DENVER, April 24 /PRNewswire-FirstCall/ -- The Board of Directors of CoBiz Financial today declared a $0.07 cash dividend on its common stock for the second quarter of 2008. This dividend will be paid on May 12, 2008 to shareholders of record on May 5, 2008.
CoBiz Financial (http://www.cobizfinancial.com/) is a $2.4 billion financial holding company headquartered in Denver. The company operates Colorado Business Bank and Arizona Business Bank, full-service commercial banking institutions that offer a broad range of sophisticated banking services to a targeted customer base of professionals and small to mid-sized businesses. CoBiz also offers trust and fiduciary services through CoBiz Trust; property and casualty insurance brokerage and risk management consulting services through CoBiz Insurance; investment banking services through Green Manning & Bunch; the management of stock and bond portfolios for individuals and institutions through Alexander Capital Management Group and Wagner Investment Management; and employee and executive benefits consulting and wealth transfer services through Financial Designs Ltd.
