Columbia Banking System expects net interest margin to cross 4% in Q2 while guiding $150M-$200M quarterly buybacks

businessinsider
2026.04.24 06:42

Columbia Banking System (COLB) anticipates its net interest margin to exceed 4% in Q2 2026, following a strong Q1 performance with earnings per share of $0.66. The company reported a 38% increase in loan origination volume, totaling $1.2 billion. They plan to continue share buybacks in the range of $150 million to $200 million per quarter. Noninterest revenues are expected to remain in the low to mid-$80 million range for Q2, with noninterest expenses projected between $335 million and $345 million. The bank aims to realize full cost savings from recent acquisitions by the end of Q2.