Cadence Bank Acquires New Position in Columbia Banking System, Inc.

The bank now owns approximately 0.16% of the financial services provider's stock.

Mar. 14, 2026 at 7:36am

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Cadence Bank acquired a new stake of 333,764 shares in Columbia Banking System, Inc. (NASDAQ:COLB) during the third quarter, according to a recent SEC filing. The shares are valued at approximately $8,591,000, making Cadence Bank a new significant shareholder in the financial services company.

Why it matters

This acquisition represents Cadence Bank taking a notable position in Columbia Banking System, a regional bank with a strong presence in the Pacific Northwest. The move suggests Cadence Bank sees growth potential in Columbia Banking System and is looking to capitalize on the company's performance.

The details

According to the filing, Cadence Bank now owns approximately 0.16% of Columbia Banking System's outstanding shares. The bank acquired the 333,764 shares in the third quarter of the year. Other large investors have also been modifying their holdings in Columbia Banking System, with some increasing and others decreasing their positions in the stock.

  • Cadence Bank acquired the new stake in Columbia Banking System during the third quarter of 2026.

The players

Cadence Bank

A regional bank with a presence across the Southeastern United States.

Columbia Banking System, Inc.

A financial services provider with a strong foothold in the Pacific Northwest region.

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The takeaway

Cadence Bank's acquisition of a new position in Columbia Banking System suggests the bank sees promising growth opportunities in the regional financial services provider. This move reflects the ongoing consolidation and shifting dynamics within the banking industry as institutions look to expand their reach and capture market share.