Revenue: As of FY2025 Q4, the actual value is USD 717 M.EPS: As of FY2025 Q4, the actual value is USD 0.72, beating the estimate of USD 0.6599.EBIT: As of FY2025 Q4, the actual value is USD -345 M.<h3>Financial and Operational Metrics</h3><h4>Net Income</h4>For the fourth quarter of 2025, 哥伦比亚银行系统 (Columbia Banking System, Inc.) reported a net income of $215 million, marking a 124% sequential increase and a 50% year-over-year increase. Operating net income for the same period was $243 million, representing a 19% sequential increase and a 62% year-over-year increase . For the full year ended December 31, 2025, net income was $550 million, a 3% increase from $534 million in 2024, while operating net income reached $746 million, up 31% from $568 million in 2024 .<h4>Net Interest Income and Net Interest Margin</h4>Net interest income for the fourth quarter of 2025 was $627 million, an increase of $122 million from the prior quarter, driven by two additional months of combined operations and lower interest expense due to favorable funding mix trends . Sequentially, net interest income increased by 24% and year-over-year by 43% . The net interest margin (NIM) was 4.06% for the fourth quarter of 2025, up 22 basis points from the prior quarter . For the full year 2025, net interest income was $2,003 million, a 17% increase from $1,718 million in 2024 . The net interest margin for the full year 2025 was 3.83%, up 0.26 percentage points from 3.57% in 2024 .<h4>Non-Interest Income and Expense</h4>Non-interest income for the fourth quarter of 2025 was $90 million, an increase of $13 million from the prior quarter, and a 17% sequential increase . Excluding the impact of fair value and hedges, non-interest income increased by $16 million . Non-interest expense for the fourth quarter of 2025 was $412 million, up $19 million from the prior quarter, and a 5% sequential increase . Excluding certain non-operating expenses, non-interest expense was $373 million . For the full year 2025, total non-interest income was $298 million, up 41% from $211 million in 2024, and total non-interest expense was $1,423 million, up 29% from $1,104 million in 2024 .<h4>Credit Quality</h4>Provision for credit losses was $23 million for the fourth quarter of 2025, a decrease from $70 million in the prior quarter . Net charge-offs were 0.25% of average loans and leases (annualized) for the fourth quarter of 2025, compared to 0.22% for the prior quarter . Non-performing assets to total assets were 0.30% as of December 31, 2025, slightly up from 0.29% as of September 30, 2025 . The allowance for credit losses (ACL) was $485 million, or 1.02% of loans and leases, as of December 31, 2025 . For the full year 2025, provision for credit losses was $150 million, up 42% from $106 million in 2024 . Total net charge-offs for the full year 2025 were - $111 million, compared to - $129 million in 2024 . The ACL + Credit Discount / Total Loans and Leases was 1.32%, and Net Charge-Offs / Average Loans (Annualized) was 0.35% as of December 31, 2025 .<h4>Capital</h4>As of December 31, 2025, 哥伦比亚银行系统’s estimated total risk-based capital ratio was 13.6%, and its estimated common equity tier 1 risk-based capital ratio was 11.8% . The company declared a quarterly cash dividend of $0.37 per common share on November 14, 2025, paid on December 15, 2025 . 哥伦比亚银行系统 (Columbia Banking System, Inc.) repurchased $100 million of common stock during the quarter, specifically 3.7 million common shares at an average price of $27.07, with a remaining share repurchase authorization of $600 million as of December 31, 2025 . Book value per common share was $26.54 as of December 31, 2025, up from $26.04 as of September 30, 2025 . Tangible book value per common share was $19.11 as of December 31, 2025, up from $18.57 as of September 30, 2025 . Total Shareholders’ Equity was $7,840 million .<h4>Balance Sheet</h4>Total consolidated assets were $66.8 billion as of December 31, 2025, a decrease from $67.5 billion as of September 30, 2025 . Gross loans and leases totaled $47.8 billion as of December 31, 2025, down from $48.5 billion as of September 30, 2025 . Total deposits were $54.2 billion as of December 31, 2025, compared to $55.8 billion as of September 30, 2025 . Borrowings were $3.2 billion as of December 31, 2025, an increase from $2.3 billion as of September 30, 2025 . Total Available-for-Sale Securities were $11,112 million with a book yield of 3.99% and an effective duration of 5.2 .<h4>Operational Metrics</h4><ul><li>Return on Average Assets (ROAA): 1.27% for Q4 2025, up from 0.67% in Q3 2025. Operating ROAA was 1.44% for Q4 2025, up from 1.42% in Q3 2025 .</li><li>Return on Average Common Equity: 10.92% for Q4 2025, up from 6.19% in Q3 2025. Operating return on average common equity was 12.34% for Q4 2025, down from 13.15% in Q3 2025 .</li><li>Efficiency Ratio: 57.30% for Q4 2025, an improvement from 67.29% in Q3 2025. Operating efficiency ratio, as adjusted, was 51.39% for Q4 2025, an improvement from 52.32% in Q3 2025 .</li><li>Pre-provision Net Revenue (PPNR): $305 million for Q4 2025, up from $189 million in Q3 2025. Operating PPNR was $342 million for Q4 2025, up from $270 million in Q3 2025 . For the full year 2025, operating PPNR was $1,065 million, an increase of 22% compared to 2024 .</li><li>Loans and Leases: Commercial loans increased by 6% on an annualized basis relative to September 30, 2025. Loan origination volume increased 17% from the prior quarter, and full-year 2025 volume was up 22% compared to 2024 .</li><li>Deposits: 哥伦比亚银行系统 (Columbia Banking System, Inc.) generated $1.3 billion in new deposits from three successful small business and retail campaigns during 2025 . The cost of interest-bearing deposits decreased 35 basis points from the prior quarter to 2.08% for the fourth quarter of 2025 .</li><li>Unique Metrics: Treasury Management Income increased 19% compared to 2024, Commercial Card Income increased 8% compared to 2024, Financial Services and Trust Revenue increased 71% compared to 2024, and International Banking Revenue increased 44% compared to 2024 . Total available liquidity was $27,883 million, representing 42% of assets and 51% of deposits .</li></ul><h3>Outlook / Guidance</h3>哥伦比亚银行系统 (Columbia Banking System, Inc.) expects to complete systems conversion and branch consolidations during the first quarter of 2026, anticipating all related cost savings from the Pacific Premier acquisition by June 30, 2026. The company intends to continue returning excess capital to shareholders through its existing share repurchase authorization. A new deposit campaign is scheduled to begin in February .

Columbia Banking | 8-K: FY2025 Q4 Revenue: USD 717 M