Columbia Banking System, Inc. (COLB) Balance Sheet
COLB balance sheet, 2025
December 31, 2025 · U.S. dollars$67.22B assets = $59.38B liabilities + $7.84B equity
Both columns are drawn to the same scale: what COLB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
COLB financial health
Descriptive bands, not a rating. Fiscal 2025.
COLB balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $24.81B2016 | $67.22B2025 | +11.7%/yr | |
| Total liabilities | $20.90B2016 | $59.38B2025 | +12.3%/yr | |
| Shareholders’ equity | $3.92B2016 | $7.84B2025 | +8.0%/yr | |
| Cash & short-term investments | $4.15B2016 | $511.0M2025 | −20.8%/yr | |
| Total debt | $1.57B2016 | $4.01B2025 | +11.0%/yr | |
| Net cash (debt) | $2.58B2016 | −$3.50B2025 | −$6.1B | |
| Working capital | −$14.19B2016 | −$2.71B2025 | +$11.5B | |
| Book value per share | $17.732016 | $26.422025 | +4.5%/yr | |
| Debt / equity | 0.402016 | 0.512025 | +0.11 | |
| Shares outstanding | 220.9M2016 | 296.8M2025 | +3.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
COLB assets
COLB liabilities and equity
COLB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
COLB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $511.0M | $2.08B | $10.99B | $4.49B | $6.63B | $5.51B | $4.18B | $3.60B | $3.70B | $4.15B |
| Cash & equivalents | $511.0M | $1.87B | $2.16B | $1.29B | $2.76B | $2.57B | $1.36B | $622.6M | $634.3M | $1.45B |
| Short-term investments | $370.0M | $211.5M | $8.83B | $3.20B | $3.87B | $2.93B | $2.81B | $2.98B | $3.07B | $2.70B |
| Receivables | $232.0M | $1.66B | $1.73B | $1.71B | $1.58B | $1.57B | $1.56B | $1.41B | $1.25B | $1.02B |
| Inventory | $0 | $0 | −$1.23B | −$2.00B | −$881.1M | −$709.1M | −$295.1M | −$1.28B | −$1.13B | −$920.5M |
| Other current assets | $0 | $0 | $1.23B | $2.04B | $915.5M | $740.0M | $326.5M | $1.31B | $1.15B | $939.5M |
| Total current assets | $743.0M | $3.74B | $12.72B | $6.24B | $8.25B | $7.11B | $5.77B | $5.04B | $4.98B | $5.19B |
| Property, plant & equipment (net) | $422.0M | $459.9M | $454.8M | $254.6M | $253.5M | $283.0M | $312.2M | $227.4M | $269.2M | $303.9M |
| Goodwill & intangible assets | $2.19B | $1.62B | $1.74B | $1.01B | $955.6M | $109.0M | $1.92B | $1.98B | $1.97B | $1.97B |
| Long-term investments | $11.24B | $8.35B | $8.91B | $6.64B | $8.07B | $14.52B | $12.42B | $11.48B | $8.29B | $6.15B |
| Other non-current assets | $52.62B | $37.40B | $28.35B | $17.70B | $13.11B | $7.22B | $8.42B | $8.21B | $10.24B | $11.20B |
| Total assets | $67.22B | $51.58B | $52.17B | $31.85B | $30.64B | $29.24B | $28.85B | $26.94B | $25.74B | $24.81B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $27.07B | $18.01B | $13.87B | $10.68B | $10.46B | $10.53B | $8.06B |
| Short-term debt | $3.45B | $236.6M | $252.1M | $308.8M | $492.2M | $375.4M | $311.3M | $297.2M | $294.3M | $352.9M |
| Total current liabilities | $3.45B | $41.96B | $41.86B | $27.37B | $27.09B | $25.00B | $22.79B | $21.43B | $20.24B | $19.37B |
| Long-term debt | $3.63B | $3.54B | $4.37B | $20.3M | $20.3M | $35.1M | $35.3M | $35.5M | $43.9M | $6.5M |
| Lease obligations | — | $125.7M | $130.6M | $91.7M | $95.4M | $113.6M | $119.4M | — | — | — |
| Other long-term liabilities | $52.29B | $962.3M | $945.1M | $1.97B | $784.4M | $1.50B | $1.70B | $1.41B | $1.42B | $1.52B |
| Total liabilities | $59.38B | $46.46B | $47.18B | $29.37B | $27.89B | $26.53B | $24.53B | $22.88B | $21.73B | $20.90B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $8.10B | $5.82B | $5.80B | $3.45B | $3.44B | $3.51B | $3.51B | $3.51B | $3.52B | $3.52B |
| Retained earnings (deficit) | −$26.0M | −$237.3M | −$467.6M | −$543.8M | −$697.3M | −$932.8M | $770.4M | $602.5M | $477.1M | $422.8M |
| Treasury stock | — | — | — | −$70.8M | −$70.8M | −$70.8M | −$50.8M | — | $0 | $0 |
| Accumulated other comprehensive income | −$233.0M | −$462.0M | −$340.1M | −$426.9M | $1.8M | $122.7M | $29.5M | −$58.9M | −$25.0M | −$21.3M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $7.84B | $5.12B | $5.00B | $2.48B | $2.75B | $2.70B | $4.31B | $4.06B | $3.97B | $3.92B |
| Key figures | ||||||||||
| Total debt | $4.01B | $3.90B | $4.76B | $1.72B | $975.1M | $1.60B | $1.70B | $1.44B | $1.47B | $1.57B |
| Net cash (debt) | −$3.50B | −$1.82B | $6.23B | $2.77B | $5.66B | $3.90B | $2.48B | $2.16B | $2.23B | $2.58B |
| Working capital | −$2.71B | −$38.21B | −$29.14B | −$21.13B | −$18.84B | −$17.89B | −$17.02B | −$16.39B | −$15.27B | −$14.19B |
| Tangible book value | $5.65B | $3.50B | $3.25B | $1.47B | $1.79B | $2.60B | $2.39B | $2.08B | $2.00B | $1.95B |
| Book value per share | $26.42 | $24.45 | $25.50 | $11.41 | $12.52 | $12.28 | $19.55 | $18.38 | $17.97 | $17.73 |
| Shares outstanding | 296.8M | 209.3M | 195.9M | 217.4M | 219.6M | 220.2M | 220.7M | 220.7M | 220.8M | 220.9M |
| Current ratio | 0.22 | 0.09 | 0.30 | 0.23 | 0.30 | 0.28 | 0.25 | 0.24 | 0.25 | 0.27 |
| Quick ratio | 0.22 | 0.09 | 0.30 | 0.23 | 0.30 | 0.28 | 0.25 | 0.23 | 0.24 | 0.27 |
| Debt / equity | 0.51 | 0.76 | 0.95 | 0.69 | 0.35 | 0.59 | 0.39 | 0.35 | 0.37 | 0.40 |
| Equity / assets | 11.7% | 9.9% | 9.6% | 7.8% | 9.0% | 9.3% | 15.0% | 15.1% | 15.4% | 15.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $648.0M | $577.0M | $511.0M | $13.34B | $2.21B | $2.33B | $2.08B | $10.77B | $10.56B | $10.81B | $10.99B | $10.90B |
| Cash & equivalents | $648.0M | $577.0M | $511.0M | $2.33B | $1.94B | $2.06B | $1.87B | $2.10B | $2.06B | $2.20B | $2.16B | $2.40B |
| Short-term investments | $561.0M | $418.0M | $370.0M | $11.01B | $274.1M | $263.7M | $211.5M | $8.68B | $8.50B | $8.62B | $8.83B | $8.50B |
| Receivables | $226.0M | $231.0M | $232.0M | $1.61B | $1.64B | $1.64B | $1.66B | $1.67B | $1.70B | $1.71B | $1.73B | $1.73B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$3.76B | −$3.91B | −$3.89B | −$4.32B |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.76B | $3.91B | $3.89B | $4.32B |
| Total current assets | $648.0M | $577.0M | $743.0M | $14.95B | $3.85B | $3.97B | $3.74B | $12.44B | $12.26B | $12.52B | $12.72B | $12.63B |
| Property, plant & equipment (net) | $424.0M | $426.0M | $422.0M | $572.0M | $467.4M | $451.6M | $459.9M | $444.3M | $446.1M | $450.7M | $454.8M | $452.1M |
| Goodwill & intangible assets | $2.12B | $2.15B | $2.19B | $2.34B | $1.56B | $1.59B | $1.62B | $1.64B | $1.68B | $1.71B | $1.74B | $1.78B |
| Long-term investments | $11.27B | $11.06B | $11.24B | $11.14B | $8.75B | $8.32B | $8.35B | $8.76B | $8.58B | $8.70B | $8.91B | $8.58B |
| Other non-current assets | $50.92B | $51.81B | $52.62B | $38.49B | $37.27B | $37.18B | $37.40B | $28.62B | $29.07B | $28.85B | $28.35B | $28.54B |
| Total assets | $65.38B | $66.03B | $67.22B | $67.50B | $51.90B | $51.52B | $51.58B | $51.91B | $52.05B | $52.22B | $52.17B | $51.99B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | — | — | — | — | — | — | — | — | — | $41.62B |
| Short-term debt | $4.44B | $162.0M | $3.45B | $167.0M | $191.4M | $192.4M | $236.6M | $183.8M | $197.9M | $213.6M | $252.1M | $258.4M |
| Total current liabilities | $56.49B | $162.0M | $3.45B | $55.94B | $41.93B | $42.41B | $41.96B | $41.70B | $41.72B | $41.92B | $41.86B | $41.88B |
| Long-term debt | $4.69B | $3.83B | $3.63B | $2.74B | $3.78B | $2.98B | $3.54B | $4.07B | $4.32B | $4.32B | $4.37B | $4.42B |
| Lease obligations | — | — | — | $168.0M | $124.5M | $121.3M | $125.7M | $121.3M | $123.1M | $129.2M | $130.6M | $129.8M |
| Other long-term liabilities | $0 | $54.37B | $52.29B | $1.03B | $844.9M | $893.0M | $962.3M | $866.6M | $1.03B | $1.03B | $945.1M | $1.05B |
| Total liabilities | $57.83B | $58.36B | $59.38B | $59.71B | $46.56B | $46.28B | $46.46B | $46.63B | $47.07B | $47.27B | $47.18B | $47.36B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $7.70B | $7.90B | $8.10B | $8.19B | $5.83B | $5.82B | $5.82B | $5.81B | $5.81B | $5.80B | $5.80B | $5.80B |
| Retained earnings (deficit) | $160.0M | $59.0M | −$26.0M | −$131.0M | −$150.8M | −$227.0M | −$237.3M | −$304.5M | −$374.7M | −$418.9M | −$467.6M | −$485.6M |
| Accumulated other comprehensive income | −$310.0M | −$291.0M | −$233.0M | −$268.0M | −$333.8M | −$358.5M | −$462.0M | −$233.9M | −$455.7M | −$426.1M | −$340.1M | −$680.4M |
| Total shareholders' equity | $7.55B | $7.66B | $7.84B | $7.79B | $5.34B | $5.24B | $5.12B | $5.27B | $4.98B | $4.96B | $5.00B | $4.63B |
| Key figures | ||||||||||||
| Total debt | $4.88B | $3.99B | $4.01B | $3.07B | $4.10B | $3.29B | $3.90B | $4.37B | $4.64B | $4.66B | $4.76B | $4.81B |
| Net cash (debt) | −$4.23B | −$3.42B | −$3.50B | $10.27B | −$1.89B | −$964.2M | −$1.82B | $6.40B | $5.92B | $6.15B | $6.23B | $6.09B |
| Working capital | −$55.85B | $415.0M | −$2.71B | −$40.98B | −$38.08B | −$38.44B | −$38.21B | −$29.25B | −$29.46B | −$29.40B | −$29.14B | −$29.25B |
| Tangible book value | $5.44B | $5.51B | $5.65B | $5.45B | $3.78B | $3.65B | $3.50B | $3.63B | $3.30B | $3.25B | $3.25B | $2.85B |
| Book value per share | $26.36 | $26.23 | $26.42 | $32.60 | $25.44 | $24.94 | $24.45 | $25.18 | $23.81 | $23.72 | $23.93 | $22.20 |
| Shares outstanding | 286.5M | 292.2M | 296.8M | 238.9M | 210.0M | 210.0M | 209.3M | 209.5M | 209.0M | 209.0M | 208.7M | 208.6M |
| Current ratio | 0.01 | 3.56 | 0.22 | 0.27 | 0.09 | 0.09 | 0.09 | 0.30 | 0.29 | 0.30 | 0.30 | 0.30 |
| Quick ratio | 0.02 | 4.99 | 0.22 | 0.27 | 0.09 | 0.09 | 0.09 | 0.30 | 0.29 | 0.30 | 0.30 | 0.30 |
| Debt / equity | 0.65 | 0.52 | 0.51 | 0.39 | 0.77 | 0.63 | 0.76 | 0.83 | 0.93 | 0.94 | 0.95 | 1.04 |
| Equity / assets | 11.6% | 11.6% | 11.7% | 11.5% | 10.3% | 10.2% | 9.9% | 10.2% | 9.6% | 9.5% | 9.6% | 8.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
COLB financial position
At the end of fiscal 2025 (December 31, 2025), Columbia Banking System had total assets of $67.2 billion (up 30.3% from a year earlier), total liabilities of $59.4 billion and shareholders' equity of $7.8 billion. It held $511.0 million in cash and short-term investments against $4.0 billion of debt, net debt of $3.5 billion. Its current ratio was 0.22. In the latest quarter (ended June 30, 2026) total assets were $65.4 billion and equity $7.6 billion.
Related: COLB income statement, COLB cash flow statement, COLB key metrics. See the COLB stock overview for the latest quote and news.
COLB balance sheet FAQ
What are Columbia Banking System's total assets?
Columbia Banking System reported total assets of $67.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $51.6 billion a year earlier.
How much debt does Columbia Banking System have?
Columbia Banking System had $4.0 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.51.
How much cash does Columbia Banking System have?
Columbia Banking System held $511.0 million in cash and short-term investments at the end of fiscal 2025; with $4.0 billion of debt that is net debt of $3.5 billion.
What is Columbia Banking System's book value?
Columbia Banking System's shareholders' equity (book value) was $7.8 billion at the end of fiscal 2025, or $26.42 per share.
What is Columbia Banking System's current ratio?
Columbia Banking System had current assets of $743.0 million and current liabilities of $3.5 billion, a current ratio of 0.22 (current liabilities exceed current assets).
How much goodwill does Columbia Banking System have?
Columbia Banking System carried $2.2 billion of goodwill and intangible assets, 3.3% of total assets, at the end of fiscal 2025.