Columbia Banking System (COLB) Misses Q3 EPS by 1c

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Columbia Banking System Announces Third Quarter 2015 Earnings

October 29, 2015 8:02 AM EDT

TACOMA, Wash., Oct. 29, 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 third quarter 2015 earnings, "The balance sheet growth combined with our ongoing efforts to increase noninterest income and curb expenses resulted in record net income for the quarter. The Pacific Northwest economy continues to be favorable for businesses as evidenced by our record loan production and outstanding deposit growth during the third quarter. Our bankers have worked diligently to grow loans and... More

Columbia Banking System Announces Regular Cash Dividend of $0.18 and Declares Special Cash Dividend of $0.18

October 29, 2015 8:00 AM EDT

TACOMA, Wash., Oct. 29, 2015 /PRNewswire/ -- 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 November 25, 2015 to shareholders of record as of the close of business on November 11, 2015.

In addition, the Board of Directors declared a special cash dividend of $0.18 per common share, and per common share equivalent for holders of preferred stock, which will also be... More