TACOMA,
Wash., May 13, 2024 /PRNewswire/ --
Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB),
parent company of Umpqua Bank, today announced its Board of
Directors has approved a quarterly cash dividend in the amount of
$0.36 per common share, payable
June 10, 2024, to shareholders of
record as of May 24, 2024.
About Columbia
Columbia (Nasdaq: COLB) is headquartered in
Tacoma, Washington and is the
parent company of Umpqua Bank, an award-winning western U.S.
regional bank based in Lake Oswego,
Oregon. Umpqua 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. With over
$50 billion of assets, Umpqua 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. Umpqua Bank customers also have access to
comprehensive investment and wealth management expertise as well as
healthcare and private banking through Columbia Wealth Advisors and
Columbia Trust Company, a division of Umpqua Bank. 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 Form
10-K for the Fiscal Year ended December 31,
2023, 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-0-36-per-common-share-dividend-302142463.html
SOURCE Columbia Banking System, Inc