TACOMA, Wash. (AP) — TACOMA, Wash. (AP) — Columbia Banking System Inc. (COLB) on Thursday reported second-quarter profit of $152.4 million.
The Tacoma, Washington-based bank said it had earnings of 73 cents per share. Earnings, adjusted for non-recurring costs, came to 76 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.
The bank holding company posted revenue of $735.2 million in the period. Its revenue net of interest expense was $510.9 million, also beating Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COLB at https://www.zacks.com/ap/COLB
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
