Acquiring Company
Columbia Banking Systems
Acquired Company
Pacific Premier Bancorp
Description
Columbia Banking Systems has announced it is acquiring Pacific Premier Bancorp in a $2 billion stock transaction. This acquisition aims to create a regional banking powerhouse with significant assets. Following the merger, board member Chris Mitchell will join Columbia's board, enhancing its leadership. This deal signifies a noteworthy moment in the regional banking M&A landscape.
Quick answer
Columbia Banking Systems is acquiring Pacific Premier Bancorp for $2 billion, announced September 25, 2025. Columbia Banking Systems is based in Columbia, South Carolina, United States.
- How much did Columbia Banking Systems pay for Pacific Premier Bancorp?
- The reported deal value is $2 billion.
- What does Columbia Banking Systems do?
- Columbia Banking Systems is a significant player in the regional banking sector.
- Where are Columbia Banking Systems and Pacific Premier Bancorp based?
- Columbia Banking Systems is based in Columbia, South Carolina, United States. Pacific Premier Bancorp is based in Irvine, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Finance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Civista Bancshares merges with Farmers Savings Bank (November 6, 2025)
- First Mid Bancshares, Inc. to Acquire Two Rivers Financial Group, Inc. (October 30, 2025)
- Civista Bancshares to merge with Farmers Savings Bank (October 14, 2025)
- Citizens & Northern merges with Susquehanna (October 1, 2025)
- Jack Henry acquires Victor Technologies for PaaS (October 1, 2025)
- QNB Corp. to acquire The Victory Bancorp, Inc. (September 23, 2025)
Who to call at Columbia Banking Systems, and when
When Columbia Banking Systems changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Columbia Banking Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Columbia Banking Systems, from your own LinkedIn network
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Frequently asked
Who acquired Pacific Premier Bancorp?
Pacific Premier Bancorp was acquired by Columbia Banking Systems, based in Columbia. The deal was reported on September 26, 2025. Columbia Banking Systems is a significant player in the regional banking sector. The company has a robust asset base, totaling $70 billion. It aims to enhance its market position through strategic acquisitions. Columbia Banking Systems is privately held.
When did Columbia Banking Systems acquire Pacific Premier Bancorp?
Columbia Banking Systems's acquisition of Pacific Premier Bancorp was reported on September 26, 2025. Columbia Banking Systems has announced it is acquiring Pacific Premier Bancorp in a $2 billion stock transaction. This acquisition aims to create a regional banking powerhouse with significant assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pacific Premier Bancorp do?
Pacific Premier Bancorp, Inc. is the parent company of Pacific Premier Bank. It has built a strong banking franchise over two decades, emphasizing client relationships and specialized banking services. The firm operates in key markets across the Western U.S. It is privately held, operating in Financial Services, and is based in Irvine.
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