image
Financial Services - Banks - Regional - NASDAQ - US
$ 16.0
1.07 %
$ 1.68 B
Market Cap
106.67
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CLBK stock under the worst case scenario is HIDDEN Compared to the current market price of 16 USD, Columbia Financial, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CLBK stock under the base case scenario is HIDDEN Compared to the current market price of 16 USD, Columbia Financial, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one CLBK stock under the best case scenario is HIDDEN Compared to the current market price of 16 USD, Columbia Financial, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
233 M REVENUE
-21.51%
55.6 M OPERATING INCOME
-62.03%
36.1 M NET INCOME
-58.12%
40.7 M OPERATING CASH FLOW
-71.36%
39.6 M INVESTING CASH FLOW
106.45%
164 M FINANCING CASH FLOW
-71.82%
54.3 M REVENUE
-55.66%
10.9 M OPERATING INCOME
47.88%
-2.77 M NET INCOME
-60.93%
-32.7 M OPERATING CASH FLOW
-176.11%
153 M INVESTING CASH FLOW
247.08%
-92.3 M FINANCING CASH FLOW
-89.39%
Balance Sheet Columbia Financial, Inc.
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Current Assets 886 M
Cash & Short-Term Investments 423 M
Receivables 0
Other Current Assets 463 M
Non-Current Assets 10.2 B
Long-Term Investments 1.5 B
PP&E 83.6 M
Other Non-Current Assets 8.6 B
Current Liabilities 108 M
Accounts Payable 0
Short-Term Debt 911 M
Other Current Liabilities -803 M
Non-Current Liabilities 1.96 B
Long-Term Debt 634 M
Other Non-Current Liabilities 1.32 B
EFFICIENCY
Earnings Waterfall Columbia Financial, Inc.
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Revenue 233 M
Cost Of Revenue -188 M
Gross Profit 422 M
Operating Expenses 233 M
Operating Income 55.6 M
Other Expenses 19.5 M
Net Income 36.1 M
RATIOS
180.77% GROSS MARGIN
180.77%
23.83% OPERATING MARGIN
23.83%
15.47% NET MARGIN
15.47%
3.47% ROE
3.47%
0.34% ROA
0.34%
1.69% ROIC
1.69%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Columbia Financial, Inc.
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Net Income 36.1 M
Depreciation & Amortization 14 M
Capital Expenditures -7.64 M
Stock-Based Compensation 12.1 M
Change in Working Capital -36.2 M
Others -19.4 M
Free Cash Flow 33.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Columbia Financial, Inc.
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CLBK has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Columbia Financial, Inc.
image
Sold
0-3 MONTHS
171 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
16.7 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Dec 12, 2024
Sell 171 K USD
Holland Noel R.
Director
- 10000
17.0641 USD
10 months ago
Feb 22, 2024
Bought 16.7 K USD
Van Dyk Robert
Director
+ 1000
16.6892 USD
1 year ago
May 02, 2023
Bought 4.99 K USD
Klimowich John
EVP & Chief Risk Officer
+ 346
14.42 USD
1 year ago
Mar 14, 2023
Bought 44 K USD
Kemly Thomas J.
President & CEO
+ 2500
17.59 USD
1 year ago
Mar 14, 2023
Bought 35.2 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 2000
17.6 USD
2 years ago
Dec 05, 2022
Sell 121 K USD
Randall Elizabeth E.
Director
- 5709
21.22 USD
2 years ago
Oct 31, 2022
Bought 24.8 K USD
Massood Michael Jr.
Director
+ 1205
20.5522 USD
2 years ago
Oct 31, 2022
Bought 35 K USD
Massood Michael Jr.
Director
+ 1703
20.5517 USD
2 years ago
May 12, 2022
Bought 19.7 K USD
Van Dyk Robert
director:
+ 1000
19.72 USD
2 years ago
Mar 04, 2022
Bought 50.1 K USD
VAN OSTENBRIDGE PAUL
director:
+ 2350
21.3 USD
2 years ago
Mar 04, 2022
Bought 50.1 K USD
Schlesinger Allyson Katz
EVP & Head of Consumer Banking
+ 2344
21.36 USD
4 years ago
Aug 31, 2020
Bought 42.7 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 4000
10.677 USD
4 years ago
Aug 07, 2020
Bought 59.6 K USD
Bashyam Damodaram
EVP & CIDO
+ 5000
11.92 USD
4 years ago
Aug 04, 2020
Bought 46.2 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 4000
11.5425 USD
4 years ago
May 11, 2020
Bought 825 USD
Massood Michael Jr.
Director
+ 60
13.75 USD
4 years ago
May 11, 2020
Bought 20.8 K USD
Massood Michael Jr.
Director
+ 1510
13.759 USD
4 years ago
May 11, 2020
Bought 22 K USD
Massood Michael Jr.
Director
+ 1600
13.76 USD
4 years ago
May 12, 2020
Bought 2.16 K USD
Massood Michael Jr.
Director
+ 160
13.47 USD
4 years ago
May 12, 2020
Bought 35 K USD
Massood Michael Jr.
Director
+ 2600
13.45 USD
4 years ago
May 12, 2020
Bought 2.16 K USD
Massood Michael Jr.
Director
+ 160
13.47 USD
4 years ago
May 12, 2020
Bought 35 K USD
Massood Michael Jr.
Director
+ 2600
13.45 USD
4 years ago
May 11, 2020
Bought 825 USD
Massood Michael Jr.
Director
+ 60
13.75 USD
4 years ago
May 11, 2020
Bought 20.8 K USD
Massood Michael Jr.
Director
+ 1510
13.759 USD
4 years ago
May 11, 2020
Bought 22 K USD
Massood Michael Jr.
Director
+ 1600
13.76 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.493 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.493 USD
4 years ago
Mar 13, 2020
Bought 53.9 K USD
Van Dyk Robert
Director
+ 4000
13.4637 USD
4 years ago
Mar 13, 2020
Bought 53.9 K USD
Van Dyk Robert
Director
+ 4000
13.4637 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.538 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.538 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.5407 USD
4 years ago
Mar 13, 2020
Bought 13.5 K USD
Van Dyk Robert
Director
+ 1000
13.5407 USD
4 years ago
Mar 10, 2020
Bought 176 K USD
Van Dyk Robert
Director
+ 12000
14.6959 USD
4 years ago
Mar 04, 2020
Bought 128 K USD
Van Dyk Robert
Director
+ 8000
16.0477 USD
4 years ago
Feb 28, 2020
Bought 41.1 K USD
Randall Elizabeth E.
Director
+ 2650
15.4943 USD
4 years ago
Feb 04, 2020
Bought 99 K USD
VAN OSTENBRIDGE PAUL
Director
+ 5825
16.9987 USD
5 years ago
Dec 12, 2019
Bought 19.8 K USD
Schlesinger Allyson Katz
EVP & Head of Consumer Banking
+ 1180
16.7847 USD
5 years ago
Dec 12, 2019
Bought 19.8 K USD
Schlesinger Allyson Katz
EVP & Head of Consumer Banking
+ 1180
16.7847 USD
5 years ago
Dec 11, 2019
Bought 99.1 K USD
Randall Elizabeth E.
Director
+ 5975
16.59 USD
5 years ago
Jun 13, 2019
Bought 27.9 K USD
Randall Elizabeth E.
Director
+ 1900
14.6691 USD
5 years ago
Jun 13, 2019
Bought 99.7 K USD
Randall Elizabeth E.
Director
+ 6704
14.8715 USD
5 years ago
Jun 13, 2019
Bought 74 K USD
Van Dyk Robert
Director
+ 5000
14.81 USD
5 years ago
Jun 13, 2019
Bought 146 K USD
Van Dyk Robert
Director
+ 10000
14.6 USD
5 years ago
Jun 13, 2019
Bought 99.6 K USD
Kuiken Henry
Director
+ 6742
14.78 USD
5 years ago
Jun 13, 2019
Bought 99.6 K USD
Kuiken Henry
Director
+ 6742
14.78 USD
5 years ago
Jun 14, 2019
Bought 36.5 K USD
Kemly Thomas J.
President & CEO
+ 2500
14.59 USD
5 years ago
Jun 14, 2019
Bought 19 K USD
Krukar Mark S.
EVP & Chief Credit Officer
+ 1300
14.6344 USD
5 years ago
Jun 14, 2019
Bought 14.8 K USD
Klimowich John
EVP & Chief Risk Officer
+ 1010
14.7 USD
5 years ago
Jun 14, 2019
Bought 14.6 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 1000
14.65 USD
5 years ago
Jun 13, 2019
Bought 14.9 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 1000
14.869 USD
5 years ago
Mar 07, 2019
Bought 20 K USD
Schlesinger Allyson Katz
EVP & Head of Consumer Banking
+ 1250
16.03 USD
5 years ago
Mar 08, 2019
Bought 15.9 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 1000
15.8854 USD
5 years ago
Mar 06, 2019
Bought 4.8 K USD
Kemly Thomas J.
President & CEO
+ 300
16 USD
5 years ago
Mar 06, 2019
Bought 156 K USD
Kemly Thomas J.
President & CEO
+ 9700
16.05 USD
5 years ago
Mar 05, 2019
Bought 96.2 K USD
Allen, Jr. Edward Thomas
SEVP & Chief Operating Officer
+ 6000
16.0358 USD
5 years ago
Mar 06, 2019
Bought 24.9 K USD
Klimowich John
EVP & Chief Risk Officer
+ 1550
16.05 USD
5 years ago
Mar 01, 2019
Bought 47.9 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 3000
15.983 USD
5 years ago
Mar 04, 2019
Bought 48.1 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 3000
16.0197 USD
5 years ago
Feb 07, 2019
Bought 6.32 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 400
15.81 USD
5 years ago
Feb 07, 2019
Bought 9.51 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 600
15.849 USD
6 years ago
Dec 07, 2018
Bought 3.09 K USD
Krukar Mark S.
EVP & Chief Credit Officer
+ 200
15.46 USD
6 years ago
Dec 06, 2018
Bought 142 K USD
Randall Elizabeth E.
Director
+ 9216
15.3615 USD
6 years ago
Dec 04, 2018
Bought 109 K USD
Kuiken Henry
Director
+ 7025
15.5 USD
6 years ago
Nov 23, 2018
Bought 9.7 K USD
Kuiken Henry
Director
+ 626
15.5 USD
6 years ago
Nov 20, 2018
Bought 4.69 K USD
Krukar Mark S.
EVP & Chief Credit Officer
+ 300
15.62 USD
6 years ago
Nov 20, 2018
Bought 6.25 K USD
Krukar Mark S.
EVP & Chief Credit Officer
+ 400
15.63 USD
6 years ago
Nov 20, 2018
Bought 28.2 K USD
Krukar Mark S.
EVP & Chief Credit Officer
+ 1800
15.64 USD
6 years ago
Nov 01, 2018
Bought 75.1 K USD
Schlesinger Allyson Katz
EVP & Head of Consumer Banking
+ 4876
15.3926 USD
6 years ago
Oct 31, 2018
Bought 45.8 K USD
Kemly Thomas J.
President & CEO
+ 3000
15.25 USD
6 years ago
Oct 30, 2018
Bought 106 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 7000
15.2 USD
6 years ago
Oct 30, 2018
Bought 4.02 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 261
15.42 USD
6 years ago
Oct 30, 2018
Bought 42.1 K USD
Dempsey Joseph Francis Jr
EVP & Head Commercial Banking
+ 2739
15.3619 USD
6 years ago
Aug 29, 2018
Bought 430 K USD
Kuiken Henry
Director
+ 25400
16.914 USD
6 years ago
Aug 14, 2018
Bought 2.96 K USD
Kuiken Henry
Director
+ 175
16.94 USD
6 years ago
Aug 14, 2018
Bought 20.9 K USD
Kuiken Henry
Director
+ 1235
16.93 USD
6 years ago
Aug 14, 2018
Bought 1.42 K USD
Kuiken Henry
Director
+ 84
16.94 USD
6 years ago
Aug 14, 2018
Bought 65.7 K USD
Kuiken Henry
Director
+ 3881
16.93 USD
6 years ago
Aug 14, 2018
Bought 33.9 K USD
Salvetti John R.
Director
+ 2000
16.9416 USD
6 years ago
Jul 31, 2018
Bought 9.96 K USD
Salvetti John R.
Director
+ 600
16.594 USD
6 years ago
Jul 31, 2018
Bought 39.9 K USD
Salvetti John R.
Director
+ 2400
16.61 USD
6 years ago
Jun 01, 2018
Bought 6.82 K USD
Salvetti John R.
Director
+ 400
17.0495 USD
6 years ago
Jun 01, 2018
Bought 44.3 K USD
Salvetti John R.
Director
+ 2600
17.0451 USD
6 years ago
May 30, 2018
Bought 166 K USD
Salvetti John R.
Director
+ 10000
16.5759 USD
6 years ago
May 24, 2018
Bought 36.7 K USD
Massood Michael Jr.
Director
+ 2102
17.4667 USD
6 years ago
May 23, 2018
Bought 135 K USD
Massood Michael Jr.
Director
+ 7673
17.5961 USD
6 years ago
May 16, 2018
Bought 30.6 K USD
Massood Michael Jr.
Director
+ 1803
16.99 USD
6 years ago
May 16, 2018
Bought 58.1 K USD
Massood Michael Jr.
Director
+ 3417
17 USD
6 years ago
May 15, 2018
Bought 115 K USD
Massood Michael Jr.
Director
+ 7000
16.37 USD
6 years ago
May 16, 2018
Bought 3.67 K USD
Massood Michael Jr.
Director
+ 216
16.99 USD
6 years ago
May 15, 2018
Bought 65.4 K USD
Massood Michael Jr.
Director
+ 4000
16.35 USD
6 years ago
May 04, 2018
Bought 46.4 K USD
Kemly Thomas J.
President & CEO
+ 3000
15.45 USD
6 years ago
May 02, 2018
Bought 2.8 K USD
Massood Michael Jr.
Director
+ 180
15.57 USD
6 years ago
May 02, 2018
Bought 15 K USD
Massood Michael Jr.
Director
+ 960
15.58 USD
6 years ago
May 02, 2018
Bought 91.4 K USD
Massood Michael Jr.
Director
+ 5860
15.59 USD
6 years ago
May 02, 2018
Bought 3.12 K USD
Massood Michael Jr.
Director
+ 200
15.59 USD
6 years ago
May 02, 2018
Bought 24.9 K USD
Massood Michael Jr.
Director
+ 1600
15.58 USD
6 years ago
May 02, 2018
Bought 34.3 K USD
Massood Michael Jr.
Director
+ 2200
15.6 USD
6 years ago
May 03, 2018
Bought 7.75 K USD
Klimowich John
EVP & Chief Risk Officer
+ 500
15.5 USD
6 years ago
Apr 30, 2018
Bought 4.65 K USD
Kemly Thomas J.
President & CEO
+ 300
15.5 USD
6 years ago
Apr 30, 2018
Bought 88.6 K USD
Kemly Thomas J.
President & CEO
+ 5700
15.55 USD
6 years ago
Apr 30, 2018
Bought 218 K USD
Kemly Thomas J.
President & CEO
+ 14000
15.59 USD
6 years ago
Apr 30, 2018
Bought 7.26 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 468
15.519 USD
6 years ago
Apr 30, 2018
Bought 39.3 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 2532
15.5199 USD
6 years ago
Apr 19, 2018
Bought 550 K USD
Van Dyk Robert
Director
+ 55000
10 USD
6 years ago
Apr 19, 2018
Bought 247 K USD
Randall Elizabeth E.
Director
+ 24706
10 USD
6 years ago
Apr 19, 2018
Bought 1.35 K USD
Randall Elizabeth E.
Director
+ 135
10 USD
6 years ago
Apr 19, 2018
Bought 1.01 K USD
Randall Elizabeth E.
Director
+ 101
10 USD
6 years ago
Apr 19, 2018
Bought 10 K USD
Murphy Brian William
EVP & Operations Officer
+ 1000
10 USD
6 years ago
Apr 19, 2018
Bought 1 K USD
Murphy Brian William
EVP & Operations Officer
+ 100
10 USD
6 years ago
Apr 19, 2018
Bought 75.5 K USD
Massood Michael Jr.
Director
+ 7554
10 USD
6 years ago
Apr 19, 2018
Bought 32.6 K USD
Massood Michael Jr.
Director
+ 3265
10 USD
6 years ago
Apr 19, 2018
Bought 385 K USD
Kuiken Henry
Director
+ 38500
10 USD
6 years ago
Apr 19, 2018
Bought 165 K USD
Kuiken Henry
Director
+ 16500
10 USD
6 years ago
Apr 19, 2018
Bought 60 K USD
Krukar Mark S.
EVP & Chief Lending Officer
+ 6000
10 USD
6 years ago
Apr 19, 2018
Bought 28 K USD
Krukar Mark S.
EVP & Chief Lending Officer
+ 2800
10 USD
6 years ago
Apr 19, 2018
Bought 12.6 K USD
Klimowich John
EVP & Chief Risk Officer
+ 1264
10 USD
6 years ago
Apr 19, 2018
Bought 2.28 K USD
Klimowich John
EVP & Chief Risk Officer
+ 228
10 USD
6 years ago
Apr 19, 2018
Bought 247 K USD
Kemly Thomas J.
President & CEO
+ 24687
10 USD
6 years ago
Apr 19, 2018
Bought 84.3 K USD
Kemly Thomas J.
President & CEO
+ 8433
10 USD
6 years ago
Apr 19, 2018
Bought 81.9 K USD
Kemly Thomas J.
President & CEO
+ 8192
10 USD
6 years ago
Apr 19, 2018
Bought 77.6 K USD
Kemly Thomas J.
President & CEO
+ 7755
10 USD
6 years ago
Apr 19, 2018
Bought 59.3 K USD
Kemly Thomas J.
President & CEO
+ 5933
10 USD
6 years ago
Apr 19, 2018
Bought 280 K USD
Kelly Geri M.
EVP & HRO
+ 27979
10 USD
6 years ago
Apr 19, 2018
Bought 19.7 K USD
Kelly Geri M.
EVP & HRO
+ 1971
10 USD
6 years ago
Apr 19, 2018
Bought 480 K USD
Holland Noel R.
Director
+ 48000
10 USD
6 years ago
Apr 19, 2018
Bought 50 K USD
Holland Noel R.
Director
+ 5000
10 USD
6 years ago
Apr 19, 2018
Bought 20 K USD
Holland Noel R.
Director
+ 2000
10 USD
6 years ago
Apr 19, 2018
Bought 550 K USD
Hallock Raymond G.
Director
+ 55000
10 USD
6 years ago
Apr 19, 2018
Bought 450 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 45000
10 USD
6 years ago
Apr 19, 2018
Bought 100 K USD
Gibney Dennis E.
EVP & Chief Financial Officer
+ 10000
10 USD
6 years ago
Apr 19, 2018
Bought 250 K USD
Czerwinski Frank
Director
+ 25000
10 USD
6 years ago
Apr 19, 2018
Bought 200 K USD
Czerwinski Frank
Director
+ 20000
10 USD
6 years ago
Apr 19, 2018
Bought 100 K USD
Czerwinski Frank
Director
+ 10000
10 USD
6 years ago
Apr 19, 2018
Bought 200 K USD
Allen, Jr. Edward Thomas
SVP & Chief Operating Officer
+ 20000
10 USD
6 years ago
Apr 19, 2018
Bought 40 K USD
Allen, Jr. Edward Thomas
SVP & Chief Operating Officer
+ 4000
10 USD
7. News
Here's Why Columbia Financial (CLBK) is Poised for a Turnaround After Losing -11.12% in 4 Weeks 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 estimates could lead to a trend reversal for the stock. zacks.com - 2 weeks ago
What Makes Columbia Financial (CLBK) a New 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 #2 (Buy). zacks.com - 2 weeks ago
CLBK Repositions Balance Sheet to Boost Earnings, Stock Slides 1.5% Columbia Financial is repositioning its balance sheet to boost earnings, expand net interest margin and reduce reliance on wholesale funding. zacks.com - 1 month ago
Columbia Financial, Inc. Announces Repositioning of Balance Sheet FAIR LAWN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK) the holding company for Columbia Bank (the “Bank”) announced a repositioning of the Company's balance sheet. globenewswire.com - 1 month ago
Columbia Financial, Inc. Announces Appointment of New Senior Executive Vice President and Chief Operating Officer FAIR LAWN, N.J., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”), the mid-tier holding company for Columbia Bank (the “Bank”), announced today that Matthew Smith has been appointed as Senior Executive Vice President and Chief Operating Officer of the Company and the Bank effective as of November 25, 2024. The Company previously disclosed the retirement of E. Thomas Allen, Jr., the current Senior Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of January 31, 2025. globenewswire.com - 1 month ago
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. zacks.com - 2 months ago
Columbia Financial (CLBK) Meets Q3 Earnings Estimates Columbia Financial (CLBK) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.09 per share a year ago. zacks.com - 2 months ago
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 million, or $0.06 per basic and diluted share, for the quarter ended September 30, 2024, as compared to $9.1 million, or $0.09 per basic and diluted share, for the quarter ended September 30, 2023. The income for the quarter ended September 30, 2024 reflected lower net interest income, mainly due to an increase in interest expense, and higher provision for credit losses, partially offset by higher non-interest income and lower income tax expense. globenewswire.com - 2 months ago
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 of Freehold Bank with and into Columbia Bank, effective as of October 5, 2024. Prior to the bank merger, Freehold Bank and Columbia Bank were held and operated as separate subsidiaries of the Company. globenewswire.com - 3 months ago
Columbia Financial Gets Regulatory Nod to Merge Freehold Bank CLBK receives regulatory approvals to complete the Freehold Bank merger into Columbia Bank. zacks.com - 4 months ago
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 Columbia Bank has received the requisite regulatory approval from the Office of the Comptroller of the Currency necessary to merge Freehold Bank with and into Columbia Bank. globenewswire.com - 4 months ago
Columbia Financial (CLBK) Could Find a Support Soon, Here's Why You Should Buy the Stock Now Columbia Financial (CLBK) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term. zacks.com - 5 months ago
8. Profile Summary

Columbia Financial, Inc. CLBK

image
COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 1.68 B
Dividend Yield 0.00%
Description 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 residential loans, construction loans, home equity loans and advances, and other consumer loans that include automobiles and personal loans, as well as unsecured and overdraft lines of credit. In addition, the company offers title insurance products; wealth management services; and cash management services, including remote deposit, lockbox service, and sweep accounts. As of December 31, 2021, it operated 62 full-service banking offices in 12 of New Jersey's 21 counties; and 2 branch offices in Freehold, New Jersey. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. is a subsidiary of Columbia Bank MHC.
Contact 19-01 Route 208 North, Fair Lawn, NJ, 07410 https://www.columbiabankonline.com
IPO Date April 23, 2018
Employees 720
Officers Mr. Manesh Balachandran Prabhu Executive Vice President & Chief Information Officer Ms. Jenifer W. Walden Executive Vice President & Chief Human Resources Officer Mr. Oliver Edward Lewis Jr. Executive Vice President & Head of Commercial Banking Mr. Edward Thomas Allen Jr. Executive Officer Ms. Allyson Katz Schlesinger Executive Vice President & Head of Consumer Banking Mr. Matthew Smith Senior EVice President & Chief Operating Officer Ms. Mayra L. Rinaldi Executive Vice President of Corporate Governance and Culture Mr. Dennis E. Gibney C.F.A. Executive Vice President & Chief Financial Officer Mr. John Klimowich Executive Vice President & Chief Risk Officer Mr. Thomas J. Kemly President, Chief Executive Officer & Director