Columbia Financial, Inc. (CLBK)

NASDAQ: CLBK · IEX Real-Time Price · USD
21.08
+0.03 (0.14%)
Feb 7, 2023, 4:00 PM EST - Market closed
0.14%
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]

Sector Financials
Founded 1927
Employees 645
Stock Exchange NASDAQ
Ticker Symbol CLBK
Full Company Profile

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 Statements

Analyst 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.

Price Target
$20.91
(-0.81% downside)
Analyst Consensus: Sell
Stock Forecasts

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?

1 week ago - Zacks Investment Research

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 week 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 ...

1 month 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 months ago - GlobeNewsWire

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?

3 months ago - Zacks Investment Research

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"), ...

3 months 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...

4 months 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...

5 months 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 ...

6 months ago - GlobeNewsWire

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?

6 months ago - Zacks Investment Research

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"), ...

6 months 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...

8 months ago - GlobeNewsWire

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.

8 months ago - Zacks Investment Research

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.

9 months ago - Zacks Investment Research

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...

9 months ago - Zacks Investment Research

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...

10 months ago - GlobeNewsWire

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 ...

10 months ago - Zacks Investment Research

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?

10 months ago - Zacks Investment Research

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"),...

10 months 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...

10 months ago - GlobeNewsWire

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...

11 months ago - Zacks Investment Research

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).

1 year ago - Zacks Investment Research

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...

Other symbols: CINFHLIITUBRJFSBNYWF
1 year ago - InvestorPlace

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...

1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research