Columbia Banking System Inc. and Pacific Premier Bancorp Secure Regulatory Approvals for Merger, Expected to Close by August 31, 2025
Columbia Banking System Inc. and Pacific Premier Bancorp have received all necessary regulatory approvals for their merger, expected to close by August 31, 2025. The approvals were granted by the Federal Reserve, FDIC, and Oregon's financial regulation department, following shareholder approvals on July 21, 2025. The all-stock merger, announced on April 23, 2025, aims to enhance market leadership in the West and provide long-term value to stakeholders.
Columbia Banking System Inc. and Pacific Premier Bancorp have announced the receipt of all necessary regulatory approvals for their upcoming merger. The approvals were granted by the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Oregon Department of Consumer and Business Services, Division of Financial Regulation. This follows the shareholder and stockholder approvals obtained on July 21, 2025. The merger, which is an all-stock transaction, was initially announced on April 23, 2025, and is anticipated to close on or around August 31, 2025. The collaboration aims to enhance market leadership across the West and deliver long-term value to customers, communities, and shareholders. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Columbia Banking System Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF45678) on August 06, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
