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Jun 30, 2023
Columbia Banking System Q2 2023 Earnings Report
Reported a net income of $133 million and operating earnings per share of $0.81.
Key Takeaways
Columbia Banking System reported second quarter 2023 results with a net income of $133 million, or $0.64 per common share, and operating net income of $169 million, or $0.81 per common share. The company's consolidated asset balances were $54 billion at quarter end, with loan balances of $37 billion and deposit balances of $41 billion. Estimated CET1 and total capital ratios were 9.1% and 11.1% at quarter end.
Net income of $133 million, or $0.64 per common share
Operating net income of $169 million, or $0.81 per common share
Consolidated asset balances of $54 billion at quarter end
Loan balances of $37 billion and deposit balances of $41 billion at quarter end