Columbia Banking System Announces Increase to Common Share Dividend
PR Newswire•13/11/2026•08:15 ET
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Key Highlights
- ➤Quarterly dividend raised 3% to $0.38 per common share
- ➤Dividend payable December 14, 2026, to shareholders of record November 27
- ➤Board recently authorized $1.2 billion share repurchase program
- ➤Columbia expects balance sheet optimization to drive future capital generation
Expert Statements
Clint Stein, Chairman & CEO of Columbia Banking System
“Increasing our dividend to $0.38 reflects our confidence in our financial performance and the benefit of significant share repurchases over the past year.”
Clint Stein, Chairman & CEO of Columbia Banking System
“We expect continued execution of our strategic priorities, including our balance sheet optimization objectives, to drive meaningful capital generation in the quarters to come.”
Clint Stein, Chairman & CEO of Columbia Banking System
“Combined with our Board's recently authorized $1.2 billion share repurchase program, today's announcement supports our commitment to long-term shareholder value through a disciplined and robust capital return platform.”
Columbia Banking System Announces Increase to Common Share Dividend PR Newswire
TACOMA, Wash., Nov. 13, 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 $0.38 per common share, representing a 3% increase to the most recent Columbia dividend declaration. The dividend is payable December 14, 2026 to shareholders of record as of November 27, 2026.
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