Columbia Banking System, Inc. Aktie News

The Northwest regional banking conglomerate published its first-quarter results. Expense management made quite a difference to its results.

Columbia Banking System, Inc. (NASDAQ:COLB ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Clint Stein - President and Chief Executive Officer Ron Farnsworth - Chief Financial Officer Frank Namdar - Chief Credit Officer Tory Nixon - President, Umpqua Bank Chris Merrywell - President, Umpqua Bank Conference Call Participants David Feaster - Raymond James Jared S...

TACOMA, Wash. , April 25, 2024 /PRNewswire/ --  $0.59 $0.65 $23.68 $16.03 Earnings per diluted common share Operating earnings per diluted common share 1 Book value per common share Tangible book value per common share 1   CEO Commentary "Our first quarter results reflect early progress on our targeted actions to improve our financial performance and drive shareholder value," said Clint Stein, ...

LAKE OSWEGO, Ore., April 8, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc., (Nasdaq: COLB) has been named to Newsweek's list of Most Trustworthy Companies in America for the second year in a row, ranking ninth in the bank category for 2024.

TACOMA, Wash. , April 1, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close.

TACOMA, Wash. , Feb. 27, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB) President and CEO Clint Stein is scheduled to present at the Raymond James & Associates 45th Annual Institutional Investors Conference on Tuesday, March 5, 2024, at 9:15 a.m.

Retirement follows successful integration and systems conversion of Northwest's two premier banks LAKE OSWEGO, Ore. , Feb. 26, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced the retirement of Eric Eid, Chief Integration Officer, effective April 1, 2024.

Regional bank stocks zoomed higher in late 2023, in anticipation of interest rate cuts in 2024. So far this year, however, there have been more indications that the Federal Reserve's “higher for longer” stance on interest rates will persist.