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Columbia Financial (NASDAQ:CLBK) Posts Quarterly Earnings Results, Hits Estimates

Columbia Financial logo with Finance background

Columbia Financial (NASDAQ:CLBK - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06, Zacks reports. The business had revenue of $124.87 million during the quarter, compared to analyst estimates of $54.95 million. Columbia Financial had a net margin of 4.11% and a return on equity of 2.42%.

Columbia Financial Trading Down 1.6 %

CLBK stock traded down $0.28 during trading on Friday, reaching $16.69. The company had a trading volume of 69,478 shares, compared to its average volume of 81,992. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.02 and a quick ratio of 1.02. Columbia Financial has a 52 week low of $13.79 and a 52 week high of $20.46. The business has a 50 day moving average of $17.08 and a 200 day moving average of $16.22. The company has a market cap of $1.75 billion, a P/E ratio of 104.31 and a beta of 0.18.

About Columbia Financial

(Get Free Report)

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.

Further Reading

Earnings History for Columbia Financial (NASDAQ:CLBK)

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