Columbia Financial (CLBK) Expected to Announce Quarterly Earnings on Thursday

Columbia Financial (NASDAQ:CLBK - Get Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Columbia Financial to post earnings of $0.07 per share and revenue of $45,900.00 billion for the quarter.

Columbia Financial (NASDAQ:CLBK - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%. The business had revenue of $124.87 million during the quarter, compared to analysts' expectations of $54.95 million. On average, analysts expect Columbia Financial to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Columbia Financial Price Performance

Shares of CLBK traded down $0.04 during mid-day trading on Thursday, hitting $15.83. 71,530 shares of the stock were exchanged, compared to its average volume of 78,463. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $1.66 billion, a PE ratio of 105.54 and a beta of 0.22. Columbia Financial has a 52-week low of $13.79 and a 52-week high of $20.46. The firm has a 50-day moving average of $17.02 and a two-hundred day moving average of $16.92.

Insider Buying and Selling

In related news, Director Noel R. Holland sold 10,000 shares of Columbia Financial stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $17.06, for a total value of $170,600.00. Following the completion of the transaction, the director now owns 30,501 shares in the company, valued at approximately $520,347.06. This trade represents a 24.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.38% of the stock is currently owned by company insiders.

Columbia Financial Company Profile

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.