Columbia Banking System, Inc. has announced an increase in its quarterly cash dividend, with the board of directors approving a dividend of $0.37 per common share. This represents a 3% increase from the most recent dividend declaration. The dividend is payable on December 15, 2025, to shareholders of record as of November 28, 2025.
Clint Stein, the President and CEO of Columbia, stated that this increase in the regular dividend provides another form of capital return to shareholders, complementing the recently announced $700 million share repurchase program. He also expressed confidence in the company's future profitability, anticipating meaningful capital generation over the coming quarters.
Columbia Banking System, Inc. (NASDAQ: COLB) is the parent company of Columbia Bank, headquartered in Tacoma, Washington. The bank operates in the western U.S. region with locations in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. It offers a full suite of services, including retail and commercial banking, small business administration lending, institutional and corporate banking, and equipment leasing. Additionally, Columbia Bank provides investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management.
Investors and shareholders can find more information at www.columbiabankingsystem.com. Following these announcements, the company's shares moved 0.13%, and are now trading at a price of $26.905. Check out the company's full 8-K submission here.
