Columbia Financial, Inc. (CLBK)

NASDAQ: CLBK · IEX Real-Time Price · USD
20.48
0.04 (0.19%)
May 18, 2022 11:10 AM EDT - Market open
Market Cap2.30B
Revenue (ttm)283.61M
Net Income (ttm)91.41M
Shares Out112.10M
EPS (ttm)0.88
PE Ratio23.27
Forward PE24.51
Dividendn/a
Ex-Dividend Daten/a
Volume24,684
Open20.27
Previous Close20.44
Day's Range20.27 - 20.49
52-Week Range16.34 - 22.71
Beta0.35
AnalystsBuy
Price Target22.44 (+9.6%)
Earnings DateApr 27, 2022

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 ...

IndustryThrifts & Mortgage Finance
Founded1927
Employees645
Stock ExchangeNASDAQ
Ticker SymbolCLBK
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 8 analysts, the average rating for CLBK stock is "Buy." The 12-month stock price forecast is 22.44, which is an increase of 9.58% from the latest price.

Price Target
$22.44
(9.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 r...

2 weeks 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 its ...

2 weeks 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 es...

2 weeks 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?

2 weeks 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"), r...

2 weeks 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 Columbia ...

4 weeks 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 thr...

1 month 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).

2 months 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 first ...

Other symbols:CINFHLIITUBRJFSBNYWF
2 months 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 throu...

2 months 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.

3 months ago - Zacks Investment Research

What Makes Columbia Financial (CLBK) a Good Fit for "Trend Investing"

If you are looking for stocks that are well positioned to maintain their recent uptrend, Columbia Financial (CLBK) could be a great choice. It is one of the several stocks that passed through our "Recen...

3 months ago - Zacks Investment Research

Recent Price Trend in Columbia Financial (CLBK) is Your Friend, Here's Why

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 throu...

3 months ago - Zacks Investment Research

Columbia Financial (CLBK) Q4 Earnings and Revenues Surpass Estimates

Columbia Financial (CLBK) delivered earnings and revenue surprises of 25% and 1.09%, respectively, for the quarter ended December 2021. 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 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"), r...

3 months 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 replac...

3 months ago - GlobeNewsWire

Columbia Financial (CLBK) to Report Q4 Results: What Awaits?

Columbia Financial (CLBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Columbia Financial (CLBK) Stock Up 2.6% on New Buyback Plan

Columbia Financial's (CLBK) new share buyback program, along with inorganic expansion efforts, will continue to enhance shareholder value.

5 months ago - Zacks Investment Research

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 Bo...

5 months 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., RSI ...

5 months 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 h...

5 months ago - GlobeNewsWire

Columbia Financial, Inc. Receives Regulatory Approvals for the Acquisition of Freehold Bank

FAIR LAWN, N.J., Nov. 24, 2021 (GLOBE NEWSWIRE) -- Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbia a...

5 months ago - GlobeNewsWire

Columbia Financial (CLBK) Lags Q3 Earnings and Revenue Estimates

Columbia Financial (CLBK) delivered earnings and revenue surprises of -14.29% and -1.74%, respectively, for the quarter ended September 2021. 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 Third Quarter Ended September 30, 2021

FAIR LAWN, N.J., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the "Bank"), reported net income of $21.0 mill...

6 months ago - GlobeNewsWire

Columbia Financial, Inc. Announces the Appointment of Daria Torres to its Board of Directors

FAIR LAWN, N.J., July 29, 2021 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (NASDAQ: CLBK), the parent company of Columbia Bank, is pleased to announce that Mount Laurel, New Jersey resident, Daria Torr...

9 months ago - GlobeNewsWire