Columbia Banking System, Inc. has announced a quarterly cash dividend of $0.36 per common share, payable on June 16, 2025. This marks a change from the previous dividend and reflects the company's commitment to providing returns to its shareholders.
In addition, Columbia Banking System, Inc. has over $50 billion in assets, indicating significant financial strength and stability. This is an important metric for investors and stakeholders as it demonstrates the company's position in the market.
Furthermore, the company's subsidiaries, including Umpqua Bank, provide a wide range of services including retail and commercial banking, small business administration lending, institutional and corporate banking, and equipment leasing. This diverse portfolio of services reflects the company's comprehensive approach to meeting the needs of consumers and businesses.
As a result of these announcements, the company's shares have moved -0.44% on the market, and are now trading at a price of $25.02. Check out the company's full 8-K submission here.