Columbia Banking System Inc - Company Profile

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Columbia Banking System Inc: Overview

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Columbia Banking System Inc (CBS) is a bank holding company that offers a range of banking services. CBS provides deposit accounts such as checking and savings, money market, individual retirement, and certificate of deposits. The company offers loans for home mortgages, home equity, lines of credit, agricultural, asset-based, commercial real estate, small business administration, and other personal needs, and card products. It offers services such as wealth management, financial planning, trust and investment, private banking, professional banking, treasury management, insurance, merchant, payroll, digital banking, health care banking, and international banking. It operates in Nevada, Washington, Idaho, Arizona, California, Utah, Colorado, and Oregon. CBS is headquartered at Tacoma, Washington, the US.

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Headquarters United States of America
Address 1301 A Street, Tacoma, Washington, 98402-2156
Website www.columbiabankingsystem.com
Telephone 1 253 3051900
No of Employees 5,114
Industry Financial Services
Ticker Symbol & Exchange COLB (NASD)
Revenue (2022) $2.7B 267.9% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 39.4% (2022 vs 2021)
Market Cap* $3.7B
Net Profit Margin (2022) XYZ -62.1% (2022 vs 2021)
* As of and is in US$
View Columbia Banking System Inc financials
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Columbia Banking System Inc premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Columbia Banking System Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Columbia Banking System Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Personal Banking: Digital Banking: CBS
Checking Accounts Online Banking
Savings Accounts Bill Payment
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In March, the company completed merger with Umpqua Holdings Corporation, and combined holding entity is operating under the name, Columbia Banking System, Inc.
2022 Contracts/Agreements In November, the company entered into an agreement with First Northern Bank to sell three branches in Northern California.
2022 Contracts/Agreements In November, the company entered into an agreement to sell seven branches in Washington and Oregon to 1st Security Bank of Washington.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Columbia Banking System Inc WaFd Inc HomeStreet, Inc. Heritage Financial Corp Peoples Bancorp
Headquarters United States of America United States of America United States of America United States of America United States of America
City Tacoma Seattle Seattle Olympia Auburn
State/Province Washington Washington Washington Washington Indiana
No. of Employees 5,114 2,120 883 764 130
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Craig D. Eerkes Chairman Executive Board 2014 71
Cort L. O’Haver Chairman Executive Board 2017 61
Clint E. Stein Director; President; Chief Executive Officer Executive Board 2020 52
Ronald L. Farnsworth Jr. Chief Financial Officer; Executive Vice President Senior Management 2008 54
David Moore Devine Executive Vice President; Chief Marketing Officer Senior Management 2020 46
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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