&id=Financial%20Performance) For Q1 2025, diluted EPS was **$0.41**, a decrease from **$0.68** in Q4 2024 and **$0.59** in Q1 2024, primarily due to a **$55.0 million** legal settlement and **$14.6 million** in severance expenses, while net interest margin (tax-equivalent) was **3.60%**, non-interest income increased to **$66.4 million**, and non-interest expense rose to **$340.1 million** Quarterly Financial Performance Comparison | Metric | Q1 2025 | Q4 2024 | Q1 2024 | | :--- | :--- | :--- | :--- | | Diluted EPS | $0.41 | $0.68 | $0.59 | | Net Interest Margin (tax-equiv.) | 3.60% | 3.64% | 3.52% | | Non-interest Income | $66.4M | $49.7M | $50.4M | | Non-interest Expense | $340.1M | $266.6M | $287.5M | - The primary driver for the decrease in earnings compared to prior periods was a **$55.0 million** accrual for a legal settlement and **$14.6 million** in severance expense[137](index=137&type=chunk) [Financial Condition](index=56&type=section&id=Financial%20Condition) As of March 31, 2025, total assets were **$51.5 billion**, with total loans and leases decreasing slightly to **$37.6 billion** and total deposits growing to **$42.2 billion**, improving the loan-to-deposit ratio to **89%**, while non-performing assets increased to **0.35%** of total assets, and the company maintained a strong capital position with a CET1 ratio of **10.6%** and robust liquidity of **$19.0 billion** - Total loans and leases decreased by **$64.8 million** to **$37.6 billion**, while total deposits increased by **$497.0 million** to **$42.2 billion** from the prior quarter-end[181](index=181&type=chunk)[209](index=209&type=chunk) - Non-performing assets rose to **$178.0 million**, or **0.35%** of total assets, up from **$169.6 million** (**0.33%**) at year-end 2024, reflecting a normalization of the credit environment[140](index=140&type=chunk)[201](index=201&type=chunk) - The company's CET1 capital ratio was **10.6%** and its total risk-based capital ratio was **12.9%**, both exceeding 'well-capitalized' regulatory minimums[146](index=146&type=chunk)[226](index=226&type=chunk) - Total available liquidity was **$19.0 billion**, including **$15.0 billion** in off-balance sheet funding sources from the FHLB and Federal Reserve Discount Window[146](index=146&type=chunk)[218](index=218&type=chunk) [Credit Quality and Allowance for Credit Losses](index=61&type=section&id=Credit%20Quality%20and%20Allowance%20for%20Credit%20Losses) Asset quality showed signs of normalization with non-performing assets increasing to **$178.0 million** (**0.35%** of total assets), while the Allowance for Credit Losses (ACL) remained stable at **$438.9 million**, or **1.17%** of total loans, and the provision for credit losses for the quarter was **$27.4 million**, with net charge-offs of **$29.3 million** largely from the commercial portfolio Asset Quality Ratios | Ratio | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Non-performing assets to total assets | 0.35% | 0.33% | | Non-performing loans to total loans | 0.47% | 0.44% | | ACL to total loans and leases | 1.17% | 1.17% | - The ACL decreased by **$1.9 million** to **$438.9 million**, with changes reflecting credit migration, updated economic forecasts, and model recalibrations[202](index=202&type=chunk) - Net charge-offs for Q1 2025 were **$29.3 million**, or **0.32%** of average loans, an increase from **$25.7 million** (**0.27%**) in Q4 2024[160](index=160&type=chunk) [Market Risk Disclosures](index=69&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company's market risk profile has not materially changed, with interest rate simulation modeling showing limited exposure of Net Interest Income (NII) to rate changes (less than **1%** impact in plausible downward rate scenarios), and Economic Value of Equity (EVE) analysis indicating a liability-sensitive profile Net Interest Income Sensitivity (Year 1) | Rate Shock | Impact on NII (Mar 31, 2025) | | :--- | :--- | | Up 200 bps | (0.7)% | | Up 100 bps | (0.3)% | | Down 100 bps | 0.3% | | Down 200 bps | 1.0% | Economic Value of Equity (EVE) Sensitivity | Rate Shock | Impact on EVE (Mar 31, 2025) | | :--- | :--- | | Up 200 bps | (8.2)% | | Up 100 bps | (4.1)% | | Down 100 bps | 3.8% | | Down 200 bps | 6.5% | [Controls and Procedures](index=70&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of March 31, 2025, with no material changes in internal control over financial reporting during the quarter - Management concluded that disclosure controls and procedures are effective as of March 31, 2025[235](index=235&type=chunk) - No material changes to internal control over financial reporting occurred during the first quarter of 2025[236](index=236&type=chunk) [Part II. Other Information](index=71&type=section&id=Part%20II.%20OTHER%20INFORMATION) [Risk Factors](index=71&type=section&id=Item%201A.%20Risk%20Factors) The company introduced new risk factors related to its announced merger with Pacific Premier, including the possibility of non-completion due to regulatory or shareholder approval failures, potential adverse conditions imposed by regulators, challenges and costs of integration, loss of key personnel, business uncertainties during the pending merger, and the threat of shareholder litigation - The merger with Pacific Premier is subject to numerous conditions, including regulatory and shareholder approvals, which may not be fulfilled, potentially leading to the termination of the agreement[239](index=239&type=chunk)[240](index=240&type=chunk) - Regulatory approvals could be delayed or impose conditions that adversely affect the combined company's revenues or expected benefits from the merger[241](index=241&type=chunk)[242](index=242&type=chunk) - Integrating the two companies could be more difficult, costly, or time-consuming than expected, potentially leading to the loss of key employees, customer disruption, and failure to realize anticipated cost savings[245](index=245&type=chunk) [Share Repurchases](index=74&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During the first quarter of 2025, the company repurchased **249,856** shares of its common stock at an average price of **$26.98** per share, solely to satisfy withholding tax obligations upon the vesting of restricted stock units, as the company does not currently have a publicly announced share repurchase authorization Common Stock Repurchases (Q1 2025) | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | Jan 2025 | 24,206 | $27.01 | | Feb 2025 | 85,713 | $27.41 | | Mar 2025 | 139,937 | $26.71 | | **Total** | **249,856** | **$26.98** | - All shares repurchased during the quarter were to pay withholding taxes on vested restricted stock units and awards; the company does not have a current share repurchase plan[251](index=251&type=chunk)

Financial Data and Key Metrics Changes - The company reported first quarter EPS of $0.41 and operating EPS of $0.67, excluding a legal settlement of $55 million and other expenses [28][32] - The operating return on tangible equity was 15%, with operating pre-provision net revenue (PPNR) at $212 million [28][32] - Net interest margin (NIM) contracted by four basis points to 3.6% due to seasonal deposit flows [30][32] Business Line Data and Key Metrics Changes - Loan origination volume increased by 17% compared to Q1 2024, although total loan balances remained flat due to higher prepayment and payoff activity [9][10] - Noninterest income for the quarter was $66 million, with operating noninterest income at $56.9 million, up $2 million from the previous quarter [31][32] Market Data and Key Metrics Changes - The company achieved $440 million in net customer deposit growth during the first quarter, driven by small business and retail campaigns [9][30] - The overall allowance for credit losses was robust at 1.17% of total loans [30] Company Strategy and Development Direction - The acquisition of Pacific Premier Bancorp will create a $70 billion asset franchise and enhance the company's product offerings [12][16] - The company aims to optimize financial performance and drive long-term shareholder value, with a focus on relationship banking [7][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macroeconomic uncertainties and market volatility, emphasizing a conservative and disciplined approach to banking [23][24] - The acquisition is expected to accelerate organic growth opportunities and enhance capital generation capabilities [25][42] Other Important Information - The acquisition will not require additional capital, and the combined organization will operate under the unified brand of Columbia Bank [17][18] - The transaction is expected to result in approximately $127 million in pretax cost savings, with 75% of savings phased in during 2026 [35][39] Q&A Session Summary Question: What experience from the Umpqua deal can be applied to this deal? - Management highlighted their extensive M&A experience, noting that both organizations have completed multiple acquisitions, which provides confidence in handling surprises during integration [47][48] Question: Are there any expenses related to preparing for crossing the $100 billion threshold? - Management indicated that while there is a roadmap for preparing for the $100 billion mark, there will not be a significant ramp-up in expenses [56][58] Question: Where do you see the most opportunity to add value from Pacific Premier's core competencies? - Management expressed excitement about accelerating growth in Southern California and leveraging Pacific Premier's strengths in HOA banking and custodial trust services [68][72] Question: How comfortable is the company with underwriting credit in the current environment? - Management emphasized the strong credit performance of Pacific Premier and the alignment of credit cultures between the two companies, providing confidence in underwriting practices [87][90] Question: What are the financial targets on a pro forma basis? - Management acknowledged that while there may be variability in achieving targets due to market conditions, they remain optimistic about delivering top-tier performance [105][106] Question: Will the acquisition impact potential buybacks? - Management indicated that while capital actions are expected in 2025, the focus will be on closing the deal and assessing capital ratios before considering buybacks [108][110] Question: How long was the courting process for the transaction? - Management noted that discussions began in earnest at the start of the year, with a disciplined approach taken despite market volatility [121][126] Question: What is the methodology behind the credit mark for Pacific Premier? - Management explained that the credit mark was based on extensive due diligence and aligned with the conservative credit culture of both companies [130][132]

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 ...