Columbia Banking System posted a net income of $220 million in Q3 2026, up 6% from the previous quarter, driven by higher net interest income and disciplined expense management. The bank's net interest margin improved to 4.11%, supported by loan growth and favorable funding mix. Credit quality remained strong with stable non-performing assets and a provision for credit losses of $33 million. Columbia completed a $199 million share repurchase plan and announced a new $1.2 billion buyback authorization, signaling confidence in its capital strength and growth strategy. The bank also expanded its physical presence with two new locations in Utah and plans to optimize its branch network further.
Columbia Banking System shares trade at USD 30.00 on Pluang as of Oct 23, 2026 03:11 WIB, up 2.74% for the day. The stock's market cap stands at $8.26 billion, reflecting steady investor interest. Dividend yield remains attractive at 5.07%, supporting income-focused investors amid the bank's recent buyback announcements.
