Columbia Financial (NASDAQ:CLBK – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01, FiscalAI reports. Columbia Financial had a net margin of 8.54% and a return on equity of 7.35%. The business had revenue of $100.47 million during the quarter, compared to analyst estimates of $129.93 million.
Columbia Financial Stock Performance
NASDAQ CLBK opened at $11.04 on Friday. Columbia Financial has a 1 year low of $6.56 and a 1 year high of $12.00. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $2.98 billion, a PE ratio of 38.43 and a beta of 0.26. The company’s 50 day simple moving average is $11.22 and its two-hundred day simple moving average is $16.04.
Columbia Financial Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Tuesday, November 10th will be paid a $0.05 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $0.20 annualized dividend and a yield of 1.8%. Columbia Financial’s dividend payout ratio is currently 58.82%.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on CLBK. Weiss Ratings lowered Columbia Financial from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Capital One Financial set a $14.00 price target on Columbia Financial in a research report on Monday, August 17th. Piper Sandler upgraded Columbia Financial from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $19.00 to $14.00 in a research note on Tuesday, August 11th. Keefe, Bruyette & Woods assumed coverage on Columbia Financial in a report on Monday, August 17th. They set an “outperform” rating and a $14.50 price objective on the stock. Finally, New Street Research set a $14.00 price objective on Columbia Financial in a report on Monday, August 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $15.10.
Check Out Our Latest Stock Analysis on Columbia Financial
Columbia Financial News Roundup
Here are the key news stories impacting Columbia Financial this week:
- Positive Sentiment: Columbia Financial reported third-quarter adjusted EPS of $0.16, above estimates ranging from $0.13 to $0.15 and more than double the $0.07 reported a year earlier. The earnings beat is likely the main catalyst for investor interest. Columbia Financial Q3 Earnings Top Estimates
- Positive Sentiment: The board declared a quarterly cash dividend of $0.05 per share, payable November 25 to shareholders of record November 10. The dividend implies $0.20 in annual payments and a yield of approximately 1.9%, providing ongoing shareholder income. Columbia Financial Declares Quarterly Cash Dividend
- Neutral Sentiment: The company reported third-quarter total interest income of $192.7 million, offering investors additional insight into operating performance and lending activity. Columbia Financial Q3 Total Interest Income
- Neutral Sentiment: Columbia Financial disclosed third-quarter net charge-offs. The release provides a credit-quality data point, but the information supplied does not include the amount or whether charge-offs increased from the prior year. Columbia Financial Reports Third-Quarter Net Charge-Offs
- Negative Sentiment: GAAP net income fell to $5.2 million, or $0.02 per share, from $14.9 million, or $0.07 per share, a year earlier. Reported revenue of $100.47 million was also below the $129.93 million consensus estimate, creating concerns about underlying profitability despite the adjusted-EPS beat. Columbia Financial Announces Q3 2026 Results
About Columbia Financial
Columbia Financial, Inc is the holding company for Columbia Bank, a community-focused financial institution headquartered in Fair Lawn, New Jersey. Columbia Bank provides banking and financial services to consumers, businesses and organizations through a network of branches and digital banking channels.
The bank’s products and services include checking and savings accounts, certificates of deposit, residential mortgages, home equity loans, consumer loans and commercial real estate and business lending.
Read More
- Five stocks we like better than Columbia Financial
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
Receive News & Ratings for Columbia Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Financial and related companies with MarketBeat.com's FREE daily email newsletter.
