AI brief of an SEC Form 8-K · Columbia Banking System (COLB)

Columbia Banking System Q4 net income $143 million, diluted EPS $0.68 vs $0.70 in Q3

Mixed Impact 3 of 5 earnings Written later

Columbia Banking System reported fourth-quarter 2024 net income of $143 million and diluted earnings per share of $0.68, compared with $146 million and $0.70 in the third quarter, while operating EPS rose to $0.71 from $0.69. Net interest income rose $7 million to $437 million, but non-interest income fell $16 million, and full-year 2024 net income of $533.7 million was up 53% from 2023, which shareholders may weigh against the quarter-over-quarter decline.

Key points

  • Q4 2024 net income was $143 million, down from $146 million in Q3 2024; diluted EPS was $0.68, versus $0.70 in Q3 and $0.45 in Q4 2023.
  • Operating diluted EPS, a non-GAAP measure, was $0.71 in Q4 2024 compared with $0.69 in Q3 2024.
  • Net interest income rose $7 million to $437 million, while non-interest income fell $16 million to $50 million, driven partly by a $6 million net fair value loss.
  • Full-year 2024 net income was $533.7 million and diluted EPS was $2.55, up from $1.78 in 2023; final figures will appear in the Form 10-K.

The filing

CompanyColumbia Banking System (COLB)
Form8-K, current report
Filed with the SECJan 23, 2025, 4:31 PM ET
Accession number0000887343-25-000015

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.