Financial Services -
Banks - Regional - NASDAQ - US
$ 13.07
-1.58 %
$ 1.37 B
Market Cap
-118.82
P/E
1. INTRINSIC VALUE
Balance Sheet
Columbia Financial, Inc.
| Current Assets | 8.19 B |
| Cash & Short-Term Investments | 289 M |
| Receivables | 7.9 B |
| Other Current Assets | 0 |
| Non-Current Assets | 203 M |
| Long-Term Investments | 0 |
| PP&E | 81.8 M |
| Other Non-Current Assets | 121 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.08 B |
| Long-Term Debt | 1.08 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Columbia Financial, Inc.
| Revenue | 451 M |
| Cost Of Revenue | 0 |
| Gross Profit | 451 M |
| Operating Expenses | 16.7 M |
| Operating Income | 435 M |
| Other Expenses | 446 M |
| Net Income | -11.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Columbia Financial, Inc.
| Net Income | -11.7 M |
| Depreciation & Amortization | 74 K |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | -12.5 M |
| Free Cash Flow | -1.36 M |
Wall Street Analysts Price Targets
Columbia Financial, Inc.
CLBK has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
CLBK does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Columbia Financial, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
171 K USD 1
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
0 USD 0
9-12 MONTHS
7. News
Is the Options Market Predicting a Spike in Columbia Financial (CLBK) Stock?
Investors need to pay close attention to Columbia Financial (CLBK) stock based on the movements in the options market lately.
zacks.com
- 2 months ago
Columbia Financial (CLBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Columbia Financial (CLBK) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 months ago
Columbia Financial (CLBK) Beats Q4 Earnings and Revenue Estimates
Columbia Financial (CLBK) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.09 per share a year ago.
zacks.com
- 3 months ago
Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024
FAIR LAWN, N.J., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported a net loss of $21.2 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2024, as compared to net income of $6.6 million, or $0.06 per basic and diluted share, for the quarter ended December 31, 2023. The net loss for the quarter ended December 31, 2024 reflected lower non-interest income mainly due to the previously disclosed balance sheet repositioning transaction. As part of the Company's strategy to improve future earnings and expand its net interest margin, the Company sold $352.3 million of debt securities available for sale during the fourth quarter of 2024, and the proceeds from the sale were used to fund loan growth of $72.9 million, purchase $78.1 million of higher yielding debt securities and prepay $170.0 million of higher cost borrowings. This balance sheet repositioning transaction resulted in a pre-tax loss on the sale of securities and extinguishment of debt of $37.9 million. The quarter ended December 31, 2024 results also reflected a higher provision for credit losses, partially offset by higher net interest income, mainly due to an increase in interest income, lower non-interest expense and lower income tax expense. For the quarter ended December 31, 2024, the Company reported core net income of $11.4 million, an increase of $1.3 million, or 12.4%, compared to core net income of $10.1 million for the quarter ended December 31, 2023. The benefit of the balance sheet repositioning transaction was modest during the fourth quarter, as the settlement of the transaction occurred late in the quarter. (Refer to "Reconciliation of GAAP to Non-GAAP Financial Measures" for a reconciliation of GAAP net income to core net income.)
globenewswire.com
- 3 months ago
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
- 3 months 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
- 3 months 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
- 4 months 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
- 4 months 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
- 5 months 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
- 6 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
- 6 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
- 6 months ago
8. Profile
Summary
Columbia Financial, Inc. CLBK
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.37 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
708
Officers
Mr. Manesh Balachandran Prabhu
Executive Vice President & Chief Information Officer
Mr. Oliver Edward Lewis Jr.
Senior EVice President and Head of Commercial Banking
Ms. Allyson Katz Schlesinger
Senior Executive Vice President & Head of Consumer Banking
Mr. John Klimowich
Senior Executive Vice President & Chief Risk Officer
Ms. Mayra L. Rinaldi
Executive Vice President of Corporate Governance and Culture
Mr. Dennis E. Gibney C.F.A.
Senior Executive Vice President & Chief Financial Officer
Mr. Matthew Smith
Senior EVice President & Chief Operating Officer
Ms. Jenifer W. Walden
Executive Vice President & Chief Human Resources Officer
Mr. W. Justin Jennings
Executive Vice President & Operations Officer
Mr. Thomas J. Kemly
President, Chief Executive Officer & Director