Columbia Banking System (COLB) Misses Q2 EPS by 5c
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July 23, 2015 8:01 AM EDT
TACOMA, Wash., July 23, 2015 /PRNewswire/ --Â Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.18 per common share, and per common share equivalent for holders of preferred stock, will be paid on August 19, 2015 to shareholders of record as of the close of business on August 5, 2015.
In addition, the Board of Directors declared a special cash dividend of $0.16 per common share, and per common share equivalent for holders of preferred stock, which will also be paid on... More
July 23, 2015 8:01 AM EDT
TACOMA, Wash., July 23, 2015 /PRNewswire/ -- Melanie Dressel, President and Chief Executive Officer of Columbia Banking System and Columbia Bank (NASDAQ: COLB) ("Columbia") said today upon the release of Columbia's second quarter 2015 earnings, "We accomplished a lot this quarter, generating solid financial performance, especially in light of the after tax impact to earnings of $3.4 million, or $0.06 per diluted share, resulting from acquisition-related expense and FDIC acquired loan accounting. Despite intense competition, our bankers continue to expand existing and source new relationships. Their production of over $280 million in new loans represents our second... More
