Columbia Banking Q1 Earnings Beat

Columbia Banking System posted Q1 2026 adjusted EPS $0.72, beating consensus $0.69 by $0.03.
Revenue reached $677 million, essentially flat versus estimates but up 38% YoY from $491 million in Q1 2025.
Net interest income fell $33 million to $594 million, with net interest margin slipping to 3.96% (down 10 bps).
The bank repurchased $200 million of stock, declared a $0.37 dividend, and reported risk‑based capital 13.3% and CET1 11.5%.