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
Before you consider Columbia Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Columbia Financial wasn't on the list.
While Columbia Financial currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.