$192 million
$209 million
$0.66
$0.72
Net income
Operating net income1
Earnings per common share - diluted
Operating earnings per common share - diluted1
CEO Commentary
"Our first quarter results reflect continued execution against the priorities we have previously outlined: delivering sustainable performance, strengthening our balance sheet, and returning excess capital to shareholders," said Clint Stein, Chair, CEO & President. "During the quarter, we increased capital returns, reflecting our confidence in earnings durability and ongoing capital generation. We also made further progress optimizing our balance sheet, as commercial loan growth and muted seasonal deposit trends contributed to the profitable remix of assets and liabilities, positioning Columbia for attractive returns over time. At the same time, our credit performance continues to benefit from disciplined underwriting and our diversified, relationship-based loan portfolio that is performing as designed. With these actions, we remain focused on delivering consistent, repeatable performance and creating long‑term value for our shareholders."
Clint Stein, Chair, CEO & President of Columbia Banking System, Inc.
1Q26 HIGHLIGHTS (COMPARED TO 4Q25)
Net Interest Income and NIM
• Net interest income decreased by $33 millionfrom the prior quarter, which included $17million of net interest income related to premium amortization on acquired time deposits and anaccelerated loan repayment that did not repeatin the current quarter. The remaining decreasereflects lower average interest-earning asset balances, partially offset by a more profitable balance sheet mix.
• Net interest margin was 3.96%, down 10 basispoints from the prior quarter, which included an11-basis point benefit related to premium amortization on acquired time deposits and an accelerated loan repayment, neither of which repeated in the current quarter.
Non-InterestIncome and Expense
• Non-interest income decreased by $7 million, due in part to lower swap, syndication, andinternational banking revenue following strong performance in the prior quarter, as well as an expected slow down in customer activity that istypical for the first quarter.
• Non-interest expense decreased by $18 million, due to lower merger expense and the realizationof acquisition-related cost savings.
Credit Quality
• Net charge-offs were 0.30% of average loansand leases (annualized), compared to 0.25% for the prior quarter.
• Provision expense was $28 million, compared to$23 million for the prior quarter.
• Non-performing assets to total assets ratio was0.40%, compared to 0.30% as of December 31, 2025.
Capital
• Estimated total risk-based capital ratio of 13.3% and estimated common equity tier 1 risk-basedcapital ratio of 11.5%.
• Declared a quarterly cash dividend of $0.37 percommon share on February 13, 2026, which was paid March 16, 2026.
• Repurchased $200 million of common stock under our current repurchase plan.
NotableItems
• Our first small business and retail campaign of 2026, which runs through April 30, 2026, has brought nearly $450 million in new deposits to the bank through mid-April and has also been successful in generating new SBA lending relationships.
1Q26 KEY FINANCIAL DATA
PERFORMANCE METRICS
1Q26
4Q25
1Q25
Return on average assets
1.18 %
1.27 %
0.68 %
Return on average common equity
10.00 %
10.92 %
6.73 %
Return on average tangible common equity1
13.88 %
15.24 %
9.45 %
Operating return on average assets1
1.28 %
1.44 %
1.10 %
Operating return on average common equity1
10.89 %
12.34 %
10.87 %
Operating return on average tangible common equity1
15.11 %
17.22 %
15.26 %
Net interest margin
3.96 %
4.06 %
3.60 %
Efficiency ratio
58.03 %
57.30 %
69.06 %
Operating efficiency ratio, as adjusted 1
53.68 %
51.39 %
55.11 %
INCOME STATEMENT
($ in millions, excl. per share data)
1Q26
4Q25
1Q25
Net interest income
$594
$627
$425
Provision for credit losses
$28
$23
$27
Non-interest income
$83
$90
$66
Non-interest expense
$394
$412
$340
Pre-provision net revenue1
$283
$305
$151
Operating pre-provision net revenue1
$306
$342
$211
Earnings per common share - diluted
$0.66
$0.72
$0.41
Operating earnings per common share - diluted1
$0.72
$0.82
$0.67
Dividends paid per share
$0.37
$0.37
$0.36
BALANCE SHEET
($ in millions, excl. per share data)
1Q26
4Q25
1Q25
Total assets
$66,027
$66,832
$51,519
Loans and leases
$47,697
$47,776
$37,616
Deposits
$53,489
$54,211
$42,218
Book value per common share
$26.47
$26.54
$24.93
Tangible book value per common share1
$19.03
$19.11
$17.86
Organizational UpdateColumbia Banking System, Inc. ("Columbia," the "Company," "we," or "our") closed its acquisition of Pacific Premier Bancorp, Inc. ("Pacific Premier") on August 31, 2025, and completed the systems conversion and nine branch consolidations during the first quarter of 2026. We continue to expect to realize all previously disclosed related cost savings by June 30, 2026.
Net Interest Income and Net Interest MarginNet interest income was $594 million for the first quarter of 2026, down $33 million from the prior quarter, which included $5 million in interest income related to an accelerated loan repayment and a $12 million reduction to interest expense related to the amortization of a premium related to Pacific Premier's time deposits, neither of which repeated in the current quarter. The remaining decrease in net interest income between periods largely reflects lower average interest-earning asset balances, partially offset by an improved mix of higher-yielding loans and investment securities.
Columbia's net interest margin was 3.96% for the first quarter of 2026, down 10 basis points from the fourth quarter of 2025. The fourth quarter's net interest margin included an 8-basis point benefit related to the amortization of a premium on acquired time deposits and a 3-basis point benefit related to an accelerated loan repayment. Net interest margin was otherwise consistent between periods, as lower yields on loans and cash following reductions to the federal funds rate during the fourth quarter were offset by lower deposit costs.
The cost of interest-bearing deposits decreased 4 basis points from the prior quarter to 2.04% for the first quarter of 2026, compared to 2.08% for the fourth quarter of 2025. During the fourth quarter, we recorded a $12 million benefit to interest expense related to the amortization of a premium on acquired time deposits, which favorably impacted the cost of interest-bearing deposits by 12 basis points. The decrease during the first quarter reflects our active management of deposit rates ahead of and following reductions to the federal funds rate, as well as a lower mix of higher-cost brokered deposits. The cost of interest-bearing deposits was 2.02% for the month of March and 1.98% as of March 31, 2026.
Columbia's cost of interest-bearing liabilities decreased 3 basis points from the prior quarter to 2.24% for the first quarter of 2026, compared to 2.27% for the fourth quarter of 2025. The previously discussed premium amortization favorably impacted the cost of interest-bearing liabilities for the fourth quarter of 2025 by 11 basis points. The cost of interest-bearing liabilities was 2.23% for the month of March and 2.19% as of March 31, 2026. Please refer to the Q1 2026 Earnings Presentation for additional net interest margin change details and interest rate sensitivity information.
Non-interest IncomeNon-interest income was $83 million for the first quarter of 2026, down $7 million from the prior quarter. Quarterly changes in fair value adjustments and mortgage servicing rights ("MSR") hedging activity, which reflect interest rate fluctuations during the quarter, collectively resulted in a net fair value gain of $2 million for the first quarter, unchanged from the fourth quarter, as detailed in our non-GAAP disclosures. Excluding these items, non-interest income was $81 million2 for the first quarter of 2026, down $7 million between periods, due to lower swap, syndication, and international banking revenue following strong performance in the prior quarter, as well as an expected slowdown in customer activity that is typical for the first quarter.
Non-interest ExpenseNon-interest expense was $394 million for the first quarter of 2026, down $18 million from the prior quarter, due to lower merger expense. Excluding merger and restructuring expense, exit and disposal costs, reversals of prior FDIC assessment expense, and other non-operating expense, as detailed in our non-GAAP disclosures, non-interest expense was $369 million2, down $4 million from the prior quarter, due to cost savings related to the Pacific Premier acquisition. Please refer to the Q1 2026 Earnings Presentation for additional expense details.
Balance SheetTotal consolidated assets were $66.0 billion as of March 31, 2026, compared to $66.8 billion as of December 31, 2025. The decrease reflects balance sheet optimization activity, which includes the reduction of excess cash. Cash and cash equivalents were $2.1 billion as of March 31, 2026, compared to $2.4 billion as of December 31, 2025. Including secured off-balance sheet lines of credit, total available liquidity was $27.1 billion as of March 31, 2026, representing 41% of total assets, 51% of total deposits, and 129% of uninsured deposits. Available-for-sale securities, which are held on balance sheet at fair value, were $10.9 billion as of March 31, 2026, compared to $11.1 billion as of December 31, 2025. The decrease is due to paydowns and a decrease in the fair value of the portfolio, partially offset by the purchase of $208 million of investment securities. Please refer to the Q1 2026 Earnings Presentation for additional details related to our investment securities portfolio and liquidity position.
Gross loans and leases were $47.7 billion as of March 31, 2026, compared to $47.8 billion as of December 31, 2025. The decrease reflects continued expected runoff in below-market-rate transactional loans. Commercial loans, inclusive of owner-occupied commercial real estate, increased by 6% on an annualized basis relative to December 31, 2025, partially offsetting contraction in other portfolios. "Our teams delivered a strong quarter, continuing to generate relationship-based commercial business while successfully supporting customers through a core systems conversion," commented Chris Merrywell, President of Columbia Bank. "Loan origination volume rose 38% from the prior-year quarter, driven by increased customer activity and the addition of bankers from Pacific Premier. Payoff activity also moderated following elevated levels in the latter part of 2025." Please refer to the Q1 2026 Earnings Presentation for additional details related to our loan portfolio, which include underwriting characteristics, the composition of our commercial portfolios, and disclosure related to transactional loans.
Total deposits were $53.5 billion as of March 31, 2026, compared to $54.2 billion as of December 31, 2025. The decrease reflects an intentional reduction in brokered deposits, which declined to $1.6 billion as of March 31, 2026, compared to $2.4 billion as of December 31, 2025. A $110 million increase in customer deposits and the deployment of excess cash contributed to our reduced reliance on wholesale funding sources. "Despite seasonal deposit pressure during the first quarter, our teams' focus on generating new business and strong quarter-end inflows supported growth in customer balances," stated Mr. Merrywell. "We remain focused on deepening customer relationships and strengthening our industry-leading core deposit franchise, while continuing to reduce brokered and non-relationship public deposits." We utilized borrowings, which were $3.4 billion as of March 31, 2026, compared to $3.2 billion as of December 31, 2025, to supplement funding needs. Please refer to the Q1 2026 Earnings Presentation for additional details related to deposit characteristics and flows.
Credit QualityThe allowance for credit losses ("ACL") was $478 million, or 1.00% of loans and leases, as of March 31, 2026, compared to $485 million, or 1.02% of loans and leases, as of December 31, 2025. The provision for credit losses was $28 million for the first quarter of 2026 and reflects loan portfolio runoff, credit migration trends, charge-off activity, and changes in the economic forecasts used in credit models.
Net charge-offs were 0.30% of average loans and leases (annualized) for the first quarter of 2026, compared to 0.25% for the fourth quarter of 2026. Net charge-offs in the FinPac portfolio were $14 million for the first quarter, unchanged from the fourth quarter. Net charge-offs excluding the FinPac portfolio were $21 million for the first quarter, compared to $16 million for the fourth quarter. Non-performing assets were $264 million, or 0.40% of total assets, as of March 31, 2026, compared to $200 million, or 0.30% of total assets, as of December 31, 2025. The increase in net charge-offs and non-performing assets between periods was driven by an agricultural industry relationship. Please refer to the Q1 2026 Earnings Presentation for additional details related to the allowance for credit losses and other credit trends.
CapitalColumbia's book value per common share was $26.47 as of March 31, 2026, compared to $26.54 as of December 31, 2025. During the first quarter, Columbia repurchased 6.5 million common shares under its current repurchase plan at an average price of $30.74. Book value also was impacted by the change in accumulated other comprehensive (loss) income ("AOCI") to $(291) million as of March 31, 2026, compared to $(233) million as of the prior quarter-end. The change in AOCI is due primarily to an increase in the tax-effected net unrealized loss on available-for-sale securities to $260 million as of March 31, 2026, compared to $199 million as of December 31, 2025. Tangible book value per common share3 was $19.03 as of March 31, 2026, compared to $19.11 as of December 31, 2025.
Columbia's estimated total risk-based capital ratio was 13.3% and its estimated common equity tier 1 risk-based capital ratio was 11.5% as of March 31, 2026, compared to 13.6% and 11.8%, respectively, as of December 31, 2025. Columbia remains above current "well-capitalized" regulatory minimums. The regulatory capital ratios as of March 31, 2026 are estimates, pending completion and filing of Columbia's regulatory reports.
Earnings Presentation and Conference Call InformationColumbia's Q1 2026 Earnings Presentation provides additional disclosure. A copy will be available on our investor relations page: www.columbiabankingsystem.com.
Columbia will host its first quarter 2026 earnings conference call on April 23, 2026 at 2:00 p.m. PT (5:00 p.m. ET). During the call, Columbia's management will provide an update on recent activities and discuss its first quarter 2026 financial results. Participants may join the audiocast or register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time.
Join the audiocast: https://edge.media-server.com/mmc/p/y2c5ea4c/Register for the call: https://register-conf.media-server.com/register/BI6f2e58fad341429a8b85e604aa895766Access the replay through Columbia's investor relations page: https://www.columbiabankingsystem.com/news-market-data/event-calendar/default.aspx
About Columbia Banking System, Inc.Columbia Banking System, Inc. (NASDAQ:COLB) is headquartered in Tacoma, Washington and is the parent company of Columbia Bank, an award-winning preeminent regional bank with offices in Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah, and Washington. Columbia Bank combines the resources, sophistication, and expertise of a national bank with a commitment to deliver superior, personalized service. The bank supports consumers and businesses through a full suite of services, including retail and commercial banking, Small Business Administration lending, institutional and corporate banking, and equipment leasing. Columbia Bank customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management. Learn more at www.columbiabankingsystem.com.
Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of the "Safe-Harbor" provisions of the Private Securities Litigation Reform Act of 1995, which management believes are a benefit to shareholders. These statements are necessarily subject to risk and uncertainty and actual results could differ materially due to various risk factors, including those set forth from time to time in our filings with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and we undertake no obligation to update any such statements. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "target," "projects," "outlook," "forecast," "will," "may," "could," "should," "can" and similar references to future periods. In this press release we make forward-looking statements about strategic and growth initiatives and the result of such activity. Risks and uncertainties that could cause results to differ from forward-looking statements we make include, without limitation: current and future economic and market conditions, including the effects of declines in housing and commercial real estate prices, high unemployment rates, renewed inflation and any recession or slowdown in economic growth particularly in the western United States; economic forecast variables that are either materially worse or better than end of quarter projections and deterioration in the economy that could result in increased loan and lease losses, especially those risks associated with concentrations in real estate related loans; risks related to our acquisition of Pacific Premier (the "Transaction"), including, among others, (i) diversion of management's attention from ongoing business operations and opportunities, (ii) cost savings and any revenue or expense synergies from the Transaction may not be fully realized or may take longer than anticipated to be realized, and (iii) deposit attrition, customer or employee loss, and/or revenue loss as a result of the Transaction; the impact of proposed or imposed tariffs by the U.S. government and retaliatory tariffs proposed or imposed by U.S. trading partners that could have an adverse impact on customers; our ability to effectively manage problem credits; the impact of bank failures or adverse developments at other banks on general investor sentiment regarding the liquidity and stability of banks; changes in interest rates that could significantly reduce net interest income and negatively affect asset yields and valuations and funding sources; changes in the scope and cost of FDIC insurance and other coverage; our ability to successfully implement efficiency and operational excellence initiatives; our ability to successfully develop and market new products and technology; changes in laws or regulations; potential adverse reactions or changes to business or employee relationships; the effect of geopolitical instability, including wars, conflicts and terrorist attacks; and natural disasters and other similar unexpected events outside of our control. We also caution that the amount and timing of any future common stock dividends or repurchases will depend on the earnings, cash requirements and financial condition of Columbia, market conditions, capital requirements, applicable law and regulations (including federal securities laws and federal banking and state regulations), and other factors deemed relevant by Columbia's Board of Directors.
_________________________
1 "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.
2 "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.
3 "Non-GAAP" financial measure. See GAAP to Non-GAAP Reconciliation for additional information.
TABLE INDEX
Page
Consolidated Statements of Income
8
Consolidated Balance Sheets
8
Financial Highlights
10
Loan & Lease Portfolio Balances and Mix
10
Deposit Portfolio Balances and Mix
12
Credit Quality - Non-performing Assets
13
Credit Quality - Allowance for Credit Losses
14
Consolidated Average Balance Sheets, Net Interest Income, and Yields/Rates
15
Residential Mortgage Banking Activity
16
GAAP to Non-GAAP Reconciliation
17
Columbia Banking System, Inc.
Consolidated Statements of Income
(Unaudited)
Quarter Ended
% Change
($ in millions, shares in thousands)
Mar 31, 2026
Dec 31, 2025
Sep 30, 2025
Jun 30, 2025
Mar 31, 2025
Seq.
Quarter
Year over Year
Interest income:
Loans and leases
$ 684
$ 722
$ 619
$ 564
$ 553
(5) %
24 %
Interest and dividends on investments:
Taxable
103
102
89
80
69
1 %
49 %
Exempt from federal income tax
12
12
8
7
7
— %
71 %
Dividends
3
3
4
3
3
— %
— %
Temporary investments and interest bearing deposits
14
19
20
16
16
(26) %
(13) %
Total interest income
816
858
740
670
648
(5) %
26 %
Interest expense:
Deposits
184
195
195
180
177
(6) %
4 %
Securities sold under agreement to repurchase and federal funds purchased
1
1
1
1
1
— %
— %
Borrowings
30
27
30
35
36
11 %
(17) %
Junior and other subordinated debentures
7
8
9
8
9
(13) %
(22) %
Total interest expense
222
231
235
224
223
(4) %
— %
Net interest income
594
627
505
446
425
(5) %
40 %
Provision for credit losses
28
23
70
30
27
22 %
4 %
Non-interest income:
Service charges on deposits
20
24
21
20
19
(17) %
5 %
Card-based fees
15
16
15
14
13
(6) %
15 %
Financial services and trust revenue
15
15
9
6
5
— %
200 %
Residential mortgage banking revenue, net
12
7
7
8
9
71 %
33 %
Gain on investment securities, net
—
2
2
—
2
(100) %
(100) %
Gain on loan and lease sales, net
1
1
—
—
—
— %
nm
(Loss) gain on loans held for investment, at fair value
(2)
—
4
—
7
nm
(129) %
BOLI income
9
9
6
5
5
— %
80 %
Other income
13
16
13
12
6
(19) %
117 %
Total non-interest income
83
90
77
65
66
(8) %
26 %
Non-interest expense:
Salaries and employee benefits
196
201
171
155
145
(2) %
35 %
Occupancy and equipment, net
66
67
54
47
48
(1) %
38 %
FDIC assessments
9
4
8
8
8
125 %
13 %
Intangible amortization
41
42
31
26
28
(2) %
46 %
Merger and restructuring expense
24
39
87
8
14
(38) %
71 %
Legal settlement
—
—
—
—
55
nm
(100) %
Other expenses
58
59
42
34
42
(2) %
38 %
Total non-interest expense
394
412
393
278
340
(4) %
16 %
Income before provision for income taxes
255
282
119
203
124
(10) %
106 %
Provision for income taxes
63
67
23
51
37
(6) %
70 %
Net income
$ 192
$ 215
$ 96
$ 152
$ 87
(11) %
121 %
Weighted average basic shares outstanding (inthousands)
290,933
295,376
237,838
209,125
208,800
(2) %
39 %
Weighted average diluted shares outstanding (in thousands)
292,160
296,760
238,925
209,975
210,023
(2) %
39 %
Earnings per common share, basic
$ 0.66
$ 0.72
$ 0.40
$ 0.73
$ 0.41
(8) %
61 %
Earnings per common share, diluted
$ 0.66
$ 0.72
$ 0.40
$ 0.73
$ 0.41
(8) %
61 %
nm = Percentage changes greater than +/-500% are considered not meaningful and are presented as "nm."
Columbia Banking System, Inc.
Consolidated Balance Sheets
(Unaudited)
% Change
($ in millions, shares in thousands)
Mar 31, 2026
Dec 31, 2025
Sep 30, 2025
Jun 30, 2025
Mar 31, 2025
Seq.
Quarter
Year over Year
Assets:
Cash and due from banks
$ 577
$ 511
$ 535
$ 608
$ 591
13 %
(2) %
Interest-bearing cash and temporary investments
1,522
1,869
1,808
1,334
1,481
(19) %
3 %
Investment securities:
Equity and other, at fair value
124
113
112
93
92
10 %
35 %
Available for sale, at fair value
10,915
11,112
11,013
8,653
8,229
(2) %
33 %
Held to maturity, at amortized cost
18
18
18
2
2
— %
nm
Loans held for sale
81
262
340
66
65
(69) %
25 %
Loans and leases
47,697
47,776
48,462
37,637
37,616
— %
27 %
Allowance for credit losses on loans andleases
(459)
(466)
(473)
(421)
(421)
(2) %
9 %
Net loans and leases
47,238
47,310
47,989
37,216
37,195
— %
27 %
Restricted equity securities
168
159
119
161
125
6 %
34 %
Premises and equipment, net
426
422
416
357
345
1 %
23 %
Goodwill
1,482
1,482
1,481
1,029
1,029
— %
44 %
Other intangible assets, net
671
712
754
430
456
(6) %
47 %
Bank-owned life insurance
1,222
1,218
1,199
705
701
— %
74 %
Other assets
1,583
1,644
1,712
1,247
1,208
(4) %
31 %
Total assets
$ 66,027
$ 66,832
$ 67,496
$ 51,901
$ 51,519
(1) %
28 %
Liabilities:
Deposits
Non-interest-bearing
$ 17,635
$ 17,419
$ 17,810
$ 13,220
$ 13,414
1 %
31 %
Interest-bearing
35,854
36,792
37,961
28,523
28,804
(3) %
24 %
Total deposits
53,489
54,211
55,771
41,743
42,218
(1) %
27 %
Securities sold under agreements torepurchase
162
207
167
191
192
(22) %
(16) %
Borrowings
3,400
3,200
2,300
3,350
2,550
6 %
33 %
Junior subordinated debentures, at fair value
333
338
331
323
321
(1) %
4 %
Junior and other subordinated debentures,at amortized cost
97
97
107
108
108
— %
(10) %
Other liabilities
882
939
1,030
844
892
(6) %
(1) %
Total liabilities
58,363
58,992
59,706
46,559
46,281
(1) %
26 %
Shareholders' equity:
Common stock
7,896
8,099
8,189
5,826
5,823
(3) %
36 %
Retained earnings (accumulated deficit)
59
(26)
(131)
(151)
(227)
nm
nm
Accumulated other comprehensive loss
(291)
(233)
(268)
(333)
(358)
25 %
(19) %
Total shareholders' equity
7,664
7,840
7,790
5,342
5,238
(2) %
46 %
Total liabilities and shareholders' equity
$ 66,027
$ 66,832
$ 67,496
$ 51,901
$ 51,519
(1) %
28 %
Common shares outstanding at period end (in thousands)
289,530
295,422
299,147
210,213
210,112
(2) %
38 %
nm = Percentage changes greater than +/-500% are considered not meaningful and are presented as "nm."
Columbia Banking System, Inc.
Financial Highlights
(Unaudited)
Quarter Ended
% Change
Mar 31, 2026
Dec 31, 2025
Sep 30,2025
Jun 30, 2025
Mar 31, 2025
Seq. Quarter
Yearover Year
Per Common Share Data:
Dividends
$ 0.37
$ 0.37
$ 0.36
$ 0.36
$ 0.36
— %
3 %
Book value
$ 26.47
$ 26.54
$ 26.04
$ 25.41
$ 24.93
— %
6 %
Tangible book value (1)
$ 19.03
$ 19.11
$ 18.57
$ 18.47
$ 17.86
— %
7 %
Performance Ratios:
Efficiency ratio (2)
58.03 %
57.30 %
67.29 %
54.29 %
69.06 %
0.73
(11.03)
Non-interest expense to average assets (1)
2.41 %
2.44 %
2.74 %
2.16 %
2.68 %
(0.03)
(0.27)
Return on average assets ("ROAA")
1.18 %
1.27 %
0.67 %
1.19 %
0.68 %
(0.09)
0.50
Pre-provision net revenue ("PPNR") ROAA (1)
1.73 %
1.80 %
1.32 %
1.81 %
1.19 %
(0.07)
0.54
Return on average common equity
10.00 %
10.92 %
6.19 %
11.56 %
6.73 %
(0.92)
3.27
Return on average tangible common equity (1)
