StocksMedium•11 November 2026•
1 min read
Columbia Banking Board Authorizes $1.2 Billion Share Buyback Program
Key Facts
1Columbia Banking board authorized a new $1.2 billion share buyback program.
2The decision follows the company returning over $1 billion to shareholders, supported by rising deposits and strong capital ratios.
Columbia Banking board authorized a new $1.2 billion share buyback program. Zacks reported that the decision follows the company already returning over $1 billion to shareholders, supported by rising deposits and strong capital ratios.
The company aims to enhance shareholder value through capital returns, citing a robust balance sheet and increasing deposit levels following its third-quarter performance. The buyback authorization signals management confidence in the bank's financial position.