COLB News and Press, Columbia Banking System Inc. From 10/27/22

Summary Columbia Bank posted good results in the third quarter, with strong spread income growth driven by higher net interest spreads. Not only did Columbia generate above-average loan growth, they also saw exceptionally low deposit beta and deposit cost evolution. The pendin...

Summary Umpqua reported healthy results in the third quarter, with adjusted core results comfortably ahead of expectations on strong spread performance and strong pre-provision profit growth. Loan growth was better than average, and the company continues to benefit from its high-q...

Summary Banner posted better than expected third quarter results, with healthy spread income growth and good expense leverage. Loan growth is slowing as smaller business customers become more cautious, but Banner is leveraging a very strong funding position that should continue. ...

Columbia Banking System, Inc. (COLB) Q3 2022 Earnings Conference Call October 20, 2022 2:00 PM ET Company Participants Clint Stein - President & Chief Executive Officer Aaron Deer - Chief Financial Officer Chris Merrywell - Chief Operating Officer Andy Mc...

Columbia Banking System press release ( NASDAQ: COLB ): Q3 Non-GAAP EPS of $0.86. Revenue of $189.12M (+20.9% Y/Y). Nonperforming assets to period-end assets ratio decreased to historic low of 0.07%. For further details see: Columbia Banking System Non-GAAP E...

Columbia Banking System Announces Third Quarter 2022 Results PR Newswire Notable Items for Third Quarter 2022 Record quarterly net income of $64.9 million and diluted earnings per share of $0.83 , which included a $0.03 per share reduction ste...

Columbia Banking System Announces Regular Cash Dividend of $0.30 and Provides Third Quarter 2022 Earnings Release and Conference Call Date PR Newswire TACOMA, Wash. , Oct. 5, 2022 /PRNewswire/ -- Columbia Banking System, Inc. (" Columbia ") (NASDAQ: C...

Summary This article is the second in a series focused on bank valuations. 50 Mid-Caps are the subject today. This analysis considers: Valuations, Profitability Trends, Dividend Yields, Loan-to-Asset Ratios, and Funding Costs. Key findings: Mid-Caps are more attractively price...

Umpqua shares have modestly lagged other regional banks as investors await the close of the Colombia merger and as weaker mortgage banking offsets healthy core lending. Lending grew nicely above industry averages in Q2, and merging with Colombia should help resolve some pressure from ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Canada’s national business paper, The Globe and Mail, recently interviewed a Toronto-based portfolio manager who seeks out smaller growth stocks with the potential to become large caps over the long haul. Alex Ets...