Columbia Financial, Inc. (CLBK)

NASDAQ: CLBK · Real-Time Price · USD
17.95
-0.13 (-0.72%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.72%
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]

Sector Financials
Founded 1927
Employees 774
Stock Exchange NASDAQ
Ticker Symbol CLBK
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for CLBK stock is "Hold" and the 12-month stock price forecast is $17.0.

Price Target
$17.0
(-5.29% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

27 days ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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"), ...

4 months ago - GlobeNewsWire

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"),...

7 months ago - GlobeNewsWire

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"), ...

10 months ago - GlobeNewsWire

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"), ...

1 year ago - GlobeNewsWire

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"), ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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"),...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

20 banks that are sitting on huge potential securities losses—as was SVB

Silicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday.

1 year ago - Market Watch

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...

1 year ago - Market Watch

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"), ...

1 year ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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"), ...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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 ...

2 years ago - GlobeNewsWire

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"), ...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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"),...

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire