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Columbia Banking System shares details from their earnings call for the third quarter of 2026.

ResultsRead the original at Benzinga
Good for COLB

Columbia Banking System grew relationship-based commercial loans and used customer deposits to rely less on wholesale funding, helping its interest margin reach 4.11%. The new $1.2 billion share repurchase program is only authorized so far, but the reported gains support a positive outlook.

COLB · Columbia Banking System

AI read · Good for COLB

The AI's read

Customer deposits are helping Columbia fund lending with less reliance on wholesale borrowing. That helped widen the gap between interest earned and paid. Its completed buyback also cut the share count, and the board approved another program. Those new purchases have not happened yet, but the reported progress supports a positive reading.

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