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

Columbia Banking System (COLB) has 3 years of Restructuring Costs data on file, last reported at $2.4 million in Q3 2024.

• For the quarter ending Q3 2024, Restructuring Costs fell 87.52% year-over-year to $2.4 million; the trailing twelve-month figure through Sep 2024 stood at $28.7 million (down 83.73% YoY), and the FY2023 full-year result was $171.7 million, up 889.05% from the prior year.
• Restructuring Costs slipped to $2.4 million in Q3 2024, 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.
• A 3-year average of $19.1 million and a median of $7.2 million in 2023 frame the typical range for Restructuring Costs.
• Across the five-year window, Restructuring Costs surged 4987.71% in 2023 and sank 96.14% in 2024, its largest moves.
• Tracing COLB's Restructuring Costs over 3 years: stood at $11.6 million in 2022, then slumped by 38.35% to $7.2 million in 2023, then slumped by 67.05% to $2.4 million in 2024.
• Business Quant data shows COLB's Restructuring Costs at $2.4 million in Q3 2024, $14.6 million in Q2 2024, and $4.5 million in Q1 2024.