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COLUMBIA BANKING SYSTEM, INC. (COLB)

As-reported financials and SEC filings for COLUMBIA BANKING SYSTEM, INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About COLUMBIA BANKING SYSTEM, INC.

Columbia Banking System, Inc. operates through its principal subsidiary, Columbia Bank, providing a range of banking, private banking, mortgage, and financial services. It serves corporate, institutional, small business, and individual customers primarily in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. The company focuses on full banking relationships and community banking at scale, combining commercial and consumer banking with wealth management services.

Snapshot

Revenue
$2.30B
Revenue growth (YoY)
19.3%
Net income
$550.0M
Diluted EPS
$2.30
Gross margin
Operating margin
Net margin
23.9%
FCF margin
ROE
7.0%
net income / fiscal-year-end equity
P/E
12.0×
trailing when available, otherwise FY EPS
Market cap
$8.69B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Columbia Banking System

  • Revenue grew 19.3% to $2.3B in FY2025, after a 3.4% decline the year before.
  • Most recent quarter Q2 FY2026: revenue $677M, up 32.5% from Q2 FY2025.
  • Net income rose 3.0% to $550M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Columbia Banking System’s fundamentals sit among the 76 banks. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin23.9%
29th percentile of 76
Revenue growth (YoY)+19.3%
72nd percentile of 76
ROE7.0%
15th percentile of 76
P/E12.0×
43rd percentile of 75
Short interest3.83d
24th percentile of 75

Columbia Banking System’s return on equity of 7.0% ranks in the 15th percentile of the 76 banks reporting it.

1 reported insider purchase (code P) totaling $22,478 in the last 90 days, against 2 sales totaling $115,288. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+4 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
1 trimmed, 3 exited
Combined position
$76.9M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$28.8M897.7KNew
Bridgewater AssociatesQ2 2026$14.9M466.3KAdded
First Eagle Investment ManagementQ2 2026$12.3M384.6KAdded
Renaissance TechnologiesquantQ2 2026$12.3M384.5KAdded
AQR Capital ManagementquantQ2 2026$7.4M232.4KReduced
Two Sigma InvestmentsquantQ2 2026$1.1M35.1KAdded

No longer held by: Citadel Advisors (as of Q2 2026), Millennium Management (as of Q2 2026), Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$22K
code P value
Sells (90d)
2
$115K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-30
filed 2026-07-02
Deer Aaron JamesEVP Chief Strategy/Innov OffcrBuy886$25.37$22K
2026-06-08
filed 2026-06-10
Moore Devine DavidEVP Chief Marketing OfficerSell3.8K$29.77$114K
2026-06-08
filed 2026-06-10
Moore Devine DavidEVP Chief Marketing OfficerSell60$29.77$2K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
9.8M
settled 2026-08-14
Change vs prior
+13.9%
vs previous settlement
Days to cover
3.83
at avg daily volume
Avg daily volume
2.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-149.8M+13.9%3.83
2026-07-318.6M-10.4%2.57
2026-07-159.6M+11.9%3.79
2026-06-308.6M-9.4%2.63
2026-06-159.5M-3.3%3.31
2026-05-299.8M+10.5%3.96
2026-05-158.9M-3.5%2.98
2026-04-309.2M-0.8%3.83

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Bank fundamentals

Regulatory detail for Columbia Bank (fka Umpqua Bank) (Roseburg, OR), the insured-bank subsidiary, from its FDIC Call Report as of Q1 2026. This is what actually moves bank stocks: deposit franchise, capital, and credit quality that a standard income statement can’t show.

Total deposits
$53.6B
FDIC insured-bank
Uninsured deposits
39.0%
share of deposits
CET1 ratio
12.25%
regulatory capital
Net interest margin
4.00%
trailing
Efficiency ratio
51.4%
lower is better
Noncurrent loans
0.55%
of gross loans

Source: FDIC BankFind (Call Report). Bank-subsidiary figures, filed quarterly ~30 days after quarter-end.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.30B$1.93B$2.00B$1.27B$1.28B
Gross profit
Operating income
Net income$550.0M$534.0M$349.0M$336.8M$420.3M
Diluted EPS$2.30$2.55$1.78$2.60$3.21

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$2.38B$1.88B$2.16B$1.29B$824.7M
Current assets
Total assets$66.83B$51.58B$52.17B$31.85B$20.95B
Current liabilities
Long-term debt
Total liabilities$58.99B$46.46B$47.18B$29.37B$18.36B
Total equity$7.84B$5.12B$5.00B$2.48B$2.59B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$746.0M$659.0M$670.0M$1.07B$662.7M
Capital expenditure$27.1M$15.5M
Free cash flow$1.04B$647.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$677.0M32.5%$208.0M$0.73
Q1 FY2026$677.0M37.9%$192.0M$0.66
Q4 FY2025$215.0M
Q3 FY2025$582.0M17.3%$96.0M$0.40
Q2 FY2025$511.0M8.2%$152.0M$0.73
Q1 FY2025$491.0M3.6%$87.0M$0.41
Q4 FY2024$143.0M
Q3 FY2024$496.0M-5.5%$146.0M$0.70

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorFinancials
SIC industryState Commercial Banks
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK887343

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
8-K2026-08-14
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-07-01
View on EDGAR →

Largest bank peers

All bank stocksAll Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.