Columbia Banking (COLB) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Columbia Banking (COLB) reported revenue of $510.91 million for the quarter ended June 2025, reflecting an 8.2% increase year-over-year [1] - Earnings per share (EPS) for the quarter was $0.76, up from $0.67 in the same quarter last year, exceeding the consensus EPS estimate of $0.66 by 15.15% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $492.4 million, resulting in a revenue surprise of 3.76% [1] Financial Performance Metrics - Net charge-offs to average loans and leases were 0.3%, matching the four-analyst average estimate [4] - Average balance of total interest-earning assets was $47.87 billion, slightly below the $48.02 billion average estimate [4] - Efficiency ratio stood at 54.3%, compared to the four-analyst average estimate of 54% [4] - Net interest margin was reported at 3.8%, exceeding the 3.5% average estimate [4] - Total non-performing loans and leases amounted to $177.43 million, higher than the $165.74 million average estimate [4] - Total non-performing assets were $180.25 million, compared to the $168.83 million average estimate [4] - Net interest income reached $446.45 million, surpassing the $432.62 million estimated by four analysts [4] - Total noninterest income was $64.46 million, exceeding the $59.33 million average estimate [4] - Net interest income (FTE) was $447.55 million, above the $434.16 million average estimate [4] - Service charges on deposits totaled $19.67 million, slightly above the three-analyst average estimate of $19.34 million [4] - Financial services and trust revenue was $5.84 million, compared to the $5.17 million average estimate [4] - BOLI income reached $5.18 million, exceeding the $4.97 million average estimate [4] Stock Performance - Columbia Banking shares returned +6.4% over the past month, outperforming the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]