NASDAQ$COLB

Columbia Banking System Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Columbia Banking System reported Q4 2025, net income of $215M.

For Q4 2025, Columbia Banking System reported net income of $215M. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Net income $215M.
  • Columbia Banking System highlights liquidity, credit, and 2026 priorities.
  • Columbia Banking System highlights liquidity, credit, and 2026 priorities.

Headline financials

Total Revenue

$717M

Previous: $487M+47.2%
EPS (adj)

$0.82

Previous: $0.71+15.5%
Net Interest Margin

4.1%

Previous: 3.6%+11.5%
Efficiency Ratio

57.3%

No prior period
Return on Average Assets

1.3%

Previous: 1.1%+15.5%
Return on Average Tangible Common Equity

15.2%

Previous: 15.4%-1.1%
Dividend Per Share

$0.37

No prior period
Operating Efficiency Ratio (Adjusted)

51.4%

Previous: 52.5%-2.1%
Operating Return on Average Assets

1.4%

Previous: 1.1%+25.2%
Operating Return on Average Tangible Common Equity

17.2%

Previous: 16.1%+6.9%
Total Risk-Based Capital Ratio

13.6%

Previous: 12.6%+7.9%
Common Equity Tier 1 Risk-Based Capital Ratio

11.8%

Previous: 10.5%+12.4%
Non-Performing Assets to Total Assets

0.3%

Previous: 0.3%-9.1%
Allowance for Credit Losses to Loans and Leases

1.0%

No prior period
Net Charge-Offs to Average Loans and Leases (Annualized)

0.3%

No prior period
Net Income

$215M

Previous: $143M+50.1%
Operating Income

$243M

Previous: $150M+62.3%

Revenue & EPS history

Columbia Banking System · Revenue · Quarterly

$717M

Q4 2025+47.2%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The release discusses Columbia Banking System's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Columbia Banking System cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and shareholder returns.
  • Net interest margin and loan/deposit growth support the regional banking outlook.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.
  • Credit costs and funding competition remain key risks for banks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.3%

Avg return

Earnings day

-0.2%

Avg return

5 days after

+1.8%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+15.4%

Q2 2024

Best reaction

-19.6%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%-1.8%+0.3%
Q4 2025-2.6%-2.4%+7.0%
Q3 2025+3.5%+1.9%+6.5%
Q1 2025-0.9%-3.4%+0.3%
Q4 2024-0.7%-1.8%-5.8%
Q3 2024+3.0%+5.8%+16.8%
Q2 2024+15.4%+12.3%+6.8%
Q1 2024-0.5%-2.1%-2.0%
Q4 2023-19.6%-16.8%-27.7%
Q3 2023-3.7%-9.4%+10.4%
Q2 2023-4.7%-3.7%-14.7%
Q1 2023+7.3%+4.4%+4.9%
Q4 2022+4.6%+5.0%+6.6%
Q3 2022+4.3%+5.2%+13.6%
Q2 2022-3.2%-3.7%+5.9%
Q1 2022+0.3%-4.2%-8.0%
Q4 2021-3.8%-2.3%+0.0%
Q3 2021+0.6%+2.1%-3.6%
Q2 2021+0.3%+1.8%+6.0%
Q1 2021-1.0%+0.3%-1.9%
Q4 2020-4.6%-0.1%+9.7%
Q3 2020+10.2%+19.0%+30.3%
Q2 2020+0.4%-4.4%-6.8%
Q1 2020-14.5%-19.0%-14.3%
Q4 2019+3.0%+2.1%-0.6%
Q3 2019+1.8%+5.3%+3.3%
Q2 2019+1.5%+2.2%-8.0%
Q1 2019+5.2%+7.6%+1.1%
Q4 2018-5.7%-4.4%-0.5%
Q3 2018+9.3%+13.1%+17.4%
Q2 2018-0.6%-1.5%+1.9%
Q1 2018-7.6%-8.1%-3.8%
Q4 2017-3.5%-5.8%-5.7%
Q3 2017+4.7%+3.3%+3.7%
Q2 2017-3.0%+0.6%-6.2%
Q1 2017-2.9%-2.6%-6.3%
Q4 2016-1.8%-4.5%-2.0%
Q3 2016+2.5%+2.0%+25.0%
Q2 2016+1.8%+1.1%+9.8%
Q1 2016-6.9%
Q4 2015+2.7%
Q3 2015-2.6%
Q2 2015-1.0%
Q1 2015+3.3%
Q4 2014+1.0%
Q3 2014-3.2%
Q2 2014+4.8%
Q1 2014-4.9%
Q4 2013-1.2%
Q3 2013+2.5%
Q2 2013-1.6%
Q1 2013+2.6%
Q4 2012+2.1%
Q3 2012-1.8%
Q2 2012-1.3%
Q1 2012+2.8%
Q4 2011-0.7%
Q4 2010-0.7%
Q4 2009-0.7%
Q3 2011-1.0%
Q3 2010-1.7%
Q2 2010-4.6%
Q2 2011-4.6%
Q1 2010-1.6%
Q1 2011-1.6%

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