Key Takeaways COLB offers a 5.1% dividend yield and a $700M buyback plan, backed by strong capital levels.The Pacific Premier deal is set to deliver$127M in annual cost savings, $48M realized so far.COLB trades at 9.55X forward earnings, below peers and sector averages, despite improving fundamentals.Columbia Banking (COLB) has leaned into dividend income and share buybacks while it integrates Pacific Premier. The balance sheet and margin profile give management room to reward shareholders, with execution ...