COLB News and Press, Columbia Banking System Inc. From 01/23/23

Summary Columbia and Umpqua announced what is essentially a merger of equals on October 12, 2021. The FDIC finally got around to approving the merger on January 10, 2023. My November 2021 "Sell" article questioned the deal structure, management accountability, and future business m...

Columbia Banking System Announces Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call Date PR Newswire TACOMA, Wash. , Jan. 12, 2023 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report fourth quarter and fu...

Columbia Banking System ( NASDAQ: COLB ) and Umpqua Holdings ( NASDAQ: UMPQ ), the parent company of Umpqua Bank, jointly announced that the Federal Deposit Insurance Corporation (the FDIC) has approved the previously announced combination of the two companies. The me...

Columbia Banking System and Umpqua Holdings Corporation Announce FDIC Approval and Expected Closing Timeline for Combination PR Newswire TACOMA, Wash. and PORTLAND, Ore. , Jan. 9, 2023 /PRNewswire/ -- Columbia Banking System, Inc. (" Columbia ") (NASDAQ: ...

Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia’s Pending Merger with Umpqua Columbia Banking System, Inc. (NASDAQ: COLB) (“Columbia”), the parent company of Columbia Bank, today announced that Columb...

TACOMA, Wash. and MOUNTLAKE TERRACE, Wash., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Columbia Banking System, Inc. (NASDAQ: COLB), the parent company of Columbia Bank (“Columbia”), today announced that Columbia has entered into a purchase and assumption agreement to sell seven branch...

COLUMBIA BANKING SYSTEM ANNOUNCES AGREEMENT TO SELL SEVEN WASHINGTON AND OREGON BRANCHES TO 1ST SECURITY BANK PR Newswire Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua ...

COLUMBIA BANKING SYSTEM ANNOUNCES AGREEMENT TO SELL THREE BRANCHES IN NORTHERN CALIFORNIA TO FIRST NORTHERN BANK PR Newswire Branches are Being Divested to Satisfy U.S. Department of Justice (DOJ) Requirements for Columbia's Pending Merger with Umpqua ...

COLUMBIA BANK EXPANDS BUSINESS LENDING DIVISION INTO ARIZONA WITH KEY LEADERSHIP HIRE PR Newswire Veteran Banker Ryan Summers to Deliver Commercial Banking Services Across the Spectrum, from Small Businesses to Middle Market Companies PHOENIX , No...

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...