Columbia Bank Stock Price, News & Analysis

Columbia Banking System (Nasdaq: COLB) and Pacific Premier Bancorp (Nasdaq: PPBI) have secured all necessary regulatory approvals for their previously announced all-stock merger. The transaction, initially revealed on April 23, 2025, is set to close around August 31, 2025.

Key approvals were obtained from the Federal Reserve System, Federal Deposit Insurance Corporation, and Oregon Department of Consumer and Business Services. Shareholders of both companies had already approved the merger on July 21, 2025. The integration will strengthen Columbia's market position across the Western United States.

Columbia Banking System (NASDAQ:COLB) reported strong Q2 2025 results with net income of $152 million and diluted EPS of $0.73. The bank's performance showed significant improvement with net interest margin expanding to 3.75%, up 15 basis points from Q1. Net interest income increased by $21 million, driven by higher yields on loans and securities.

The bank maintained strong credit quality with non-performing assets at 0.35% of total assets and net charge-offs at 0.31%. Total assets reached $51.9 billion, with loans at $37.6 billion and deposits at $41.7 billion. The company continues to progress with its planned acquisition of Pacific Premier Bancorp, expecting to close by September 2025, pending regulatory approvals.

Notable developments include the opening of three new branches, a successful deposit campaign generating $450 million in new deposits, and maintaining a strong capital position with an estimated total risk-based capital ratio of 13.0%.

Columbia Banking System (Nasdaq: COLB) and Pacific Premier Bancorp (Nasdaq: PPBI) have secured shareholder and stockholder approvals for their proposed acquisition. The milestone represents significant progress in Columbia's plan to acquire Pacific Premier, strengthening their combined presence across the Western United States.

Both Clint Stein, Columbia's President and CEO, and Steve Gardner, Pacific Premier's Chairman, CEO and President, expressed enthusiasm about the merger's potential to enhance market leadership and customer service capabilities. The transaction remains subject to regulatory approvals and is expected to close later in 2025.

Columbia Banking System (Nasdaq: COLB), the parent company of Umpqua Bank, has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on Thursday, July 24, 2025, after market close.

A conference call for investors and analysts will be held the same day at 2:00 p.m. PT (5:00 p.m. ET). Management will present the financial results and provide updates on recent activities, followed by a live Q&A session. Participants can register for either the dial-in call or listen-only audiocast, with recommended joining time 10 minutes before the start.

Umpqua Bank's 2025 Business Barometer reveals a resilient business outlook despite economic uncertainties. Nearly 50% of surveyed businesses expect economic improvement, with middle market companies (60%) and small businesses (44%) showing four-year high confidence levels. The study, polling 1,300 businesses, highlights key trends: 60% cite inflation as a top concern, while 51% anticipate negative tariff impacts. Notable findings include: 69% of middle market firms prioritize growth over cost-cutting, 85% plan to invest in generative AI, and 50% intend to stockpile inventory due to tariff concerns. Small businesses show increased growth focus, with a 14-point jump in 12-month outlook. Cybersecurity remains crucial, though only 30% feel very well prepared against attacks. AI adoption is driving increased staffing levels for 57% of middle market and 22% of small businesses, contrary to concerns about job displacement.

Columbia Banking System (NASDAQ: COLB), the parent company of Umpqua Bank, has declared a quarterly cash dividend of $0.36 per common share. The dividend will be paid on June 16, 2025, to shareholders who are recorded as owners of the stock by May 30, 2025. This dividend announcement demonstrates Columbia's commitment to providing regular returns to its shareholders.

Umpqua Bank, a subsidiary of Columbia Banking System (Nasdaq: COLB), has appointed Judi Giem as Executive Vice President and Chief Human Resource Officer, effective June 2, 2025. Giem brings over 20 years of HR leadership experience in publicly traded companies, specializing in workforce and cultural integration during mergers. Following the proposed acquisition of Pacific Premier Bank, an $18B institution, Umpqua Bank will expand to approximately 6,500 employees across eight western states with $70B in assets.

In her new role, Giem will oversee talent recruitment, retention, professional development, compensation, benefits, and succession planning. She previously served as CHRO at Tri-Counties Bank and managed talent at Banner Bank, with experience in cultural assimilation during acquisitive growth. Giem holds degrees from Whitworth University and Gonzaga University.

Columbia Banking System (COLB) reported Q1 2025 financial results with net income of $87 million and operating net income of $140 million. Earnings per diluted share were $0.41, while operating earnings per share reached $0.67.

Key highlights include: net interest margin at 3.60% (down 4 basis points from Q4), total assets of $51.5B, and deposits increasing to $42.2B. The company announced a significant merger with Pacific Premier Bancorp, creating a combined entity with approximately $70B in assets.

Notable Q1 developments include: successful small business campaign bringing $425M in new deposits, opening of first Colorado branch, and maintaining quarterly dividend at $0.36 per share. Credit quality metrics showed net charge-offs at 0.32% of average loans, with non-performing assets at 0.35% of total assets.

Columbia Banking System (COLB) has announced a definitive merger agreement to acquire Pacific Premier Bancorp in an all-stock transaction valued at approximately $2.0 billion. Under the agreement, Pacific Premier stockholders will receive 0.9150 shares of Columbia common stock for each Pacific Premier share, valued at $20.83 per share based on Columbia's closing price of $22.77 on April 22, 2025.

The combined entity will have approximately $70 billion in assets and over $57 billion in deposits across the Western U.S. Pacific Premier stockholders will own approximately 30% of Columbia's outstanding shares post-merger. The transaction is expected to close in the second half of 2025, subject to regulatory and stockholder approvals.

The merger is projected to deliver mid-teens EPS accretion to Columbia with tangible book value dilution earned back in three years. The combined company anticipates achieving a 20% ROATCE and 1.4% ROAA in 2026, with expected cost savings of $88 million after-tax.