Columbia Banking: Q1 Earnings Snapshot

Columbia Banking System Inc., based in Tacoma, Washington, reported a first-quarter profit of $124.1 million, with earnings of 59 cents per share. Adjusted earnings were 65 cents per share, surpassing Wall Street expectations. The company's revenue was $734.6 million, falling short of forecasts at $473.7 million net of interest expense. This information was provided by Automated Insights using data from Zacks Investment Research.

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