Columbia Financial, Inc. (CLBK)
| Market Cap | 2.31B |
| Revenue (ttm) | 292.07M |
| Net Income (ttm) | 87.62M |
| Shares Out | 109.58M |
| EPS (ttm) | 0.83 |
| PE Ratio | 25.40 |
| Forward PE | 26.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 158,824 |
| Open | 20.94 |
| Previous Close | 21.05 |
| Day's Range | 20.81 - 21.14 |
| 52-Week Range | 18.77 - 22.86 |
| Beta | 0.26 |
| Analysts | Sell |
| Price Target | 20.91 (-0.81%) |
| Earnings Date | Jan 25, 2023 |
About CLBK
Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, such as individual and commercial checking accounts; interest bearing demand accounts comprising interest earning checking accounts and municipal accounts; and savings and club accounts, money market accounts, and certificates of deposit. It also provides loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family ... [Read more]
Financial Performance
In 2021, CLBK's revenue was $281.92 million, an increase of 20.27% compared to the previous year's $234.40 million. Earnings were $92.05 million, an increase of 59.80%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for CLBK stock is "Sell." The 12-month stock price forecast is $20.91, which is a decrease of -0.81% from the latest price.
News
Columbia Financial (CLBK) Q4 Earnings Match Estimates
Columbia Financial (CLBK) delivered earnings and revenue surprises of 0% and 3.41%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
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 (CLBK) Meets Q3 Earnings Estimates
Columbia Financial (CLBK) delivered earnings and revenue surprises of 0% and 0.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
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 (CLBK) Meets Q2 Earnings Estimates
Columbia Financial (CLBK) delivered earnings and revenue surprises of 0% and 2.66%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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...
Has Columbia Financial (CLBK) Outpaced Other Finance Stocks This Year?
Here is how Columbia Financial (CLBK) and CTO Realty (CTO) have performed compared to their sector so far this year.
Earnings Estimates Moving Higher for Columbia Financial (CLBK): Time to Buy?
Columbia Financial (CLBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
After Plunging 10.5% in 4 Weeks, Here's Why the Trend Might Reverse for Columbia Financial (CLBK)
Columbia Financial (CLBK) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in...
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...
Down 9.2% in 4 Weeks, Here's Why Columbia Financial (CLBK) Looks Ripe for a Turnaround
Columbia Financial (CLBK) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings ...
Columbia Financial (CLBK) Q1 Earnings Surpass Estimates
Columbia Financial (CLBK) delivered earnings and revenue surprises of 10% and 0.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
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...
Here's Why Momentum in Columbia Financial (CLBK) Should Keep going
Columbia Financial (CLBK) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it t...
What Makes Columbia Financial (CLBK) a New Strong Buy Stock
Columbia Financial (CLBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
7 Reliable Big-Name Finance Stocks to Buy
Rising rates and falling stocks may not seem like a great time to consider finance stocks, but it's actually an ideal time to add them. The post 7 Reliable Big-Name Finance Stocks to Buy appeared firs...
Here's Why "Trend" Investors Would Love Betting on Columbia Financial (CLBK)
Columbia Financial (CLBK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed thr...
Why Columbia Financial (CLBK) Might be Well Poised for a Surge
Columbia Financial (CLBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.