Columbia Banking System Inc(COLB) Declares Dividend of $0.2200.

Columbia Banking System Inc (COLB) had declared a cash dividend of $0.2200 on Jan 26, 2017. The shares will quote ex-dividend on Feb 6, 2017 and the record date has been fixed for Feb 8, 2017. Based on Feb 6, 2017 share price, the yield comes out to be 2.11%. The dividend payable date has been fixed on Feb 22, 2017.

Columbia Banking System Inc (COLB) shares turned negative on Tuesdays trading session with the shares closing down -0.15 points or -0.38% at a volume of 3,78,214. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $39.74. The peak price level was also seen at $39.74 while the days lowest was $39.05. Finally the shares closed at $39.21. The 52-week high of the shares is $45.6826 while the 52-week low is $26.17. According to the latest information available, the market cap of the company is $2,276 M.

Columbia Banking System Inc(COLB) last announced its earnings results on Jan 26, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $108.067M. Analysts had an estimated revenue of $111.550M. Earnings per share were $0.53. Analysts had estimated an EPS of $0.49.

Several Insider Transactions has been reported to the SEC. On Aug 22, 2016, Barry Ray (SVP & CAO) sold 424 shares at $31.98 per share price.

Columbia Banking System Inc. is a bank holding company of Columbia State Bank (the Bank). The Company provides a range of banking services to small and medium-sized businesses professionals and individuals throughout Washington Oregon and Idaho. As of December 31 2014 Columbia Bank had 154 branch locations in Washington Oregon and Idaho. Columbia Bank is a Washington state-chartered commercial bank the deposits of which are insured in whole or in part by the Federal Deposit Insurance Corporation (FDIC). As of December 31 2014 the Company operates 78 branches in 21 counties in the state of Washington 60 branches in 16 counties in Oregon and 16 branches in 10 counties in Idaho. The Company’s products and services include personal banking business banking and wealth management.

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