Columbia Banking System Reports Q3 NII of $615M, NIM of 4.11%
The company authorized up to $1.2 billion in new share repurchases after completing a prior plan. It also issued $250 million in subordinated notes to help redeem about $240 million of junior subordinated debentures.
Columbia Banking System reported Q3 2026 net interest income of $615M and a net interest margin of 4.11%. The company also authorized up to $1.2B in additional share repurchases after completing its previous plan. It issued $250M in subordinated notes to help redeem about $240M in junior subordinated debentures.