Columbia Banking System, Inc. reported third quarter 2025 results highlighted by the completion of its strategic acquisition of Pacific Premier Bancorp, Inc. on August 31, 2025. This acquisition elevated Columbia to a top-10 deposit market share position in Southern California and completed its Western U.S. footprint. For the quarter, Columbia posted net income of $96 million and operating net income of $204 million. Diluted earnings per common share were $0.40, with operating earnings per share at $0.85. Net interest income increased by $59 million from the prior quarter, driven by a month of combined company operations and a favorable shift toward lower-cost funding sources. The company also announced a $700 million share repurchase authorization, underscoring confidence in its strategy and capital generation outlook. Integration efforts are progressing smoothly, with full systems integration expected in the first quarter of 2026.