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CFO Ronald Farnsworth detailed the financial metrics of the acquisition, including a fixed exchange ratio of 0.915 Columbia shares per Pacific Premier share. Pacific Premier shareholders will own 30% ...
Columbia is the parent company of Umpqua Bank. The two announced their own merger in 2021 and completed in 2023. Wednesday’s ...
The Tacoma, Washington-based lender’s Umpqua retail network will change its name to Columbia Bank later this year as part of ...
Columbia Banking System has agreed to acquire Pacific Premier Bancorp in an all-stock deal valued at around $2bn. The merged ...
The acquisition accelerates the bank's reach in southern California and will give the combined bank about $70 billion in assets.
Umpqua Bank later this year will change its name to Columbia Bank. Tacoma-based Columbia Bank acquired Umpqua Bank in 2023, ...
Columbia Banking System (COLB) and Pacific Premier Bancorp (PPBI) jointly announced that they have entered into a definitive merger agreement, ...
Columbia Banking System (COLB) and Pacific Premier Bancorp (PPBI) jointly announced today that they have entered into a definitive merger ...