Columbia Banking System (COLB) Declares $0.22 Quarterly Dividend; 2.2% Yield

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Columbia Banking System Announces First Quarter 2017 Results and Quarterly Cash Dividend

April 27, 2017 9:02 AM EDT

TACOMA, Wash., April 27, 2017 /PRNewswire/ -- Hadley Robbins, Interim Chief Executive Officer of Columbia Banking System and Columbia Bank (NASDAQ: COLB) ("Columbia"), said today upon the release of Columbia's first quarter 2017 earnings, "From a performance standpoint, we had a very good quarter. Our record first quarter performance was driven, in part, by increased net interest income, modest provision for loan losses, and increased noninterest income." Mr. Robbins continued, "I am very proud of our team. The sudden passing of Melanie Dressel was a tragic loss for all of us; however,... More