Columbia Banking Systems

COLB

Market cap $8.49B

Three banks -- TFC, COLB and NWFL -- offer dividend yields above 4%, supported by income potential, growth initiatives and strong balance sheets.

Columbia Banking leans on relationship banking, fee growth and deposit repricing to defend margins as fintechs and big banks intensify deposit competition.

COLB nears key Pacific Premier integration milestones as cost savings, fee expansion and system conversions shape 2026 growth momentum.

COLB targets sustained NIM above 4% in 2026 as fee growth, loan remix and deposit repricing offset muted loan growth risks.

TACOMA, Wash., May 15, 2026 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" Nasdaq: COLB), parent company of Columbia Bank, today announced its Board of Directors has approved a quarterly cash dividend in the amount of $0.37 per common share, payable June 15, 2026 to shareholders of record as of May 29, 2026.

While the average dividend yield of the S&P 500 currently sits at a record low of 1%, Columbia Banking's 4.9% annualized yield certainly stands out.

Bank hires industry leaders James Short and Rich Watson to expand franchise banking capabilities and build a premier platform with an initial focus on restaurants TACOMA, Wash., April 30, 2026 /PRNewswire/ -- Columbia Bank (Columbia), a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today announced the launch of its Franchise Banking Team, strengthening the bank's expertise and capabilities to support franchisors and operators with full-service banking relationships.

Columbia Banking System remains a buy, supported by consistent earnings beats and robust loan growth, and the Pacific Premier Bancorp acquisition. COLB offers a compelling dividend yield near 5%, with proven growth and a manageable payout ratio, appealing to both income and growth investors. The balance sheet maintains investment-grade ratings and diversified loan exposure, with minimal credit deterioration.

Columbia Banking System tops on Q1 earnings as revenues rise on NII growth, though mounting expenses, provisions and weaker credit metrics temper the upside.

Columbia Banking System, Inc. (COLB) Q1 2026 Earnings Call Transcript