Columbia Banking System to Release Q1 2024 Results

Columbia Banking System, Inc. has announced that it will release its first quarter 2024 financial results on Thursday, April 25, 2024, after the market closes. The company will then host a conference call for investors and analysts at 2:00 p.m. PT (5:00 p.m. ET) on the same day. During the call, management will discuss the financial results and provide an update on recent activities. There will also be a live question-and-answer session following the presentation.

Columbia Banking System, Inc. is the parent company of Umpqua Bank, which operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. The bank supports consumers and businesses through a full suite of services, including retail and commercial banking, small business administration lending, institutional and corporate banking, and equipment leasing.

As of now, Columbia Banking System, Inc. has over $50 billion in assets. Umpqua Bank combines the resources, sophistication, and expertise of a national bank with a commitment to delivering superior, personalized service. The bank also provides access to comprehensive investment and wealth management expertise, as well as healthcare and private banking through Columbia Wealth Advisors and Columbia Trust Company, a division of Umpqua Bank.

Investors and analysts are encouraged to register for the conference call to receive dial-in details and their unique PINs or register for the listen-only audiocast. It is recommended to join 10 minutes prior to the start time. Additionally, a replay of the conference call will be available through the company's investor relations page under the "News & Market Data-Event Calendar" section.

For further information, investors can contact Jacquelynne “Jacque” Bohlen at [email protected] or call (503) 727-4100.

This announcement comes as Columbia Banking System, Inc. continues to provide financial services across the western United States and looks to update shareholders and analysts on its recent financial performance and activities. The market has reacted to these announcements by moving the company's shares -2.0% to a price of $18.97. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.