Columbia Banking System 2Q FY26 net income rises 8% to $208 million quarter over quarter

Reuters2026/07/23 20:50

By:Reuters

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Columbia Banking System posted net income of $208 million, up 37% from a year earlier; diluted EPS was $0.73, flat year over year.
Net interest income slipped 1% from the prior quarter to $589 million as net interest margin narrowed 0.03 percentage points to 3.93%.
Non-interest income rose 6% sequentially to $88 million, while non-interest expense fell 5% to $375 million on lower merger expense.
Total assets eased 1% from the prior quarter to $65.38 billion; deposits declined 3% to $52.06 billion as brokered and wholesale public balances were reduced.
Management cited disciplined expense management, balance sheet optimization, and capital returns; the bank repurchased $199 million of common stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbia Banking System Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Columbia Banking System 2Q FY26 net income rises 8% to $208 million quarter over quarter

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