AI brief of an SEC Form 8-K · Columbia Banking System (COLB)
Columbia Banking System Q3 net income rises to $220 million; diluted EPS $0.78
Columbia Banking System reported third quarter 2026 net income of $220 million, or $0.78 per diluted share, up from $208 million and $0.73 in the second quarter and from $0.40 a year earlier. The Board authorized a new $1.2 billion share repurchase program with no expiration date after the previous plan was completed.
Key points
- Net income was $220 million and diluted EPS was $0.78, compared with $0.73 in Q2 2026 and $0.40 in Q3 2025.
- Operating diluted EPS, a non-GAAP measure, was $0.82, up from $0.76 in Q2 2026 but down from $0.85 in Q3 2025.
- Net interest margin was 4.11%, up 18 basis points from Q2 2026.
- The Board authorized a new buyback of up to $1.2 billion; the prior plan was completed, with 23.3 million shares repurchased since November 2025.
The filing
CompanyColumbia Banking System (COLB)
Form8-K, current report
Filed with the SECOct 22, 2026, 4:15 PM ET
Accession number0000887343-26-000184
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
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.