Columbia Banking System, Inc. (NASDAQ: COLB) has announced a quarterly cash dividend of $0.36 per common share, payable on March 17, 2025, to shareholders of record as of February 28, 2025. This represents a steady dividend from the previous period.
Columbia, headquartered in Tacoma, Washington, is the parent company of Umpqua Bank, a regional bank based in Lake Oswego, Oregon. Umpqua Bank has over $50 billion in assets and operates in several states in the western U.S., including Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington.
The bank offers a wide range of services including retail and commercial banking, small business administration lending, institutional and corporate banking, and equipment leasing. Additionally, Umpqua Bank provides comprehensive investment and wealth management expertise, as well as healthcare and private banking through Columbia Wealth Advisors and Columbia Trust Company, a division of Umpqua Bank.
Investors can find more information at www.columbiabankingsystem.com.
For investor relations inquiries, they can contact Jacquelynne “Jacque” Bohlen at [email protected] or (503) 727-4100. The market has reacted to these announcements by moving the company's shares 0.5% to a price of $27.59. For more information, read the company's full 8-K submission here.
