Columbia Banking System, Inc. reported second quarter 2026 net income of $208 million, or $0.73 per diluted share, compared to $192 million in the first quarter of 2026. Net interest income was $589 million, a slight decrease from $594 million in Q1 2026, impacted by $4 million in interest income reversals. Non-interest expense fell to $375 million from $394 million in the prior quarter due to lower merger expenses and cost savings from the Pacific Premier acquisition. The company repurchased 6.6 million common shares, representing 2.3% of outstanding shares, during the quarter. Total assets were $65.4 billion as of June 30, 2026. Columbia Banking System, Inc. is a financial services company providing retail and commercial banking services.
