Columbia Banking System ( (COLB) ) just unveiled an update.
On March 31, 2025, Columbia Banking System, Inc. announced the completion of its integration with Umpqua Holdings Corporation, leading to the elimination of the Executive Chair position held by Cort O’Haver. Mr. O’Haver, who played a crucial role in the merger’s success, resigned from the board, and Maria Pope was appointed as the independent, non-executive Chair effective April 1, 2025. This transition marks a return to a traditional governance structure, positioning the company for future growth under the leadership of CEO Clint E. Stein and the newly appointed Chair, Maria Pope.
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 investment and wealth management. The bank is recognized for its personalized service and extensive resources, boasting over $50 billion in assets.
YTD Price Performance: -7.09%
Average Trading Volume: 1,489,699
Technical Sentiment Signal: Hold
Current Market Cap: $5.23B
Learn more about COLB stock on TipRanks’ Stock Analysis page.