trending Market Intelligence /marketintelligence/en/news-insights/trending/Uy2AcAmb5H_UprRD-9CsWw2 content esgSubNav
In This List

CoBiz Financial ups dividend

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


CoBiz Financial ups dividend

CoBiz FinancialInc.'s board declared a quarterly cash dividend of 5 cents percommon share, payable Aug. 8 to shareholders of record Aug. 1.

The Denver-based company's previous dividend was 4.5 cents pershare, per SNL data.

CoBiz reported second-quarter net income available to commonshareholders of $8.5 million, or 21 cents per share, compared to $7.2 million,or 17 cents per share, for the year-ago period.

The company said that resolution of an impaired creditresulted in a negative provision for loan losses of $1.7 million in the secondquarter.