Columbia Banking System (NASDAQ:COLB) reported quarterly earnings of $0.71 per share which beat the analyst consensus estimate of $0.65 by 9.23 percent. This is a 61.36 percent increase over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $487.12 million which missed the analyst consensus estimate of $489.88 million by 0.56 percent. This is a 6.17 percent decrease over sales of $519.16 million the same period last year.
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