Columbia Banking System (COLB) financial statements
Columbia Banking System reported revenue of $177M in fiscal 2025, down 9.2% a year over 9 years.
Net income was $550M.
The diluted share count rose 318% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Columbia Banking System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $422M | $478M | $567M | $591M | $605M | $83M | $86M | $134M | $149M | $177M |
| Interest expense | $4M | $7M | $18M | $37M | $18M | $42M | $78M | $746M | — | — |
| Pre-tax income | $150M | $178M | $212M | $242M | $192M | $257M | $318M | — | — | — |
| Income tax | $45M | $65M | $39M | $47M | $38M | $138M | $114M | $122M | $185M | $178M |
| Net income | $105M | $113M | $173M | $194M | $154M | $420M | $337M | $349M | $534M | $550M |
| EPS (diluted) | $1.81 | $1.86 | $2.36 | $2.68 | $2.17 | $3.21 | $2.60 | $1.78 | $2.55 | $2.30 |
| Diluted shares | 57M | 60M | 72M | 72M | 71M | 131M | 130M | 196M | 209M | 239M |
| Net margin | 24.9% | 23.6% | 30.5% | 32.9% | 25.5% | 504.5% | 392.4% | 260.4% | 358.4% | 310.7% |
Balance sheet
Fiscal years, from Columbia Banking System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $224M | $343M | $278M | $248M | $654M | $825M | $1.3B | $2.2B | $1.9B | $2.4B |
| Property, plant and equipment | $150M | $169M | $169M | $165M | $162M | $172M | $176M | $339M | $349M | $422M |
| Goodwill | $383M | $766M | $766M | $766M | $766M | $823M | $0 | $1.0B | $1.0B | $1.5B |
| Total assets | $9.5B | $12.7B | $13.1B | $14.1B | $16.6B | $20.9B | $31.8B | $52.2B | $51.6B | $66.8B |
| Total liabilities | $8.3B | $10.8B | $11.1B | $11.9B | $14.2B | $18.4B | $29.4B | $47.2B | $46.5B | $59.0B |
| Shareholders' equity | $1.3B | $1.9B | $2.0B | $2.2B | $2.3B | $2.6B | $2.5B | $5.0B | $5.1B | $7.8B |
| Net debt | -$224M | -$343M | -$278M | -$248M | -$654M | -$825M | -$1.3B | -$2.2B | -$1.9B | -$2.4B |
Cash flow
Fiscal years, from Columbia Banking System's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $146M | $129M | $237M | $205M | $192M | $663M | $1.1B | $670M | $659M | $746M |
| Capital spending | $5M | $6M | $11M | $8M | $9M | $15M | $27M | — | — | — |
| Free cash flow | $141M | $122M | $226M | $196M | $184M | $647M | $1.0B | — | — | — |
| Stock-based compensation | $5M | $8M | $8M | $9M | $11M | $11M | $10M | $18M | $20M | $33M |
| Dividends paid | $89M | $51M | $83M | $102M | $96M | $184M | $182M | $270M | $300M | $335M |
| Share buybacks (net) | -$1M | $0 | $0 | -$51M | -$20M | -$81M | -$4M | -$6M | -$6M | -$109M |
| Net borrowing | — | — | — | — | — | $0 | $1.6B | $17.4B | $4.9B | $11.7B |
| Free cash flow margin | 33.5% | 25.5% | 39.8% | 33.2% | 30.4% | 776.9% | 1209.4% | — | — | — |
| Dividends per share | $1.55 | $0.86 | $1.15 | $1.41 | $1.35 | $1.40 | $1.40 | $1.38 | $1.43 | $1.40 |
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What was Columbia Banking System's revenue in 2025?
$177M in fiscal 2025, from its 10-K filing.
From Columbia Banking System's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.