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Columbia Banking System acquires Pacific Premier

PUBLIC · COLBJan 26, 2026

Acquiring Company

Columbia Banking System

Acquired Company

Pacific Premier Bank

TacomaIrvineFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Columbia Banking System has successfully completed its acquisition of Pacific Premier, enhancing its presence in the Western U.S. This strategic move positions Columbia among the top 10 banks by deposit market share in Southern California. The deal is expected to strengthen Columbia's service offerings and competitive stance in high-growth markets.

Quick answer

Columbia Banking System is acquiring Pacific Premier Bank, announced January 25, 2026. Columbia Banking System is based in Tacoma, Washington, United States.

How much did Columbia Banking System pay for Pacific Premier Bank?
The deal value was not disclosed.
What does Columbia Banking System do?
Columbia Banking System, Inc. is the parent company of Umpqua Bank.
Where are Columbia Banking System and Pacific Premier Bank based?
Columbia Banking System is based in Tacoma, Washington, United States. Pacific Premier Bank is based in Irvine, California, United States.

Source: Fundz verified event record.

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Company Information

Company

Columbia Banking System

Location

Tacoma, Washington, United States

About

Columbia Banking System, Inc. is the parent company of Umpqua Bank. It operates as a regional bank serving various sectors and offers a wide array of financial services. The bank aims to strengthen its competitive position in the Western U.S. market. Columbia focuses on delivering high-quality, relationship-based banking products.

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Frequently asked

Who acquired Pacific Premier Bank?

Pacific Premier Bank was acquired by Columbia Banking System, based in Tacoma. The deal was reported on January 26, 2026. Columbia Banking System, Inc. is the parent company of Umpqua Bank. It operates as a regional bank serving various sectors and offers a wide array of financial services. Columbia Banking System is publicly traded (COLB) and operates in Financial Services.

When did Columbia Banking System acquire Pacific Premier Bank?

Columbia Banking System's acquisition of Pacific Premier Bank was reported on January 26, 2026. Columbia Banking System has successfully completed its acquisition of Pacific Premier, enhancing its presence in the Western U.S. This strategic move positions Columbia among the top 10 banks by deposit market share in Southern California. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pacific Premier Bank do?

Pacific Premier Bank, headquartered in Irvine, California, has been dedicated to serving and uplifting its communities since 1983. It is privately held, operating in Financial Services, and is based in Irvine.

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