Columbia Banking System, Inc. (COLB)

Columbia Banking System Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,278	2,320	2,114	1,050	890.52	951.44
Interest Income on Investments	415.06	434.88	425.71	97.76	71.53	61.19
Total Interest Income	2,693	2,755	2,539	1,148	962.04	1,013
Interest Paid on Deposits	753.85	802.81	461.65	48.2	27.15	100.2
Interest Paid on Borrowings	200.53	234.03	284.5	29.81	15.25	29.91
Total Interest Expense	954.38	1,037	746.16	78	42.4	130.11
Net Interest Income	1,739	1,718	1,793	1,070	919.65	882.52
Net Interest Income Growth (YoY)	-2.59%	-4.17%	67.58%	16.35%	4.21%	-4.14%
Mortgage Banking Activities	30.3	24.11	16.79	106.86	186.81	270.82
Gain (Loss) on Sale of Investments	2.98	-0.37	2.31	-7.1	-1.5	0.96
Other Non-Interest Income	62.76	61.47	59.62	7.34	77.1	64.49
Total Non-Interest Income	246.75	210.97	203.93	199.53	356.32	412.01
Non-Interest Income Growth (YoY)	20.61%	3.45%	2.21%	-44.00%	-13.52%	21.24%
Revenues Before Loan Losses	1,986	1,929	1,997	1,270	1,276	1,295
Provision for Loan Losses	113.82	105.92	213.2	84.02	-42.65	204.86
Revenue	1,872	1,823	1,784	1,186	1,319	1,090
Revenue Growth (YoY)	1.23%	2.22%	50.47%	-10.09%	21.01%	-8.27%
Salaries and Employee Benefits	562.58	568.4	598.03	431.47	469.91	469.99
Occupancy Expenses	156.18	151.27	148.9	110.13	109.85	120.43
Federal Deposit Insurance	33.62	41.58	71.4	13.96	9.24	12.52
Amortization of Goodwill & Intangibles	111.92	119.43	111.3	4.09	4.52	4.99
Selling, General & Administrative	143.29	134.05	137.95	106.37	106.35	107.27
Other Non-Interest Expense	66.31	66.25	73.47	51.57	45.4	45.96
Total Non-Interest Expense	1,074	1,081	1,141	717.59	745.27	761.15
EBT Excluding Unusual Items	798.07	742.46	642.86	467.93	573.34	328.52
Pretax Income	715.91	718.75	471.2	450.58	558.16	-1,456
Income Tax Expense	187.42	185.08	122.48	113.83	137.86	67
Net Income	528.48	533.68	348.72	336.75	420.3	-1,523
Net Income to Common	528.48	533.68	348.72	336.75	420.3	-1,523
Net Income Growth	11.59%	53.04%	3.55%	-19.88%	-	-
Basic Shares Outstanding	209	208	195	129	130	131
Diluted Shares Outstanding	210	209	196	130	131	131
Shares Change (YoY)	0.42%	6.88%	50.98%	-0.99%	-0.13%	-0.20%
EPS (Basic)	2.53	2.56	1.79	2.60	3.22	-11.61
EPS (Diluted)	2.52	2.55	1.78	2.60	3.21	-11.61
EPS Growth	10.98%	43.26%	-31.54%	-19.00%	-	-
Dividend Per Share	0.720	1.440	1.440	1.410	1.410	1.410
Dividend Growth	-50.00%	-	2.14%	-	-	-
Effective Tax Rate	26.18%	25.75%	25.99%	25.26%	24.70%	-

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q