COLB Columbia Banking System (COLB) Q2 FY26 earnings call
Columbia Banking System delivered a disciplined Q2 FY26, exceeding cost synergy targets from the Pac Premier acquisition and returning significant capital to shareholders. The company continues to optimize its balance sheet by remixing its loan portfolio towards commercial loans and managing deposit costs, despite competitive pressures and elevated CRE payoffs. Management remains focused on internal efficiencies and relationship-based growth to enhance long-term profitability and shareholder value.
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COLB operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | This call Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Net interest margin | 3.96%Net interest margin was 3.96% for the first quarter, right at the top end of the range that I outlined in our last call.Source: earnings call transcript | 3.93%Net interest margin was 3.93% for the second quarter.Source: earnings call transcript | 4.11%Slide 13 outlines the contributors to sequential quarter change in net interest margin with NIM at 4.11% for the third quarter.Source: earnings call transcript | +0.2 pt |
| Return on tangible common equity (ROTCE) | 15%+Overall, we are very pleased with the financial results for the first quarter, driving a 1.3% ROAA and over 15% ROTCE.Source: earnings call transcript | 16%Overall, we are very pleased with the financial results for the quarter, driving over 1.3% in ROAA and 16% in ROTCE.Source: earnings call transcript | 17%+Overall, we're very pleased with the financial results for the quarter, generating an ROAA of 1.4% and an ROTCE of over 17%.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.