COLUMBIA BANKING SYSTEM, INC.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), COLUMBIA BANKING SYSTEM, INC. reported revenue of $177.0M (+18.9% year on year) and net income of $550.0M (+3.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Interest and fees on loans and leases | $2.5B | $2.3B | $2.1B | $495.8M |
| Taxable | $340.0M | $305.2M | $276.8M | $133.1M |
| Exempt from federal income tax | $34.0M | $27.5M | $24.1M | $14.8M |
| Dividends | $13.0M | $12.0M | $13.1M | — |
| Interest on temporary investments and interest-bearing deposits | $71.0M | $90.2M | $111.7M | — |
| Total interest income | $2.9B | $2.8B | $2.5B | $646.5M |
| Interest on deposits | $747.0M | $802.8M | $461.7M | $16.5M |
| Interest on securities sold under agreement to repurchase and federal funds purchased | $4.0M | $4.9M | $3.9M | — |
| Interest on borrowings | $128.0M | $190.2M | $242.9M | — |
| Interest on junior and other subordinated debentures | $34.0M | $38.9M | $37.7M | — |
| Total interest expense | $913.0M | $1.0B | $746.2M | $23.6M |
| Net interest income | $2.0B | $1.7B | $1.8B | $622.8M |
| PROVISION FOR CREDIT LOSSES | $150.0M | $105.9M | $213.2M | $1.9M |
| Net interest income after provision for credit losses | $1.9B | $1.6B | $1.6B | $620.9M |
| Revenue from contract with customer | $177.0M | $148.8M | $134.3M | — |
| Residential mortgage banking revenue, net | $31.0M | $24.1M | $16.8M | — |
| Gain on investment securities, net | $6.0M | $24.0K | $13.0K | — |
| Gain (loss) on loan and lease sales, net | $1.0M | ($2.9M) | $4.4M | — |
| Gain (loss) on certain loans held for investment, at fair value | $11.0M | — | — | — |
| Bank-owned life insurance income | $25.0M | $18.8M | $15.6M | $7.6M |
| Other income | $47.0M | $22.5M | $30.5M | — |
| Total non-interest income | $298.0M | $211.0M | $203.9M | $99.1M |
| Salaries and employee benefits | $672.0M | $588.8M | $616.1M | $241.1M |
| Occupancy and equipment, net | $216.0M | $182.4M | $183.5M | $41.1M |
| Communications | $14.0M | $13.9M | $16.3M | — |
| Marketing | $15.0M | $11.0M | $11.4M | — |
| Services | $57.0M | $57.6M | $57.6M | $20.6M |
| Deposit costs | $24.0M | — | — | — |
| FDIC assessments | $28.0M | $41.6M | $71.4M | $6.6M |
| Intangible amortization | $127.0M | $119.4M | $111.3M | $8.7M |
| Merger and restructuring expense | $148.0M | $23.7M | — | — |
| Legal settlement | $55.0M | — | — | — |
| Other expenses | $67.0M | $66.3M | $73.5M | $32.2M |
| Total non-interest expense | $1.4B | $1.1B | $1.3B | $402.4M |
| Income before provision for income taxes | $728.0M | $718.8M | $471.2M | — |
| Provision for income taxes | $178.0M | $185.1M | $122.5M | $67.5M |
| Net income | $550.0M | $533.7M | $348.7M | $250.2M |
| Basic (in dollars per share) | $2.31 | $2.56 | $1.79 | $3.20 |
| Diluted (in dollars per share) | $2.30 | $2.55 | $1.78 | $3.20 |
| Basic (in shares) | 238.0M | 208.5M | 195.3M | 78.0M |
| Diluted (in shares) | 239.1M | 209.3M | 195.9M | 78.2M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Interest and fees on loans and leases | $683.0M | $684.0M | $619.0M | $564.3M |
| Taxable | $98.0M | $103.0M | $89.0M | $80.3M |
| Exempt from federal income tax | $12.0M | $12.0M | $8.0M | $6.8M |
| Dividends | $4.0M | $3.0M | $4.0M | $3.4M |
| Interest on temporary investments and interest-bearing deposits | $13.0M | $14.0M | $20.0M | $15.8M |
| Total interest income | $810.0M | $816.0M | $740.0M | $670.7M |
| Interest on deposits | $173.0M | $184.0M | $195.0M | $180.2M |
| Interest on securities sold under agreement to repurchase and federal funds purchased | $1.0M | $1.0M | $1.0M | $955.0K |
| Interest on borrowings | $39.0M | $30.0M | $30.0M | $34.5M |
| Interest on junior and other subordinated debentures | $8.0M | $7.0M | $9.0M | $8.6M |
| Total interest expense | $221.0M | $222.0M | $235.0M | $224.2M |
| Net interest income | $589.0M | $594.0M | $505.0M | $446.4M |
| PROVISION FOR CREDIT LOSSES | $27.0M | $28.0M | $70.0M | $29.4M |
| Net interest income after provision for credit losses | $562.0M | $566.0M | $435.0M | $417.0M |
| Revenue from contract with customer | $23.0M | $20.0M | $21.0M | $19.7M |
| Residential mortgage banking revenue, net | $7.0M | $12.0M | $7.0M | $7.3M |
| (Loss) gain on investment securities, net | ($1.0M) | $0 | $2.0M | $1.0K |
| Gain on loan and lease sales, net | $0 | $1.0M | $0 | $172.0K |
| (Loss) gain on certain loans held for investment, at fair value | ($1.0M) | ($2.0M) | $4.0M | $212.0K |
| Bank-owned life insurance income | $9.0M | $9.0M | $6.0M | $5.2M |
| Other income | $19.0M | $13.0M | $13.0M | $11.1M |
| Total non-interest income | $88.0M | $83.0M | $77.0M | $64.5M |
| Salaries and employee benefits | $196.0M | $196.0M | $171.0M | $154.9M |
| Occupancy and equipment, net | $65.0M | $66.0M | $54.0M | $47.2M |
| Communications | $5.0M | $4.0M | $3.0M | $3.4M |
| Marketing | $5.0M | $5.0M | $4.0M | $2.8M |
| Services | $16.0M | $15.0M | $15.0M | $13.3M |
| Deposit costs | $14.0M | $14.0M | $6.0M | — |
| FDIC assessments | $9.0M | $9.0M | $8.0M | $8.1M |
| Intangible amortization | $38.0M | $41.0M | $31.0M | $25.8M |
| Merger and restructuring expense | $9.0M | $24.0M | $87.0M | $8.2M |
| Legal settlement | $0 | $0 | $0 | $0 |
| Other expenses | $18.0M | $20.0M | $14.0M | $14.3M |
| Total non-interest expense | $375.0M | $394.0M | $393.0M | $278.0M |
| Income before provision for income taxes | $275.0M | $255.0M | $119.0M | $203.5M |
| Provision for income taxes | $67.0M | $63.0M | $23.0M | $51.0M |
| Net income | $208.0M | $192.0M | $96.0M | $152.4M |
| Basic (in dollars per share) | $0.73 | $0.66 | $0.40 | $0.73 |
| Diluted (in dollars per share) | $0.73 | $0.66 | $0.40 | $0.73 |
| Basic (in shares) | 285.6M | 290.9M | 237.8M | 209.1M |
| Diluted (in shares) | 286.5M | 292.2M | 238.9M | 210.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and due from banks | $511.0M | $496.7M | $498.5M | $262.5M |
| Interest-bearing cash and temporary investments | $1.9B | $1.4B | $1.7B | $29.3M |
| Total cash and cash equivalents | $2.4B | $1.9B | $2.2B | $291.7M |
| Equity and other, at fair value | $113.0M | $78.1M | $77.0M | — |
| Available for sale, at fair value | $11.1B | $8.3B | $8.8B | $4.6B |
| Held to maturity, at amortized cost | $18.0M | $2.1M | $2.3M | — |
| Loans held for sale | $262.0M | $71.5M | $30.7M | $76.8M |
| Loans and leases | $47.8B | $37.7B | — | — |
| Allowance for credit losses on loans and leases | ($466.0M) | ($424.6M) | ($440.9M) | — |
| Net loans and leases | $47.3B | $37.3B | $37.0B | — |
| Restricted equity securities | $159.0M | $150.0M | $179.3M | $48.2M |
| Premises and equipment, net | $422.0M | $348.7M | $339.0M | $160.6M |
| Goodwill | $1.5B | $1.0B | $1.0B | $823.2M |
| Other intangible assets, net | $712.0M | $484.2M | $603.7M | $25.9M |
| Bank-owned life insurance | $1.2B | $693.8M | $680.9M | — |
| Other assets | $1.6B | $730.5M | $665.7M | $684.6M |
| Total assets | $66.8B | $51.6B | $52.2B | $20.3B |
| Non-interest-bearing | $17.4B | $13.3B | $14.3B | $8.4B |
| Interest-bearing | $36.8B | $28.4B | $27.4B | $8.3B |
| Total deposits | $54.2B | $41.7B | $41.6B | $16.7B |
| Securities sold under agreements to repurchase | $207.0M | $236.6M | $252.1M | $95.2M |
| Borrowings | $3.2B | $3.1B | $4.0B | — |
| Junior subordinated debentures, at fair value | $338.0M | $330.9M | $316.4M | — |
| Junior and other subordinated debentures, at amortized cost | $97.0M | $107.7M | $107.9M | — |
| Other liabilities | $939.0M | $836.5M | $814.5M | $271.4M |
| Total liabilities | $59.0B | $46.5B | $47.2B | $18.1B |
| Preferred stock, no par value, shares authorized: 2,000, issued and outstanding: 0 | 0 | 0 | 0 | — |
| Common stock, no par value, shares authorized in 2025 and 2024: 520,000; issued and outstanding: 295,422 in 2025 and 209,536 in 2024 | 8.1B | 5.8B | 5.8B | 1.9B |
| Accumulated deficit | ($26.0M) | ($237.3M) | ($467.6M) | $850.0M |
| Accumulated other comprehensive loss | ($233.0M) | ($462.0M) | ($340.1M) | ($510.5M) |
| Total shareholders' equity | $7.8B | $5.1B | $5.0B | $2.2B |
| Total liabilities and shareholders' equity | $66.8B | $51.6B | $52.2B | $20.3B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and due from banks (restricted cash of $3 and $4) | $648.0M | $577.0M | $535.0M | $608.1M |
| Interest-bearing cash and temporary investments (restricted cash of $13 and $12) | $1.1B | $1.5B | $1.8B | $1.3B |
| Total cash and cash equivalents | $1.8B | $2.1B | $2.3B | $1.9B |
| Equity and other, at fair value | $126.0M | $124.0M | $112.0M | $93.0M |
| Available for sale, at fair value | $11.1B | $10.9B | $11.0B | $8.7B |
| Held to maturity, at amortized cost | $17.0M | $18.0M | $18.0M | $2.0M |
| Loans held for sale | $61.0M | $81.0M | $340.0M | $65.6M |
| Loans and leases | $47.2B | $47.7B | $48.5B | $37.6B |
| Allowance for credit losses on loans and leases | ($458.0M) | ($459.0M) | ($473.0M) | ($420.9M) |
| Net loans and leases | $46.7B | $47.2B | $48.0B | $37.2B |
| Restricted equity securities | $207.0M | $168.0M | $119.0M | $161.4M |
| Premises and equipment, net | $424.0M | $426.0M | $416.0M | $356.9M |
| Goodwill | $1.5B | $1.5B | $1.5B | $1.0B |
| Other intangible assets, net | $633.0M | $671.0M | $754.0M | $430.4M |
| Bank-owned life insurance | $1.2B | $1.2B | $1.2B | $704.9M |
| Other assets | $1.6B | $1.6B | $1.1B | $734.2M |
| Total assets | $65.4B | $66.0B | $67.5B | $51.9B |
| Non-interest-bearing | $17.2B | $17.6B | $17.8B | $13.2B |
| Interest-bearing | $34.8B | $35.9B | $38.0B | $28.5B |
| Total deposits | $52.1B | $53.5B | $55.8B | $41.7B |
| Securities sold under agreements to repurchase | $189.0M | $162.0M | $167.0M | $191.4M |
| Borrowings | $4.3B | $3.4B | $2.3B | $3.4B |
| Junior subordinated debentures, at fair value | $339.0M | $333.0M | $331.0M | $323.0M |
| Junior and other subordinated debentures, at amortized cost | $97.0M | $97.0M | $107.0M | $107.6M |
| Other liabilities | $897.0M | $882.0M | $862.0M | $720.4M |
| Total liabilities | $57.8B | $58.4B | $59.7B | $46.6B |
| Preferred stock, no par value, shares authorized: 2,000, issued and outstanding: 0 | 0 | 0 | 0 | 0 |
| Common stock, no par value, shares authorized in 2026 and 2025: 520,000; issued and outstanding: 282,817 in 2026 and 295,422 in 2025 | 7.7B | 7.9B | 8.2B | 5.8B |
| Retained earnings (accumulated deficit) | $160.0M | $59.0M | ($131.0M) | ($150.8M) |
| Accumulated other comprehensive loss | ($310.0M) | ($291.0M) | ($268.0M) | ($333.8M) |
| Total shareholders' equity | $7.6B | $7.7B | $7.8B | $5.3B |
| Total liabilities and shareholders' equity | $65.4B | $66.0B | $67.5B | $51.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $550.0M | $533.7M | $348.7M | $250.2M |
| Deferred income tax expense | $54.0M | $30.8M | $12.9M | ($6.1M) |
| Accretion of investment discounts, net | ($92.0M) | ($78.5M) | ($67.7M) | — |
| Provision for credit losses | $150.0M | $105.9M | $213.2M | $1.9M |
| Change in cash surrender value of bank-owned life insurance | ($26.0M) | ($19.1M) | ($16.0M) | — |
| Depreciation, amortization and accretion, net | $141.0M | $149.9M | $144.3M | — |
| Gain on sale of premises and equipment | ($7.0M) | ($2.9M) | ($31.5M) | — |
| Additions to residential mortgage servicing rights carried at fair value | ($7.0M) | ($6.5M) | ($5.3M) | — |
| Change in fair value of residential mortgage servicing rights carried at fair value | $16.0M | $7.3M | — | — |
| Stock-based compensation | $33.0M | $20.4M | $18.1M | $16.2M |
| Net increase in equity and other investments | ($12.0M) | ($1.5M) | ($448.0K) | — |
| Gain on investment securities, net | ($6.0M) | $392.0K | ($2.3M) | — |
| Gain on sale of loans and leases, net | ($15.0M) | ($5.0M) | ($10.2M) | — |
| Change in fair value of loans held for sale | $15.0M | ($19.0K) | $341.0K | $169.0K |
| Origination of loans held for sale | ($642.0M) | ($563.9M) | ($441.6M) | ($116.5M) |
| Proceeds from sales of loans held for sale | $748.0M | $528.2M | $602.6M | $125.2M |
| Net decrease (increase) in other assets | $75.0M | ($38.1M) | ($24.2M) | ($35.5M) |
| Net decrease in other liabilities | ($229.0M) | ($2.3M) | ($94.9M) | $29.1M |
| Net cash provided by operating activities | $746.0M | $658.9M | $669.8M | $300.7M |
| Purchases of investment securities available for sale | ($2.4B) | ($69.6M) | ($926.2M) | ($186.5M) |
| Proceeds from investment securities available for sale | $2.8B | $552.4M | $1.7B | $741.0K |
| Purchases of restricted equity securities | ($301.0M) | ($144.0M) | ($290.8M) | — |
| Redemption of restricted equity securities | $390.0M | $173.3M | $260.7M | — |
| Net change in loans and leases | $745.0M | ($516.6M) | ($1.3B) | ($1.1B) |
| Proceeds from sales of loans and leases | $138.0M | $145.7M | $748.3M | — |
| Purchases of premises and equipment, net of proceeds from sales | ($40.0M) | — | — | — |
| Proceeds from bank-owned life insurance death benefits | $9.0M | $5.8M | $4.8M | $2.0M |
| Purchase of bank-owned life insurance | ($16.0M) | $0 | ($28.2M) | — |
| Proceeds from sale of mortgage servicing rights | $0 | $0 | ($57.3M) | — |
| Cash received in an acquisition | $874.0M | $0 | ($274.6M) | — |
| Other | $4.0M | $3.4M | $1.0M | — |
| Net cash provided by investing activities | $2.2B | $114.6M | $501.7M | ($395.7M) |
| Net (decrease) increase in deposit liabilities | ($2.0B) | $113.7M | ($651.1M) | ($1.3B) |
| Net decrease in federal funds purchased | $0 | $0 | $14.0M | — |
| Net decrease in securities sold under agreements to repurchase | ($30.0M) | ($15.5M) | ($126.7M) | — |
| Proceeds from borrowings | $11.7B | $4.9B | $17.4B | — |
| Repayment of borrowings | ($11.6B) | ($5.8B) | ($16.6B) | — |
| Repayment of subordinated debentures | ($10.0M) | — | — | $0 |
| Net proceeds from issuance of common stock under ESPP | $3.0M | $0 | $1.2M | — |
| Dividends paid on common stock | ($335.0M) | ($300.2M) | ($270.3M) | ($94.3M) |
| Repurchase and retirement of common stock | ($109.0M) | ($5.7M) | ($6.3M) | $0 |
| Net cash used in financing activities | ($2.4B) | ($1.1B) | ($303.7M) | ($438.0M) |
| Net increase (decrease) in cash and cash equivalents | $502.0M | ($284.3M) | $867.9M | ($533.0M) |
| Cash and cash equivalents, beginning of period | $1.9B | $2.2B | $1.3B | $824.7M |
| Cash and cash equivalents, end of period | $2.4B | $1.9B | $2.2B | — |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $400.0M | $192.0M | $335.0M | $239.0M |
| Provision for credit losses | $55.0M | $28.0M | $127.0M | $56.9M |
| Change in cash surrender value of bank-owned life insurance | ($20.0M) | ($11.0M) | ($16.0M) | ($10.6M) |
| Depreciation, amortization and accretion, net | $47.0M | $21.0M | $102.0M | $67.9M |
| Gain on sale of premises and equipment | ($2.0M) | ($1.0M) | ($6.0M) | ($3.3M) |
| Additions to residential mortgage servicing rights carried at fair value | ($5.0M) | ($3.0M) | ($5.0M) | ($3.5M) |
| Change in fair value of residential mortgage servicing rights carried at fair value | ($1.0M) | ($3.0M) | $12.0M | $9.0M |
| Stock-based compensation | $19.0M | $10.0M | $23.0M | $16.2M |
| Net change in fair value of equity and other investments | ($14.0M) | ($11.0M) | ($13.0M) | ($12.7M) |
| Loss (gain) on investment securities, net | $1.0M | $0 | ($4.0M) | ($2.1M) |
| Gain on sale of loans and leases, net | ($8.0M) | ($5.0M) | ($11.0M) | ($6.5M) |
| Change in fair value of loans held for sale | ($15.0M) | ($15.0M) | $18.0M | ($617.0K) |
| Origination of loans held for sale | ($366.0M) | ($171.0M) | ($466.0M) | ($299.8M) |
| Proceeds from sales of loans held for sale | $650.0M | $429.0M | $483.0M | $321.9M |
| Net decrease in other assets | $113.0M | $105.0M | $43.0M | $24.7M |
| Net decrease in other liabilities | ($65.0M) | ($71.0M) | ($123.0M) | ($130.6M) |
| Net cash provided by operating activities | $789.0M | $494.0M | $465.0M | $228.8M |
| Purchases of investment securities available for sale | ($671.0M) | ($208.0M) | ($2.2B) | ($547.5M) |
| Proceeds from investment securities available for sale | $599.0M | $352.0M | $2.5B | $371.5M |
| Purchases of restricted equity securities | ($171.0M) | ($81.0M) | ($187.0M) | ($137.6M) |
| Redemption of restricted equity securities | $123.0M | $72.0M | $316.0M | $126.2M |
| Net change in loans and leases | $315.0M | ($142.0M) | $189.0M | ($33.1M) |
| Proceeds from sales of loans and leases | $167.0M | $128.0M | $43.0M | $7.5M |
| Purchases of premises and equipment, net of proceeds from sales | ($24.0M) | ($17.0M) | ($30.0M) | ($22.0M) |
| Proceeds from bank-owned life insurance death benefits | $11.0M | $7.0M | $2.0M | $2.2M |
| Purchase of bank-owned life insurance | $0 | $0 | ($3.0M) | ($2.7M) |
| Other | $2.0M | $1.0M | $2.0M | $1.6M |
| Net cash provided by (used in) investing activities | $351.0M | $112.0M | $1.6B | ($233.9M) |
| Net (decrease) increase in deposit liabilities | ($2.2B) | ($722.0M) | ($488.0M) | $21.9M |
| Net decrease in securities sold under agreements to repurchase | ($18.0M) | ($45.0M) | ($70.0M) | ($45.2M) |
| Proceeds from borrowings | $8.1B | $3.4B | $8.3B | $5.5B |
| Repayment of borrowings | ($7.0B) | ($3.2B) | ($9.1B) | ($5.3B) |
| Net proceeds from issuance of common stock under ESPP | $2.0M | $2.0M | $3.0M | $1.4M |
| Dividends paid on common stock | ($212.0M) | ($107.0M) | ($226.0M) | ($150.5M) |
| Repurchase and retirement of common stock | ($418.0M) | ($215.0M) | ($9.0M) | ($8.6M) |
| Net cash (used in) provided by financing activities | ($1.8B) | ($887.0M) | ($1.6B) | $69.0M |
| Net (decrease) increase in cash and cash equivalents | ($611.0M) | ($281.0M) | $464.0M | $63.9M |
| Cash and cash equivalents, beginning of period | $2.4B | $2.4B | $1.9B | $1.9B |
| Cash and cash equivalents, end of period | $1.8B | $2.1B | $2.3B | $1.9B |
| Interest | $452.0M | $227.0M | $684.0M | $440.2M |
| Income taxes | $55.0M | $2.0M | $122.0M | $84.8M |
| Changes in unrealized gains and losses on investment securities available for sale, net of taxes | ($76.0M) | ($61.0M) | $194.0M | $122.5M |
| Changes in unrealized gains and losses on junior subordinated debentures carried at fair value, net of taxes | ($1.0M) | $3.0M | — | $5.7M |
| Transfer of loans held for sale to loans held for investment | $20.0M | $19.0M | — | — |
COLUMBIA BANKING SYSTEM, INC. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.