Columbia Banking System Announces Increase to Common Share Dividend

(NASDAQ:COLB) Columbia Banking System, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.38 per common share. This dividend represents a 3% increase compared to the most recent Columbia dividend declaration. The dividend will be payable on December 14, 2026, to shareholders of record as of November 27, 2026. Clint Stein, Chairman & CEO of Columbia, stated that the increase to $0.38 reflects confidence in the company's financial performance and the benefit of significant share repurchases over the past year. The company expects continued execution of its strategic priorities, including balance sheet optimization objectives, to drive meaningful capital generation in the coming quarters. The Board has recently authorized a $1.2 billion share repurchase program. The company emphasizes its commitment to long-term shareholder value through a disciplined and robust capital return platform. Columbia Banking System, Inc. is the parent company of Columbia Bank. Columbia Bank provides retail and commercial banking, Small Business Administration lending, institutional and corporate banking, and equipment leasing. Columbia Bank customers also have access to investment and wealth management expertise as well as healthcare and private banking through Columbia Wealth Management.

Columbia Banking System Named the Top Performing Large U.S. Bank in Bank Director's 2026 RankingBanking Study

(NASDAQ:COLB) Columbia Banking System, Inc., the parent company of Columbia Bank, has been recognized as the No. 1 Top Performing Bank in the $50 billion and above category in Bank Director's 2026 RankingBanking study. The RankingBanking study evaluates the 300 largest publicly traded banks in the country on four measures: return on average tangible common equity, return on average total assets, tangible common equity to tangible assets, and nonperforming assets to loans and other real estate owned. The 2026 ranking was compiled by Piper Sandler & Co. from S&P Global Market Intelligence using 2025 results. Columbia Banking System achieved the No. 1 ranking among large banks for asset quality and placed among the top three banks for profitability as measured by return on average assets (ROAA). This top recognition follows two consecutive years in which Columbia finished No. 2 in the RankingBanking study. Clint Stein, CEO of Columbia Banking System and Columbia Bank, stated that the recognition reflects the disciplined execution, financial strength, and customer focus of the organization, and underscores the dedication of the team and the trust of customers. In addition to the Bank Director recognition, Columbia has received several other honors in 2026, including Forbes: World's Top Performing Banks and America's Best Banks, TIME: America's Best Companies, Crisil Coalition Greenwich: Best Bank Awards for Middle Market Banking, and Global Finance: Best Bank for Small and Midsize Enterprises and Best Trade Finance Partner (West). Columbia Banking System, Inc. is headquartered in Tacoma, Washington and is the parent company of Columbia Bank.

Columbia Bank Continues Utah Expansion with New Draper Commercial Office and Retail Branch

(NASDAQ: COLB) Columbia Bank, a subsidiary of Columbia Banking System, Inc., announced the opening of a new commercial office and retail branch in Draper, Utah. The Draper location is situated 20 miles outside of Salt Lake City.

Columbia Bank Continues Colorado Expansion with First Commercial Office and Retail Branch in Colorado Springs

(NASDAQ: COLB) Columbia Bank, a subsidiary of Columbia Banking System, Inc., announced the opening of its first commercial office and retail branch in Colorado Springs. The new location is a 5,500-square-foot facility located at 517 S. Cascade Ave, Unit A, in the downtown Trolley District. Columbia Bank has been operating in Colorado Springs since 2023 with the addition of Southern Colorado Market Director Alex Sullivan. The bank entered the Colorado market in 2022 under the leadership of Mountain West Regional Director Shawn Thompson and now has four offices between its Denver and Colorado Springs commercial and retail banking spaces. Columbia Private Trust, a division of Columbia Bank, has $19 billion in assets under custody and is based in Denver. The Colorado Springs Commercial Banking Center will be led by Alex Sullivan, who previously held several positions at UMB Bank. The branch will be open from 9 a.m. to 5 p.m., Monday through Friday.

Columbia Bank and ForgiveCo Partner to Erase $5 Million in Medical Debt for Southern California Veterans

(NASDAQ: COLB) Columbia Bank, a subsidiary of Columbia Banking System, Inc., announced a partnership with ForgiveCo to eliminate $5 million in medical debt for veterans and their families. The initiative will relieve medical debt for over 2,000 veterans and their families across Los Angeles, Orange, Riverside, San Bernardino and San Diego counties. Those eligible are individuals earning up to 80% of area median income with qualifying debt currently in collections, who will be randomly selected and notified by ForgiveCo. Columbia Bank is also awarding $100,000 in nonprofit grants, with four nonprofits supporting active-duty service members and veterans each receiving $25,000. From June 1 through July 31, Columbia Bank is commemorating the 250th anniversary of the United States through a series of initiatives designed to support active-duty service members, veterans and organizations that serve them. The company projects that recipients will have access to complimentary services including counseling, guidance, and educational resources to support long-term financial stability. Columbia Bank recently hosted a VIP experience for veteran and active-duty business owners in partnership with Joe Gibbs Racing, McAnally-Hilgemann Racing and the Navy SEAL Foundation.

Columbia Banking System Announces $0.37 Per Common Share Dividend

Columbia Banking System, Inc. (NASDAQ:COLB) announced that its Board of Directors has approved 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. Columbia Banking System, Inc. is the parent company of Columbia Bank, which offers a range of banking and financial services. This announcement is significant for investors as it provides details on the upcoming dividend payment and key dates.

Columbia Bank Receives 2026 Best Bank Honors from Crisil Coalition Greenwich

Columbia Bank, a subsidiary of Columbia Banking System (Nasdaq: COLB), announced it has been recognized by Crisil Coalition Greenwich with two regional Best Bank Awards for excellence in middle market banking. The announcement was made on April 22, 2026, in Tacoma, Wash. The awards were given in the context of more than 500 banks being considered. This recognition highlights Columbia Bank's performance in the middle market banking sector and may be of interest to investors tracking industry accolades.