StocksMedium•22 October 2026•
1 min read
Columbia Banking System Reports $220 Million Net Income for Q3 2026
Key Facts
1Columbia Banking System reported net income of $220 million for the third quarter of 2026.
2Earnings per common share - diluted were $0.78, while operating earnings per common share were $0.82.
Columbia Banking System reported net income of $220 million for the third quarter of 2026, according to a statement released via PR Newswire. Diluted earnings per common share reached $0.78, while operating earnings per share stood at $0.82. CEO Clint Stein attributed the performance to consistent execution and active balance sheet management throughout the fiscal quarter.
COLB closed at $29.20 on October 21, 2026, with the stock trading between a low of $28.91 and a high of $29.24 during that session. The company reported that non-performing assets were $255 million, or 0.39% of total assets, as of September 30, 2026, while the allowance for credit losses was maintained at $480 million.