Columbia Banking System Announces Increase to Common Share Dividend

Rhea-AI Summary

Columbia Banking System (Nasdaq: COLB) announced a quarterly cash dividend of $0.37 per share, a 3% increase from its most recent dividend. The dividend is payable Dec 15, 2025 to shareholders of record as of Nov 28, 2025. The company reiterated a focus on organic growth and balance sheet optimization and cited a recently announced $700 million share repurchase program as a complementary capital-return measure. Management said they expect strong profitability and meaningful capital generation in coming quarters to support long-term shareholder value.

Positive

• Dividend raised to $0.37 per share (3% increase)
• $700 million share repurchase program announced

Negative

• Dividend increase is modest at 3% compared with typical larger raises

TACOMA, Wash., Nov. 14, 2025 /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, representing a 3% increase to the most recent Columbia dividend declaration. The dividend is payable December 15, 2025, to shareholders of record as of November 28, 2025.

"We are pleased to announce an increase to our regular dividend, providing another form of capital return to our shareholders that complements our recently announced $700 million share repurchase program," commented Clint Stein, President and CEO of Columbia. "Looking forward, we expect to produce exceptional profitability, which will result in meaningful capital generation over the coming quarters. Our strategic priorities, which include organic growth and balance sheet optimization, support our commitment to enhance long-term shareholder value in combination with a robust capital return platform."

About Columbia
Columbia Banking System, Inc. (Nasdaq: COLB) is headquartered in Tacoma, Washington and is the parent company of Columbia Bank, an award-winning western U.S. regional bank. Columbia Bank is the largest bank headquartered in the Northwest and one of the largest banks headquartered in the West with locations in Arizona, California, Colorado, Idaho, Nevada, Oregon, 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, 2024 and its Quarterly Reports on Form 10-Q for the three months ended March 31, 2025, June 30, 2025, and September 30, 2025 for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management.

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SOURCE Columbia Banking System, Inc.

FAQ

What dividend did Columbia Banking System (COLB) declare on November 14, 2025?

Columbia declared a quarterly cash dividend of $0.37 per common share, a 3% increase.

When is the COLB dividend payable and what is the record date?

The dividend is payable Dec 15, 2025 to shareholders of record as of Nov 28, 2025.

How does Columbia plan to return capital to shareholders alongside the dividend (COLB)?

Columbia complements the dividend with a $700 million share repurchase program.

What does the COLB dividend increase mean for shareholders in the short term?

Shareholders will receive the higher quarterly cash dividend of $0.37 per share on Dec 15, 2025.

Did Columbia management give guidance linking the dividend to future profitability (COLB)?

Management stated they expect exceptional profitability and meaningful capital generation to support returns.

How significant is the COLB dividend increase compared with prior dividend levels?

The company described the payment as a 3% increase versus its most recent dividend declaration.