Columbia Banking System, Inc 8-K, filed Sep 30, 2021
Columbia Banking System, Inc. (COLB)
About this 8-K
Columbia Banking System, Inc filed this 8-K on September 30, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Items to be Included in this Report
| Item 8.01 | Other Events |
On September 30, 2021, Columbia Banking System, Inc. issued a press release reporting a quarterly cash dividend of $0.30 per share. The dividend will be paid on October 27, 2021 to shareholders of record at the close of business on October 13, 2021. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference in its entirety.
| Item 9.01 | Financial Statements and Exhibits |
(d)
| 99.1 | Press release dated September 30, 2021 issued by Columbia Banking System, Inc. regarding a quarterly cash dividend for the quarter ended September 30, 2021. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| COLUMBIA BANKING SYSTEM, INC. | ||||||
| Date: September 30, 2021 | /s/ AARON J. DEER | |||||
| Aaron J. Deer | ||||||
| Chief Financial Officer | ||||||
Exhibit 99.1
FOR IMMEDIATE RELEASE
September 30, 2021
Columbia Banking System Announces Increased Regular Cash Dividend of $0.30
TACOMA, Washington—Columbia Banking System, Inc. (“Columbia” NASDAQ: COLB) announced today that a quarterly cash dividend of $0.30 per common share will be paid on October 27, 2021 to shareholders of record as of the close of business on October 13, 2021. This is an increase from the prior quarterly dividend of $0.28 per share.
About Columbia
Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon and Idaho. The bank has been named one of Puget Sound Business Journal’s “Washington’s Best Workplaces,” more than 10 times and was ranked #1 in Customer Satisfaction with Retail Banking in the Northwest region by J.D. Power in the 2020 U.S. Retail Banking Satisfaction Study. Columbia was named the #1 bank in the Northwest on the Forbes 2020 list of “America’s Best Banks” marking nearly 10 consecutive years on the publication’s list of top financial institutions. More information about Columbia can be found on its website at www.columbiabank.com.
About Bank of Commerce
Bank of Commerce Holdings is a bank holding company headquartered in Sacramento, California and is the parent company for Merchants Bank of Commerce (the “Bank”). The Bank is an FDIC-insured California banking corporation providing community banking and financial services in northern California along the Interstate 5 corridor from Sacramento to Yreka and in the wine region north of San Francisco. The Bank was incorporated as a California banking corporation on November 25, 1981 and opened for business on October 22, 1982. The Company’s common stock is listed on the NASDAQ Global Market and trades under the symbol “BOCH”.
Investor Relations Contact:
InvestorRelations@columbiabank.com
253-471-4065