Columbia Banking System Inc (NAS:COLB)
$ 20.32 0.26 (1.3%) Market Cap: 4.25 Bil Enterprise Value: 6.51 Bil PE Ratio: 8.72 PB Ratio: 0.86 GF Score: 38/100
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Q3 2021 Columbia Banking System Inc Earnings Call Transcript

Oct 28, 2021 / 05:00PM GMT
Operator

Welcome to Columbia Banking System's Third Quarter 2021 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the call over to your host, Clint Stein, President and Chief Executive Officer of Columbia Banking System.

Clint E. Stein
Columbia Banking System, Inc. - CEO, President & Director

Thank you, Norma. Welcome, and good morning, everyone, and thank you for joining us on today's call as we review our third quarter results. which we've released before the market open this morning. The earnings release and accompanying investor presentation are available at columbiabank.com.

Before we begin, I want to welcome the nearly 200 new Columbia Bank employees who joined us from Bank of Commerce Holdings on October 1. I've spent a lot of time over the past few months getting to know the California team, and I'm excited about their contribution to the future growth of our company.

Today, we reported third quarter net income of $53 million or $0.74 per share. The

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