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Columbia Banking reports Q4 EPS 88c, consensus 89c

EPS includes 5c per share reduction stemming from merger-related expenses. Reports net interest margin of 3.64%, an increase of 17 basis points from the linked quarter. Expects to close the merger with Umpqua Holdings after close of business on February 28, 2023, subject to the satisfaction of closing conditions.

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Published first on TheFly

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