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Columbia Banking System, Inc. (COLB)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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29.19+1.58 (+5.72%)
At close: 04:00PM EDT
29.10 -0.09 (-0.31%)
After hours: 06:15PM EDT
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Columbia Banking System, Inc.

1301 A Street
PO Box 2156
Tacoma, WA 98402-2156
United States
253 305 1900
https://www.columbiabank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees2,260

Key Executives

NameTitlePayExercisedYear Born
Mr. Clint E. SteinCEO, Pres & Director2.03MN/A1972
Mr. Aaron James DeerExec. VP & CFO737.59kN/A1969
Mr. Christopher M. MerrywellCOO & Exec. VP936.16kN/A1966
Mr. Eric J. EidExec. VP and Chief Digital & Technology Officer659.72kN/A1957
Mr. Andrew L. McDonaldExec. VP & Chief Credit Officer714.55kN/A1960
Mr. Brock M. LakelySr. VP & Chief Accounting OfficerN/AN/AN/A
Jason HesterSr. VP and Chief Innovation & Information OfficerN/AN/AN/A
Amy L. N. BettsHead of Investor RelationsN/AN/AN/A
Ms. Kumi Yamamoto BaruffiExec. VP, Gen. Counsel & Corp. Sec.N/AN/A1971
Mr. David Moore DevineExec. VP and Chief Marketing & Experience OfficerN/AN/A1978
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Columbia Banking System, Inc. operates as the bank holding company for Columbia State Bank that provides a range of banking services to small and medium-sized businesses, professionals, and individuals in the United States. It offers personal banking products and services, including noninterest and interest-bearing checking, savings, money market, and certificate of deposit accounts; home mortgages for purchases and refinances, home equity loans and lines of credit, and other personal loans; debit and credit cards; and digital banking services. The company also provides business banking products and services, such as checking, savings, interest-bearing money market, and certificate of deposit accounts; agricultural, asset-based, builder, and other commercial real estate loans, as well as loans guaranteed by the small business administration; and professional banking, treasury management, merchant card, and international banking services. In addition, it offers wealth management solutions that include financial planning services, such as asset allocation, net worth analysis, estate planning and preservation, education funding, and wealth transfer; long-term care, and life and disability insurance solutions; individual retirement solutions comprising retirement planning, retirement income strategies, and traditional and Roth individual retirement accounts; and business solutions, which comprise business retirement plans, key person insurance, business succession planning, and deferred compensation plans to individuals, families, and professional businesses. Further, the company provides fiduciary, investment, and administrative trust services, such as personal and special needs trusts, estate settlement, and investment agency and charitable management. It operates a network of 153 branch locations, including 68 in the state of Washington, 59 in Oregon, 15 in Idaho, and 11 in California. The company was founded in 1993 and is headquartered in Tacoma, Washington.

Corporate Governance

Columbia Banking System, Inc.’s ISS Governance QualityScore as of May 1, 2022 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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