Columbia Banking System Announces Second Quarter 2018 Results and Quarterly Cash Dividend

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Columbia Banking System (COLB) Misses Q2 EPS by 7c

July 26, 2018 9:07 AM EDT

Columbia Banking System (NASDAQ: COLB) reported Q2 EPS of $0.57, $0.07 worse than the analyst estimate of $0.64.

Highlights

Record quarterly net income of $41.7 million; diluted earnings per share of $0.57, which included $0.03 per share negative impact from acquisition-related expensesNet interest margin of 4.29%, up 7 basis points from linked... More