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Columbia Banking: Q1 Earnings Snapshot

TACOMA, Wash. (AP) — TACOMA, Wash. (AP) — Columbia Banking System Inc. (COLB) on Thursday reported first-quarter earnings of $192 million.

The Tacoma, Washington-based bank said it had earnings of 66 cents per share. Earnings, adjusted for non-recurring costs, were 72 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

The bank holding company posted revenue of $899 million in the period. Its revenue net of interest expense was $677 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $674.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COLB at https://www.zacks.com/ap/COLB

For Sandra Bullock and Nicole Kidman, ‘Practical Magic 2’ heals old wounds

LOS ANGELES (AP) — Sandra Bullock and Nicole Kidman view “Practical Magic” very differently today than they did when they made it 28 years ago. In 1998, the film received mixed reviews and had a modest box office performance. It has since become a cult favorite, embraced by a new generation who found the romantic comedy through social media clips. The two Oscar winners are returning to their roles of witchy sisters Sally and Gillian Owens in “Practical Magic 2,” in theaters on Sept. 10, giving them a chance to reckon with the original’s rocky reception and its unlikely second life. Both films trace their roots to Alice Hoffman’s novels: “Practical Magic,” published in 1995, inspired the original film, while her 2021 novel “The Book of Magic” expands the Owens family’s story and provides inspiration for the sequel. ‘Maybe it needed to marinate’
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