Columbia Banking System Increases Quarterly Dividend to $0.38
Columbia Banking System raised its quarterly cash dividend by 3% to $0.38 per share following strong financial performance and share repurchases.
The Board of Directors of Columbia Banking System, Inc. approved a 3% increase to its quarterly cash dividend on November 13, 2026. The new payment of $0.38 per common share is scheduled for distribution on December 14, 2026, to shareholders of record as of November 27, 2026.
Chairman and CEO Clint Stein stated that the increase reflects confidence in the company's financial performance and the benefit of significant share repurchases conducted over the past year. This dividend adjustment complements a recently authorized $1.2 billion share repurchase program designed to support the company's capital return platform and long-term shareholder value.
Columbia Banking System serves as the parent company for Columbia Bank, which maintains operations across nine U.S. states, including Washington, Arizona, and California.