COLB News and Press, Columbia Banking System Inc. From 03/02/23

Truist Securities on Thursday initiated coverage of Columbia Banking System ( NASDAQ: COLB ) with a Hold rating following its merger of equals with Umpqua, as it believes the stock remains close to fairly valued. "The financial and strategic merits of the merger are compelling, b...

Wells Fargo on Wednesday initiated coverage of Columbia Banking System ( NASDAQ: COLB ) with an Overweight rating following the completion of its previously announced combination with Umpqua Holdings ( NASDAQ: UMPQ ). Earlier, COLB and UMPQ, both based in the Northwest, said t...

Columbia Banking System and Umpqua Holdings Corporation Complete Merger PR Newswire Two Leading Community Banks Based in the Northwest Combine to Create One of the Largest Banks Headquartered in the West TACOMA, Wash. and PORTLAND, Ore. , March 1, 202...

Columbia Banking System to Present at Raymond James & Associates 44th Annual Institutional Investors Conference on March 8, 2023 Columbia Banking System to Present at Raymond James & Associates 44th Annual Institutional Investors Conference on March 8, 2023 PR Newswire ...

Columbia Banking System Set to Join S&P MidCap 400; Verra Mobility to Join S&P SmallCap 600 Columbia Banking System Set to Join S&P MidCap 400; Verra Mobility to Join S&P SmallCap 600 PR Newswire NEW YORK , Feb. 23, 2023 /PRNewswire/ -- S&...

Summary Umpqua's fourth quarter results included a lot of items and adjustments, but core revenue looked a little light, though underlying performance was still okay. Loan growth continues to slow, though C&I and multifamily still offer some growth opportunities, and Umpqua continue...

Columbia Banking System, Inc. (COLB) Q4 2022 Earnings Conference Call January 24, 2023, 02:00 PM ET Company Participants Clint Stein - President & Chief Executive Officer Aaron Deer - Chief Financial Officer Chris Merrywell - Chief Operating Officer Conferenc...

Columbia Banking System press release ( NASDAQ: COLB ): Q4 GAAP EPS of $0.88 beats by $0.16 . Revenue of $190.02M (+11.9% Y/Y) misses by $7.72M . For further details see: Columbia Banking System GAAP EPS of $0.88 beats by $0.16, revenue of $190.02M misses by $7.72M

Summary Banner posted generally positive operating results for the fourth quarter, including strong net interest income, ongoing net interest margin expansion, and good yields on new loans. Loan demand is slowing, but Banner is still enjoying a tailwind from new loans generated at highe...

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...