Columbia Banking System Announces $0.37 Per Common Share Dividend

Rhea-AI Summary

Columbia Banking System (Nasdaq: COLB) declared a quarterly cash dividend of $0.37 per common share.

The dividend is payable on June 15, 2026 to shareholders of record as of May 29, 2026, following approval by the company’s Board of Directors.

AI-generated analysis. Not financial advice.

Positive

• Board approves quarterly cash dividend of $0.37 per common share
• Dividend payable June 15, 2026 to shareholders of record May 29, 2026

Negative

• None.

News Market Reaction – COLB

-1.20%

1 alert

-1.20% News Effect

On the day this news was published, COLB declined 1.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TACOMA, Wash., May 15, 2026 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Columbia Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.37 per common share, payable June 15, 2026 to shareholders of record as of May 29, 2026.

About Columbia
Columbia Banking System, Inc. (Nasdaq: COLB) is headquartered in Tacoma, Washington and is the parent company of Columbia Bank, an award-winning preeminent regional bank with offices in Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah, and Washington. Columbia Bank combines the resources, sophistication, and expertise of a national bank with a commitment to deliver superior, personalized service. The bank supports consumers and businesses through a full suite of services, including retail and commercial banking, Small Business Administration lending, institutional and corporate banking, and equipment leasing. Columbia Bank customers also have access to comprehensive investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management.  Learn more at www.columbiabankingsystem.com.

Note Regarding Forward Looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate," "continue," or other comparable words.  In addition, all statements other than statements of historical facts that address activities that Columbia expects or anticipates will or may occur in the future are forward-looking statements.  Readers are encouraged to read the SEC reports of Columbia, particularly its Annual Report on Form 10-K for the Fiscal Year ended December 31, 2025 for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management.

View original content to download multimedia:https://www.prnewswire.com/news-releases/columbia-banking-system-announces-0-37-per-common-share-dividend-302771591.html

SOURCE Columbia Banking System, Inc.

FAQ

What dividend did Columbia Banking System (COLB) declare on May 15, 2026?

Columbia Banking System declared a quarterly cash dividend of $0.37 per common share. According to Columbia Banking System, the dividend was approved by its Board of Directors and applies to all outstanding common shares on the record date.

When will Columbia Banking System (COLB) pay its $0.37 quarterly dividend?

Columbia Banking System plans to pay the $0.37 per share quarterly dividend on June 15, 2026. According to Columbia Banking System, shareholders recorded as of May 29, 2026 will be eligible to receive this cash dividend payment.

What is the record date for Columbia Banking System (COLB) June 2026 dividend?

The record date for Columbia Banking System’s June 2026 dividend is May 29, 2026. According to Columbia Banking System, investors must be shareholders of record on that date to receive the $0.37 per common share quarterly cash dividend.

Is the Columbia Banking System (COLB) $0.37 payment a quarterly dividend?

Yes, Columbia Banking System described the $0.37 per common share payment as a quarterly cash dividend. According to Columbia Banking System, this dividend was approved by the Board of Directors and will be paid on June 15, 2026 to eligible shareholders.

What does the $0.37 dividend mean for Columbia Banking System (COLB) shareholders?

The $0.37 dividend means eligible shareholders will receive a cash payment per common share. According to Columbia Banking System, holders of record on May 29, 2026 will get the quarterly dividend, offering a direct cash return on their share ownership.