Columbia Banking Sys (COLB) 30.19 $COLB
Columbia Banking System Announces Second Quarter 2016 Results
PR Newswire - Thu Jul 28, 7:00AM CDT
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 2016 earnings, "The second quarter of the year has traditionally been a strong quarter for us and it was again this year. Our bankers continue their impressive level of loan production, our nonperforming assets to total assets remains well below our peers, and the results of our expense initiatives are reflected in the continued improvement in our efficiency ratio." Ms. Dressel continued, "Our net interest margin has held up remarkably well over the past several years, but the prolonged low interest rate environment and flattening of the yield curve continue to apply downward pressure on the margin."
COLB: 30.19 (-0.13)
Columbia Banking System Announces Increased Regular Cash Dividend of $0.20 and Declares Special Cash Dividend of $0.19
PR Newswire - Thu Jul 28, 7:00AM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.20 per common share, and per common share equivalent for holders of preferred stock, will be paid on August 24, 2016 to shareholders of record as of the close of business on August 10, 2016. This is a 5% increase from the $0.19 regular cash dividend paid during the second quarter 2016 and an 11% increase from the $0.18 paid during the first quarter 2016.
COLB: 30.19 (-0.13)
Columbia Banking System Announces First Quarter 2016 Results
PR Newswire - Wed Apr 27, 7:30PM CDT
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 first quarter 2016 earnings, "Our reported earnings were muted by the last of the Intermountain acquisition expense, increased provision expense and lower accretion income. In the near term, the current rate environment is challenging for organic loan growth to fully offset the runoff in accretion income. Aside from our reported earnings, we had some very positive outcomes in the quarter. These include the highest first quarter loan production we have ever achieved, continued growth during what is historically our slowest quarter for deposit gathering, and meaningful expense control." Ms. Dressel continued, "Despite the uptick in provision expense for the quarter, we remain confident in the overall quality of our loan portfolio."
COLB: 30.19 (-0.13)
Columbia Banking System Announces Increased Regular Cash Dividend of $0.19 and Declares Special Cash Dividend of $0.18
PR Newswire - Wed Apr 27, 3:00PM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.19 per common share, and per common share equivalent for holders of preferred stock, will be paid on May 25, 2016 to shareholders of record as of the close of business on May 11, 2016. This is a 6% increase from the $0.18 regular cash dividend paid during the first quarter 2016.
COLB: 30.19 (-0.13)
Columbia Banking System Announces First Quarter 2016 Earnings Release and Conference Call Date
PR Newswire - Thu Apr 07, 10:51AM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) expects to report first quarter 2016 financial results before the market opens on Thursday, April 28, 2016. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PDT (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-866-378-3802; Conference ID code #22782081.
COLB: 30.19 (-0.13)
17.9% Return Seen to Date on SmarTrend Columbia Banking System Call (COLB)
Comtex SmarTrend(R) - Tue Feb 09, 10:26AM CST
SmarTrend identified a Downtrend for Columbia Banking System (NASDAQ:COLB) on December 8th, 2015 at $33.17. In approximately 2 months, Columbia Banking System has returned 17.88% as of today's recent price of $27.24.
COLB: 30.19 (-0.13)
Relative Strength Alert For Columbia Banking System
DividendChannel.com - Mon Feb 08, 10:39AM CST
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a...
COLB: 30.19 (-0.13)
Columbia Banking reports Q4 2015 net income of USD26m
M2 - Thu Feb 04, 6:58AM CST
Columbia Banking System and Columbia Bank (NASDAQ: COLB) have reported fourth quarter net income of USD26.7 million with diluted earnings per share of USD0.46 and full year 2015 net income of USD98.8 million with diluted earnings per share of USD1.71, the company said. Loans were USD5.82 billion at December 31, 2015, up USD68.5 million from September 30, 2015 due to substantial loan originations during the current quarter. Compared to the prior year end, loans increased USD369.6 million, or 7.0 percent, during 2015. Securities were USD2.17 billion at December 31, 2015, an increase of USD132.8 million, or 7.0 percent from USD2.04 billion at September 30, 2015 due primarily to purchases of securities resulting from deposits growing in excess of loans. Total deposits at December 31, 2015 were USD7.44 billion, an increase of USD124.0 million from USD7.31 billion at September 30, 2015. Net interest income for the fourth quarter of 2015 was USD81.8 million, an increase of USD125 thousand compared to the third quarter of 2015. Noninterest income was USD24.7 million for the fourth quarter of 2015, an increase of USD2.2 million compared to USD22.5 million for the third quarter of 2015. Compared to the fourth quarter of 2014, noninterest income increased by USD9.6 million due to both the change in FDIC loss-sharing asset, which accounted for USD4.3 million of the increase, and a USD4.0 million increase in other noninterest income primarily due to the previously noted USD3.1 million adjustment to the mortgage repurchase liability. Headquartered in Tacoma, Washington, Columbia Banking System, Inc. is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank, with locations throughout Washington, Oregon and Idaho.
COLB: 30.19 (-0.13)
Columbia Banking declares regular, special cash dividends
M2 - Thu Feb 04, 6:58AM CST
Columbia Banking System, Inc. (NASDAQ: COLB) has declared a quarterly cash dividend of USD0.18 per common share, and per common share equivalent for holders of preferred stock, to be paid on February 24, 2016 to shareholders of record as of the close of business on February 10, 2016, the company said. In addition, the board of directors has declared a special cash dividend of USD0.20 per common share, and per common share equivalent for holders of preferred stock, which will also be paid on February 24, 2016 to shareholders of record as of the close of business on February 10, 2016. This is an 11 percent increase from the USD0.18 special cash dividend paid during the fourth quarter 2015. Columbia Banking System, Inc. is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank, with locations throughout Washington, Oregon and Idaho.
COLB: 30.19 (-0.13)
Columbia Banking declares dividend of USD0.18 and special dividend of USD0.20 per share
M2 - Fri Jan 29, 6:16AM CST
Columbia Banking System Inc (NASDAQ:COLB) on Thursday released a quarterly common stock cash dividend of USD0.18 per share and per common share equivalent for holders of preferred stock.
COLB: 30.19 (-0.13)
Columbia Banking posts 4Q profit
Automated Insights - Thu Jan 28, 7:25AM CST
TACOMA, Wash. (AP) _ Columbia Banking System Inc. (COLB) on Thursday reported fourth-quarter net income of $26.7 million.
COLB: 30.19 (-0.13)
Columbia Banking System Announces Fourth Quarter and Full Year 2015 Earnings
PR Newswire - Thu Jan 28, 7:00AM CST
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 fourth quarter 2015 earnings, "Our record earnings for the fourth quarter and full year were the result of several positive trends that continued to build throughout 2015. We are proud of our record loan production of $1.1 billion for the year." Ms. Dressel continued, "Our operating leverage continues to improve as we experienced growth in non-interest income and a lower expense to asset ratio. Asset quality improved further with our nonperforming assets to total assets declining to 0.39%. However, the future is not without challenges as we continue to experience intense pricing competition and the increasing probability of a lower interest rate environment for a longer period of time."
COLB: 30.19 (-0.13)
Columbia Banking System Announces Fourth Quarter and Full-Year 2015 Earnings Release and Conference Call Dates
PR Newswire - Fri Jan 08, 2:43PM CST
Columbia Banking System, Inc. (NASDAQ: COLB) expects to report fourth quarter and full-year 2015 financial results on Thursday, January 28, 2016 at 5:00 a.m. Pacific Standard Time. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PST (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-866-378-3802; Conference ID code #22782080.
COLB: 30.19 (-0.13)
Columbia Bank supports local homeless shelters with winter drive
M2 - Mon Dec 07, 5:39AM CST
Columbia Bank said it has launched the Warm Hearts Winter Drive, an annual opportunity for the community surrounding all 149 Columbia Bank branches in the Pacific Northwest to support local homeless shelters through donations of cash and warm winter wear, with 100 percent of contributions to be distributed directly to local homeless shelters and relief organizations in the communities where they were collected. Homelessness is affecting the Northwest more than ever, with over 34,000 people living on the streets on any given night. The challenges faced by homeless individuals and families increases exponentially during the cold winter months. Columbia Bank believes that by working with the community, together they can make a meaningful difference. Headquartered in Tacoma, Washington, Columbia Banking System, Inc., (NASDAQ: COLB) is the holding company of Columbia Bank, a Pacific Northwest regional community bank.
COLB: 30.19 (-0.13)
Uptrend Call Working As Columbia Banking System Stock Rises 11.1% (COLB)
Comtex SmarTrend(R) - Tue Dec 01, 11:41AM CST
SmarTrend identified an Uptrend for Columbia Banking System (NASDAQ:COLB) on October 7th, 2015 at $31.96. In approximately 2 months, Columbia Banking System has returned 11.11% as of today's recent price of $35.51.
COLB: 30.19 (-0.13)
Columbia Banking System Has Returned 10.3% Since SmarTrend Recommendation (COLB)
Comtex SmarTrend(R) - Mon Nov 09, 5:44PM CST
SmarTrend identified an Uptrend for Columbia Banking System (NASDAQ:COLB) on October 7th, 2015 at $31.96. In approximately 1 month, Columbia Banking System has returned 10.34% as of today's recent price of $35.26.
COLB: 30.19 (-0.13)
Columbia Banking System declares dividend and special dividend of USD0.18 per share each
M2 - Fri Oct 30, 6:26AM CDT
Columbia Banking System Inc (NASDAQ:COLB) announced on Thursday that it will pay a cash dividend of USD0.18 per share and per common share equivalent for holders of preferred stock.
COLB: 30.19 (-0.13)
Columbia Banking System Announces Third Quarter 2015 Earnings
PR Newswire - Thu Oct 29, 7:00AM CDT
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 increase core deposits, resulting in a relatively stable operating net interest margin despite the prolonged low interest rate environment."
COLB: 30.19 (-0.13)
Columbia Banking System Announces Regular Cash Dividend of $0.18 and Declares Special Cash Dividend of $0.18
PR Newswire - Thu Oct 29, 7:00AM CDT
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.
COLB: 30.19 (-0.13)
Columbia Banking System Announces Second Quarter 2016 Results
PR Newswire - Thu Jul 28, 7:00AM CDT
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 2016 earnings, "The second quarter of the year has traditionally been a strong quarter for us and it was again this year. Our bankers continue their impressive level of loan production, our nonperforming assets to total assets remains well below our peers, and the results of our expense initiatives are reflected in the continued improvement in our efficiency ratio." Ms. Dressel continued, "Our net interest margin has held up remarkably well over the past several years, but the prolonged low interest rate environment and flattening of the yield curve continue to apply downward pressure on the margin." COLB: 30.19 (-0.13)
Columbia Banking System Announces Increased Regular Cash Dividend of $0.20 and Declares Special Cash Dividend of $0.19
PR Newswire - Thu Jul 28, 7:00AM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.20 per common share, and per common share equivalent for holders of preferred stock, will be paid on August 24, 2016 to shareholders of record as of the close of business on August 10, 2016. This is a 5% increase from the $0.19 regular cash dividend paid during the second quarter 2016 and an 11% increase from the $0.18 paid during the first quarter 2016.
COLB: 30.19 (-0.13)
Columbia Banking System Announces First Quarter 2016 Results
PR Newswire - Wed Apr 27, 7:30PM CDT
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 first quarter 2016 earnings, "Our reported earnings were muted by the last of the Intermountain acquisition expense, increased provision expense and lower accretion income. In the near term, the current rate environment is challenging for organic loan growth to fully offset the runoff in accretion income. Aside from our reported earnings, we had some very positive outcomes in the quarter. These include the highest first quarter loan production we have ever achieved, continued growth during what is historically our slowest quarter for deposit gathering, and meaningful expense control." Ms. Dressel continued, "Despite the uptick in provision expense for the quarter, we remain confident in the overall quality of our loan portfolio." COLB: 30.19 (-0.13)
Columbia Banking System Announces Increased Regular Cash Dividend of $0.19 and Declares Special Cash Dividend of $0.18
PR Newswire - Wed Apr 27, 3:00PM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) announced today that a quarterly cash dividend of $0.19 per common share, and per common share equivalent for holders of preferred stock, will be paid on May 25, 2016 to shareholders of record as of the close of business on May 11, 2016. This is a 6% increase from the $0.18 regular cash dividend paid during the first quarter 2016.
COLB: 30.19 (-0.13)
Columbia Banking System Announces First Quarter 2016 Earnings Release and Conference Call Date
PR Newswire - Thu Apr 07, 10:51AM CDT
Columbia Banking System, Inc. (NASDAQ: COLB) expects to report first quarter 2016 financial results before the market opens on Thursday, April 28, 2016. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PDT (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-866-378-3802; Conference ID code #22782081.
COLB: 30.19 (-0.13)
17.9% Return Seen to Date on SmarTrend Columbia Banking System Call (COLB)
Comtex SmarTrend(R) - Tue Feb 09, 10:26AM CST
SmarTrend identified a Downtrend for Columbia Banking System (NASDAQ:COLB) on December 8th, 2015 at $33.17. In approximately 2 months, Columbia Banking System has returned 17.88% as of today's recent price of $27.24.
COLB: 30.19 (-0.13)
Relative Strength Alert For Columbia Banking System
DividendChannel.com - Mon Feb 08, 10:39AM CST
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a...
COLB: 30.19 (-0.13)
Columbia Banking reports Q4 2015 net income of USD26m
M2 - Thu Feb 04, 6:58AM CST
Columbia Banking System and Columbia Bank (NASDAQ: COLB) have reported fourth quarter net income of USD26.7 million with diluted earnings per share of USD0.46 and full year 2015 net income of USD98.8 million with diluted earnings per share of USD1.71, the company said. Loans were USD5.82 billion at December 31, 2015, up USD68.5 million from September 30, 2015 due to substantial loan originations during the current quarter. Compared to the prior year end, loans increased USD369.6 million, or 7.0 percent, during 2015. Securities were USD2.17 billion at December 31, 2015, an increase of USD132.8 million, or 7.0 percent from USD2.04 billion at September 30, 2015 due primarily to purchases of securities resulting from deposits growing in excess of loans. Total deposits at December 31, 2015 were USD7.44 billion, an increase of USD124.0 million from USD7.31 billion at September 30, 2015. Net interest income for the fourth quarter of 2015 was USD81.8 million, an increase of USD125 thousand compared to the third quarter of 2015. Noninterest income was USD24.7 million for the fourth quarter of 2015, an increase of USD2.2 million compared to USD22.5 million for the third quarter of 2015. Compared to the fourth quarter of 2014, noninterest income increased by USD9.6 million due to both the change in FDIC loss-sharing asset, which accounted for USD4.3 million of the increase, and a USD4.0 million increase in other noninterest income primarily due to the previously noted USD3.1 million adjustment to the mortgage repurchase liability. Headquartered in Tacoma, Washington, Columbia Banking System, Inc. is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank, with locations throughout Washington, Oregon and Idaho.
COLB: 30.19 (-0.13)
Columbia Banking declares regular, special cash dividends
M2 - Thu Feb 04, 6:58AM CST
Columbia Banking System, Inc. (NASDAQ: COLB) has declared a quarterly cash dividend of USD0.18 per common share, and per common share equivalent for holders of preferred stock, to be paid on February 24, 2016 to shareholders of record as of the close of business on February 10, 2016, the company said. In addition, the board of directors has declared a special cash dividend of USD0.20 per common share, and per common share equivalent for holders of preferred stock, which will also be paid on February 24, 2016 to shareholders of record as of the close of business on February 10, 2016. This is an 11 percent increase from the USD0.18 special cash dividend paid during the fourth quarter 2015. Columbia Banking System, Inc. is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank, with locations throughout Washington, Oregon and Idaho.
COLB: 30.19 (-0.13)
Columbia Banking declares dividend of USD0.18 and special dividend of USD0.20 per share
M2 - Fri Jan 29, 6:16AM CST
Columbia Banking System Inc (NASDAQ:COLB) on Thursday released a quarterly common stock cash dividend of USD0.18 per share and per common share equivalent for holders of preferred stock.
COLB: 30.19 (-0.13)
Columbia Banking posts 4Q profit
Automated Insights - Thu Jan 28, 7:25AM CST
TACOMA, Wash. (AP) _ Columbia Banking System Inc. (COLB) on Thursday reported fourth-quarter net income of $26.7 million.
COLB: 30.19 (-0.13)
Columbia Banking System Announces Fourth Quarter and Full Year 2015 Earnings
PR Newswire - Thu Jan 28, 7:00AM CST
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 fourth quarter 2015 earnings, "Our record earnings for the fourth quarter and full year were the result of several positive trends that continued to build throughout 2015. We are proud of our record loan production of $1.1 billion for the year." Ms. Dressel continued, "Our operating leverage continues to improve as we experienced growth in non-interest income and a lower expense to asset ratio. Asset quality improved further with our nonperforming assets to total assets declining to 0.39%. However, the future is not without challenges as we continue to experience intense pricing competition and the increasing probability of a lower interest rate environment for a longer period of time." COLB: 30.19 (-0.13)
Columbia Banking System Announces Fourth Quarter and Full-Year 2015 Earnings Release and Conference Call Dates
PR Newswire - Fri Jan 08, 2:43PM CST
Columbia Banking System, Inc. (NASDAQ: COLB) expects to report fourth quarter and full-year 2015 financial results on Thursday, January 28, 2016 at 5:00 a.m. Pacific Standard Time. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PST (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-866-378-3802; Conference ID code #22782080.
COLB: 30.19 (-0.13)
Columbia Bank supports local homeless shelters with winter drive
M2 - Mon Dec 07, 5:39AM CST
Columbia Bank said it has launched the Warm Hearts Winter Drive, an annual opportunity for the community surrounding all 149 Columbia Bank branches in the Pacific Northwest to support local homeless shelters through donations of cash and warm winter wear, with 100 percent of contributions to be distributed directly to local homeless shelters and relief organizations in the communities where they were collected. Homelessness is affecting the Northwest more than ever, with over 34,000 people living on the streets on any given night. The challenges faced by homeless individuals and families increases exponentially during the cold winter months. Columbia Bank believes that by working with the community, together they can make a meaningful difference. Headquartered in Tacoma, Washington, Columbia Banking System, Inc., (NASDAQ: COLB) is the holding company of Columbia Bank, a Pacific Northwest regional community bank.
COLB: 30.19 (-0.13)
Uptrend Call Working As Columbia Banking System Stock Rises 11.1% (COLB)
Comtex SmarTrend(R) - Tue Dec 01, 11:41AM CST
SmarTrend identified an Uptrend for Columbia Banking System (NASDAQ:COLB) on October 7th, 2015 at $31.96. In approximately 2 months, Columbia Banking System has returned 11.11% as of today's recent price of $35.51.
COLB: 30.19 (-0.13)
Columbia Banking System Has Returned 10.3% Since SmarTrend Recommendation (COLB)
Comtex SmarTrend(R) - Mon Nov 09, 5:44PM CST
SmarTrend identified an Uptrend for Columbia Banking System (NASDAQ:COLB) on October 7th, 2015 at $31.96. In approximately 1 month, Columbia Banking System has returned 10.34% as of today's recent price of $35.26.
COLB: 30.19 (-0.13)
Columbia Banking System declares dividend and special dividend of USD0.18 per share each
M2 - Fri Oct 30, 6:26AM CDT
Columbia Banking System Inc (NASDAQ:COLB) announced on Thursday that it will pay a cash dividend of USD0.18 per share and per common share equivalent for holders of preferred stock.
COLB: 30.19 (-0.13)
Columbia Banking System Announces Third Quarter 2015 Earnings
PR Newswire - Thu Oct 29, 7:00AM CDT
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 increase core deposits, resulting in a relatively stable operating net interest margin despite the prolonged low interest rate environment." COLB: 30.19 (-0.13)
Columbia Banking System Announces Regular Cash Dividend of $0.18 and Declares Special Cash Dividend of $0.18
PR Newswire - Thu Oct 29, 7:00AM CDT
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.
COLB: 30.19 (-0.13)
