Welcome to our dedicated page for Columbia Banking Systems news (Ticker: COLB), a resource for investors and traders seeking the latest updates and insights on Columbia Banking Systems stock.
Columbia Banking System, Inc. reports news as a regional bank holding company and the parent of Columbia Bank, a western U.S. bank serving consumers and businesses across multiple states. Recurring updates cover operating results, net interest income, loans, deposits, dividends, investor presentations and conference-call schedules.
Company announcements also address Columbia Bank’s retail and commercial banking services, Small Business Administration lending, institutional and corporate banking, equipment leasing, wealth management, healthcare and private banking. Recent business-development themes include specialty banking expansion, including franchise and restaurant banking capabilities, as well as governance changes at the board and senior-management levels.
Columbia Bank (COLB) received an A- rating with Stable Outlook from KBRA for its $250 million subordinated notes maturing September 18, 2036. The notes are callable at the bank’s option starting September 18, 2031, and net proceeds will fund general corporate purposes and retire trust preferred securities at holding company Columbia Banking System. KBRA cites the bank’s multi-year performance, strong 2Q26 consolidated net interest margin of 3.93%, and stable, low-cost deposit base, including 33% noninterest-bearing deposits, as key supports. The notes transaction is expected to modestly reduce the bank’s capital ratios.
Columbia Bank (COLB) has promoted Chris Orr to SVP, Director of Trust Sales & Strategic Partnerships for Columbia Private Trust, its specialty custody business. Based in San Francisco, Orr will lead growth and relationship-management initiatives across institutional and retail client segments.
Columbia Private Trust provides custodial services to individual investors, institutional clients and the customers of those institutions, and oversees more than $20 billion in assets under custody. The business, originally founded as PENSCO Trust Company in 1989, became part of Columbia Bank in 2025 and focuses on non-discretionary custody of traditional and alternative assets held in self-directed IRAs, investment funds and employee stock ownership plans. The bank describes Orr as instrumental to the unit’s growth and views his appointment as part of a diversified long-term growth plan for its wealth and relationship-based banking strategy.
Columbia Bank, subsidiary of Columbia Banking System (COLB), priced $250 million 6.721% subordinated notes due 2036 on September 14, 2026.
The notes carry a fixed coupon of 6.721% per annum, paid semi-annually, through September 18, 2031, then reset to the Five-Year U.S. Treasury Rate plus 195 basis points until maturity, unless redeemed earlier. Closing is expected on September 18, 2026, subject to customary conditions. The notes are intended to qualify as Tier 2 capital of the Bank. Net proceeds will support general corporate purposes, including growth, capital adequacy, and returning up to $250 million of capital to Columbia, which plans to redeem certain trust preferred securities.
Columbia Banking System (COLB) will present at the Barclays 24th Annual Global Financial Services Conference on Tuesday, September 15, 2026, at 9:45 a.m. ET.
A live audiocast and an audio replay of the presentation will be available through the “News & Market Data – Event Calendar” section of Columbia’s investor relations website at www.columbiabankingsystem.com. Columbia, headquartered in Tacoma, Washington, is the parent of Columbia Bank, which operates offices across nine western and southwestern states and offers a full suite of retail, commercial, and wealth management services.
Columbia Bank (Nasdaq: COLB), a subsidiary of Columbia Banking System, announced the opening of a new 14,000-square-foot commercial office and retail branch in Draper, Utah, its first of three new branches planned for the Salt Lake City metropolitan area in 2026.
The Draper branch, located in Minuteman Office Plaza along the Silicon Slopes tech corridor, combines commercial and retail services and replaces Columbia’s former South Jordan branch. Future locations are planned in Pleasant Grove and Salt Lake City’s Sugar House neighborhood, expanding Columbia’s Utah commercial, real estate and retail capabilities.
Columbia Banking System (Nasdaq: COLB) announced that its Board of Directors approved a quarterly cash dividend of $0.37 per common share. The dividend is payable on September 14, 2026 to shareholders of record as of August 28, 2026.
Columbia Bank (Nasdaq: COLB), a subsidiary of Columbia Banking System, announced the opening of its first combined commercial office and full-service retail branch in Colorado Springs, expanding its Colorado footprint and service capabilities in Southern Colorado.
The bank has operated in Colorado Springs since 2023 under Southern Colorado Market Director Alex Sullivan, building a strong deposit base using services such as treasury management, commercial card services, debt capital markets, foreign exchange, and commercial and real estate lending. Columbia entered Colorado in 2022, opened its first Colorado retail branch in 2025, and now operates four offices across Denver and Colorado Springs. The new 5,500-square-foot downtown Trolley District facility at 517 S. Cascade Ave, Unit A, is open Monday through Friday from 9 a.m. to 5 p.m.
Columbia Banking System (Nasdaq: COLB) has appointed Simone Lagomarsino to its Board of Directors, effective September 1, 2026. She will serve on the Board’s Enterprise Risk Management Committee and Audit Committee, supporting oversight of risk, governance and financial reporting.
Lagomarsino has over 40 years of financial services leadership experience. Her prior roles include President and Chief Risk Officer of First Foundation, and President and CEO of Luther Burbank Corporation, Heritage Oaks Bancorp and the California Bankers Association. She has also served on multiple banking and financial boards, including the Federal Reserve Bank of San Francisco.
Columbia Banking System (Nasdaq: COLB) reported second quarter 2026 net income of $208 million and operating net income of $217 million, with diluted EPS of $0.73 and operating diluted EPS of $0.76. Net interest income was $589 million and net interest margin 3.93%, both slightly lower than 1Q26, partly due to $4 million of interest income reversals.
Non-interest income rose to $88 million, non-interest expense fell to $375 million, and operating efficiency ratio improved to 52.92%. Loans were $47.2 billion, deposits $52.1 billion, and total assets $65.4 billion. The company repurchased $199 million of stock, paid a $0.37 dividend, and reported CET1 of 11.6% and total risk-based capital of 13.4%.
Columbia Bank (Nasdaq: COLB) partnered with public benefit corporation ForgiveCo to erase $5 million in medical debt for more than 2,000 veterans and families in Southern California. The initiative is part of Columbia Bank’s June 1–July 31 celebration of America’s 250th anniversary.
Eligible individuals earning up to 80% of area median income with qualifying debt in collections will be randomly selected, with no application required, and will receive additional free financial counseling and resources.