Umpqua Bank parent company Columbia Bank announces latest acquisition, set to expand California interests

Umpqua Bank parent company Columbia Bank announces latest acquisition, set to expand California interests

TACOMA — Tacoma-based Columbia Banking System on Wednesday announced the planned acquisition of a California-based bank. Read more...

Columbia Banking to Buy Pacific Premier - Orange County Business Journal

Steven Gardner, a hockey-loving MBA dropout, in 2000 took over a small bank on the brink of failure that was for a long time considered an underdog.  He renamed it Pacific Premier Bank, moved it to Irvine, acquired other banks and built it to the biggest bank with headquarters in Orange County with more than $18 billion in assets. From 2001 to 2021, the bank’s stock became a mystical 50-bagger.  Last week, Gardner decided to sell the bank for $2…

Columbia Banking System to Acquire Pacific Premier Bancorp, Rebrand Umpqua Bank as Columbia Bank - The Registry

Natural Combination of the Western Region’s Leading Business Banks Builds Market Presence and Drives Financial Performance TACOMA, Wash. and IRVINE, Calif., April 23, 2025  — Columbia Banking System, Inc. (“Columbia”) (Nasdaq: COLB), the parent company of Umpqua Bank, and Pacific Premier Bancorp, Inc. (“Pacific Premier”) (Nasdaq: PPBI), the parent company of Pacific Premier Bank, National […] The post Columbia Banking System to Acquire Pacific P…

Columbia CEO: Latest merger will avoid snags of the last one

Columbia is counting on a smoother integration of its latest acquisition target, Pacific Premier in Southern California, than the longer-than-expected process that followed its deal to merge with Umpqua.