COLUMBIA BANKING SYSTEM, INC.

COLB 10-Q · Q1 2026

COLB Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Interest And Fee Income Loans And Leases 684 553 +23.7%
Interest Income Securities Taxable 103 69 +49.3%
Interest Income Securities Tax Exempt 12 7 +71.4%
Dividend Income Operating 3 3 0.0%
Other Interest And Dividend Income 14 16 -12.5%
Interest And Dividend Income Operating 816 648 +25.9%
Interest Expense Deposits 184 177 +4.0%
Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase 1 1 0.0%
Interest Expense F H L B F R B And Other Long Term Debt 30 36 -16.7%
Interest Expense Junior Subordinated Debentures 7 9 -22.2%
Interest Expense Operating 222 223 -0.4%
Interest Income Expense Net 594 425 +39.8%
Provision For Loan Lease And Other Losses 28 27 +3.7%
Interest Income Expense After Provision For Loan Loss 566 398 +42.2%
Revenue (Q)
Show Product Lines breakouts
Card-based fees 15 13 +15.4%
Investment Advisory Management And Administrative Service 15 5 +200.0%
Service charges on deposits 20 19 +5.3%
Residential Mortgage Banking Revenue Loss Net 12 9 +33.3%
Gain Loss On Sales Of Loans Net 1
Fair Value Option Changes In Fair Value Gain Loss1 -2 7 -128.6%
Show Income Statement Location breakouts
Residential Mortgage Banking Revenue 15 1 +1400.0%
Bank Owned Life Insurance Income 9 5 +80.0%
Noninterest Income Other Operating Income 13 6 +116.7%
Noninterest Income 83 66 +25.8%
Labor And Related Expense 196 145 +35.2%
Occupancy Net 66 48 +37.5%
Communication 4 3 +33.3%
Marketing Expense 5 3 +66.7%
Professional Fees 15 15 0.0%
Deposit Costs 14 2 +600.0%
Federal Deposit Insurance Corporation Premium Expense 9 8 +12.5%
Amortization Of Intangible Assets 41 28 +46.4%
Merger And Restructuring Expense 24 14 +71.4%
Other Noninterest Expense 20 19 +5.3%
Noninterest Expense 394 340 +15.9%
Income Loss Attributable To Parent 255 124 +105.6%
Income Tax Expense (Benefit) 63 37 +70.3%
Net Income 192 87 +120.7%
Show Equity Components breakouts
Retained Earnings 192 87 +120.7%
EPS (Basic) 0.66 0.41 +61.0%
EPS (Diluted) 0.66 0.41 +61.0%
Wtd Avg Shares (Basic) 290,933 208,800 +39.3%
Wtd Avg Shares (Diluted) 292,160 210,023 +39.1%
Net Income Loss Available To Common Stockholders Basic 192 87 +120.7%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 2,099 2,072,706 -99.9%
Non-Current Assets
Property, Plant & Equipment 426 344,926 -99.9%
Goodwill 1,482 1,029,234 -99.9%
Total Assets 66,027
Intangible Assets 671 456,269 -99.9%
Other Assets
Cash And Due From Banks 577 591,265 -99.9%
Interest Bearing Deposits In Banks 1,522 1,481,441 -99.9%
Equityand Other Investment Securities 124
Held To Maturity Securities 18 2,057 -99.1%
Show Financial Instrument breakouts
Corporate Debt Securities 18
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 18 2,057 -99.1%
Estimate Of Fair Value Fair Value Disclosure 18 2,645 -99.3%
Loans Receivable Held For Sale Net Not Part Of Disposal Group 81 64,747 -99.9%
Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss 47,697 37,616,101 -99.9%
Show Collateral breakouts
Collateral Pledged 248 184,865 -99.9%
Collateral Pledged · Commercial Portfolio Segment 19 18,101 -99.9%
Collateral Pledged · Commercial Portfolio Segment 46 31,971 -99.9%
Collateral Pledged · Commercial Portfolio Segment 21 20,665 -99.9%
Collateral Pledged · Commercial Real Estate Portfolio Segment 38 14,657 -99.7%
Collateral Pledged · Commercial Real Estate Portfolio Segment 46 20,681 -99.8%
Collateral Pledged · Residential Portfolio Segment 2 2,127 -99.9%
Collateral Pledged · Residential Portfolio Segment 76 76,663 -99.9%
Commercial Real Estate 88 41,096 -99.8%
Commercial Real Estate · Commercial Portfolio Segment 1 4,366 -100.0%
Commercial Real Estate · Commercial Portfolio Segment 3 1,392 -99.8%
Commercial Real Estate · Commercial Real Estate Portfolio Segment 38 14,657 -99.7%
Commercial Real Estate · Commercial Real Estate Portfolio Segment 46 20,681 -99.8%
General Business Assets 82 63,937 -99.9%
General Business Assets · Commercial Portfolio Segment 19 18,101 -99.9%
General Business Assets · Commercial Portfolio Segment 45 27,605 -99.8%
General Business Assets · Commercial Portfolio Segment 18 18,231 -99.9%
Residential Real Estate 78 79,832 -99.9%
Residential Real Estate · Residential Portfolio Segment 2 2,127 -99.9%
Residential Real Estate · Residential Portfolio Segment 76 76,663 -99.9%
Show Credit Loss Status breakouts
Financial Asset Acquired With Credit Deterioration 467 188.2 +148.1%
Show Financing Receivable Portfolio breakouts
Commercial Portfolio Segment 12,310 9,887,854 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 1,619 1,644,052 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 1,567 1,589,522 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 33 36,429 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 22 24,908 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 11 11,521 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 1,505 1,524,905 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 28 27,744 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 37 66,560 -99.9%
Commercial Portfolio Segment · Leases & equipment finance 47 23,550 -99.8%
Commercial Portfolio Segment · Leases & equipment finance 2 1,293 -99.8%
Commercial Portfolio Segment · Lines of credit & other 3,804 2,753,613 -99.9%
Commercial Portfolio Segment · Lines of credit & other 3,746 2,711,140 -99.9%
Commercial Portfolio Segment · Lines of credit & other 11 8,891 -99.9%
Commercial Portfolio Segment · Lines of credit & other 8 4,953 -99.8%
Commercial Portfolio Segment · Lines of credit & other 2 3,863 -99.9%
Commercial Portfolio Segment · Lines of credit & other 1 75 -98.7%
Commercial Portfolio Segment · Lines of credit & other 3,588 2,622,393 -99.9%
Commercial Portfolio Segment · Lines of credit & other 79 25,515 -99.7%
Commercial Portfolio Segment · Lines of credit & other 135 104,375 -99.9%
Commercial Portfolio Segment · Lines of credit & other 2 417 -99.5%
Commercial Portfolio Segment · Term 6,887 5,490,189 -99.9%
Commercial Portfolio Segment · Term 6,845 5,457,461 -99.9%
Commercial Portfolio Segment · Term 12 3,919 -99.7%
Commercial Portfolio Segment · Term 5 1,828 -99.7%
Commercial Portfolio Segment · Term 6 2,091 -99.7%
Commercial Portfolio Segment · Term 6,683 5,274,179 -99.9%
Commercial Portfolio Segment · Term 7 13,431 -99.9%
Commercial Portfolio Segment · Term 118 137,490 -99.9%
Commercial Portfolio Segment · Term 75 61,349 -99.9%
Commercial Portfolio Segment · Term 4 3,740 -99.9%
Commercial Portfolio Segment · Term 1
Commercial Real Estate Portfolio Segment 27,587 19,637,032 -99.9%
Commercial Real Estate Portfolio Segment · Construction & development 1,670 2,070,732 -99.9%
Commercial Real Estate Portfolio Segment · Construction & development 1,632 2,070,732 -99.9%
Commercial Real Estate Portfolio Segment · Construction & development 1,569 2,015,358 -99.9%
Commercial Real Estate Portfolio Segment · Construction & development 28 55,374 -99.9%
Commercial Real Estate Portfolio Segment · Construction & development 38
Commercial Real Estate Portfolio Segment · Construction & development 38
Commercial Real Estate Portfolio Segment · Construction & development 73
Commercial Real Estate Portfolio Segment · Multifamily 10,173 5,831,266 -99.8%
Commercial Real Estate Portfolio Segment · Multifamily 10,162 5,831,266 -99.8%
Commercial Real Estate Portfolio Segment · Multifamily 10,115 5,791,209 -99.8%
Commercial Real Estate Portfolio Segment · Multifamily 46 34,319 -99.9%
Commercial Real Estate Portfolio Segment · Multifamily 12 5,738 -99.8%
Commercial Real Estate Portfolio Segment · Multifamily 5
Commercial Real Estate Portfolio Segment · Multifamily 6
Commercial Real Estate Portfolio Segment · Multifamily 11
Commercial Real Estate Portfolio Segment · Non-owner occupied term 8,113 6,179,261 -99.9%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 8,061 6,105,731 -99.9%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 12 56,604 -100.0%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 9 56,218 -100.0%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 3 386 -99.2%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 7,924 6,004,964 -99.9%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 1 2,630 -100.0%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 83 40,087 -99.8%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 104 130,931 -99.9%
Commercial Real Estate Portfolio Segment · Non-owner occupied term 1 649 -99.8%
Commercial Real Estate Portfolio Segment · Owner occupied term 7,258 5,303,424 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 7,187 5,275,057 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 20 3,383 -99.4%
Commercial Real Estate Portfolio Segment · Owner occupied term 5 2,999 -99.8%
Commercial Real Estate Portfolio Segment · Owner occupied term 12 384 -96.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 6,962 5,052,286 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 6 6,127 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 131 172,240 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 157 70,468 -99.8%
Commercial Real Estate Portfolio Segment · Owner occupied term 2 2,303 -99.9%
Commercial Real Estate Portfolio Segment · Owner occupied term 3
Commercial Real Estate Portfolio Segment · Residential development 373 252,349 -99.9%
Commercial Real Estate Portfolio Segment · Residential development 373 252,349 -99.9%
Commercial Real Estate Portfolio Segment · Residential development 373 252,349 -99.9%
Consumer Portfolio Segment 170 173,727 -99.9%
Consumer Portfolio Segment · Financial Asset Not Past Due 167 172,616 -99.9%
Consumer Portfolio Segment · Financial Asset Past Due 3 1,111 -99.7%
Consumer Portfolio Segment · Financing Receivables30 To59 Days Past Due 3 630 -99.5%
Consumer Portfolio Segment · Pass/Watch 169 172,616 -99.9%
Consumer Portfolio Segment · Special Mention 1 833 -99.9%
Residential Portfolio Segment 7,630 7,917,488 -99.9%
Residential Portfolio Segment · Home Equity 2,147 2,039,061 -99.9%
Residential Portfolio Segment · Home Equity 2,127 2,021,204 -99.9%
Residential Portfolio Segment · Home Equity 20 17,857 -99.9%
Residential Portfolio Segment · Home Equity 7 6,302 -99.9%
Residential Portfolio Segment · Home Equity 3 6,809 -100.0%
Residential Portfolio Segment · Home Equity 10 4,746 -99.8%
Residential Portfolio Segment · Home Equity 2,127 2,021,205 -99.9%
Residential Portfolio Segment · Home Equity 11 13,111 -99.9%
Residential Portfolio Segment · Home Equity 3 1,501 -99.8%
Residential Portfolio Segment · Home Equity 6 3,244 -99.8%
Residential Portfolio Segment · Real Estate Loan 5,483 5,878,427 -99.9%
Residential Portfolio Segment · Real Estate Loan 5,397 5,793,219 -99.9%
Residential Portfolio Segment · Real Estate Loan 86 85,208 -99.9%
Residential Portfolio Segment · Real Estate Loan 14 19,209 -99.9%
Residential Portfolio Segment · Real Estate Loan 9 15,722 -99.9%
Residential Portfolio Segment · Real Estate Loan 63 50,277 -99.9%
Residential Portfolio Segment · Real Estate Loan 5,399 5,795,848 -99.9%
Residential Portfolio Segment · Real Estate Loan 24 34,933 -99.9%
Residential Portfolio Segment · Real Estate Loan 13 30,742 -100.0%
Residential Portfolio Segment · Real Estate Loan 47 16,904 -99.7%
Show Financing Receivables Period Past Due breakouts
Financial Asset Not Past Due 47,264 37,280,297 -99.9%
Financial Asset Past Due 246 213,402 -99.9%
Financing Receivables Equal To Greater Than90 Days Past Due 78 55,376 -99.9%
Financing Receivables Equal To Greater Than90 Days Past Due · Loans Insured Or Guaranteed By Us Government Authorities 48 24.2 +98.3%
Financing Receivables30 To59 Days Past Due 116 117,047 -99.9%
Financing Receivables60 To89 Days Past Due 52 40,979 -99.9%
Financing Receivable Allowance For Credit Loss Excluding Accrued Interest -459 -421 -9.0%
Show Financing Receivable Portfolio breakouts
Commercial Portfolio Segment -208 -214 +2.8%
Commercial Real Estate Portfolio Segment -212 -168 -26.2%
Consumer Portfolio Segment -6 -7 +14.3%
Residential Portfolio Segment -33 -32 -3.1%
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss 47,238 37,194,606 -99.9%
Show Credit Loss Status breakouts
Financial Asset Acquired With Credit Deterioration 411 168.1 +144.5%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 47,238 37,194,606 -99.9%
Estimate Of Fair Value Fair Value Disclosure 46,353 35,757,553 -99.9%
Federal Home Loan Bank Stock 168 125,300 -99.9%
Intangible Assets Net Excluding Goodwill 671 456,269 -99.9%
Bank Owned Life Insurance 1,222
Other Assets 1,583 684,717 -99.8%
Non-Current Liabilities
Total Liabilities 58,363 46,281,457 -99.9%
Other Liabilities
Available For Sale Securities Debt Securities 10,915 8,228,805 -99.9%
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · US Treasury And Government 184 254,780 -99.9%
Fair Value Inputs Level2 · Mortgage-backed securities and collateralized mortgage obligations 8,142 5,834,930 -99.9%
Fair Value Inputs Level2 · US States And Political Subdivisions 1,583 1,020,842 -99.8%
Fair Value Inputs Level2 · US Treasury And Government 1,006 1,118,253 -99.9%
Show Financial Instrument breakouts
Mortgage-backed securities and collateralized mortgage obligations 8,142 5,834,930 -99.9%
US States And Political Subdivisions 1,583 1,020,842 -99.8%
US Treasury And Government 1,190 1,373,033 -99.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 10,915 8,228,805 -99.9%
Estimate Of Fair Value Fair Value Disclosure 10,915 8,228,805 -99.9%
Noninterest Bearing Deposit Liabilities 17,635 13,413,927 -99.9%
Interest Bearing Deposit Liabilities 35,854 28,803,767 -99.9%
Deposits 53,489
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 53,489
Estimate Of Fair Value Fair Value Disclosure 53,471
Securities Sold Under Agreements To Repurchase 162 192,386 -99.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 162 192,386 -99.9%
Estimate Of Fair Value Fair Value Disclosure 162 192,386 -99.9%
Other Borrowings 3,400 2,550,000 -99.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 3,400 2,550,000 -99.9%
Estimate Of Fair Value Fair Value Disclosure 3,400 2,550,150 -99.9%
Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust 333 320,774 -99.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 333 320,774 -99.9%
Estimate Of Fair Value Fair Value Disclosure 333 320,774 -99.9%
Junior Subordinated Debentures At Amortized Cost 97 107,611 -99.9%
Show Fair Value By Measurement Basis breakouts
Carrying Reported Amount Fair Value Disclosure 97 107,611 -99.9%
Estimate Of Fair Value Fair Value Disclosure 100 104,063 -99.9%
Other Liabilities 882 771,710 -99.9%
Commitments And Contingencies (Q)
Show Loss Contingencies By Nature Of Contingency breakouts
Commitments To Extend Credit 11,928
Commitments To Originate Loans Held For Sale 70
Interest rate forward sales commitments 91
Standby Letters Of Credit 429
Stockholders' Equity
Common Stock 7,896 5,823,287 -99.9%
Retained Earnings 59 -227,006 +100.0%
Accumulated Other Comprehensive Income -291 -358,472 +99.9%
Total Stockholders' Equity 7,664 5,237,809 -99.9%
Total Liabilities & Equity 66,027 51,519,266 -99.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Life Insurance Corporate Or Bank Owned Change In Value -11 -5 -120.0%
Depreciation & Amortization 21 21 0.0%
Gain Loss On Sale Of Property Plant Equipment -1 -3 +66.7%
Increase In Mortgage Servicing Rights Carried At Fair Value -3 -1 -200.0%
Change In Fair Value Of Residential Mortgage Servicing Rights Carried At Fair Value -3 4 -175.0%
Stock-Based Compensation 10 11 -9.1%
Increase Decreasein Equity Securities -11 -12 +8.3%
Gain Loss On Sale Of Loans And Leases -5 -3 -66.7%
Increase Decrease In Mortgage Loans Held For Sale -15 -1 -1400.0%
Payments For Origination And Purchases Of Loans Held For Sale -171 -136 -25.7%
Proceeds From Sale Of Loans Held For Sale 429 144 +197.9%
Increase Decrease In Other Operating Assets 105 65 +61.5%
Increase Decrease In Other Operating Liabilities -71 -74 +4.1%
Net Cash from Operations 494 122 +304.9%
Investing Activities
Purchases of Investments -208
Proceeds From Sale Of Available For Sale Securities Debt 352 190 +85.3%
Payments To Acquire Restricted Investments -81 -27 -200.0%
Proceeds From Sale Of Restricted Investments 72 52 +38.5%
Payments For Proceeds From Loans And Leases -142 34 -517.6%
Proceeds From Sale Of Loans Receivable 128 4 +3100.0%
Payments For Proceeds From Productive Assets -17
Proceeds From Life Insurance Policies 7
Other Investing Activities 1
Net Cash from Investing 112 250 -55.2%
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax -61 96 -163.5%
Other Comprehensive Income Loss Financial Liability Fair Value Option Unrealized Gain Loss Arising During Period After Tax 3 8 -62.5%
Transfer Of Loans Held For Sale To Portfolio Loans1 19 3 +533.3%
Financing Activities
Increase Decrease In Deposits -722 497 -245.3%
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase -45 -44 -2.3%
Proceeds From Issuance Of Long Term Debt 3,400 2,050 +65.9%
Repayments Of Other Long Term Debt -3,200 -2,600 -23.1%
Proceeds From Issuance Of Common Stock 2 1 +100.0%
Payments Of Dividends Common Stock -107 -75 -42.7%
Share Repurchases -215 -7 -2971.4%
Net Cash from Financing -887 -178 -398.3%
Supplemental
Interest Paid 227 221 +2.7%
Income Taxes Paid 2 1 +100.0%
Other Cash Flow
Net Change in Cash -281 194 -244.8%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 2,099 2,072 +1.3%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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