Columbia Banking System Approves $0.37 Quarterly Dividend Payable March 16, 2026

Board Greenlights $0.37 Quarterly Cash Dividend

On Feb. 13, 2026, Columbia Banking System, Inc., the Tacoma, Washington‑based holding company for Columbia Bank, announces its board of directors is approving a quarterly cash dividend of $0.37 per common share. The dividend is payable on March 16, 2026, to shareholders of record as of Feb. 27, 2026, reflecting a scheduled return of capital to investors under the bank’s current payout framework. The company presents the move as part of routine capital allocation decisions by its board.

The board’s action signals continued emphasis on balancing shareholder distributions with capital retention for lending and operations across Columbia’s regional franchise. Columbia positions the dividend within broader capital management priorities as it maintains lending activity, Small Business Administration financing and institutional services across a multi‑state footprint. Executives frame the payout as consistent with the bank’s strategy to combine the resources of larger banks with a personalized service model tailored to consumer and commercial clients.

Investors and analysts monitoring Columbia view the timing and amount in the context of the bank’s capital ratios and regional growth plans, particularly as Columbia expands services such as equipment leasing, wealth management and healthcare banking. The company reiterates that actual future outcomes depend on market conditions and economic factors, and that board decisions on dividends remain subject to regulatory considerations and evolving business needs.

Regional Footprint and Service Mix

Columbia Bank describes itself as the largest bank headquartered in the U.S. Northwest and among the largest in the West, operating offices in nine states including Arizona, California, Colorado, Idaho, Nevada, Oregon, Texas, Utah and Washington. Its product mix spans retail and commercial banking, SBA lending, institutional and corporate banking, equipment leasing, and investment and private banking through Columbia Wealth Management.

Regulatory Filings and Forward‑Looking Language

The release includes the customary forward‑looking statements notice under the Private Securities Litigation Reform Act and directs readers to Columbia’s SEC filings for cautionary language and risk factors. Relevant filings cited include the Annual Report on Form 10‑K for the year ended Dec. 31, 2024 and Quarterly Reports on Form 10‑Q for the quarters ended March 31, 2025; June 30, 2025; and Sept. 30, 2025. More information is available on the company’s website.