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COLUMBIA BANKING SYSTEM, INC.

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 5, 2026

COLB$31.00+1.7%Stored close · as of Nov 9, 2026

What changed in Risk Factors?

Read the current filing

The baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.

Compared 12 previous paragraphs and 12 current paragraphs.

10 unchanged; 2 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.

Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.

A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.

Reworded paragraphs (2)

Previous wording

(1)Common shares repurchased by the Company during the three months ended June 30, 2026 included the cancellation of 91,075 shares that otherwise would have been issued upon vesting of restricted stock units and awards to satisfy withholding tax obligations.

Current wording

(1)Common shares repurchased by the Company during the three months ended September 30, 2026 included the cancellation of 61,626 shares that otherwise would have been issued upon vesting of restricted stock units and awards to satisfy withholding tax obligations.

Previous wording

(2)On October 29, 2025, Columbia's Board of Directors authorized a new share repurchase program for up to $700 million of the Company's common stock, The authorization is effective through November 30, 2026. During the three months ended June 30, 2026, the Company repurchased 6.6 million shares for an aggregate purchase price of $199 million under this program. As of June 30, 2026, $202 million remained available for future share repurchases under this program. The timing and amount of future repurchases will depend upon a number of factors, including the market price for the Company's common stock, applicable laws and regulations, asset growth, earnings, the Company's capital plan, and required bank and bank holding company regulatory approvals.

Current wording

(2)On October 29, 2025, Columbia's Board of Directors authorized a share repurchase program for up to $700 million of the Company's common stock. During the three months ended September 30, 2026, the Company repurchased 6.5 million shares for an aggregate purchase price of $199 million under this program. As of September 30, 2026, $3 million remained available for future share repurchases under this program. As of October 20, 2026, the Company approved a new share repurchase program, which authorizes the Company to repurchase up to $1.2 billion of common stock, with no expiration date. The Company does not intend to make additional share repurchases under the previous program, and future share repurchases, if any, will be made under the new program. The timing and amount of future repurchases will depend upon a number of factors, including the market price for the Company's common stock, applicable laws and regulations, asset growth, earnings, the Company's capital plan, and required bank and bank holding company regulatory approvals.