Columbia Banking System Inc - Company Profile
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Columbia Banking System Inc (CBS) is a financial holding company. It provides a wide range of banking and financial services. The company's main activities include offering banking, private banking, mortgage, and other financial services to corporate, institutional, small business, and individual customers. Its major products and services encompass commercial lending, treasury management, deposit products, wealth management, residential real estate loans, and consumer loans. It serves a diverse customer base, including individuals, families, and businesses, across various industries. The company's products are delivered through traditional and digital channels, including a branch network, mobile banking applications, and its website. Columbia operates primarily in the western United States, with service areas in Oregon, Washington, California, Idaho, Nevada, Arizona, Colorado, and Utah. CBS is headquartered in Tacoma, Washington, the US.
Headquarters
United States of America
Address
1301 A Street, Tacoma, Washington, 98402
Telephone
1 253 3051900
No of Employees
6,005
Industry
Financial Services
Ticker Symbol & Exchange
COLB (NASD)
Revenue (2024)
$3.2B
8.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
3.1%
(2024 vs 2023)
Market Cap*
$8.6B
Net Profit Margin (2024)
XYZ
-4.9%
(2024 vs 2023)
* As of and is in US$
Columbia Banking System Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Personal Banking: | Digital Banking: |
| Checking Accounts | Online Banking |
| Savings Accounts | Bill Payment |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company acquired Pacific Premier Bancorp. |
| 2025 | Regulatory Approval | In July, the company and Pacific Premier Bancorp secured shareholder approvals for the acquisition of Pacific Premier. |
| 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. |
Competitor Comparison
| Key Parameters | Columbia Banking System Inc | Zions Bancorporation NA | First Interstate BancSystem Inc | WaFd Inc | Heritage Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Tacoma | Salt Lake City | Billings | Seattle | Olympia |
| State/Province | Washington | Utah | Montana | Washington | Washington |
| No. of Employees | 6,005 | 9,195 | 3,376 | 2,037 | 905 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Clint E. Stein | Chairman; Chief Executive Officer; President | Executive Board | 2026 | 54 |
| Ivan Seda | Chief Financial Officer | Senior Management | 2025 | - |
| Tom Rice | Chief Information Officer | Senior Management | 2025 | - |
| David Moore Devine | Executive Vice President; Chief Marketing Officer | Senior Management | 2024 | 48 |
| Drew K. Anderson | Chief Administrative Officer; Executive Vice President | Senior Management | 2024 | 40 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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