trending Market Intelligence /marketintelligence/en/news-insights/trending/Cmh4FPcBQLPB-99o3GXsAA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Columbia Banking System profit rises YOY in Q3; net interest margin slips

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Columbia Banking System profit rises YOY in Q3; net interest margin slips

Tacoma, Wash.-based Columbia Banking System Inc. reported third-quarter net income of $50.7 million, or 70 cents per share, up from $46.4 million, or 63 cents per share, in the year-ago period.

The S&P Global Market Intelligence consensus GAAP EPS estimate for the second quarter was 59 cents.

Net interest margin on a tax-equivalent basis for the third quarter was 4.14%, down from 4.40% in the previous quarter and 4.37% in the year-ago period.

Net interest income for the quarter was $122.5 million, slipping from $122.8 million in the same period last year. Noninterest income rose to $28.0 million from $21.0 million in the year-ago period.

Provision for loan and lease losses for the third quarter fell year over year to $299,000 from $3.2 million.

Net total loans for the quarter stood at $8.67 billion, up from $8.57 billion in the previous quarter and $8.43 billion in the year-ago quarter.

Total deposits as of Sept. 30 stood at $10.86 billion, up from $10.21 billion as of June 30 and $10.60 billion a year ago.