Columbia Banking System Q3 Net Income More Than Doubles Year Over Year to $220 Million

Bitget2026/10/22 20:03

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Columbia Banking System’s third-quarter 2026 net income more than doubled year-over-year to $220 million.
Revenue rose 19% year-over-year to $695 million, while net interest income climbed 22% to $615 million.
Provision for credit losses fell 53% year-over-year to $33 million.
The board authorized a new share repurchase plan of up to $1.2 billion with no expiration date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbia Banking System Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610221601PR_NEWS_USPR_____SF78603) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Columbia Banking System Q3 Net Income More Than Doubles Year Over Year to $220 Million

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