Columbia Banking (COLB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Columbia Banking (COLB) reported $717 million in revenue for Q4 2025, marking a year-over-year increase of 47.2% and exceeding the Zacks Consensus Estimate by 3.3% [1] - The earnings per share (EPS) for the same quarter was $0.82, up from $0.71 a year ago, representing a surprise of 13.89% over the consensus estimate of $0.72 [1] Financial Performance Metrics - Net charge-offs to average loans and leases were 0.3%, matching the three-analyst average estimate [4] - Average balance of total interest-earning assets was $61.68 billion, slightly below the $61.73 billion average estimate [4] - Efficiency ratio stood at 57.3%, higher than the 51.9% average estimate [4] - Net interest margin was reported at 4.1%, exceeding the 3.7% average estimate [4] - Total non-performing loans and leases amounted to $198 million, better than the two-analyst average estimate of $209.76 million [4] - Total non-performing assets were $200 million, also better than the two-analyst average estimate of $212.79 million [4] - Net interest income reached $627 million, surpassing the $609.28 million average estimate [4] - Total noninterest income was $90 million, exceeding the $87.58 million average estimate [4] - Service charges on deposits were $24 million, above the $22.62 million average estimate [4] - Net interest income (FTE) was $629 million, compared to the $611.61 million average estimate [4] - Financial services and trust revenue was $15 million, higher than the $12.12 million average estimate [4] Stock Performance - Columbia Banking shares returned +3.8% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]