Columbia Banking System Closes Pacific Premier Acquisition and Authorizes $700 Million Share Buyback
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Columbia Banking System, Inc. has completed its acquisition of Pacific Premier Bancorp, enhancing its market position in Southern California. For Q3 2025, the company reported a net income of $96 million and operating net income of $204 million, with diluted earnings per share at $0.40. Additionally, Columbia authorized a $700 million share buyback, reflecting confidence in its strategy. Integration efforts are on track for completion in Q1 2026.
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