Columbia Banking System announces $0.36 per share dividend

TACOMA - Columbia Banking System, Inc. (NASDAQ:COLB) announced Friday that its Board of Directors has approved a quarterly cash dividend of $0.36 per common share, payable September 15, 2025, to shareholders of record as of August 29, 2025. The dividend represents an attractive 5.51% yield, reflecting the company’s 29-year track record of consistent dividend payments. InvestingPro analysis reveals multiple positive indicators for income investors.

The parent company of Columbia Bank maintains its dividend as it prepares for a brand transition. The company previously renamed Umpqua Bank to "Columbia Bank" effective July 1, 2025, and will begin operating under the Columbia Bank name and brand beginning September 1, 2025.

Columbia Banking System is headquartered in Tacoma, Washington, and operates throughout the western United States with locations in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington. The bank reports having over $50 billion in assets.

The company describes itself as combining "the resources, sophistication, and expertise of a national bank" while maintaining a focus on personalized service. Columbia Bank offers retail and commercial banking services, Small Business Administration lending, and institutional banking, according to the press release statement.

Columbia Banking System trades on the Nasdaq exchange under the ticker symbol COLB.

In other recent news, Columbia Banking System reported strong second-quarter 2025 results, with earnings per share of $0.76, significantly exceeding the forecasted $0.66. The company’s revenue also surpassed expectations, coming in at $510.91 million compared to the projected $492.83 million. In addition to these financial results, Columbia Banking System and Pacific Premier Bancorp have received all necessary regulatory approvals for their planned all-stock merger. This merger, originally announced in April 2025, is on track to close by the end of August 2025, pending customary closing conditions.

DA Davidson maintained its Neutral rating and $26 price target for Columbia Banking System following the quarterly results. The firm noted the bank’s progress in expanding its net interest margin and implementing cost control measures, leading to positive revisions in earnings per share estimates. These recent developments highlight Columbia Banking System’s ongoing efforts to enhance its financial performance and strategic growth through mergers.

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