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Columbia Banking System Announces Merger with Pacific Premier

Story Highlights
  • Columbia Banking System will acquire Pacific Premier Bancorp in a $2 billion all-stock deal.
  • The merger will create a leading regional bank in the Western U.S. with $70 billion in assets.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Columbia Banking System ( (COLB) ) has provided an update.

On April 23, 2025, Columbia Banking System and Pacific Premier Bancorp announced a definitive merger agreement where Columbia will acquire Pacific Premier in an all-stock transaction valued at approximately $2 billion. This merger is set to create a leading regional bank in the Western U.S. with around $70 billion in assets, enhancing Columbia’s market presence and accelerating its expansion in Southern California. The merger promises strategic benefits such as increased market density, expanded product offerings, and improved financial performance, including mid-teens EPS accretion and top-quartile profitability metrics. The transaction, which requires no outside capital, is expected to close in the second half of 2025, pending customary approvals.

Spark’s Take on COLB Stock

According to Spark, TipRanks’ AI Analyst, COLB is a Neutral.

Columbia Banking System is well-positioned with strong revenue growth and a solid equity base, yet faces challenges with cash flow management and technical indicators suggesting a bearish trend. Valuation metrics are favorable, offering potential for value investors, while recent earnings and corporate events suggest mixed impacts. Monitoring cash reserves and market momentum will be key for future stock performance.

To see Spark’s full report on COLB stock, click here.

More about Columbia Banking System

Columbia Banking System, Inc., headquartered in Tacoma, Washington, is the parent company of Umpqua Bank, a prominent regional bank in the western U.S. with locations across several states including Arizona, California, and Oregon. Umpqua Bank offers a comprehensive range of services such as retail and commercial banking, Small Business Administration lending, and wealth management. Pacific Premier Bancorp, Inc., based in Irvine, California, is the parent company of Pacific Premier Bank, which serves small to middle-market businesses in the western U.S. with a focus on major metropolitan markets.

YTD Price Performance: -14.53%

Average Trading Volume: 1,591,428

Technical Sentiment Signal: Buy

Current Market Cap: $4.78B

Find detailed analytics on COLB stock on TipRanks’ Stock Analysis page.

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