NasdaqGS:COLBBanks
Higher Net Interest Income And Buybacks Could Be A Game Changer For Columbia Banking System (COLB)
Columbia Banking System, Inc. reported past second‑quarter 2026 results showing net interest income of US$589 million, net income of US$208 million, and total net charge‑offs of US$30 million, alongside an update on unaudited credit performance.
During the same period, the company also completed a substantial portion of its October 2025 share repurchase authorization, buying back 16,774,000 shares for about US$497.18 million, which meaningfully reduced its share count.
With this backdrop of...