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COLB| Name | Value |
|---|---|
| Revenues | 698.9M |
| Cost of Revenue | -66.2M |
| Gross Profit | 765.1M |
| Operating Expense | 496.4M |
| Operating I/L | 198.6M |
| Other Income/Expense | -2.4M |
| Interest Income | 696.2M |
| Pretax | 196.2M |
| Income Tax Expense | 50.1M |
| Net Income/Loss | 146.2M |
Columbia Banking System, Inc. operates as a bank holding company for Columbia State Bank, offering a wide range of banking services to individuals, small and medium-sized businesses. Its products include personal and business banking services, wealth management solutions, and fiduciary, investment, and administrative trust services. The company generates revenue through interest income from various loan products, including home mortgages, commercial real estate loans, and small business administration guaranteed loans. Additionally, it earns fees from treasury management, merchant card, and international banking services, as well as wealth management and trust services.
