Columbia Banking System (COLB) Restructuring Costs (2022 - 2024)

Columbia Banking System has disclosed Restructuring Costs across 3 years of filings, most recently posting $2.4 million for Q3 2024.

• Restructuring Costs for Q3 2024 came in at $2.4 million, down 87.52% year-over-year; the trailing twelve-month figure through Sep 2024 was $28.7 million (down 83.73% YoY), and the FY2023 annual result was $171.7 million, up 889.05% from the prior year.
• Restructuring Costs came in at $2.4 million for Q3 2024 at Columbia Banking System, down from $14.6 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $115.9 million in Q1 2023 to a low of $769000.0 in Q3 2022.
• The 3-year median for Restructuring Costs is $7.2 million (2023), against an average of $19.1 million.
• Across the five-year window, Restructuring Costs surged 4987.71% in 2023 and tumbled 96.14% in 2024, its largest moves.
• Columbia Banking System's Restructuring Costs stood at $11.6 million in 2022, then sank by 38.35% to $7.2 million in 2023, then sank by 67.05% to $2.4 million in 2024.
• The last three Restructuring Costs figures came in at $2.4 million (Q3 2024), $14.6 million (Q2 2024), and $4.5 million (Q1 2024), per Business Quant data.