Columbia Banking Reports Q4 Earnings Beat, Posts $215M Profit - COLB

Columbia Banking System Inc. (COLB) reported fourth-quarter net income of $215 million, or 72 cents per share, on Jan. 22, 2026, surpassing Wall Street expectations. Adjusted earnings, excluding one-time items, reached 82 cents per share. Revenue totaled $948 million, with net interest income of $717 million, both exceeding analyst forecasts. The average estimate from five analysts surveyed by Zacks Investment Research was 72 cents per share. For the full year, COLB earned $550 million, or $2.30 per share, on $2.3 billion in revenue.