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Columbia Banking System (COLB) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Columbia Banking System (COLB) Q3 2026 earnings results →
Q3 2026 Revenue up 19% year over year to $695M · 32¢ of every $1 of revenue kept as net profit · operating margin 42.0%
Columbia Banking System made $695M in Q3 2026 (+19% Y/Y): Net interest income $615M, Noninterest income $80.0M. Operating margin 42.0%, net earnings $220M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $695.0M in Q3 2026, up 19% year over year and up 3% from the previous quarter. Net interest income was the largest line at 88% of revenue. Net interest income added $110.0M year over year (up 22%), 97% of the total change.
Operating profit was $292.0M, a 42.0% margin (up 21.6 points year over year). Of the extra revenue versus a year earlier, 153% reached operating profit, above the 20% margin then. Total costs fell 13% while revenue rose 19%. Net earnings were $220.0M, up 129% year over year. The effective tax rate was 24.7%.
Operating cash flow was $365.0M (up 55% year over year), 166% of net earnings. Non-cash charges added back $23.0M of depreciation and amortization and $10.0M of share-based compensation. Working capital and other items added $112.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $695M | +19% | 42.0% | $220M | $365M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Columbia Banking System
In this Annual Report on Form 10-K, we refer to Columbia Banking System, Inc. as the "Company," "Columbia," "we," "us," "our," or similar references. This Annual Report on Form 10-K contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. These statements may include statements that expressly or implicitly predict future results, performance, or events. Statements other than statements of historical fact are forward-looking statements. You can find many of these statements by looking for words such as "anticipates," "expects," "believes," "estimates," "intends," "forecast," and words or phrases of similar meaning.
In its own words, from its 10-K, filed Feb 26, 2026.
Columbia Banking System against its State Commercial Banks peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +19% against the peers' median +12%. Operating margin: 42.0% against the peers' median 34.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| COLB Columbia Banking System | Q3 2026 | $695M | +19% | 42.0% |
| BNY Bank of New York Mellon | Q3 2026 | $5.7B | +12% | 38.5% |
| STT State Street | Q3 2026 | $4.0B | +13% | 34.7% |
| FITB Fifth Third Bancorp | Q3 2026 | $3.3B | +42% | 33.8% |
| MTB M&T Bank | Q3 2026 | $2.5B | +0.9% | 39.7% |
| FCNCA First Citizens Bancshares | Q3 2026 | $2.4B | 0% | 33.1% |
| ALLY Ally Financial | Q3 2026 | $2.3B | +8% | 24.3% |
| CFG Citizens Financial Group | Q3 2026 | $2.3B | +10% | 34.6% |
| NTRS Northern Trust | Q3 2026 | $2.3B | +13% | 34.7% |
Source: Columbia Banking System 10-Q on SEC EDGAR · CIK 887343 · State Commercial Banks
Guidance and outlook
13F: who owns COLB and who is buying
More on COLB
- How Columbia Banking System makes money: revenue by segment
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- Who owns Columbia Banking System stock: holders, funds and Congress trades
- Columbia Banking System guidance and outlook
- Columbia Banking System recalls, complaints and regulation
History
Every quarter: Q3 2026 results