Columbia Financial (CLBK) Stock Price, News & Analysis

Company Overview

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. The company also provides various 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, such as automobiles and personal loans, as well as unsecured and overdraft lines of credit. In addition, it offers title insurance products; wealth management services; and cash management services comprising remote deposit, lockbox service, sweep accounts, and escrow services. The company operates full-service banking offices in New Jersey; and branch offices in Freehold, New Jersey. Columbia Financial, Inc. was founded in 1926 and is based in Fair Lawn, New Jersey. Columbia Financial, Inc. is a subsidiary of Columbia Bank MHC.

Key Stats

• Today's Range: $15.66 to $16.22
• 50-Day Range: $15.91 to $19.14
• 52-Week Range: $13.79 to $20.46
• Volume: 227,221 shs
• Average Volume: 82,635 shs
• Market Capitalization: $1.67 billion
• P/E Ratio: 106.21
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Hold

Columbia Financial Stock Analysis - MarketRank™

Columbia Financial scored higher than 11% of companies evaluated by MarketBeat, and ranked 876th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Columbia Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Columbia Financial has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 158.82%

Earnings Growth

Earnings for Columbia Financial are expected to grow by 158.82% in the coming year, from $0.17 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Columbia Financial is 106.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Columbia Financial is 106.21, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 34.17.

Price to Book Value per Share Ratio

Columbia Financial has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.77% of the float of Columbia Financial has been sold short.

Short Interest Ratio / Days to Cover

Columbia Financial has a short interest ratio ("days to cover") of 30.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Columbia Financial has recently decreased by 0.84%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Columbia Financial does not currently pay a dividend.

Dividend Growth

Columbia Financial does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.77% of the float of Columbia Financial has been sold short.

Short Interest Ratio / Days to Cover

Columbia Financial has a short interest ratio ("days to cover") of 30.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Columbia Financial has recently decreased by 0.84%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

2 people have added Columbia Financial to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Columbia Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,600.00 in company stock.

Percentage Held by Insiders

Only 3.38% of the stock of Columbia Financial is held by insiders.

Percentage Held by Institutions

Only 12.72% of the stock of Columbia Financial is held by institutions.

CLBK Stock Analysis - Frequently Asked Questions

How have CLBK shares performed this year?

Columbia Financial's stock was trading at $19.28 at the beginning of the year. Since then, CLBK shares have decreased by 17.4% and is now trading at $15.93.
View the best growth stocks for 2024 here.

How were Columbia Financial's earnings last quarter?

Columbia Financial, Inc. (NASDAQ:CLBK) posted its earnings results on Thursday, October, 24th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. The company had revenue of $124.87 million for the quarter, compared to the consensus estimate of $54.95 million. Columbia Financial had a trailing twelve-month return on equity of 2.09% and a net margin of 3.35%.

Who are Columbia Financial's major shareholders?

Columbia Financial's top institutional shareholders include State Street Corp (0.84%), Geode Capital Management LLC (0.69%), Charles Schwab Investment Management Inc. (0.22%) and UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (0.07%). Insiders that own company stock include Thomas J Kemly, Dennis E Gibney, Dyk Robert Van, John Klimowich, Michael Jr Massood, Noel R Holland, Allyson Katz Schlesinger and Ostenbridge Paul Van.
View institutional ownership trends.

How do I buy shares of Columbia Financial?

Shares of CLBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Columbia Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Columbia Financial investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), NVIDIA (NVDA) and Home Depot (HD).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CLBK
• CUSIP: N/A
• CIK: 1723596
• Web: www.columbiabankonline.com
• Phone: (800) 522-4167
• Fax: N/A
• Employees: 750
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.15
• Trailing P/E Ratio: 106.21
• Forward P/E Ratio: 93.71
• P/E Growth: N/A
• Net Income: $36.09 million
• Net Margins: 3.35%
• Pretax Margin: 3.79%
• Return on Equity: 2.09%
• Return on Assets: 0.21%

Debt

• Debt-to-Equity Ratio: 1.32
• Current Ratio: 0.99
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $213.75 million
• Price / Sales: 7.80
• Cash Flow: $0.63 per share
• Price / Cash Flow: 25.44
• Book Value: $9.87 per share
• Price / Book: 1.61

Miscellaneous

• Outstanding Shares: 104,723,000
• Free Float: 101,183,000
• Market Cap: $1.67 billion
• Optionable: Optionable
• Beta: 0.19