| --- | --- | |-------------------|--------------------------------------------------------------------------------------------------------------------------------| | | GLOSSARY OF DEFINED TERMS | | ACL | Allowance for Credit Losses | | ACLLL | Allowance for Credit Losses on Loans and Leases | | ASU | Accounting Standards Update | | Bank | Umpqua Bank | | Basel III | Basel Capital Framework (third accord) | | BOLI | Bank Owned Life Insurance | | BTFP | Bank Term Funding Program | | CECL | Current Expected C ...

LAKE OSWEGO, Ore., May 2, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc. (Nasdaq: COLB), today announced it has been named to Global Finance's 31st annual World's Best Banks list. Umpqua was named the best U.S. regional bank in the Far West. New York-based Global Finance, a leading international corporate finance publication, each year ranks banks around the world based on a combination of factors including financial performance, balance sheet strength, breadth of products an ...

The company beat on the bottom line, but whiffed on revenue in its latest-reported quarter.Despite a mixed first quarter, investors gave the benefit of the doubt to Columbia Banking System (COLB 0.58%) on Friday. The Washington state-based company, arguably best known as the operator of the region's Umpqua Bank, managed to lift several of its more important metrics during the period. Its share price inched up by 0.6%, a rate slightly outpaced by the S&P 500 index's 1% rise.A miss on revenue, but a solid bea ...

财务数据和关键指标变化 - 公司报告了第一季度每股收益0.59美元,经营每股收益0.65美元,经营平均有形权益回报率为16%,经营PPNR为2.01亿美元 [16] - 贷款增长2亿美元,存款增长1亿美元,净利差为3.52% [17][18] - 信贷损失准备为1.7亿美元,主要是更新了商业CECL模型 [19][20][21][22] - 总GAAP费用为2.88亿美元,经营费用为2.77亿美元,归一化经营费用为2.86亿美元 [23] 各条业务线数据和关键指标变化 - 商业贷款和自用商业房地产贷款是本季度贷款增长的主要驱动因素 [41][42] - 公司正在重点关注存款业务,采取了一系列措施来控制存款成本,包括调整定价权限、降低活期存款和定期存款的优惠利率 [34][35][38] - 公司的SBA贷款规模约为6亿美元,主要集中在企业并购融资领域,这一领域在加息环境下容易受到不利影响 [111][112][113][114] 各个市场数据和关键指标变化 - 公司正在积极拓展科罗拉多、犹他和亚利桑那等西部地区市场,主要采取轻型零售网点和以商业银行为主的策略 [100][101][102][103][104][105] - 公司在西部市场的表现良好,这些新市场已经实现盈利 [104][105] 公司战略和发展方向及行业竞争 - 公司完成与Umpqua银行的合并一年后,正在进行一系列的组织优化和效率提升举措,包括裁员、简化管理层级和流程等 [7][8][9][10][11][12][13][14] - 公司希望通过这些举措提高自身的财务表现,重新成为行业前25%的银行 [14] - 公司未来将继续寻求提高运营效率和盈利能力的机会,同时也会适当投资于人才、产品和服务以推动长期价值增长 [13][14] 管理层对经营环境和未来前景的评论 - 管理层认为当前的宏观经济环境和利率环境给公司带来了一些挑战,但公司有足够的规模和抗风险能力来应对 [149][150] - 公司将继续专注于提高各项财务指标至行业前25%水平,包括收益率、费用率、存款组合等 [148][149][150] - 管理层对公司未来的盈利能力和发展前景保持乐观态度 [14] 问答环节重要的提问和回答 问题1 **David Feaster提问** 询问公司的成本节约举措以及未来费用的走势 [50][51][52] **Clint Stein、Ron Farnsworth回答** 详细解释了公司在第一季度和未来几个季度将实施的一系列成本优化措施,包括裁员、简化流程等,并预计到第四季度将完全体现出这些措施带来的费用节约 [53][54][55][56][57] 问题2 **Jared Shaw提问** 询问公司的资本水平是否为未来贷款增长提供了空间 [75][76][77][78][79][80][81][82] **Clint Stein、Tory Nixon回答** 解释目前贷款增长更多受市场需求影响,而非资本约束,公司未来将根据市场情况适度调整贷款组合结构 [76][77][78][79][80] 问题3 **Jeff Rulis提问** 询问公司对2024年贷款和存款增长的预期 [86][87][88][89][90][91][92][93] **Tory Nixon、Chris Merrywell、Ron Farnsworth回答** 预计2024年贷款和存款增长将保持在低单位数水平,存款增长受通胀和利率环境的影响较大,公司将继续关注存款成本管控 [87][88][89][92][93]

Columbia Banking (COLB) reported $473.72 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 10.3%. EPS of $0.65 for the same period compares to $0.46 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $478.44 million, representing a surprise of -0.99%. The company delivered an EPS surprise of +22.64%, with the consensus EPS estimate being $0.53.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings ...

nm = Percentage changes greater than +/-500% are considered not meaningful and are presented as "n/m." 0 CEO Commentary "Our first quarter results reflect early progress on our targeted actions to improve our financial performance and drive shareholder value," said Clint Stein, President and CEO. "Enterprise-wide evaluations and targeted changes resulted in tighter expense control and stabilizing deposit costs in the latter part of the quarter. We will continue to exercise prudent expense management, and we ...

LAKE OSWEGO, Ore., April 8, 2024 /PRNewswire/ -- Umpqua Bank, a subsidiary of Columbia Banking System Inc., (Nasdaq: COLB) has been named to Newsweek's list of Most Trustworthy Companies in America for the second year in a row, ranking ninth in the bank category for 2024. The award, presented and announced on March 27th by Newsweek and industry ranking provider Statista Inc., is based on a comprehensive evaluation of customer, investor and employee trust. "We strive every day to build a culture that support ...

TACOMA, Wash., April 1, 2024 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia"Nasdaq: COLB), parent company of Umpqua Bank, today announced it will release first quarter 2024 financial results on Thursday, April 25, 2024, after market close. The Company will host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) that same day. During the call, management will discuss Columbia's first quarter 2024 financial results and provide an update on recent activities. There will be a ...

分组1 - Columbia Banking System, Inc.总裁兼首席执行官Clint Stein将在Raymond James & Associates第45届年度机构投资者大会和RBC Capital Markets全球金融机构大会上发表演讲[1] - 可在公司投资者关系网站的“新闻与市场数据-事件日历”部分找到每个活动的音频广播和重播，可能包含前瞻性声明[2] 分组2 - Columbia总部位于华盛顿州塔科马市，是Umpqua Bank的母公司，于2023年3月将两家太平洋西北地区的金融机构合并，形成了总资产超过500亿美元的Umpqua Bank，提供全套服务[3] - 新闻发布中包含前瞻性声明，读者被鼓励阅读Columbia的SEC报告，特别是截至2022年12月31日的10-K表格，以了解管理层预期结果可能与实际结果有较大差异的原因[4]

Umpqua Bank首席整合官Eric Eid退休 - Umpqua Bank宣布首席整合官Eric Eid将于2024年4月1日退休[1] Eid在Columbia Bank的角色和贡献 - Eid在Columbia Bank的关键角色和贡献[2] Eid在Columbia Bank合并和技术系统转换中的作用 - Eid在引导Columbia Bank完成10次合并和技术系统转换中的重要作用[3] Eid领导的整合管理办公室成功完成Columbia Bank和Umpqua Bank的合并 - Eid领导的整合管理办公室成功完成了Columbia Bank和Umpqua Bank的合并[4]