Columbia Financial, Inc. (CLBK)
Market Cap | 1.88B |
Revenue (ttm) | 201.02M |
Net Income (ttm) | 16.14M |
Shares Out | 104.53M |
EPS (ttm) | 0.15 |
PE Ratio | 119.98 |
Forward PE | 53.58 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 45,089 |
Open | 18.02 |
Previous Close | 18.08 |
Day's Range | 17.74 - 18.23 |
52-Week Range | 13.79 - 20.46 |
Beta | 0.17 |
Analysts | Hold |
Price Target | 17.00 (-5.29%) |
Earnings Date | Oct 24, 2024 |
About CLBK
Columbia Financial, Inc., a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit. The company also provides various loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family residential loans, construction loans, home equity loans and advances, and other consumer lo... [Read more]
Financial Performance
In 2023, Columbia Financial's revenue was $228.47 million, a decrease of -21.67% compared to the previous year's $291.69 million. Earnings were $36.09 million, a decrease of -58.12%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CLBK stock is "Hold" and the 12-month stock price forecast is $17.0.
News
Columbia Financial, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2024
FAIR LAWN, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $6.2 mil...
Columbia Financial, Inc. Announces Completion of Merger of Freehold Bank Into Columbia Bank
FAIR LAWN, N.J., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the mid-tier holding company for Columbia Bank, announced today the completion of the merger...
Columbia Financial, Inc. Announces Receipt of Regulatory Approval for Merger of Freehold Bank Into Columbia Bank
FAIR LAWN, N.J., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the mid-tier holding company for Columbia Bank and Freehold Bank, announced today that Colum...
Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2024
FAIR LAWN, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024
FAIR LAWN, N.J., April 30, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"),...
Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
FAIR LAWN, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Financial, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2023
FAIR LAWN, N.J., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2023
FAIR LAWN, N.J., July 26, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Financial, Inc. Announces Sixth Stock Repurchase Program
FAIR LAWN, N.J., May 25, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the holding company for Columbia Bank and Freehold Bank, today announced that the Company's B...
Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2023
FAIR LAWN, N.J., April 26, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"),...
Update of the Financial Strength of Columbia Financial, Inc.
FAIR LAWN, N.J., March 12, 2023 (GLOBE NEWSWIRE) -- Silicon Valley Bank's and Silvergate Bank's problems have attracted nationwide attention. As such, Columbia Financial, Inc. (the “Company”) the hold...
10 banks that may face trouble in the wake of the SVB Financial Group debacle
As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...
Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2022
FAIR LAWN, N.J., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Financial, Inc. Announces Fifth Stock Repurchase Program
FAIR LAWN, N.J., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the holding company for Columbia Bank and Freehold Bank, today announced that the Company's ...
Columbia Financial, Inc. and Columbia Bank Appoint Mayra L. Rinaldi as Executive Vice President, Corporate Governance and Culture
FAIR LAWN, N.J., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”), and its wholly owned subsidiary Columbia Bank (the “Bank”), are pleased to announce the appointment of Mayr...
Columbia Financial, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2022
FAIR LAWN, N.J., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Bank Hires Executive Vice President, Chief Information Officer, Manesh Prabhu
FAIR LAWN, N.J., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Columbia Bank is pleased to welcome Manesh Prabhu as Executive Vice President, Chief Information Officer, effective immediately. In his role, Mr. Pra...
Columbia Bank Hires Executive Vice President, Chief Credit Officer, Matthew Rickert
FAIR LAWN, N.J., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Columbia Bank is pleased to welcome Matthew Rickert as Executive Vice President, Chief Credit Officer, effective immediately. In his role, Mr. Ricke...
Columbia Bank One of the First Community Banks to Rethink Overdraft Protection
FAIR LAWN, N.J., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Columbia Bank, a long standing leader in community banking, announced today that they will be modifying their Consumer Overdraft Program to minimize ...
Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2022
FAIR LAWN, N.J., July 27, 2022 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), ...
Columbia Bank Hires Jenifer Walden, New Executive Vice President, Chief Human Resources Officer
FAIR LAWN, N.J., June 15, 2022 (GLOBE NEWSWIRE) -- Columbia Bank is pleased to welcome, Jenifer Walden, the new Executive Vice President, Chief Human Resources Officer, effective immediately. Ms. Wald...
Columbia Financial, Inc. Announces Completion of RSI Bank Acquisition
FAIR LAWN, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”) announced today that Columbia has completed it...
Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2022
FAIR LAWN, N.J., April 27, 2022 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"),...
Columbia Financial, Inc. Receives Regulatory Approvals for Acquisition of RSI Bank
FAIR LAWN, N.J., April 18, 2022 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbi...