Columbia Financial, Inc. operates as the bank holding company for Columbia Bank that 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, 2020, it operated 61 full-service banking offices in twelve of New Jersey's 21 counties. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. operates as a subsidiary of Columbia Bank MHC.
IPO Year: 2018
Exchange: NASDAQ
Website: columbiabankonline.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/11/2023 | $18.00 | Buy | Janney |
| 7/28/2022 | $24.00 | Overweight → Neutral | Piper Sandler |
| 4/28/2022 | $23.00 → $20.00 | Buy → Neutral | Compass Point |
| 12/2/2021 | $20.00 → $22.00 | Neutral → Overweight | Piper Sandler |
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4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
4 - Columbia Financial, Inc. (0001723596) (Issuer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - Columbia Financial, Inc. (0001723596) (Issuer)
425 - Columbia Financial, Inc. (0001723596) (Filed by)
425 - Columbia Financial, Inc. (0001723596) (Filed by)
425 - Columbia Financial, Inc. (0001723596) (Subject)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
10-Q - Columbia Financial, Inc. (0001723596) (Filer)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
8-K - Columbia Financial, Inc. (0001723596) (Filer)
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Janney initiated coverage of Columbia Financial with a rating of Buy and set a new price target of $18.00
Piper Sandler downgraded Columbia Financial from Overweight to Neutral and set a new price target of $24.00
Compass Point downgraded Columbia Financial from Buy to Neutral and set a new price target of $20.00 from $23.00 previously
Piper Sandler upgraded Columbia Financial from Neutral to Overweight and set a new price target of $22.00 from $20.00 previously
Compass Point upgraded Columbia Financial from Neutral to Buy and set a new price target of $19.00 from $18.00 previously
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NOTABLE ITEMS FOR THE QUARTER: NORTHFIELD BANCORP, INC. HAS AGREED TO MERGE WITH COLUMBIA FINANCIAL, INC. (NASDAQ:CLBK) SEE JOINT PRESS RELEASE FOR FURTHER DETAILS.CASH DIVIDEND OF $0.13 PER SHARE, PAYABLE FEBRUARY 25, 2026, TO STOCKHOLDERS OF RECORD AS OF FEBRUARY 12, 2026.$41.0 GOODWILL IMPAIRMENT CHARGE RECORDED RESULTING IN A NET LOSS FOR THE FOURTH QUARTER OF 2025 OF $27.4 MILLION, OR $0.69 PER SHARE, COMPARED TO NET INCOME OF $10.8 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE TRAILING QUARTER, AND NET INCOME OF $11.3 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE FOURTH QUARTER OF 2024. Fourth quarter 2025 results included the impact of a non-cash, non-tax deductible goodwill impairmen
FAIR LAWN, N.J. and WOODBRIDGE, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. ("Columbia") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank (the "Bank"), and Northfield Bancorp, Inc. ("Northfield") (NASDAQ:NFBK), the holding company for Northfield Bank, jointly announced today that they have entered into an agreement and plan of merger for Columbia to acquire Northfield in a transaction valued at approximately $597 million. The combination of the two organizations will create the third largest regional bank headquartered in New Jersey, with pro forma total assets of $18 billion based on financial data as of December 31, 2025. In connection with the announce
FAIR LAWN, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $15.7 million, or $0.15 per basic and diluted share, for the quarter ended December 31, 2025, as compared to a net loss of $21.2 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2024. Earnings for the quarter ended December 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, a decrease in provision for credit losses and higher non-interest income, partially offset by higher income tax expense. Duri
FAIR LAWN, N.J., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Bank"), today announced that, effective immediately, Dennis E. Gibney, Senior Executive Vice President and Chief Financial Officer of the Company and the Bank, has been promoted to First Senior Executive Vice President and Chief Banking Officer of the Company and the Bank. In connection with Mr. Gibney's promotion, effective immediately, Thomas Splaine, Jr., First Senior Vice President and Chief Accounting Officer of the Company and the Bank, has been appointed Executive Vice President and Chief Financial Officer of the Company and the
FAIR LAWN, N.J., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $14.9 million, or $0.15 per basic and diluted share, for the quarter ended September 30, 2025, as compared to $6.2 million, or $0.06 per basic and diluted share, for the quarter ended September 30, 2024. Earnings for the quarter ended September 30, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, a decrease in provision for credit losses and higher non-interest income, partially offset by an increase in non-interest expense and hig
FAIR LAWN, N.J., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (NASDAQ:CLBK) (the "Company"), the holding company for Columbia Bank, today announced that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,800,000 shares, or approximately 1.7%, of the Company's currently issued and outstanding common stock. The stock repurchase program was adopted following the receipt of a notice of non-objection from the Federal Reserve Bank of Philadelphia. The stock repurchase program permits shares to be repurchased in open market or private transactions, privately negotiated transactions, and pursuant to any trading plan that may be adopted
FAIR LAWN, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $12.3 million, or $0.12 per basic and diluted share, for the quarter ended June 30, 2025, as compared to $4.5 million, or $0.04 per basic and diluted share, for the quarter ended June 30, 2024. Earnings for the quarter ended June 30, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, higher non-interest income and a decrease in non-interest expense, partially offset by higher income tax expense. For the six months ended June 30, 202
FAIR LAWN, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $8.9 million, or $0.09 per basic and diluted share, for the quarter ended March 31, 2025, as compared to a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024. Earnings for the quarter ended March 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, lower provision for credit losses and a decrease in non-interest expense, partially offset by higher income tax expense. Mr. T
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 m
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. As part of the Company's strategy to improve future earnings and expand its net interest margin, the Company sold approximately $321 million of available-for-sale debt securities with a weighted average book yield of 1.53% and average life of 3.6 years that were mostly purchased during the COVID period. Proceeds from the sale were used to fund loan growth of $85 million, purchase $66 million of higher yielding debt securities and prepay $170 million of higher cost borrowin
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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. Mr. Smith served as the Chief Digital Banking Officer and Head of Enterprise Product, Marketing and Transformation at Webster Bank from Febru
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 Mayra L. Rinaldi as Executive Vice President, Corporate Governance and Culture of the Company and the Bank. In her new role, Mrs. Rinaldi will continue to oversee the Corporate Governance, Executive Administration, Community Development and Corporate Facilities departments of the Company and the Bank. In addition, she will also continue to oversee Company's and the Bank's regulatory and SEC compliance requirements, Environmental, Social and Governance (ESG) strategy, which includes monitoring the
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 Torres has been appointed to the Boards of Directors of Columbia Financial and Columbia Bank effective July 27, 2021. Ms. Torres will also serve on the Audit Committee of the Company and the Bank. Ms. Torres' appointment brings the Company's total number of directors to ten, nine of whom are independent non-executive directors. Ms. Torres is the founder and Managing Partner of Walls Torres Group, LLC, a strategic management consulting firm that works with leading corporations, non-profits and
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NOTABLE ITEMS FOR THE QUARTER: NORTHFIELD BANCORP, INC. HAS AGREED TO MERGE WITH COLUMBIA FINANCIAL, INC. (NASDAQ:CLBK) SEE JOINT PRESS RELEASE FOR FURTHER DETAILS.CASH DIVIDEND OF $0.13 PER SHARE, PAYABLE FEBRUARY 25, 2026, TO STOCKHOLDERS OF RECORD AS OF FEBRUARY 12, 2026.$41.0 GOODWILL IMPAIRMENT CHARGE RECORDED RESULTING IN A NET LOSS FOR THE FOURTH QUARTER OF 2025 OF $27.4 MILLION, OR $0.69 PER SHARE, COMPARED TO NET INCOME OF $10.8 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE TRAILING QUARTER, AND NET INCOME OF $11.3 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE FOURTH QUARTER OF 2024. Fourth quarter 2025 results included the impact of a non-cash, non-tax deductible goodwill impairmen
FAIR LAWN, N.J. and WOODBRIDGE, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. ("Columbia") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank (the "Bank"), and Northfield Bancorp, Inc. ("Northfield") (NASDAQ:NFBK), the holding company for Northfield Bank, jointly announced today that they have entered into an agreement and plan of merger for Columbia to acquire Northfield in a transaction valued at approximately $597 million. The combination of the two organizations will create the third largest regional bank headquartered in New Jersey, with pro forma total assets of $18 billion based on financial data as of December 31, 2025. In connection with the announce
FAIR LAWN, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $15.7 million, or $0.15 per basic and diluted share, for the quarter ended December 31, 2025, as compared to a net loss of $21.2 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2024. Earnings for the quarter ended December 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, a decrease in provision for credit losses and higher non-interest income, partially offset by higher income tax expense. Duri
FAIR LAWN, N.J., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $14.9 million, or $0.15 per basic and diluted share, for the quarter ended September 30, 2025, as compared to $6.2 million, or $0.06 per basic and diluted share, for the quarter ended September 30, 2024. Earnings for the quarter ended September 30, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, a decrease in provision for credit losses and higher non-interest income, partially offset by an increase in non-interest expense and hig
FAIR LAWN, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $12.3 million, or $0.12 per basic and diluted share, for the quarter ended June 30, 2025, as compared to $4.5 million, or $0.04 per basic and diluted share, for the quarter ended June 30, 2024. Earnings for the quarter ended June 30, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, higher non-interest income and a decrease in non-interest expense, partially offset by higher income tax expense. For the six months ended June 30, 202
FAIR LAWN, N.J., April 30, 2025 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $8.9 million, or $0.09 per basic and diluted share, for the quarter ended March 31, 2025, as compared to a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024. Earnings for the quarter ended March 31, 2025 reflected higher net interest income due to both an increase in interest income and a decrease in interest expense, lower provision for credit losses and a decrease in non-interest expense, partially offset by higher income tax expense. Mr. T
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. For the nine months ended September 30, 2024, the
FAIR LAWN, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), reported net income of $4.5 million, or $0.04 per basic and diluted share, for the quarter ended June 30, 2024, as compared to $1.7 million, or $0.02 per basic and diluted share, for the quarter ended June 30, 2023. The income for the quarter ended June 30, 2024 reflected higher non-interest income, mainly due to the 2023 period including a $9.6 million loss on securities transactions, and lower non-interest expense, partially offset by lower net interest income, mainly due to an increase in in
FAIR LAWN, N.J., April 30, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the "Company") (NASDAQ:CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), reported a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024, as compared to net income of $18.7 million, or $0.18 per basic and diluted share, for the quarter ended March 31, 2023. The net loss for the quarter ended March 31, 2024 reflected lower net interest income, mainly due to an increase in interest expense, a higher provision for credit losses and higher non-interest expense, partially offset by lower income tax expense. For the quarter
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"), reported net income of $6.6 million, or $0.06 per basic and diluted share, for the quarter ended December 31, 2023, as compared to net income of $21.9 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2022. Earnings for the quarter ended December 31, 2023 reflected lower net interest income, mainly due to an increase in interest expense, a higher provision for credit losses and higher non-interest expense, which included a one-time Federal Deposit Insurance Corpo