Columbia Banking System, Inc. (COLB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Columbia Banking System reported revenue of $2.30B, up 19.3% from $1.93B the year before. Net income was $550.0M (a 23.9% net margin), or $2.30 per diluted share. Net interest income was $2.00B, and the efficiency ratio (noninterest expense / revenue) was 61.8%. Operating activities generated $746.0M of cash. At fiscal year end, Columbia Banking System held $66.83B in total assets against $58.99B in total liabilities, including $2.38B of cash and equivalents.
Open the full interactive Columbia Banking System financials → Quarterly statements, key ratios, valuation history and price charts.
Columbia Banking System Key Stats
| Share Price | $28.23 |
|---|---|
| Market Cap | $8.09B |
| P/E Ratio | 12.3 |
| Revenue YoY Growth | +19.3% |
| 52-Week Range | $22.90 – $33.20 |
| Shares Outstanding | 285.6 million (basic, 2026 Q2) |
Columbia Banking System Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $500.1M | $527.5M | $622.8M | $1.79B | $1.72B | $2.00B |
| Provision for Credit Losses | $77.7M | $4.8M | $1.9M | $213.2M | $105.9M | $150.0M |
| Noninterest Income | $104.5M | $94.1M | $99.1M | $203.9M | $211.0M | $298.0M |
| Noninterest Expense | $334.5M | $360.3M | $402.4M | $1.31B | $1.10B | $1.42B |
| Revenue | $604.6M | $621.6M | $722.0M | $2.00B | $1.93B | $2.30B |
| Pre-Tax Income | $192.4M | $256.5M | $317.6M | $471.2M | $718.8M | $728.0M |
| Income Tax | $38.1M | $53.7M | $67.5M | $122.5M | $185.1M | $178.0M |
| Net Income | $154.2M | $202.8M | $250.2M | $348.7M | $533.7M | $550.0M |
| Diluted EPS | $2.17 | $2.78 | $3.20 | $1.78 | $2.55 | $2.30 |
Columbia Banking System Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $582.0M | $716.7M | $677.0M | $677.0M |
| Net Income | $96.0M | $215.0M | $192.0M | $208.0M |
| Diluted EPS | $0.40 | $0.90 | $0.66 | $0.73 |
Columbia Banking System Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $653.8M | $824.7M | $291.7M | $2.16B | $1.88B | $2.38B |
| Loans (Net) | $9.28B | $10.49B | $11.45B | $37.00B | $37.26B | $47.31B |
| Total Assets | $16.58B | $20.95B | $20.27B | $52.17B | $51.58B | $66.83B |
| Deposits | $13.87B | $18.01B | $16.71B | $41.61B | $41.72B | $54.21B |
| Total Long-Term Debt | $42.5M | $27.7M | $974.6M | $8.07B | $3.43B | $3.54B |
| Total Liabilities | $14.24B | $18.36B | $18.05B | $47.18B | $46.46B | $58.99B |
| Shareholders' Equity | $2.35B | $2.59B | $2.21B | $5.00B | $5.12B | $7.84B |
Columbia Banking System Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $192.3M | $235.1M | $300.7M | $669.8M | $658.9M | $746.0M |
| Cash From Investing | -$1.92B | -$2.36B | -$395.7M | $501.7M | $114.6M | $2.17B |
| Cash From Financing | $2.13B | $2.29B | -$438.0M | -$303.7M | -$1.06B | -$2.42B |
| Free Cash Flow | $183.6M | $228.9M | $293.5M | $642.8M | — | — |
Figures from Columbia Banking System's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Columbia Banking System financials page for every line item.
Columbia Banking System Company Profile
| Ticker | COLB |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Tacoma, Washington |
| Incorporated in | Washington |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000887343 |
Frequently Asked Questions
What was Columbia Banking System's revenue in fiscal 2025?
Columbia Banking System (COLB) reported revenue of $2.30B for fiscal 2025.
What is Columbia Banking System's annual revenue history?
Columbia Banking System's annual revenue by fiscal year: 2020: $604.6M; 2021: $621.6M; 2022: $722.0M; 2023: $2.00B; 2024: $1.93B; 2025: $2.30B.
What was Columbia Banking System's net income in fiscal 2025?
Columbia Banking System reported net income of $550.0M for fiscal 2025.
What was Columbia Banking System's earnings per share (EPS) in fiscal 2025?
Columbia Banking System's diluted EPS was $2.30 for fiscal 2025 (adjusted for any later stock splits).
What was Columbia Banking System's revenue last quarter?
In its most recent reported quarter (2026 Q2), Columbia Banking System reported revenue of $677.0M.
How much debt does Columbia Banking System have?
Columbia Banking System reported $3.54B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Columbia Banking System are outstanding?
Columbia Banking System reported a weighted average of 285.6 million basic shares outstanding in 2026 Q2.
What is Columbia Banking System's market cap?
Based on its latest closing price, Columbia Banking System (COLB) has a market capitalization of about $8.09B.
When does Columbia Banking System's fiscal year end?
Columbia Banking System's fiscal year end, as registered with the SEC, is December 31.
Where is Columbia Banking System headquartered?
Columbia Banking System lists its business address in Tacoma, Washington in its SEC filings.