M&A Deal Summary

Columbia Bank Acquires Umpqua Bank

On March 1, 2023, Columbia Bank acquired financial services company Umpqua Bank

Acquisition Highlights
  • This is Columbia Bank’s 9th transaction in the Financial Services sector.
  • This is Columbia Bank’s 9th transaction in the United States.
  • This is Columbia Bank’s 5th transaction in Oregon.

M&A Deal Summary
Date 2023-03-01
Target Umpqua Bank
Sector Financial Services
Buyer(s) Columbia Bank
Deal Type Merger

Target

Umpqua Bank

Portland, Oregon, United States
Umpqua Holdings operates as the holding company for Umpqua Bank and Umpqua Investments, Inc. which provide commercial and retail banking, and brokerage services to corporate, institutional, and individual customers in the United States. Umpqua Bank was founded in 1953 and is based in Portland, Oregon.

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Buyer(S) 1

Buyer

Columbia Bank

Tacoma, Washington, United States
Category Company
Founded 1993
Sector Financial Services
Employees5,114
Revenue 2.0B USD (2023)
DESCRIPTION

Columbia Bank is a bank holding company whose wholly owned banking subsidiary is Columbia State Bank. Columbia State Bank provides a full range of banking services to small and medium-sized businesses, professionals and individuals throughout Washington, Oregon and Idaho. Columbia Bank was incorporated in 1993 and is based in Tacoma, Washington.

DEAL STATS #
Overall 9 of 9
Sector (Financial Services) 9 of 9
Type (Merger) 4 of 4
State (Oregon) 5 of 5
Country (United States) 9 of 9
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-07 Columbia Banking System - Seven Branches in Washington and Oregon

Newport, Oregon, United States

Columbia Banking System's Seven Branches in Washington and Oregon consists of 5 branches in Oregon, and 2 branches from Washington which provides banking solutions.

Sell -
Mergr

Product

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