Columbia Banking System Announces Regular Cash Dividend Increase of $0.30

TACOMA, Wash.Sept. 30, 2021 /PRNewswire/ — Columbia Banking System, Inc. (“Colombia“) (NASDAQ: COLB) today announced that a quarterly cash dividend of $0.30 per common share will be paid on October 27, 2021 to shareholders of record at the close of business on October 13, 2021. This is an increase from the previous quarterly dividend of $0.28 per share.

On Colombia
Based at Tacoma, WAColumbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a washington state-licensed full-service commercial bank with locations throughout Washington, Oregon and Idaho. The bank was named one of Puget Sound Business Journal from washington Best Workplaces” more than 10 times and has been ranked #1 in customer satisfaction with retail banking in the North West region by J.D. Power in the 2020 U.S. Retail Banking Satisfaction Study. Colombia was named the #1 bank in the North West on the Forbes 2020 list of “America’s Top Banks” marking nearly 10 consecutive years on the publication’s list of top financial institutions. More information on Colombia can be found on its website at www.columbiabank.com.

About the Bank of Commerce
Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company of Merchants Bank of Commerce (the “Bank”). The Bank is an FDIC insured California banking company providing community banking and financial services in the north California along the Interstate 5 corridor from Sacramento for Yreka and in the wine region north of San Francisco. The Bank was incorporated as California banking company on November 25, 1981 and opened on October 22, 1982. The Company’s common stock is listed on the NASDAQ Global Market and trades under the symbol “BOCH”.

Contact with Investor Relations:
[email protected]
253-471-4065

SOURCE Columbia Banking System Inc.

Related links

http://www.columbiabank.com

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