Columbia Banking System (COLB) Declares $0.22 Quarterly Dividend; 2.2% Yield
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Columbia Banking System Announces Second Quarter 2017 Results and Quarterly Cash Dividend
July 27, 2017 9:00 AM EDTTACOMA, Wash., July 27, 2017 /PRNewswire/ -- Hadley Robbins, 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 2017 earnings, "I'm pleased with our record setting earnings for the quarter, especially in light of the impact of the $2.4 million expense we recognized to terminate our FDIC loss sharing agreements, which when combined with the $1.0 million of acquisition-related expense recorded in the quarter, reduced our earnings per share by $0.04." Mr. Robbins continued, "Our record first half... More
