Every material Form 8-K Columbia Banking System filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Columbia Banking System said Torran Nixon, Co-President of Columbia Bank and Senior Executive Vice President, will transition to a senior advisor role. The change takes effect July 1, 2027 or another agreed date, and he is set to retire December 31, 2027. The filing describes continued pay and equity terms, which matter to shareholders as a planned leadership change at a senior level.
Transition Date: July 1, 2027, or another mutually agreed date
Retirement Date: December 31, 2027, after service as senior advisor
Nixon eligible for a 2027 equity grant with target grant date fair value no less than his 2026 grant while Co-President
Annual incentive payout for 2027, if any, prorated through the Transition Date
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.
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.
Columbia Banking System, Inc. appointed Simone Lagomarsino to its Board of Directors on July 28, 2026, effective September 1, 2026. Her seat on the Columbia Bank board is subject to approval by the Oregon Department of Consumer and Financial Services. She will serve on the Audit and Enterprise Risk Management committees, and her director pay is set by the company's 2026 non-employee director program.
Appointment effective September 1, 2026; Columbia Bank board seat subject to Oregon regulator approval
Will serve on the Audit Committee and the Enterprise Risk Management Committee
Annual cash retainer of $95,000 and annual equity retainer of $115,000, prorated for the partial year
Restricted stock award from the equity retainer vests in full on May 14, 2027
Columbia Banking System reported second quarter 2026 net income of $208 million, up from $192 million in the first quarter, with diluted earnings of $0.73 per share versus $0.66 a quarter earlier. Net interest income fell $5 million to $589 million, while lower merger expense cut non-interest expense by $19 million to $375 million. Total deposits declined to $52.1 billion from $53.5 billion, and borrowings rose to $4.3 billion.
Net income was $208 million, up from $192 million in Q1 2026; diluted EPS was $0.73 versus $0.66 in Q1 and $0.73 in Q2 2025
Operating diluted EPS, a non-GAAP measure, was $0.76 versus $0.72 in Q1 2026
Net interest income was $589 million, down $5 million, and net interest margin was 3.93%, down 3 basis points
Non-interest expense was $375 million, down $19 million on lower merger expense; total deposits fell to $52.1 billion from $53.5 billion
Columbia Banking System reported first quarter 2026 net income of $192 million, or $0.66 per diluted share, down from $215 million, or $0.72, in the fourth quarter of 2025, but up from $87 million, or $0.41, a year earlier. Net interest income fell $33 million from the prior quarter, which included one-time benefits that did not repeat, and the company repurchased $200 million of common stock during the quarter.
Net income $192 million vs $215 million in 4Q25 and $87 million in 1Q25; diluted EPS $0.66 vs $0.72 and $0.41
Net interest income $594 million, down $33 million from the prior quarter; net interest margin 3.96%, down 10 basis points
Non-interest expense $394 million, down $18 million; provision for credit losses $28 million vs $23 million in 4Q25
Repurchased $200 million of common stock; quarterly dividend $0.37 per share; the company expects all Pacific Premier cost savings by June 30, 2026
Columbia Banking System reported fourth quarter 2025 net income of $215 million, or $0.72 per diluted share, up from $96 million, or $0.40, in the third quarter, with net interest income up $122 million after the Pacific Premier acquisition added two more months to the quarter. For the full year 2025, net income was $550 million, up 3%, but diluted EPS was $2.30, down 10% from $2.55, and operating EPS for the quarter was $0.82, down from $0.85 in the prior quarter.
Q4 2025 net income $215 million and diluted EPS $0.72, versus $96 million and $0.40 in Q3 2025
Q4 2025 operating diluted EPS $0.82, versus $0.85 in Q3 2025 and $0.71 in Q4 2024
Full-year 2025 net income $550 million (up 3%); diluted EPS $2.30 (down 10%)
Repurchased $100 million of common stock in the quarter; total assets $66.8 billion and deposits $54.2 billion as of December 31, 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Columbia Banking System filing is on SEC EDGAR ↗. 8-K briefs of other companies →