Columbia Banking System (COLB)
Operates a unified western-US bank forged from three major bank mergers.
Something off on this page? Send us feedback.
Runs consumer and commercial banking, mortgage, private banking, and wealth and trust services across nine western states, plus equipment leasing through its FinPac subsidiary. The franchise formed through a 2023 merger of equals with Umpqua and a 2025 acquisition of Pacific Premier, now unified under a single Columbia Bank brand.
Delivers consumer and commercial banking across the western United States, pairing deposits and lending with mortgage, private banking, wealth management, and trust services, plus equipment leasing through its FinPac subsidiary.
Branches span nine western states from Washington to Texas, concentrated in the Pacific Northwest with growing footholds in California and the Southwest, all run through a single reportable segment rather than separate divisions.
The franchise formed through a 2023 merger of equals between Columbia and Umpqua, which traded briefly as Umpqua Bank, then grew with a 2025 acquisition of Pacific Premier Bancorp before every acquired brand was folded into one Columbia Bank identity.
As an Oregon state-chartered commercial bank, it operates under FDIC supervision at the bank level and Federal Reserve oversight at the holding-company level, with a loan book concentrated in western-US commercial and consumer real estate.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 1, 2026 | DA Davidson | Upgrade | Target: $32.50 | Target: $36 |
| Aug 10, 2026 | Wells Fargo | Reiterate | Rating: —Target: $32 | Target: $34 |
| Jul 24, 2026 | RBC Capital | Reiterate | Rating: —Target: $32 | Target: $35 |
| Jul 24, 2026 | Barclays | Reiterate | Rating: —Target: $30 | Target: $31 |
| Jul 6, 2026 | Wells Fargo | Reiterate | Rating: —Target: — | Target: $32 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $648.0M · Total debt $4.88B · Total assets $65.38B · Shareholders' equity $7.55B
- Revenue
- $946.0M
- Operating income
- $275.0M
- Net income
- $208.0M
HistoryDividendAnnual yield
| Institutions | 99.10% | 280.35M shares | |
|---|---|---|---|
| 562 holders · as of Jun 30, 2026 | |||
| Insiders | 0.57% | 1.61M shares | |
| 29 holders · as of Sep 8, 2026 | |||
| Strategic holders | 0.00% | 10.9K shares | |
| 1 holder · as of Dec 1, 2025 | |||
| Other | 0.33% | 927.0K shares | |
| remainder | |||
282.90M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.71% | 27.47M | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 5.53% | 15.63M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.92% | 13.91M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.83% | 13.68M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.62% | 13.07M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 30, 2026 | Aaron James Deer | officer: EVP Chief Strategy/Innov Offcr | +886 | $25.37 |
| Jun 8, 2026 | Devine David Moore | officer: EVP Chief Marketing Officer | −3,872 | $29.77 |
| Mar 13, 2026 | Kumi Yamamoto Baruffi | officer: EVP General Counsel, Corp Sec | −937 | $26.23 |
| Mar 13, 2026 | Brock Lakely | officer: EVP, Chief Accounting Officer | −211 | $26.23 |
| Mar 4, 2026 | Torran B. Nixon | officer: Senior Executive VP | −2,240 | $28.85 |
- Zions Bancorporation
Broadest western footprint overlap, competing under distinct local bank brands
- Western Alliance
Arizona-Nevada-Southern California commercial banking rival at similar scale
- East West Bancorp
Direct Southern California deposit-share rival with a China banking license
- Banc of California
Largest independent LA-headquartered bank contesting the same SoCal franchise
- Glacier Bancorp
Multi-brand Mountain West holding company overlapping seven Columbia states
- Banner
Pacific Northwest heartland rival with matching WA/OR/CA/ID footprint
- First Interstate BancSystem
Rocky Mountain community bank overlapping Idaho, Oregon, Washington, Colorado
- Heritage Financial
Small Puget Sound community bank overlapping Columbia's WA/OR home turf
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Columbia Banking System | $29.23 | −0.39% | $8.30B | 11.7 | 9.3 | 2.3 | +33.1% |
| Zions Bancorporation | $63.54 | −0.18% | $9.29B | 8.1 | 9.7 | 1.8 | +4.8% |
| Western Alliance | $77.41 | −0.44% | $8.49B | 8.7 | 7.5 | 1.7 | +17.7% |
| East West Bancorp | $125.88 | +0.27% | $17.20B | 12.1 | 11.5 | 3.6 | +12.5% |
| Banc of California | $17.99 | −0.64% | $2.78B | — | 9.4 | 1.6 | +4.7% |
| Glacier Bancorp | $44.33 | +0.38% | $5.75B | 17.9 | 13.2 | 3.7 | +36.8% |
| Banner | $68.60 | −0.41% | $2.34B | 11.4 | 11.3 | 3.5 | +6.1% |
| First Interstate BancSystem | $36.36 | −0.49% | $3.55B | 11.2 | 13.1 | 3.7 | +6.3% |
| Heritage Financial | $28.10 | −0.43% | $1.16B | 13.4 | 12.1 | 3.5 | +48.9% |
| Median | 11.4 | 11.4 | 3.5 | +9.4% |