Columbia Financial, Inc. (CLBK)

NASDAQ: CLBK · IEX Real-Time Price · USD
16.22
-0.51 (-3.05%)
Mar 1, 2024, 4:00 PM EST - Market closed
-3.05%
Market Cap 1.70B
Revenue (ttm) 228.47M
Net Income (ttm) 36.09M
Shares Out 104.92M
EPS (ttm) 0.35
PE Ratio 46.34
Forward PE 60.01
Dividend n/a
Ex-Dividend Date n/a
Volume 70,639
Open 16.32
Previous Close 16.73
Day's Range 16.16 - 16.60
52-Week Range 14.11 - 21.49
Beta 0.23
Analysts Buy
Price Target 20.00 (+23.31%)
Earnings Date Apr 24, 2024

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, interest bearing demand accounts, 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 residential loans, construction loans, home equity loans and advances, and other consumer loans that include automobiles and p... [Read more]

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

Financial Performance

In 2023, CLBK'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 2 analysts, the average rating for CLBK stock is "Buy." The 12-month stock price forecast is $20.0, which is an increase of 23.31% from the latest price.

Price Target
$20.0
(23.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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"), ...

5 weeks 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"), ...

4 months 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"), ...

7 months 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...

10 months 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"),...

11 months 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 ...

1 year 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...

1 year 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"), ...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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"), ...

1 year 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...

1 year 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...

1 year 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

Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2021

FAIR LAWN, N. J., Jan. 25, 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 Justin Jennings, New Executive Vice President, Operations Officer

FAIR LAWN, N.J., Jan. 21, 2022 (GLOBE NEWSWIRE) -- Columbia Bank is pleased to welcome, Justin Jennings, the new Executive Vice President, Operations Officer, effective immediately. Jennings, who repl...

2 years ago - GlobeNewsWire

Columbia Financial, Inc. Announces Fourth Stock Repurchase Program

FAIR LAWN, N.J., Dec. 06, 2021 (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. to Acquire RSI Bank

FAIR LAWN, N.J. and RAHWAY, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (NASDAQ: CLBK) and Columbia Bank (collectively, “Columbia”), and RSI Bancorp, M.H.C., RS...

2 years ago - GlobeNewsWire

Columbia Financial, Inc. Announces Completion of Freehold Bank Acquisition

FAIR LAWN, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbia...

2 years ago - GlobeNewsWire